Daily Newsletter: Fewer Investors Buying Homes; Price Records Continue; Rates Drift Higher

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30 Year Fixed 2.91%   +0.00 15 Year Fixed 2.37%   -0.01 10YR Treasury 1.31%   +0.0269 View Today's Rates

Tuesday August 31, 2021 MND NewsWire - 11:09AM Investor Share of Home Purchases in Decline In a report released on Monday, CoreLogic recaps investor activity in the housing market over the last decade. Its Investor Homebuying Report highlights purchase trends nationally by ... MND NewsWire - 11:05AM Home Prices Continue Runaway Gains, More Double-Digit Growth in June Annual price gains remained at a double-digit pace in June. Both The S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI ... Mortgage Rate Watch - 4:56PM Mortgage Rates Drift Up From Recent Lows Mortgage rates were unchanged to slightly higher today, depending on the lender. The differences in pricing strategies stem from the timing of changes in the bond market. Mortgage lenders ... MBS Commentary - 4:21PM MBS RECAP: Weaker Data Offset by European Tapering Fears Weaker Data Offset by European Tapering Fears Bonds improved after weaker economic data this morning. Traders keyed in on internal components of the Chicago PMI report and concluded ... MBS Day Ahead: Data Matters, But So Does Europe MI, MLO Jobs; Fee Collection, MLO CE, Marketing, Sales, UW Tools ; FHA, USDA, Ginnie, VA Changes Latest Video Student housing hot this year Chicago PMI comes in at 66.8, lowest since June 2021 RMR Group CEO on office and industrial real estate More News from 'Around the Web' Reuters - 3:15PM U.S. consumer confidence falls to 6-month low; house prices post record gains CNBC - 3:15PM There are mounting risks that make September a potentially hazardous time for stocks Calculated Risk Blog - 11:08AM Reis: Office and Mall Vacancy Rates Increased in Q2 CNBC - 9:24AM Euro zone inflation hits 10-year high ahead of key central bank meeting Calculated Risk Blog - 9:23AM MBA Survey: "Share of Mortgage Loans in Forbearance Remains Unchanged at 3.25%" CNBC - 8:03AM European markets turn lower after data shows surprise surge in inflation CNBC - 8:03AM Treasury yields edge higher as jobs data remains in focus Today's Rates Best Execution Rate Change 30 Yr FRM 2.91% +0.00 15 Yr FRM 2.37% -0.01 FHA 30 Year Fixed 2.62% +0.00 Jumbo 30 Year Fixed 3.07% -0.01 5/1 Yr ARM 2.78% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 2.87% 0.60 +0.01 15 Yr. Fixed 2.17% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.42% 0.20 -0.01 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 2.0 101.33 -0.22 30YR UMBS 2.5 103.84 -0.11 30YR GNMA 2.0 102.02 -0.16 30YR GNMA 2.5 103.36 -0.09 15YR UMBS 2.0 103.47 -0.03 15YR UMBS 2.5 104.58 0.00 Treasuries Yield Change 2 YR 0.2113% +0.0080 5 YR 0.7755% +0.0080 10 YR 1.3071% +0.0269 30 YR 1.9276% +0.0326 Prices as of: 8/31/2021 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: GSEs Outline Hurricane Relief; Inventories Hampering Home Sales; Rates Fall Again

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30 Year Fixed 2.91%   -0.02 15 Year Fixed 2.38%   -0.01 10YR Treasury 1.28%   -0.0302 View Today's Rates

Monday August 30, 2021 MND NewsWire - 12:22PM GSEs Outline Available Hurricane Ida Relief Both Fannie Mae and Freddie Mac (the GSEs) have told their borrowers and mortgage servicers that they are offering immediate relief options to those affected by Hurricane Ida . The ... MND NewsWire - 10:53AM Inventories Continue to Constrain Home Purchase Activity While existing home sales have increased in the last two months after a four-month slump, those sales don't look especially bright as we head into the fall and winter doldrums. The ... Mortgage Rate Watch - 4:27PM Mortgage Rates Fall Back to 3 week Lows Mortgage rates drifted lower again today, with the average lender getting back down to the lowest levels since the first week of August. In a general sense, today's friendly rate momentum ... MBS Commentary - 11:31AM MBS Week Ahead: Focus Shifting Back to Econ Data--Especially Friday's NFP Last week's theme was simple: sell bonds until hearing what Fed Chair Powell had to say in his Jackson Hole speech, then buy bonds when Powell simply reiterated his previous stance ... Ops, MLO Jobs; Wholesale Products; Sales, CRM Products; Disaster Updates; Upcoming Training and Events Portfolio/PLS Loans Push Forbearance Totals Higher Latest Video Estimated $40 billion in damage from Hurricane Ida Markets think there will be a slower Fed taper timeline: El-Erian Fed will likely start tapering in September: Barry Knapp More News from 'Around the Web' Calculated Risk Blog - 3:02PM Reis: Apartment Vacancy Rate unchanged in Q2 at 5.3% CNBC - 1:32PM The national eviction ban is over. But renters still can't be forced out in these states Calculated Risk Blog - 11:52AM Housing Inventory August 30th Update: Inventory Unchanged Week-over-week, Up 41% from Low in early April Fannie Mae - 10:16AM Fannie Mae Reminds Homeowners and Mortgage Servicers of Assistance Options for Those Affected by Hurricane Ida CNBC - 10:05AM Homebuyers sign fewer contracts in July, as high prices chill the summer market Reuters - 9:09AM Housing affordability to worsen near-term, even as price rises cool off: Reuters poll CNBC - 8:04AM European markets head for higher open, reflecting buoyant global sentiment CNBC - 8:03AM Treasury yields tick lower as investors await key jobs report Today's Rates Best Execution Rate Change 30 Yr FRM 2.91% -0.02 15 Yr FRM 2.38% -0.01 FHA 30 Year Fixed 2.62% -0.03 Jumbo 30 Year Fixed 3.08% -0.02 5/1 Yr ARM 2.79% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 2.87% 0.60 +0.01 15 Yr. Fixed 2.17% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.42% 0.20 -0.01 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 2.0 101.55 +0.19 30YR UMBS 2.5 103.95 +0.13 30YR GNMA 2.0 102.17 +0.11 30YR GNMA 2.5 103.45 +0.08 15YR UMBS 2.0 103.50 +0.09 15YR UMBS 2.5 104.58 +0.03 Treasuries Yield Change 2 YR 0.2033% -0.0157 5 YR 0.7675% -0.0336 10 YR 1.2802% -0.0302 30 YR 1.8950% -0.0258 Prices as of: 8/30/2021 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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Daily Newsletter: Rates Higher This Week, But leveled Off Today; Not Out of Woods Yet

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30 Year Fixed 2.98%   +0.00 15 Year Fixed 2.41%   -0.01 10YR Treasury 1.34%   -0.0084 View Today's Rates

Thursday August 26, 2021 MBS Commentary - 3:43PM MBS RECAP: Bonds Leveling Off But Not Out of The Woods Bonds Leveling Off But Not Out of The Woods Bonds began the day with a test of the important technical ceiling at 1.37% in 10yr yields. With some help from geopolitical risk due to ... Mortgage Rate Watch - 2:36PM Mortgage Rates Higher This Week, But Stabilized Today Mortgage rates stabilized today after moving higher at a moderately quick pace over the past 2 days. To be sure, today's rates are definitely higher than those seen at the end of last ... MBS Commentary - 10:51AM MBS Day Ahead: Critical Battle For Support As Rates Risk Pivoting Higher Bonds are either on the doorstep of critical line in the sand, or they soon will be. These lines are drawn on the technical ceilings at 1.37% and 1.43% in 10yr yields. With highs of ... MND NewsWire - 2:32PM Testing Pandemic Housing Assumptions, Round One Early in the pandemic (Version I) there were a lot of theories advanced about its lasting effects on housing. Some of the theories were fanciful. These included (true story) that new ... MLO, AE Jobs; Advertising Regulation, PPE, Marketing, Broker Tools; Tech Funding; Purchase Study for MLO's Lower Rates Increase Government Loan Volumes Latest Video How the Fed may change policy amid market uncertainty Pentagon: A 'number' of U.S. service members killed in Kabul airport attack Hoping Fed will announce taper plan in September Today's Rates Best Execution Rate Change 30 Yr FRM 2.98% +0.00 15 Yr FRM 2.41% -0.01 FHA 30 Year Fixed 2.75% +0.00 Jumbo 30 Year Fixed 3.13% -0.02 5/1 Yr ARM 2.81% +0.06 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 2.87% 0.60 +0.01 15 Yr. Fixed 2.17% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.42% 0.20 -0.01 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 2.0 101.13 +0.03 30YR UMBS 2.5 103.61 0.00 30YR GNMA 2.0 101.84 +0.03 30YR GNMA 2.5 103.16 -0.02 15YR UMBS 2.0 103.27 -0.03 15YR UMBS 2.5 104.53 +0.22 Treasuries Yield Change 2 YR 0.2406% +0.0000 5 YR 0.8427% +0.0184 10 YR 1.3407% -0.0084 30 YR 1.9359% -0.0205 Prices as of: 8/26/2021 4:00PM 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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