Daily Newsletter: Fastest Home Price Gains Since 2004, Inventories Dwindling; Should Mortgages Be Twice as Risky?

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30 Year Fixed 3.02%   +0.03 15 Year Fixed 2.58%   +0.03 10YR Treasury 0.90%   +0.0441 FNMA 30YR 3.5 105.56   -0.02 FNMA 15YR 2.5 104.67   +0.02 View Today's Rates

Tuesday November 3, 2020 MND NewsWire - 10:27AM Fastest Home Price Gains Since 2004, Inventories Dwindling CoreLogic's estimate of the annual home price appreciation in September is not nearly as high as that published yesterday (over 14 percent) by Black Knight on Monday, but at 6.7 percent ... Mortgage Rate Watch - 5:16PM Mortgage Rates Pop Higher as Lenders Guard Against Volatility It's no secret that there was a massive market reaction to the 2016 election. Even though markets don't expect the range of potential outcomes to be nearly as wide this time, there ... MND NewsWire - 10:49AM Think Tank Concludes Mortgage Guidelines Could Safely be Twice as Risky The Urban Institute's (UI's) Housing Finance Policy Center has updated its credit availability index (HCAI) to reflect data for the second quarter of 2020. The Index shows a slight ... MBS Commentary - 3:43PM MBS RECAP: 10yr Yields at 0.96% a Best-Case Starting Point For a Bad Reaction in Bonds 10yr Yields at 0.96% a Best-Case Starting Point For a Bad Reaction in Bonds The election (referring both to the presidency and the composition of the Senate) is the biggest of actionable ... Marketing, Production Jobs; Training, Automation, LOS Products; Company Specific Industry Snapshots MBS Day Ahead: Bond Weakness At a Tipping Point, Waiting on Election Latest Video Political betting market PredictIt shows a closer race between Trump and Biden September factory orders rise 1.1 percent, slightly better than forecasts Refinitiv: U.S.-China trade will be a bipartisan issue, no matter who wins the White House More News from 'Around the Web' Calculated Risk Blog - 4:08PM Early Q4 GDP Forecasts Calculated Risk Blog - 12:46PM Update: Framing Lumber Prices Up 23% Year-over-year CNBC - 9:14AM Goldman Sachs drops the euro from its list of currencies expected to surge against the dollar Calculated Risk Blog - 8:04AM MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.83%" Today's Rates Best Execution Rate Change 30 Yr FRM 3.02% +0.03 15 Yr FRM 2.58% +0.03 FHA 30 Year Fixed 2.45% +0.03 Jumbo 30 Year Fixed 3.40% +0.04 5/1 Yr ARM 2.73% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 0.30 +0.01 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR UMBS 3.0 104.45 -0.05 30YR UMBS 3.5 105.56 -0.02 30YR GNMA 3.0 104.17 +0.08 30YR GNMA 3.5 104.22 -0.03 15YR UMBS 3.0 104.67 +0.02 15YR UMBS 2.5 103.88 +0.09 Treasuries Yield Change 2 YR 0.1702% +0.0118 5 YR 0.3940% +0.0143 10 YR 0.8959% +0.0441 30 YR 1.6758% +0.0533 Prices as of: 11/3/2020 5:05PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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