Daily Newsletter: Market Focus and Rates Shift Abruptly After Vaccine News

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30 Year Fixed 2.97%   +0.08 15 Year Fixed 2.45%   +0.06 10YR Treasury 0.93%   +0.1137 FNMA 30YR 3.5 105.36   -0.11 FNMA 15YR 2.5 104.69   0.00 View Today's Rates

Monday November 9, 2020 Mortgage Rate Watch - 3:28PM Mortgage Rates Jump After Pfizer News Last week ultimately ended up being great for mortgage rates , but only after a somewhat abrupt increase heading into the election. On Tuesday, the average lender raised rates at the ... MBS Commentary - 3:24PM MBS RECAP: Bonds Reeling. Was That Enough Weakness to Find Some Support? Bonds Reeling. Was That Enough Weakness to Find Some Support? Pfizer's vaccine trial update rocked markets this morning, making for the biggest hour of overnight trading volume (and ... Pipeline Press - 10:11AM Correspondent, Ops Jobs; Recruiting, Non-QM, Sales, Servicing Tools; Credit and Income Shifts; Vaccine News Pushing Rates First Sean Connery, and now Alex Trebek! Their time together on Jeopardy is legendary. (“Please refrain from using ethnic slurs!”) The last time I checked, “ethnic” ... MBS Commentary - 9:54AM MBS Day Ahead: Market Focus Abruptly Shifts on Vaccine News Last week was obviously all about the election. By Friday, our recap said "forget the election" and focused on speculation that the Fed would soon be pressured to shift gears in its ... Forbearances at Their Lowest Level Since April, But There's a Catch MBS RECAP: Forget The Election, Here's a Huge New Possibility To Consider Latest Video Why this trader is a seller on the U.S. 10-year as yields rise Housing stocks see split reaction on vaccine news Dow and S&P 500 hit record highs at open on positive coronavirus vaccine news More News from 'Around the Web' www.realtor.com - 3:24PM What a Biden Administration Will Mean for Housing-Finance Reform news.google.com - 3:24PM Vaccine news unleashes new momentum in stock market as hunkered-down investors flee cash - CNBC Calculated Risk Blog - 3:24PM Leading Index for Commercial Real Estate Decreased in October news.google.com - 12:20PM E-brokers report outages as Dow jumps 1,000 points in vaccine rally CNBC - 11:46AM Housing stocks see split reaction on coronavirus vaccine news, as mortgage rates jump CNBC - 10:48AM 'V-shaped' recovery on track amid vaccine hopes and Biden win, says Goldman Sachs eyeonhousing.org - 8:58AM Highest Paid Occupations in Construction in 2019 CNBC - 8:25AM Retail sector rallies 8% in a week. Four stocks to watch ahead of the holidays CNBC - 8:12AM 'Suddenly we have hope' — Cramer says the big stock pop on the positive vaccine data is justifiable CNBC - 8:06AM Pfizer, BioNTech say late-stage trial data shows Covid vaccine is more than 90% effective in preventing infection Calculated Risk Blog - 8:05AM GDP and Employment drag from State and Local Governments Today's Rates Best Execution Rate Change 30 Yr FRM 2.97% +0.08 15 Yr FRM 2.45% +0.06 FHA 30 Year Fixed 2.42% +0.02 Jumbo 30 Year Fixed 2.37% -0.05 5/1 Yr ARM 2.85% +0.13 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 2.78% 0.70 -0.03 15 Yr. Fixed 2.32% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.89% 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 3.0 104.22 -0.16 30YR UMBS 3.5 105.36 -0.11 30YR GNMA 3.0 103.86 -0.33 30YR GNMA 3.5 103.86 -0.14 15YR UMBS 3.0 104.69 0.00 15YR UMBS 2.5 103.91 -0.06 Treasuries Yield Change 2 YR 0.1786% +0.0239 5 YR 0.4344% +0.0734 10 YR 0.9338% +0.1137 30 YR 1.7230% +0.1223 Prices as of: 11/9/2020 3:55PM 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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