Daily Newsletter: Crazy Day For Rates, But The Truly Scary Stuff is For Another Day And Another Reason

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30 Year Fixed 2.85%   +0.07 15 Year Fixed 2.38%   +0.06 10YR Treasury 1.04%   +0.0840 View Today's Rates

Wednesday January 6, 2021 Mortgage Rate Watch - 5:33PM Rates Rising Quickly, But The Truly Scary Stuff is For Another Day And Another Reason Mortgage rates went to bed last night knowing they were at risk of a volatile day today. Georgia's senate race has been in focus for 2 months now because it had the chance to change ... MBS Commentary - 4:49PM MBS RECAP: Crazy Day For Bonds. Is The Worst Over? Crazy Day For Bonds. Is The Worst Over? For 2 straight months, and especially over the past few weeks, we've been calling out the Georgia senate election as the biggest ticket market ... MND NewsWire - 9:49AM Mortgage Application Volume Fell Sharply at the End of 2020 The Mortgage Bankers Association (MBA) resumed reporting on mortgage applications today after a two-week holiday hiatus. Information on mortgage volume during the week ended December ... Correspondent, MLO Jobs; Staffing, Compliance, MI Products; Agency Forbearance Uncertainty MBS Day Ahead: Bonds Reeling on GA Election Results. Game Over? Latest Video Fed: Economic activity remains well below levels at start of year Georgia's special Senate runoff races are nearly too close to call — Here's who's winning Home buyers step back as prices rise More News from 'Around the Web' Calculated Risk Blog - 3:13PM FOMC Minutes: "Uncertainty surrounding the economic outlook" CNBC - 3:05PM Buildings in U.S. Capitol complex evacuated amid pro-Trump protests Federal Reserve - 2:04PM Minutes From Dec 16th Fed Meeting CNBC - 2:04PM Federal Reserve releases minutes from December meeting Calculated Risk Blog - 10:22AM December Vehicles Sales increased to 16.27 Million SAAR; Annual Sales off 14.7% Calculated Risk Blog - 9:42AM Las Vegas Real Estate in December: Sales up 27% YoY, Inventory down 38% YoY CNBC - 8:19AM Private payrolls post first drop since April as coronavirus spread hits job growth, ADP says CNBC - 8:03AM 10-year Treasury yield holds above 1% as traders watch Georgia runoff results Today's Rates Best Execution Rate Change 30 Yr FRM 2.85% +0.07 15 Yr FRM 2.38% +0.06 FHA 30 Year Fixed 2.25% +0.00 Jumbo 30 Year Fixed 3.25% +0.13 5/1 Yr ARM 2.38% +0.04 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 2.0 103.45 -0.25 30YR UMBS 2.5 105.20 -0.22 30YR GNMA 2.0 104.09 -0.22 30YR GNMA 2.5 105.33 -0.19 15YR UMBS 2.0 104.44 -0.05 15YR UMBS 2.5 104.48 +0.09 Treasuries Yield Change 2 YR 0.1388% +0.0158 5 YR 0.4274% +0.0508 10 YR 1.0389% +0.0840 30 YR 1.8120% +0.1080 Prices as of: 1/6/2021 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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