Daily Newsletter: Investors' Impact on Homeownership; Purchase Demand Rises; How Low Can Mortgage Rates Go?

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30 Year Fixed 3.46%   -0.06 15 Year Fixed 3.19%   -0.04 10YR Treasury 1.47%   +0.0083 FNMA 30YR 3.5 102.86   +0.02 FNMA 15YR 2.5 102.69   +0.05 View Today's Rates

Wednesday September 4, 2019 Mortgage Rate Watch - 6:09PM How Low Can Mortgage Rates Go? Mortgage rates are on a tear . In the bigger picture, 2019 has been the best year in more than a decade. Only 2002 was arguably on the same level in terms of the move from peak to trough ... MND NewsWire - 8:31AM How do Investors Impact Homeownership? The Urban Institute (UI) says the recent surge of investor purchases of single-family homes is raising related policy issues. In blog post examining those purchases, UI analysts Ellen ... MND NewsWire - 8:09AM Purchase Volume Rises Despite Market Volatility Mortgage application volume declined for the third consecutive week during the period ended August 30. The Mortgage Bankers Association said its Market Composite Index, a measure of ... MBS Commentary - 9:15AM MBS Day Ahead: MBS Tightening Underway; Range-Bound Treasuries In the day just passed, bonds rallied to start the overnight session, largely following Brexit-related trading in Europe. Yields rose moderately heading into the domestic session, but ... Broker, HELOC, Warehouse, Non-QM Products; LOS survey; Vendor News Home Prices are on the Rise Again Latest Video Greenspan: Negative rates signify the world population is aging Mortgage demand weakens despite lower rates The market needs a rate cut, says Fidelity's Timmer More News from 'Around the Web' Reuters - 5:14PM Fed's rate-cut debate focuses on 'robust' U.S. consumer Reuters - 3:25PM In subtle differences, hints of robust Fed rate-cut debate Reuters - 3:25PM Fed's Williams says will act as appropriate to keep economy on track Bloomberg - 3:25PM Home Bidding Wars Hit Eight-Year Low as Buyers Lose Confidence - Bloomberg Calculated Risk Blog - 3:25PM BLS: Employment Projections: 2018-2028 Reuters - 3:12PM U.S. economy growing modestly as trade war dents activity: Fed Bloomberg - 11:18AM Bank of Canada Balks at Joining Global Policy Easing Trend eyeonhousing.org - 10:51AM A Smaller Share of Prospective Buyers Is Actively Looking for a Home CNBC - 9:55AM NY Fed President John Williams says low inflation is 'the problem of this era' Calculated Risk Blog - 9:20AM Trade Deficit decreased to $54.0 Billion in July Reuters - 8:04AM To cut or not? Dueling Fed views boost pressure on Powell Bloomberg - 8:03AM Fed's Rosengren Sees No Need for 'Immediate Policy Reaction' Today's Rates Best Execution Rate Change 30 Yr FRM 3.46% -0.06 15 Yr FRM 3.19% -0.04 FHA 30 Year Fixed 3.25% -0.05 Jumbo 30 Year Fixed 3.60% -0.06 5/1 Yr ARM 3.34% -0.03 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.12% 0.38 +0.08 15 Yr. Fixed 3.48% 0.32 +0.06 30 Yr. Jumbo 4.07% 0.21 +0.04 30 Yr. FHA 4.01% 0.28 +0.04 5/1 ARM 3.58% 0.27 +0.02 Freddie Mac ** 30 Yr. Fixed 3.58% 0.50 +0.03 15 Yr. Fixed 3.06% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.31% 0.40 -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 FNMA 3.0 102.22 +0.09 30YR FNMA 3.5 102.86 +0.02 30YR GNMA 3.0 103.45 +0.08 30YR GNMA 3.5 104.16 0.00 15YR FNMA 3.0 102.69 +0.05 15YR FNMA 2.5 101.58 +0.06 Treasuries Yield Change 2 YR 1.4359% -0.0181 5 YR 1.3214% -0.0130 10 YR 1.4707% +0.0083 30 YR 1.9759% +0.0226 Prices as of: 9/4/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Home Prices are on the Rise Again; Rates Set Another Long-Term Low

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30 Year Fixed 3.52%   -0.03 15 Year Fixed 3.23%   -0.02 10YR Treasury 1.46%   -0.0370 FNMA 30YR 3.5 102.84   +0.08 FNMA 15YR 2.5 102.64   +0.09 View Today's Rates

Tuesday September 3, 2019 MND NewsWire - 9:46AM Home Prices are on the Rise Again A second housing price index is showing an uptick in the rate of appreciation, possibly because interest rates declines have begun to mitigate affordability issues. CoreLogic says its ... Mortgage Rate Watch - 5:05PM Mortgage Rates Set Another Long-Term Low Mortgage rates had to endure some paradoxical momentum and delayed reaction to the broader bond market rally lately, but now, it's payback time! Not only have mortgagees been able to ... MBS Commentary - 9:26AM MBS Week Ahead: Big Week of Domestic Data, But Will It Matter? In the week just passed, Treasuries put in their most stable and uninspiring performance of the month (in their defense, it was a crazy month). Every single day's highs and lows were ... Pipeline Press - 9:00AM VA, Broker Products; Investor Disaster News; 2018 HMDA Data Out With Interesting Stats We’re two-thirds of the way through with the third quarter of 2019, and with Labor Day behind us places like Minneapolis and Seattle are losing three minutes of sunlight per day ... Banks Report Huge Improvement in Mortgage Profitability Freddie Says Housing Will Help to Stop Recession, Here's How Latest Video Exchange rates will likely affect Fed rate decision, says former NY Fed official Investors should say no to bond market directional risk, says Wells Fargo managing director US manufacturing sector contracts for first time in three years More News from 'Around the Web' Reuters - 4:56PM Fed's balance sheet could end up higher than $4 trillion: projections Reuters - 4:56PM U.S. Treasury yields drop, stocks slide as global slowdown fears loom Reuters - 3:02PM UK parliament faces last chance to block a no-deal on Tuesday: Conservative lawmaker Calculated Risk Blog - 1:35PM Construction Spending Increased Slightly in July, Down 2.7% YoY Bloomberg - 11:49AM Hurricanes, Fires to Hit Insurers With Double-Digit Rate Hikes Calculated Risk Blog - 10:16AM ISM Manufacturing index Decreased to 49.1 in August Bloomberg - 8:07AM Gut Check Time for Treasuries After Biggest Rally Since 2008 Bloomberg - 8:06AM Is the ECB Set to Announce Monetary Stimulus and How Does This Impact Equities and Bonds? Today's Rates Best Execution Rate Change 30 Yr FRM 3.52% -0.03 15 Yr FRM 3.23% -0.02 FHA 30 Year Fixed 3.30% +0.05 Jumbo 30 Year Fixed 3.66% -0.02 5/1 Yr ARM 3.37% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.79% 1.21 -0.12 30 Yr. Fixed 4.39% 1.12 -0.22 MBA ** 30 Yr. Fixed 4.12% 0.38 +0.08 15 Yr. Fixed 3.48% 0.32 +0.06 30 Yr. Jumbo 4.07% 0.21 +0.04 30 Yr. FHA 4.01% 0.28 +0.04 5/1 ARM 3.58% 0.27 +0.02 Freddie Mac ** 30 Yr. Fixed 3.58% 0.50 +0.03 15 Yr. Fixed 3.06% 0.50 +0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.31% 0.40 -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 FNMA 3.0 102.13 +0.14 30YR FNMA 3.5 102.84 +0.08 30YR GNMA 3.0 103.38 +0.16 30YR GNMA 3.5 104.16 +0.08 15YR FNMA 3.0 102.64 +0.09 15YR FNMA 2.5 101.52 +0.16 Treasuries Yield Change 2 YR 1.4540% -0.0560 5 YR 1.3344% -0.0570 10 YR 1.4624% -0.0370 30 YR 1.9533% -0.0100 Prices as of: 9/3/2019 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. © 2019 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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