Daily Newsletter: Appraisal Threshold to be Raised for First Time in 25 Years; Rates are All Over The Place

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30 Year Fixed 3.63%   +0.00 15 Year Fixed 3.33%   +0.00 10YR Treasury 1.54%   +0.0606 FNMA 30YR 3.5 102.45   -0.16 FNMA 15YR 2.5 102.41   -0.09 View Today's Rates

Monday August 26, 2019 MND NewsWire - 8:45AM Appraisal Threshold to be Raised for First Time in 25 Years Increasing home prices are at the heart of a decision by the major federal regulatory agencies to raise the threshold for requiring a residential real estate appraisal for mortgages ... Mortgage Rate Watch - 4:06PM Mortgage Rates Mixed Versus Friday, Depending on Lender Mortgage rates are sort of all over the place at the moment, and almost never where you'd expect. Those who haven't been following the bond market too closely generally expect higher ... MBS Commentary - 9:06AM MBS Day Ahead: From Consolidation to "Something Else" In the week just passed, the bond market set out to digest and react to the Federal Reserve only to end up finding much bigger inspiration. Wednesday's FOMC Minutes were never too incredibly ... Pipeline Press - 9:15AM Processing, HELOC Products; Borrower/Customer and Technology Trends “My credit score is low but its low because I want to protect myself from identity theft. No one can take out a mortgage in my name if I can’t even take out a mortgage in ... Millennials Differ in Housing Preferences, But Not by Much Junes New Home Sales Revision Was a Post-Crisis Record Latest Video Memani: Jay Powell 'threw in the towel' in speech Trade progress won't happen until October, says strategist July durable goods orders up 2.1% vs 1.1% expected More News from 'Around the Web' CNBC - 3:08PM British PM Johnson says he's prepared to take Brexit talks down to last minute Calculated Risk Blog - 2:45PM Merrill and Goldman on Housing Reuters - 1:00PM Trump says China trade deal coming, Beijing calls for resolution of dispute Calculated Risk Blog - 11:21AM Dallas Fed: "Texas Manufacturing Expansion Picks Up Pace" eyeonhousing.org - 10:58AM Only 20% of Home Buyers Expect House Search to Get Easier Soon Bloomberg - 10:09AM ECB Stimulus Needs Consensus to Be Credible, Policy Maker Says Reuters - 9:42AM U.S. business investment appears weak in third quarter CNBC - 9:16AM US durable goods orders rise in July Calculated Risk Blog - 8:48AM Chicago Fed "Index points to slower economic growth in July" Reuters - 8:08AM Factbox: China's tariffs on U.S. commodities and energy www.realtor.com - 8:04AM As Recession Fears Rise, Here's the Lowdown for Real Estate Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% +0.00 15 Yr FRM 3.33% +0.00 FHA 30 Year Fixed 3.29% -0.01 Jumbo 30 Year Fixed 3.75% +0.00 5/1 Yr ARM 3.43% +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 3.55% 0.50 -0.05 15 Yr. Fixed 3.03% 0.50 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.32% 0.30 -0.03 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 3.0 101.50 -0.16 30YR FNMA 3.5 102.45 -0.16 30YR GNMA 3.0 102.72 -0.13 30YR GNMA 3.5 103.70 -0.16 15YR FNMA 3.0 102.41 -0.09 15YR FNMA 2.5 101.11 -0.14 Treasuries Yield Change 2 YR 1.5432% +0.0121 5 YR 1.4188% +0.0047 10 YR 1.5384% +0.0606 30 YR 2.0415% +0.0143 Prices as of: 8/26/2019 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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Daily Newsletter: Junes New Home Sales Revision Was a Post-Crisis Record;Trump Trade Tweets Reignite Rate Rally

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30 Year Fixed 3.63%   -0.02 15 Year Fixed 3.33%   -0.01 10YR Treasury 1.53%   -0.0797 FNMA 30YR 3.5 102.61   +0.09 FNMA 15YR 2.5 102.50   +0.13 View Today's Rates

Friday August 23, 2019 MND NewsWire - 10:56AM Junes New Home Sales Revision Was a Post-Crisis Record The U.S. Census Bureau and the Department of Housing and Urban Development said sales of newly constructed homes fell 12.8 percent in July to a seasonally adjusted annual rate of 635 ... Mortgage Rate Watch - 5:33PM Mortgage Rates Recover as Trade Tensions Reignite Mortgage rates were noticeably higher through yesterday afternoon as the bond market had generally been bouncing back from the more extreme levels achieved last week. Markets approached ... MND NewsWire - 1:16PM Millennials Differ in Housing Preferences, But Not by Much With the huge Millennial generation finally buying houses, the National Association of Home Builders has taken a deep dive into their various preferences for where and how they are ... MBS Commentary - 9:14AM MBS Day Ahead: Jackson Hole Day - Here's What That Means In the day just passed, bond markets weakened in the overnight session and then held mostly steady during the domestic hours. The most notable attempt to change that was seen after ... Sales, LO jobs; DPA, Pricing, Recruiting Products; Vendor Updates Treasury Report Sparks Rumors of Fannie/Freddie Liberation Latest Video Fed's Jerome Powell speaks on global slowdown—Three experts weigh in on what it means New home sales miss expectations in July, June sales revised higher Fed's James Bullard: The inverted yield curve suggests the Fed should ease More News from 'Around the Web' Reuters - 5:29PM Trump jacks up tariffs on Chinese imports in latest tit-for-tat CNBC - 4:30PM Fed Vice Chair Clarida says the global economic outlook has worsened since July meeting Calculated Risk Blog - 4:28PM Lawler: Updated "Demographic" Outlook Using Recent Population Estimates by Age Bloomberg - 3:17PM Here's What Officials Are Saying at the Jackson Hole Fed Meeting www.housingwire.com - 2:49PM Appraisals may soon not be required on certain home sales of $400,000 and under Bloomberg - 2:32PM Like Those Low Rates? Shame If Something Happened to Them Bloomberg - 1:54PM Pickering: It Makes Sense That Bond Yields Are Low Calculated Risk Blog - 11:50AM Q3 GDP Forecasts: Around 2% CNBC - 10:05AM Powell: No 'rulebook' on trade, pledges the Fed will 'act as appropriate' to sustain the economy eyeonhousing.org - 9:35AM Multifamily Construction Data: 2nd Quarter 2019 Reuters - 8:36AM China unveils retaliatory tariffs on U.S. goods in deepening trade row CNBC - 8:31AM White House has reportedly discussed a Fed governor rotation to curb Powell's power CNBC - 8:08AM Bullard says Fed should 'take out the insurance' with a rate cut and can always take it back Reuters - 8:07AM U.S. plans in-person China trade talks next month: White House adviser Reuters - 8:06AM For U.S. housing, trade war set to blunt some of Fed stimulus: Reuters poll Today's Rates Best Execution Rate Change 30 Yr FRM 3.63% -0.02 15 Yr FRM 3.33% -0.01 FHA 30 Year Fixed 3.30% -0.01 Jumbo 30 Year Fixed 3.75% -0.01 5/1 Yr ARM 3.42% -0.02 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 3.55% 0.50 -0.05 15 Yr. Fixed 3.03% 0.50 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.32% 0.30 -0.03 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 3.0 101.66 +0.14 30YR FNMA 3.5 102.61 +0.09 30YR GNMA 3.0 102.84 +0.11 30YR GNMA 3.5 103.86 +0.09 15YR FNMA 3.0 102.50 +0.13 15YR FNMA 2.5 101.25 +0.14 Treasuries Yield Change 2 YR 1.5311% -0.0810 5 YR 1.4141% -0.0838 10 YR 1.5334% -0.0797 30 YR 2.0272% -0.0768 Prices as of: 8/23/2019 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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