Daily Newsletter: 400,000 Homeowners Enter Final Month in Forbearance; Conventional Loans Dominating Market Share

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30 Year Fixed 2.95%   +0.02 15 Year Fixed 2.38%   +0.00 10YR Treasury 1.32%   +0.0388 View Today's Rates

Friday September 3, 2021 MND NewsWire - 12:32PM 400,000 Homeowners Enter Final Month in Forbearance Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of those, 400,000 will have reached the ... MND NewsWire - 12:27PM Conventional Loans Take 76% Market Share, Highest Since 2008 Fannie Mae and Freddie Mac are running away with new home financing. The National Association of Home Builders (NAHB) estimates that conventional loans were behind 76.3 percent of all ... Mortgage Rate Watch - 4:27PM Mortgage Rates Relatively Unharmed, Despite Unexpected Moves in Bonds It was a busy week for economic data with several reports that were pertinent to the housing market. In addition to being the perennial top dog among economic reports, this Friday's ... Bus. Dev., DTC, AE, Corresp. Jobs; Marketing, Processing Tools; Conforming Changes; Jobs Data and Rates MBS Day Ahead: 7 Charts to Help Make Sense of Paradoxical Jobs Report Reaction Latest Video August jobs report shows nonfarm payrolls increase 235,000 vs. 720,000 estimate The 2pm Bond Report - September 3, 2021 Rising prices, delta variant weigh on consumers' minds: Conference Board CEO More News from 'Around the Web' Calculated Risk Blog - 2:22PM AAR: August Rail Carloads and Intermodal Down Compared to 2019 CNBC - 12:48PM 3.2 million Americans are still long-term unemployed as benefits are set to expire CNBC - 8:34AM August nonfarm payrolls increase 235,000 vs. 720,000 estimate CNBC - 8:03AM Treasury yields are flat ahead of August jobs data Today's Rates Best Execution Rate Change 30 Yr FRM 2.95% +0.02 15 Yr FRM 2.38% +0.00 FHA 30 Year Fixed 2.62% +0.00 Jumbo 30 Year Fixed 3.07% +0.01 5/1 Yr ARM 2.73% -0.01 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 2.87% 0.60 +0.00 15 Yr. Fixed 2.18% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.43% 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 2.0 101.34 -0.09 30YR UMBS 2.5 103.83 -0.06 30YR GNMA 2.0 101.84 -0.08 30YR GNMA 2.5 103.39 -0.03 15YR UMBS 2.0 103.50 -0.03 15YR UMBS 2.5 104.59 0.00 Treasuries Yield Change 2 YR 0.2081% -0.0015 5 YR 0.7837% +0.0145 10 YR 1.3240% +0.0388 30 YR 1.9447% +0.0463 Prices as of: 9/3/2021 4:31PM 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: Construction Spending: Residential is Only Game in Town; Rates Barely Budge, But Tomorrow Could Be Different

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30 Year Fixed 2.93%   +0.01 15 Year Fixed 2.38%   +0.00 10YR Treasury 1.29%   -0.0101 View Today's Rates

Thursday September 2, 2021 MND NewsWire - 2:49PM Construction Spending: Residential is Only Game in Town The U.S. Census Bureau says July's expenditures on all types of construction was at a seasonally adjusted rate of $1.569 trillion compared to $1.563 trillion in June. This is an increase ... MND NewsWire - 11:27AM HUD Unveils Multi-Agency Affordable Housing Plans The Department of Housing and Urban Development (HUD) has announced a series of actions aimed at assisting in the Biden Administrations goal of creating, preserving, and selling about ... Mortgage Rate Watch - 2:51PM Mortgage Rates Barely Changed Ahead of Important Jobs Report Mortgage rates are based primarily on bonds. Bonds take cues from economic data (among other things). And tomorrow's big jobs report is the most consistently important piece of economic ... MBS Commentary - 10:10AM MBS Day Ahead: Just a Pre-NFP Place-Holder, But Lead-Offs Can Happen Ah, the Thursday before a Friday jobs report--much like a Forest Gump box of chocolates. They're typically fairly boring with movement that tends to be easily eclipsed by the NFP reaction ... MBS RECAP: Particularly Calm Before a Particularly Important NFP Corresp. Mgt., AE, MLO Jobs; Pricing, Cap. Mkts., Sales Tools; Appraisal M&A; Disaster Updates; Comp Survey Latest Video Bank of America's Bolland on housing market, digital banking and state of consumer The 2pm Bond Report - September 2, 2021 What to expect from August's jobs report More News from 'Around the Web' Calculated Risk Blog - 4:06PM Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in June CNBC - 2:44PM Here's why experts believe the U.S. is in a housing boom and not a bubble www.nar.realtor - 2:39PM Affordable Housing Concerns and Food Insecurity Linked, NAR Report Finds Calculated Risk Blog - 11:01AM August Vehicles Sales Decreased to 13.06 Million SAAR Calculated Risk Blog - 9:36AM Trade Deficit Decreased to $70.1 Billion in July CNBC - 9:34AM Housing advocates warn of 'perfect storm' for tenants as eviction bans, unemployment benefits end CNBC - 8:36AM Jobless claims total 340,000 vs. estimate 345,000 CNBC - 8:03AM European Central Bank to announce tapering in December, analysts say CNBC - 8:02AM Treasury yields move lower ahead of initial jobless claims Today's Rates Best Execution Rate Change 30 Yr FRM 2.93% +0.01 15 Yr FRM 2.38% +0.00 FHA 30 Year Fixed 2.62% +0.00 Jumbo 30 Year Fixed 3.06% -0.01 5/1 Yr ARM 2.74% -0.01 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 2.87% 0.60 +0.00 15 Yr. Fixed 2.18% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.43% 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 2.0 101.39 +0.08 30YR UMBS 2.5 103.83 +0.03 30YR GNMA 2.0 101.89 -0.08 30YR GNMA 2.5 103.41 +0.13 15YR UMBS 2.0 103.48 0.00 15YR UMBS 2.5 104.59 +0.02 Treasuries Yield Change 2 YR 0.2115% +0.0001 5 YR 0.7724% -0.0032 10 YR 1.2886% -0.0101 30 YR 1.9025% -0.0122 Prices as of: 9/2/2021 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: Application Volume Ebbs; Rates Sideways to Higher; NFP vs ADP

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30 Year Fixed 2.92%   +0.01 15 Year Fixed 2.38%   +0.01 10YR Treasury 1.30%   -0.0084 View Today's Rates

Wednesday September 1, 2021 MND NewsWire - 11:04AM Decline in Refis Pulls Mortgage Application Volume Lower Mortgage application volume declined again last week , dragged down by flagging refinance activity. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure ... MND NewsWire - 11:05AM Freddie Mac's Purchase Volumes Eroded in July Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.4 percent in July compared to a 12.9 percent gain in June. The portfolio balance ... Mortgage Rate Watch - 5:07PM Mortgage Rates Unchanged to Slightly Higher Much like yesterday, mortgage rates were unchanged to slightly higher , depending on the lender. And once again, the differences in pricing strategies depend on timing in conjunction ... MBS Commentary - 11:00AM MBS Day Ahead: Revisiting the ADP vs NFP Correlation The stated goal of the ADP Employment Report is to predict the final revision of the US government's non-farm payroll number. Assessing its efficacy was a tall order before covid and ... MI, MLO, Multi-family Jobs; HELOC, Non-QM, Sales, Compliance Products; Agency News Investor Share of Home Purchases in Decline Latest Video Delta poses a downside job risk Fed tapering is not priced into the market: Veritas' Branch ADP August private payrolls gain 374,000, missing estimates More News from 'Around the Web' www.redfin.com - 1:43PM Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020 Calculated Risk Blog - 12:37PM Zillow Case-Shiller House Price Forecast: 20%+ Year-over-year in July CNBC - 8:17AM Private payrolls increase by just 374,000 in August, far short of the 600,000 estimate, ADP says CNBC - 8:04AM Treasury yields climb ahead of ADP employment report Reuters - 8:03AM White House tackles housing shortage with plan for 100,000 affordable homes Today's Rates Best Execution Rate Change 30 Yr FRM 2.92% +0.01 15 Yr FRM 2.38% +0.01 FHA 30 Year Fixed 2.62% +0.00 Jumbo 30 Year Fixed 3.07% -0.01 5/1 Yr ARM 2.78% -0.01 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 2.87% 0.60 +0.01 15 Yr. Fixed 2.17% 0.60 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.42% 0.20 -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 2.0 101.31 -0.02 30YR UMBS 2.5 103.80 -0.05 30YR GNMA 2.0 101.97 -0.05 30YR GNMA 2.5 103.28 -0.08 15YR UMBS 2.0 103.48 +0.02 15YR UMBS 2.5 104.58 0.00 Treasuries Yield Change 2 YR 0.2114% +0.0001 5 YR 0.7756% +0.0001 10 YR 1.2987% -0.0084 30 YR 1.9147% -0.0129 Prices as of: 9/1/2021 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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