Daily Newsletter: New Loan Limit = $647,200; Rates Lower This Week

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30 Year Fixed 3.14%   -0.07 15 Year Fixed 2.52%   -0.08 10YR Treasury 1.45%   -0.0561 View Today's Rates

Tuesday November 30, 2021 MND NewsWire - 12:52PM 2022 Conforming Limits Rise 18 Percent to $647,200 The new conforming loans limits for mortgages that can be acquired by Fannie Mae and Freddie Mac were announced this morning by the Federal Housing Finance Agency (FHFA). As expected ... MND NewsWire - 11:29AM Case-Shiller Calls "Deceleration" its September Keyword The old adage about waiting for the kettle to boil could be applied to the widely predicted deceleration of home price appreciation. It seems to be happening, but it isn't fast. The ... Mortgage Rate Watch - 3:50PM Mortgage Rates Much Lower So Far This Week Mortgage rates ended the previous week with a hopeful outlook due to the omicron variant. In general, rates benefit from news and events that cause investors to seek protection from ... MND NewsWire - 12:55PM Mortgage Profits Rebound from Q2 Slide While the profits were nowhere near 2020 levels, independent mortgage banks and mortgage subsidiaries of chartered banks reported their third quarter 2021 gains did improve on those ... ECOA, Coaching, Title, Verification Tools; Events This Week; Rates Driven by COVID Variant News MBS Morning: Another Omicron Rally; New Loan Limits TODAY Latest Video It's a 'fool's journey' to try to time the market, says Ray Dalio The 9am Bond Report - November 30, 2021 There's nothing new in Powell's testimony, says, fmr. Dallas Fed President Richard Fisher More News from 'Around the Web' Reuters - 2:00PM Powell puts faster bond-buying taper on Fed's Christmas table FHFA - 12:31PM FHFA Announces Conforming Loan Limits for 2022 ($647,200) CNBC - 10:14AM Watch Yellen and Powell testify live before Senate Covid panel Reuters - 9:43AM Moderna CEO warns COVID-19 shots less effective against Omicron, spooks markets CNBC - 9:42AM Here's why unemployment claims hit their lowest level since 1969 Reuters - 8:58AM Powell, Yellen head to Congress as inflation, variant risks rise CNBC - 8:09AM Treasury yields slump on fresh omicron Covid variant fears CNBC - 8:09AM Euro zone inflation rate hits a record 4.9% for November Today's Rates Best Execution Rate Change 30 Yr FRM 3.14% -0.07 15 Yr FRM 2.52% -0.08 FHA 30 Year Fixed 2.75% -0.10 Jumbo 30 Year Fixed 3.05% -0.08 5/1 Yr ARM 2.92% -0.41 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 3.10% 0.70 +0.00 15 Yr. Fixed 2.42% 0.70 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.47% 0.30 -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 99.97 -0.08 30YR UMBS 2.5 102.42 -0.14 30YR GNMA 2.0 101.20 -0.06 30YR GNMA 2.5 102.34 -0.20 15YR UMBS 2.0 102.44 -0.03 15YR UMBS 2.5 103.56 +0.08 Treasuries Yield Change 2 YR 0.5611% +0.0650 5 YR 1.1628% +0.0047 10 YR 1.4460% -0.0561 30 YR 1.7945% -0.0614 Prices as of: 11/30/2021 4:21PM 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 Move Swiftly Lower Due to New Covid Variant; Delinquencies Remain Elevated

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30 Year Fixed 3.24%   -0.05 15 Year Fixed 2.62%   -0.05 10YR Treasury 1.48%   -0.1637 View Today's Rates

Friday November 26, 2021 Mortgage Rate Watch - 2:51PM Rates Move Swiftly Lower Due to New Covid Variant Just when it looked like the current week would fizzle out on a negative note for rates, our least favorite market mover is back in the news. B.1.1.529 (designated now as "Omicron" ... MBS Commentary - 11:34AM MBS Morning: B.1.1.529 Day Remember July? Covid was a fading memory and the light was clearly visible at the end of the pandemic tunnel. Then came Delta. It served as a painful lesson about the potential impact ... MND NewsWire - 10:40AM Delinquencies Still Double Pre-Pandemic Rate Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.7 percent in October compared to a 17.4 percent gain in September. The portfolio ... Jumbo, Non-QM, ARM News; Rates (and Stocks) Plummet in Thinly-Traded Market on Covid Variant News New Home Sales Rose in October. Sort of. Latest Video The Week That Was: Fears of a new Covid variant trigger a sell-off New Covid strain named Omicron, is 'variant of concern' Jefferies' David Zervos says the next couple of weeks will be messy for markets More News from 'Around the Web' CNBC - 1:38PM Covid developments to rule the market once again in the week ahead after Friday's rout Calculated Risk Blog - 11:49AM Four House Price Topics Reuters - 9:40AM Dow set for 2% fall on fears over new virus variant CNBC - 9:40AM Treasury yields sink amid concerns around a new Covid variant Reuters - 9:25AM More Fed officials open to speeding up bond-buying taper, rates liftoff Today's Rates Best Execution Rate Change 30 Yr FRM 3.24% -0.05 15 Yr FRM 2.62% -0.05 FHA 30 Year Fixed 2.85% -0.15 Jumbo 30 Year Fixed 3.15% -0.05 5/1 Yr ARM 3.25% -0.12 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 3.10% 0.70 +0.00 15 Yr. Fixed 2.42% 0.70 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.47% 0.30 -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 99.92 +0.84 30YR UMBS 2.5 102.50 +0.77 30YR GNMA 2.0 101.13 +0.91 30YR GNMA 2.5 102.41 +0.70 15YR UMBS 2.0 102.33 +0.44 15YR UMBS 2.5 103.53 +0.23 Treasuries Yield Change 2 YR 0.5078% -0.1359 5 YR 1.1693% -0.1763 10 YR 1.4791% -0.1637 30 YR 1.8274% -0.1404 Prices as of: 11/26/2021 2:30PM 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: Strong Auction No Match For Bond Bears; Highest Rates Since April

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30 Year Fixed 3.28%   +0.04 15 Year Fixed 2.65%   +0.03 10YR Treasury 1.67%   +0.0381 View Today's Rates

Tuesday November 23, 2021 MBS Commentary - 4:41PM MBS RECAP: Strong Auction No Match For Bond Bears Strong Auction No Match For Bond Bears Today's 7yr auction was the biggest potential source of volatility for the bond market. After it came out with relatively strong stats, we were ... Mortgage Rate Watch - 4:46PM Highest Mortgage Rates Since April Mortgage rates continued higher today as the bond market remained in a defensive stance for a variety of reasons. The week's scheduled Treasury auctions were among those reasons, but ... MBS Commentary - 10:46AM MBS Morning: Bond Yields Trying to Find a Ceiling; Europe Not Helping As of last Friday, the bond market looked keen on rejecting any attempt to revisit the recent ceiling in late October (10yr yields were just over 1.70%). Now this week, we're seeing ... Tech, Sales, Subservicing Tools; Fee and Processing Changes Around the Industry; Fed Chair Powell Confirmed Existing Home Sales Rise Slightly but Inventory Tightens Again Latest Video November Markit manufacturing PMI comes in at 59.1 vs. 59 estimate The 9am Bond Report - November 23, 2021 Here are the major policy decisions facing Fed Chair Jerome Powell More News from 'Around the Web' Calculated Risk Blog - 1:02PM Final Look: Local Housing Markets in October CNBC - 1:02PM After hard times for renters, cities and states pass dozens of new protections Calculated Risk Blog - 9:45AM Update: The Coming Deceleration in House Price Growth CNBC - 9:44AM 3 reasons workers will be flush with job opportunities in 2022 NY Fed - 9:02AM Credit Demand Recovers, Returning to Pre-Pandemic Levels CNBC - 8:05AM Treasury yields rise as investors digest Powell renomination CNBC - 8:05AM European markets retreat as investors monitor data, Powell nomination, Covid surge Today's Rates Best Execution Rate Change 30 Yr FRM 3.28% +0.04 15 Yr FRM 2.65% +0.03 FHA 30 Year Fixed 2.88% +0.03 Jumbo 30 Year Fixed 3.18% +0.03 5/1 Yr ARM 3.62% +0.25 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 3.10% 0.70 +0.01 15 Yr. Fixed 2.39% 0.60 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.49% 0.30 -0.05 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 99.17 -0.20 30YR UMBS 2.5 101.83 -0.19 30YR GNMA 2.0 100.47 -0.22 30YR GNMA 2.5 101.80 -0.25 15YR UMBS 2.0 101.94 -0.06 15YR UMBS 2.5 103.27 -0.09 Treasuries Yield Change 2 YR 0.6181% +0.0257 5 YR 1.3424% +0.0190 10 YR 1.6703% +0.0381 30 YR 2.0265% +0.0531 Prices as of: 11/23/2021 4:58PM 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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