Daily Newsletter: "Seesawing" Pending Sales May Signal Market Turning Point; Rates Staying Near Lows

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30 Year Fixed 2.86%   -0.01 15 Year Fixed 2.27%   -0.01 10YR Treasury 1.27%   +0.0332 View Today's Rates

Thursday July 29, 2021 MND NewsWire - 11:24AM "Seesawing" Pending Sales May Signal Market Turning Point Pending home sales fell back slightly in June after a notable and unexpected 8.0 percent gain in May. The National Association of Realtors® (NAR) said its Pending Home Sales Index ... Mortgage Rate Watch - 2:50PM Mortgage Rates Near Long-Term Despite Taper Talk "Taper talk" refers to comments, speeches, or official policy communications from the Federal Reserve (aka "the Fed") that speak to the timing and nature of a reduction in the Fed's ... MND NewsWire - 11:27AM States Get Framework for Regulating Non-Bank Servicers The Board of Directors of the Conference of State Bank Supervisors (CSBS) has released model state regulatory prudential standards for nonbank mortgage servicers. CSBS is the national ... MBS Commentary - 10:47AM MBS Day Ahead: Cue The Data-Driven Grind (Eventually) With the Fed having confirmed their expected stance (closer to tapering, tolerant of short-term inflation, and plenty of pandemic-related uncertainty remaining), we move on to an inter ... AE, MLO Jobs; MBS Delivery, Processing, Data Breach Tools; Redwood Trust Earnings; GDP Results COVID Concerns Drive Rates Lower, Refi Volume Rises Latest Video The 9am Bond Report - July 29, 2021 Weekly initial jobless claims falls to 400,000 Fed signaled tapering is coming next, says Sarah Bloom Raskin More News from 'Around the Web' CNBC - 2:29PM The U.S. economy is bigger than it was pre-pandemic, but Covid could still decide what happens next www.nar.realtor - 1:52PM Tracking Housing Construction at the Local Level: June 2021 CNBC - 1:52PM White House calls on Congress to extend expiring eviction ban Calculated Risk Blog - 1:52PM Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019 CFPB - 11:43AM CFPB and FHFA Release Updated Data from the National Survey of Mortgage Originations for Public Use Reuters - 11:43AM As Fed tiptoes around tapering, investors look to Jackson Hole meeting for clarity Reuters - 11:42AM Biden asks Congress to extend COVID-19 eviction ban set to expire this week CNBC - 10:18AM Pending home sales drop in June — more evidence of a housing turnaround CNBC - 8:39AM U.S. Q2 GDP rises at 6.5% vs. 8.4% estimate Reuters - 8:33AM Fiscal stimulus, vaccines likely fueled U.S. economic growth in the second quarter CNBC - 8:04AM Treasury yields are flat as investors digest Fed meeting Today's Rates Best Execution Rate Change 30 Yr FRM 2.86% -0.01 15 Yr FRM 2.27% -0.01 FHA 30 Year Fixed 2.50% +0.00 Jumbo 30 Year Fixed 3.03% +0.00 5/1 Yr ARM 2.38% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 3.11% 0.43 +0.02 15 Yr. Fixed 2.46% 0.30 -0.02 30 Yr. Jumbo 3.13% 0.32 -0.03 30 Yr. FHA 3.08% 0.31 -0.07 5/1 ARM 2.74% 0.19 -0.28 Freddie Mac ** 30 Yr. Fixed 2.80% 0.70 +0.02 15 Yr. Fixed 2.10% 0.70 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.45% 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 2.0 101.86 -0.02 30YR UMBS 2.5 104.06 -0.02 30YR GNMA 2.0 102.28 -0.05 30YR GNMA 2.5 103.63 -0.05 15YR UMBS 2.0 103.69 -0.03 15YR UMBS 2.5 104.72 -0.06 Treasuries Yield Change 2 YR 0.2015% -0.0020 5 YR 0.7303% +0.0160 10 YR 1.2659% +0.0332 30 YR 1.9143% +0.0278 Prices as of: 7/29/2021 3:59PM 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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Daily Newsletter: Fed Hints At Tapering, But Bonds Don't Care; Refi Volume Increasing

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30 Year Fixed 2.87%   +0.01 15 Year Fixed 2.28%   -0.01 10YR Treasury 1.24%   -0.0167 View Today's Rates

Wednesday July 28, 2021 MBS Commentary - 4:34PM MBS RECAP: Fed Hints At Tapering, But Bonds Don't Care Fed Hints At Tapering, But Bonds Don't Care Why are rates lower despite the Fed announcement taking another step toward tapering? It's a trick question actually. True, the Fed did tweak ... MBS Commentary - 2:01PM Differences Between Previous and Current FOMC Statements The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability ... MND NewsWire - 11:07AM COVID Concerns Drive Rates Lower, Refi Volume Rises Refinancing continues to support mortgage application activity while purchase applications continued to weaken during the week ended July 23. The Mortgage Bankers Association (MBA) ... MBS Commentary - 11:06AM MBS Day Ahead: It's Not About What The Fed Actually Does Like 8 other Wednesdays each year, today brings a healthy dose of volatility risk from the Fed Announcement and press conference (note: this is one of the four that is NOT accompanied ... AE Jobs; Processing, Pricing, Retention, Sales Tools; Ginnie, FHA, VA Changes Homeownership Rates Fall Across the Board Latest Video Fed signaled tapering is coming next, says Sarah Bloom Raskin Little support for tapering MBS earlier than Treasurys: Fed Chair Powell Fed should have started tapering yesterday: BlackRock's Rieder More News from 'Around the Web' Reuters - 4:35PM S&P 500 ends little changed as Powell says Fed still a ways away from rate hikes Reuters - 4:35PM U.S. Senate to vote on infrastructure after bipartisan breakthrough CNBC - 4:35PM Pfizer's CEO says Covid vaccine effectiveness drops to 84% after six months Reuters - 2:21PM Fed says economy continues to 'strengthen,' cites progress on bond taper goals Calculated Risk Blog - 2:21PM Zillow Case-Shiller House Price Forecast: "Expected to decelerate", 16.2% YoY in June CNBC - 10:26AM A record profit margin reading shows companies are winning inflation battle Reuters - 10:26AM U.S. goods trade deficit widens; inventories rise CFPB - 9:38AM CFPB Releases Online Tool to Help Renters and Landlords Access Federal Assistance CNBC - 8:07AM Treasury yields climb ahead of Fed policy decision Today's Rates Best Execution Rate Change 30 Yr FRM 2.87% +0.01 15 Yr FRM 2.28% -0.01 FHA 30 Year Fixed 2.50% +0.00 Jumbo 30 Year Fixed 3.03% -0.02 5/1 Yr ARM 2.40% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 3.11% 0.43 +0.02 15 Yr. Fixed 2.46% 0.30 -0.02 30 Yr. Jumbo 3.13% 0.32 -0.03 30 Yr. FHA 3.08% 0.31 -0.07 5/1 ARM 2.74% 0.19 -0.28 Freddie Mac ** 30 Yr. Fixed 2.78% 0.70 -0.10 15 Yr. Fixed 2.12% 0.70 -0.10 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.49% 0.40 +0.02 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 2.0 101.88 +0.08 30YR UMBS 2.5 104.08 +0.06 30YR GNMA 2.0 102.33 +0.13 30YR GNMA 2.5 103.67 +0.11 15YR UMBS 2.0 103.72 +0.02 15YR UMBS 2.5 104.78 0.00 Treasuries Yield Change 2 YR 0.2035% -0.0040 5 YR 0.7143% +0.0123 10 YR 1.2377% -0.0167 30 YR 1.8865% -0.0065 Prices as of: 7/28/2021 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: More Home Price Records; Ownership Declines; What'll The Fed Do To Rates?

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30 Year Fixed 2.86%   -0.01 15 Year Fixed 2.29%   -0.03 10YR Treasury 1.24%   -0.0419 View Today's Rates

Tuesday July 27, 2021 MND NewsWire - 1:01PM Homeownership Rates Fall Across the Board The U.S. Census Bureau says the nation's Homeownership Rate was at 65.4 percent in the second quarter of 2021. This is down from both the previous quarter's 65.6 percent , and a year ... MND NewsWire - 12:57PM Home Price Gains "Running out of Superlatives," Highest Appreciation on Record May set yet more records for price increases. Both the S&P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agencies (FHFA) purchase only House ... Mortgage Rate Watch - 4:04PM What Will The Fed Do To Mortgage Rates? Wednesday afternoon brings one of the year's 8 regularly scheduled policy updates from the Federal Reserve (aka, the Fed). While there's no question that Fed policies have significant ... MBS Commentary - 4:01PM MBS RECAP: Deceptively Interesting Trading Range Ahead of Fed Deceptively Interesting Trading Range Ahead of Fed After a move up from 1.25 to nearly 1.30% on Monday, 10yr yields dropped back below 1.25% almost immediately on Tuesday. Those looking ... MLO Jobs; Sec. Mktg., Retention, Workflow, Doctor, Automation Programs; Upcoming Events and Conferences MBS Day Ahead: Overseas Markets Help Bonds Take Strong Stance Latest Video Delta variant is big factor in forecasting the economy The 9am Bond Report - July 27, 2021 Fed to stay course despite surging inflation forecast: Survey More News from 'Around the Web' Calculated Risk Blog - 3:03PM HVS: Q2 2021 Homeownership and Vacancy Rates CNBC - 3:03PM CDC to reverse indoor mask policy, saying fully vaccinated people should wear them indoors in Covid hot spots CNBC - 2:52PM The Fed's concern about the spreading virus may keep it from tightening policy CNBC - 10:45AM Here's when the eviction ban, foreclosure moratorium and other Covid consumer protections expire Calculated Risk Blog - 9:42AM Case-Shiller: National House Price Index increased 16.6% year-over-year in May Reuters - 9:02AM China tech selling hits stocks, real yields fall before Fed CNBC - 9:02AM ECB's Holzmann says central bank's new policy guidance was a 'step too far' Today's Rates Best Execution Rate Change 30 Yr FRM 2.86% -0.01 15 Yr FRM 2.29% -0.03 FHA 30 Year Fixed 2.50% -0.05 Jumbo 30 Year Fixed 3.05% -0.03 5/1 Yr ARM 2.40% -0.02 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 3.11% 0.43 +0.02 15 Yr. Fixed 2.46% 0.30 -0.02 30 Yr. Jumbo 3.13% 0.32 -0.03 30 Yr. FHA 3.08% 0.31 -0.07 5/1 ARM 2.74% 0.19 -0.28 Freddie Mac ** 30 Yr. Fixed 2.78% 0.70 -0.10 15 Yr. Fixed 2.12% 0.70 -0.10 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.49% 0.40 +0.02 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 2.0 101.78 +0.22 30YR UMBS 2.5 104.00 +0.20 30YR GNMA 2.0 102.19 +0.19 30YR GNMA 2.5 103.56 +0.16 15YR UMBS 2.0 103.70 +0.09 15YR UMBS 2.5 104.78 +0.05 Treasuries Yield Change 2 YR 0.2055% +0.0094 5 YR 0.7020% -0.0242 10 YR 1.2444% -0.0419 30 YR 1.8956% -0.0514 Prices as of: 7/27/2021 5:02PM 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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