Daily Newsletter: Mortgage Rates Find Some Support After an Scary Start; Mortgage Availability Recovering

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30 Year Fixed 2.93%   +0.05 15 Year Fixed 2.41%   +0.01 10YR Treasury 1.13%   -0.0152 View Today's Rates

Tuesday January 12, 2021 Mortgage Rate Watch - 4:22PM Mortgage Rates Find Some Support After an Ugly Start Mortgage rates were off to a very bad start this morning, but recovered a portion of what they lost by the end of the day. The specifics depend greatly on the lender in question. Sadly ... MND NewsWire - 10:42AM Although Gradually Improving, Delinquencies Remain Elevated The rate of mortgage delinquencies remains significantly elevated from last year, but there is gradual improvement . The national rate moved higher in October on an annual basis per ... MND NewsWire - 4:41PM Tentative Recovery in Mortgage Availability With Help From Government and Jumbo Loans While it did dip a bit last month, the availability of mortgage credit appears to be stabilizing , having moved only slightly over the last three months. The Mortgage Bankers Association ... MBS Commentary - 4:16PM MBS RECAP: Much-Anticipated Correction Finally Arrives. Now What? Much-Anticipated Correction Finally Arrives. Now What? This morning's alert noted a scary scenario playing out in bonds due to a confluence of big picture negative motivations (power ... MBS Day Ahead: Scary Scenario Playing Out in Bonds Sales, MLO Jobs; Home Ownership, Non-QM, PPE, Sales Tools; Conventional Conforming Updates Latest Video Housing could be at risk if interest rates go higher: Sri-Kumar The Bond Report - 9am - January 12, 2021 Here's what traders are saying about the 10-year yield jumping to highest level since March More News from 'Around the Web' Reuters - 3:27PM Fed's Rosengren says U.S. economy could see robust recovery in second half of 2021 Reuters - 3:26PM Fed's Mester says it's 'premature' to change monetary policy stance Reuters - 3:26PM Fed's George: "too soon to speculate about the timing of any change" Calculated Risk Blog - 2:51PM Denver Real Estate in December: Sales Up 5% YoY, Active Inventory Down 50% CNBC - 1:23PM Fed's Esther George cautions that inflation could rise faster than expected www.realtor.com - 12:58PM Good Riddance to Open Floor Plans and Cabinets Galore: Top Kitchen Trends of 2021 CNBC - 12:12PM Hospitality industry sees drop in job openings and surge in separations as shutdowns take hold eyeonhousing.org - 12:12PM Open Job Rate in Construction Steady eyeonhousing.org - 10:31AM Credit Card Debt Continues to Decrease in November Calculated Risk Blog - 10:31AM BLS: Job Openings "Little Changed" at 6.5 Million in November CNBC - 9:35AM Hiring for these jobs is on the rise in 2021, according to LinkedIn Calculated Risk Blog - 8:53AM Small Business Optimism Decreased in December Today's Rates Best Execution Rate Change 30 Yr FRM 2.93% +0.05 15 Yr FRM 2.41% +0.01 FHA 30 Year Fixed 2.38% +0.10 Jumbo 30 Year Fixed 3.38% +0.10 5/1 Yr ARM 2.38% +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 2.65% 0.70 -0.01 15 Yr. Fixed 2.16% 0.60 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.75% 0.30 -0.04 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 2.0 102.77 +0.03 30YR UMBS 2.5 104.92 +0.11 30YR GNMA 2.0 103.30 -0.25 30YR GNMA 2.5 104.52 -0.36 15YR UMBS 2.0 104.08 -0.05 15YR UMBS 2.5 104.72 +0.33 Treasuries Yield Change 2 YR 0.1469% -0.0020 5 YR 0.4978% -0.0080 10 YR 1.1291% -0.0152 30 YR 1.8733% -0.0092 Prices as of: 1/12/2021 4:45PM 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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