Daily Newsletter: Home Prices Still Soaring; Rates Closing Out 2020 at Record Lows

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30 Year Fixed 2.78%   -0.01 15 Year Fixed 2.31%   -0.01 10YR Treasury 0.94%   +0.0133 View Today's Rates

Tuesday December 29, 2020 Mortgage Rate Watch - 3:50PM Mortgage Rates Closing Out The Year at Record Lows For all practical purposes, the year is over when it comes to mortgage rate volatility. True, there is some small chance that political developments conspire to push rates just a bit ... MND NewsWire - 10:00AM Home Price Gains Continued Through October, Fastest Rate in 6 Years The headline for the October S&P CoreLogic Case-Shiller home price report is yet another month of escalating gains. The National Home Price Index which covers all nine U.S. census ... MBS Commentary - 3:52PM MBS RECAP: Bonds on Cruise Control Unless Senate Approves Stimulus Upgrade Bonds on Cruise Control Unless Senate Approves Stimulus Upgrade Barring an unexpected vote (and passage) of the $2k stimulus upgrade, bonds are on cruise control heading into the end ... Recruiter Job; HELOC, Compensation, TPO Products; New York Did What? Agency News; URLA Best Practices MBS Day Ahead: Upsized Stimulus Still a Risk For Bonds Latest Video Senate GOP rejects push for $2,000 stimulus checks as part of Covid-19 relief The 9 a.m. Bond Report: December 29, 2020 House passes bill for $2,000 stimulus checks, putting GOP senators in a tough position More News from 'Around the Web' Calculated Risk Blog - 3:18PM Zillow Case-Shiller House Price Forecast: "Nothing Short of Remarkable", 9.5% YoY in November CNBC - 12:59PM Senate Republicans face pressure to vote on $2,000 stimulus checks after House passes bill CNBC - 12:03PM If stimulus checks are raised to $2,000, here's how that would work Calculated Risk Blog - 12:03PM Question #8 for 2021: What will happen with house prices in 2021? CNBC - 10:14AM Department of Labor says there will not be a lapse in unemployment benefits for gig workers, long-term unemployed eyeonhousing.org - 8:47AM Top Posts of 2020: Time to Build a Single-Family Home in 2019 CNBC - 8:04AM U.S. Treasury yields move higher ahead of Senate vote on Covid relief Today's Rates Best Execution Rate Change 30 Yr FRM 2.78% -0.01 15 Yr FRM 2.31% -0.01 FHA 30 Year Fixed 2.25% +0.00 Jumbo 30 Year Fixed 3.11% +0.00 5/1 Yr ARM 2.31% +0.00 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 2.85% 0.33 -0.05 15 Yr. Fixed 2.49% 0.29 -0.02 30 Yr. Jumbo 3.12% 0.33 -0.08 30 Yr. FHA 2.96% 0.42 -0.01 5/1 ARM 2.58% 0.36 -0.02 Freddie Mac ** 30 Yr. Fixed 2.66% 0.70 -0.01 15 Yr. Fixed 2.19% 0.50 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.79% 0.20 +0.00 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 2.0 103.64 +0.03 30YR UMBS 2.5 105.23 +0.08 30YR GNMA 2.0 104.28 +0.02 30YR GNMA 2.5 105.20 -0.05 15YR UMBS 2.0 104.38 +0.03 15YR UMBS 2.5 104.23 +0.03 Treasuries Yield Change 2 YR 0.1289% +0.0059 5 YR 0.3782% +0.0208 10 YR 0.9364% +0.0133 30 YR 1.6770% +0.0181 Prices as of: 12/29/2020 4:24PM 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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