Daily Newsletter: Refis Surge; Rates Bounce Back (Lower) on Election Revelations. Will It Last?

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30 Year Fixed 2.96%   -0.06 15 Year Fixed 2.51%   -0.07 10YR Treasury 0.77%   -0.1263 FNMA 30YR 3.5 105.53   -0.03 FNMA 15YR 2.5 104.67   0.00 View Today's Rates

Wednesday November 4, 2020 MBS Commentary - 3:52PM MBS RECAP: Big Bond Rally on election Revelations. Will It Last? Big Rally on Election Revelations Fairly early in the domestic session, markets rapidly came to the realization that even if Biden wins the presidential election, the Senate is much ... Mortgage Rate Watch - 3:53PM Mortgage Rates Bounce Back (Lower) Yesterday, we discussed the fact that many mortgage lenders got defensive ahead of election night uncertainty. In the mortgage world, when lenders get defensive, it means "higher rates ... MND NewsWire - 8:15AM Refis Help to Boost Mortgage Application Volume An increase in refinancing carried overall applications onto the plus side of the ledger during the week ended October 30. The Mortgage Bankers Association (MBA) said its Mortgage Applications ... Vendor, Warehouse, Broker Products; Company-Sponsored Training; Climate Change Impacting Servicing Values? MBS Day Ahead: Bonds Turn Green in a Big Way as Blue Wave Sees Red Latest Video Rates will go lower and I wouldn't want to be underweight bonds: Minerd The 9 a.m. Bond Report: November 4, 2020 BMO Capital's Ian Lyngen on the 'flight to quality' in the bond market More News from 'Around the Web' CNBC - 3:29PM McConnell says economic stimulus will be Senate's top priority before the end of 2020 CNBC - 2:30PM Election results could point to a smaller coronavirus stimulus deal. Here's why www.npr.org - 1:10PM When Will We Know The Winner? Timeframes For 6 Key States CNBC - 1:09PM The ways Joe Biden or Donald Trump would get 270 electoral votes and the White House Calculated Risk Blog - 11:48AM October Vehicles Sales decreased to 16.2 Million SAAR Calculated Risk Blog - 10:48AM ISM Services Index Decreased to 56.6% in October Calculated Risk Blog - 8:51AM Trade Deficit Decreased to $63.9 Billion in September CNBC - 8:17AM Private payrolls increase by 365,000 in October, vs 600,000 estimate: ADP CNBC - 8:03AM Treasury yields slump as incoming election results show no clear winner news.google.com - 8:01AM End of $600 unemployment boost pushes more households to the edge Today's Rates Best Execution Rate Change 30 Yr FRM 2.96% -0.06 15 Yr FRM 2.51% -0.07 FHA 30 Year Fixed 2.40% -0.05 Jumbo 30 Year Fixed 3.40% +0.00 5/1 Yr ARM 2.72% -0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 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 3.0 104.52 +0.06 30YR UMBS 3.5 105.53 -0.03 30YR GNMA 3.0 104.23 +0.06 30YR GNMA 3.5 104.59 +0.38 15YR UMBS 3.0 104.67 0.00 15YR UMBS 2.5 103.94 +0.06 Treasuries Yield Change 2 YR 0.1467% -0.0235 5 YR 0.3306% -0.0634 10 YR 0.7696% -0.1263 30 YR 1.5477% -0.1281 Prices as of: 11/4/2020 4:17PM 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Fastest Home Price Gains Since 2004, Inventories Dwindling; Should Mortgages Be Twice as Risky?

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30 Year Fixed 3.02%   +0.03 15 Year Fixed 2.58%   +0.03 10YR Treasury 0.90%   +0.0441 FNMA 30YR 3.5 105.56   -0.02 FNMA 15YR 2.5 104.67   +0.02 View Today's Rates

Tuesday November 3, 2020 MND NewsWire - 10:27AM Fastest Home Price Gains Since 2004, Inventories Dwindling CoreLogic's estimate of the annual home price appreciation in September is not nearly as high as that published yesterday (over 14 percent) by Black Knight on Monday, but at 6.7 percent ... Mortgage Rate Watch - 5:16PM Mortgage Rates Pop Higher as Lenders Guard Against Volatility It's no secret that there was a massive market reaction to the 2016 election. Even though markets don't expect the range of potential outcomes to be nearly as wide this time, there ... MND NewsWire - 10:49AM Think Tank Concludes Mortgage Guidelines Could Safely be Twice as Risky The Urban Institute's (UI's) Housing Finance Policy Center has updated its credit availability index (HCAI) to reflect data for the second quarter of 2020. The Index shows a slight ... MBS Commentary - 3:43PM MBS RECAP: 10yr Yields at 0.96% a Best-Case Starting Point For a Bad Reaction in Bonds 10yr Yields at 0.96% a Best-Case Starting Point For a Bad Reaction in Bonds The election (referring both to the presidency and the composition of the Senate) is the biggest of actionable ... Marketing, Production Jobs; Training, Automation, LOS Products; Company Specific Industry Snapshots MBS Day Ahead: Bond Weakness At a Tipping Point, Waiting on Election Latest Video Political betting market PredictIt shows a closer race between Trump and Biden September factory orders rise 1.1 percent, slightly better than forecasts Refinitiv: U.S.-China trade will be a bipartisan issue, no matter who wins the White House More News from 'Around the Web' Calculated Risk Blog - 4:08PM Early Q4 GDP Forecasts Calculated Risk Blog - 12:46PM Update: Framing Lumber Prices Up 23% Year-over-year CNBC - 9:14AM Goldman Sachs drops the euro from its list of currencies expected to surge against the dollar Calculated Risk Blog - 8:04AM MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.83%" Today's Rates Best Execution Rate Change 30 Yr FRM 3.02% +0.03 15 Yr FRM 2.58% +0.03 FHA 30 Year Fixed 2.45% +0.03 Jumbo 30 Year Fixed 3.40% +0.04 5/1 Yr ARM 2.73% +0.01 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 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 3.0 104.45 -0.05 30YR UMBS 3.5 105.56 -0.02 30YR GNMA 3.0 104.17 +0.08 30YR GNMA 3.5 104.22 -0.03 15YR UMBS 3.0 104.67 +0.02 15YR UMBS 2.5 103.88 +0.09 Treasuries Yield Change 2 YR 0.1702% +0.0118 5 YR 0.3940% +0.0143 10 YR 0.8959% +0.0441 30 YR 1.6758% +0.0533 Prices as of: 11/3/2020 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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Daily Newsletter: Mortgage Volume Will Break a Record in 2020; Staggering Concentration of Big-Ticket Risks This Week

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30 Year Fixed 2.99%   -0.01 15 Year Fixed 2.55%   -0.01 10YR Treasury 0.86%   -0.0168 FNMA 30YR 3.5 105.56   -0.02 FNMA 15YR 2.5 104.66   -0.02 View Today's Rates

Monday November 2, 2020 MND NewsWire - 1:47PM 2020 Home Loan Volume Expected to Top a Record-Breaking $4 Trillion Black Knight concurs with an earlier forecast from the Mortgage Bankers Association, that 2020 will have a higher level of mortgage originations in 2020 than was registered in 2019 ... MBS Commentary - 9:12AM MBS Week Ahead: Staggering Concentration of Big-Ticket Market Movers There were already roughly 400k 10yr Treasury futures contracts traded by 8am today. A typical overnight session runs in the 100-300k range. Volume has been ballooning over the past ... MND NewsWire - 12:37PM Residential Construction Was a Bright Spot for September Overall construction spending was flat in September, held down by a drop in public sector projects. The U.S. Census Bureau said total expenditures during the month were at a seasonally ... Mortgage Rate Watch - 3:23PM Mortgage Rates Steady At Recent Lows Ahead of Election Mortgage rates move higher and lower all the time, but truly massive moves tend to arrive with many months (if not years) in between. The trade war in 2019 and the pandemic in 2020 ... MBS RECAP: MBS Struggle to Hold Gains, But Rates Aren't Scared Yet Ops and Sales Jobs; Database, Servicing, Non-QM, Income Analysis Products; Upcoming Training and Events Latest Video October ISM manufacturing index sees best number since August Markit U.S. manufacturing PMI for October comes in at 53.4 vs. 53.3 expected The 9 a.m. Bond Report: November 2, 2020 Today's Rates Best Execution Rate Change 30 Yr FRM 2.99% -0.01 15 Yr FRM 2.55% -0.01 FHA 30 Year Fixed 2.42% -0.02 Jumbo 30 Year Fixed 3.36% -0.02 5/1 Yr ARM 2.72% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.00% 0.35 -0.02 15 Yr. Fixed 2.60% 0.37 -0.01 30 Yr. Jumbo 3.28% 0.31 -0.05 30 Yr. FHA 3.14% 0.35 +0.02 5/1 ARM 3.05% 0.64 +0.19 Freddie Mac ** 30 Yr. Fixed 2.81% 0.70 +0.01 15 Yr. Fixed 2.32% 0.60 -0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.88% 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 3.0 104.47 -0.03 30YR UMBS 3.5 105.56 -0.02 30YR GNMA 3.0 104.09 -0.08 30YR GNMA 3.5 104.25 -0.06 15YR UMBS 3.0 104.66 -0.02 15YR UMBS 2.5 103.81 -0.08 Treasuries Yield Change 2 YR 0.1584% +0.0020 5 YR 0.3797% -0.0047 10 YR 0.8569% -0.0168 30 YR 1.6356% -0.0228 Prices as of: 11/2/2020 3:47PM 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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