Daily Newsletter: FHFA Suspends Second Home, Investment Loan Limitations; Purchases Spring Back; Foreclosures Lowest in 20+ Years

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30 Year Fixed 2.93%   +0.00 15 Year Fixed 2.38%   +0.01 10YR Treasury 1.30%   +0.0203 View Today's Rates

Wednesday September 15, 2021 MND NewsWire - 10:19AM FHFA Suspends Second Home, Investment Loan Limits The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury announced late Tuesday that they were suspending some of the provisions that had been added to the ... MND NewsWire - 10:17AM Purchase Applications Spring Back to April Level The traditional end of summer was accompanied by a tiny boost in the volume of mortgage applications. The Mortgage Bankers Association said its seasonally adjusted Market Composite ... MND NewsWire - 10:51AM Foreclosure Rate Lowest in Over Two Decades Today there are 400,000 homeowners in their final month of forbearance and another 1.2 million still in the program as it winds down, thus, it is probably way too early to conclude ... MBS Commentary - 4:08PM MBS RECAP: Sideways Vibes Won't Give Up Just Yet Sideways Vibes Won't Give Up Just Yet Bonds made a move yesterday with yields breaking below the lower boundary of the prevailing consolidation range. This type of breakout is a positive ... Mortgage Rates Start Stronger But Moved Higher During The Day AE, MLO Jobs; Jumbo, Non-QM, Retention, LOS Products; FHFA's Welcomed Policy Pause on Restrictions MBS Day Ahead: Bonds Trying to Confirm Range Breakout Latest Video The 3pm Bond Report - September 15, 2021 Anthony Scaramucci talks about the SALT conference and the future of cryptocurrencies The 9am Bond Report - September 15, 2021 More News from 'Around the Web' The Basis Point - 1:56PM Three-quarters of homebuyers faced bidding wars in April. Now it's about half. Here are cities with most & least bidding wars, and tips for winning. Calculated Risk Blog - 11:35AM Another 5 Local Housing Markets in August Calculated Risk Blog - 9:34AM Industrial Production Increased 0.4 Percent in August www.blackknightinc.com - 9:00AM Black Knight Introduces LoanCatcher, an All-in-One, Cloud-Based Loan Origination System Designed Specifically for Mortgage Broke... CNBC - 9:00AM Here's how inflation is hitting the online prices of everything from apparel to furniture CNBC - 8:05AM U.S. Treasury yields dip following cooler-than-expected inflation reading Today's Rates Best Execution Rate Change 30 Yr FRM 2.93% +0.00 15 Yr FRM 2.38% +0.01 FHA 30 Year Fixed 2.57% +0.00 Jumbo 30 Year Fixed 3.05% +0.00 5/1 Yr ARM 2.58% -0.02 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 2.88% 0.70 +0.01 15 Yr. Fixed 2.19% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.42% 0.30 -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 2.0 101.28 -0.09 30YR UMBS 2.5 103.80 -0.13 30YR GNMA 2.0 102.05 -0.02 30YR GNMA 2.5 103.30 -0.08 15YR UMBS 2.0 103.53 -0.06 15YR UMBS 2.5 104.63 -0.05 Treasuries Yield Change 2 YR 0.2131% +0.0041 5 YR 0.7983% +0.0129 10 YR 1.3039% +0.0203 30 YR 1.8646% +0.0061 Prices as of: 9/15/2021 4:47PM 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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