Daily Newsletter: Consumers Gloomiest in a Decade, But Still A Great Time to Sell; Rates Move Higher

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30 Year Fixed 3.25%   +0.03 15 Year Fixed 2.60%   +0.03 10YR Treasury 1.48%   +0.0443 View Today's Rates

Tuesday December 7, 2021 MND NewsWire - 4:50PM Consumers Gloomiest in a Decade, But Still A Great Time to Sell The chief finding from Fannie Mae's November National Housing Survey (NHS) was an increase in consumer pessimism. The company says respondents to the right track/wrong track question ... MND NewsWire - 4:46PM Lower Appreciation Not Yet Reflected in Annual Gains While it is clear that the growth of home prices has started to slow, reports on the results of the deceleration are diverging . Earlier this week Black Knight reported its Home Price ... Mortgage Rate Watch - 3:39PM Mortgage Rates Move Higher Again Mortgage rates moved higher again today thus keeping them well within the sideways range that's been in place for the past 2 months. Omicron-related news continues having an impact ... Sales Training, VOA, Talent Acquisition, Marketing Tools; CFPB Trends: Competing on Compliance? MBS Morning: Stocks and Yields Keep Rising as Omicron Fear Continues to Moderate Latest Video Better.com CEO fires more than 900 employees on Zoom call Long-term interest rates are stuck, we're in a global debt trap: Morgan Stanley's Sharma The 9am Bond Report - December 7, 2021 More News from 'Around the Web' Calculated Risk Blog - 3:32PM Leading Index for Commercial Real Estate "Declines in November"; Up Sharply Year-over-year Reuters - 12:49PM Amazon services down for thousands of users - Downdetector.com CFPB - 12:41PM CFPB Issues Final Rule to Facilitate Transition from LIBOR Calculated Risk Blog - 11:34AM 1st Look at Local Housing Markets in November Fannie Mae - 11:01AM Economic Pessimism Hits 10-Year High, but Consumer Sentiment Toward Housing Remains Flat CNBC - 10:26AM Wells Fargo sees borrower defaults starting to rise from low levels reached during pandemic Calculated Risk Blog - 8:51AM Trade Deficit Decreased to $67.1 Billion in October Calculated Risk Blog - 8:51AM CoreLogic: House Prices up 18% YoY in October CNBC - 8:03AM Treasury yields inch higher as omicron variant fears ease Today's Rates Best Execution Rate Change 30 Yr FRM 3.25% +0.03 15 Yr FRM 2.60% +0.03 FHA 30 Year Fixed 2.90% +0.02 Jumbo 30 Year Fixed 3.15% +0.02 5/1 Yr ARM 3.48% +0.35 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 3.11% 0.60 +0.01 15 Yr. Fixed 2.39% 0.60 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.49% 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 99.70 -0.17 30YR UMBS 2.5 102.19 -0.16 30YR GNMA 2.0 100.89 -0.17 30YR GNMA 2.5 102.19 -0.13 15YR UMBS 2.0 102.39 0.00 15YR UMBS 2.5 103.61 -0.02 Treasuries Yield Change 2 YR 0.6912% +0.0600 5 YR 1.2548% +0.0502 10 YR 1.4768% +0.0443 30 YR 1.8045% +0.0348 Prices as of: 12/7/2021 4:51PM 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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