Daily Newsletter: Foreclosure Prevention is Working; Time To Think About Mortgage Rate Complacency (Before It's Too Late)

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30 Year Fixed 2.79%   -0.01 15 Year Fixed 2.35%   -0.02 10YR Treasury 0.90%   -0.0099 View Today's Rates

Friday December 11, 2020 Mortgage Rate Watch - 5:58PM Time To Think About Mortgage Rate Complacency (Before It's Too Late) After months of waiting and multiple successive reports of all-time lows from other sources, the average lender is now finally back in line with the actual all-time lows seen on August ... MND NewsWire - 11:33AM 80% Annual Decline in Foreclosures Show Prevention Measures are Working The various types of foreclosure filings - default notices, scheduled auctions, and actual lender repossessions - declined in November. RealtyTrac, a subsidiary of ATTOM Data Solutions ... MBS Commentary - 10:26AM MBS Day Ahead: Risks Are Beginning to Mount Against Mortgage Rate Paradise The past few months have seen several troubling, but not unexpected developments for the long-term rate outlook. While they're not the type of threats that will make for drastic overnight ... MBS RECAP: Bonds Are Getting Ready to Move, Probably Home Equity Grew $1T This Year, Breaking Six-Year Records Latest Video Real market response to Covid closures could come in January, strategist says Consumer sentiment index comes in at 81.4, the best read since October The 9 a.m. Bond Report: December 11, 2020 More News from 'Around the Web' CNBC - 1:48PM Senate passes one-week government funding extension, sends it to Trump Calculated Risk Blog - 1:48PM Houston Real Estate in November: Sales Up 28% YoY, Inventory Down 27% YoY CNBC - 1:48PM Household net worth hits new record of $123.5 trillion amid stock market surge Calculated Risk Blog - 10:01AM Mortgage Equity Withdrawal Increased in Q3 Calculated Risk Blog - 9:39AM Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased Slightly, New Starts Increased Bloomberg - 8:53AM No-Deal Brexit More Likely After Dinner Fails, Officials Say CNBC - 8:22AM Covid live updates: FDA says will soon authorize Pfizer's vaccine as U.S. crisis trends in the wrong direction CNBC - 8:08AM Treasury yields fall as Congress remains deadlocked on stimulus Today's Rates Best Execution Rate Change 30 Yr FRM 2.79% -0.01 15 Yr FRM 2.35% -0.02 FHA 30 Year Fixed 2.30% -0.02 Jumbo 30 Year Fixed 3.13% -0.04 5/1 Yr ARM 2.47% +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 2.99% 0.37 +0.01 15 Yr. Fixed 2.59% 0.35 +0.04 30 Yr. Jumbo 3.11% 0.28 -0.02 30 Yr. FHA 3.11% 0.37 +0.03 5/1 ARM 2.84% 0.53 +0.05 Freddie Mac ** 30 Yr. Fixed 2.71% 0.70 +0.00 15 Yr. Fixed 2.26% 0.60 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.79% 0.30 -0.07 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 2.0 103.58 +0.03 30YR UMBS 2.5 104.83 +0.06 30YR GNMA 2.0 104.00 -0.06 30YR GNMA 2.5 104.50 -0.03 15YR UMBS 2.0 104.33 +0.03 15YR UMBS 2.5 104.19 +0.06 Treasuries Yield Change 2 YR 0.1210% -0.0179 5 YR 0.3639% -0.0206 10 YR 0.8964% -0.0099 30 YR 1.6276% +0.0000 Prices as of: 12/11/2020 5:06PM 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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