Daily Newsletter: Rates Bounce At Long-Term Lows; Price Gains Resume; Lots of Refis

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30 Year Fixed 3.56%   +0.01 15 Year Fixed 3.20%   +0.01 10YR Treasury 1.66%   +0.0568 FNMA 30YR 3.5 103.11   0.00 FNMA 15YR 2.5 102.70   -0.02 View Today's Rates

Tuesday January 28, 2020 Mortgage Rate Watch - 4:28PM Mortgage Rates Edge Higher From Long-Term Lows Mortgage rates were steady to slightly higher today, leaving the average lender just a hair above the lowest rates in months, and still very close to the lowest rates in more than 3 ... MND NewsWire - 10:42AM Home Price Gains Resumed in November The recent re-acceleration of home price gains continued in November. The S&P CoreLogic Case-Shiller U.S. National Home Price Index which covers all nine U.S. census divisions, ... MND NewsWire - 11:39AM Refis Made up More Than Half of Freddie Mac December Business Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.2 percent in December, a substantial change from the 0.4 percent gain in November ... MBS Commentary - 8:44AM MBS Day Ahead: Range Breakout Continues But Additional Gains Aren't Guaranteed Bonds finally broke out of one of their prevailing ranges yesterday as Wuhan virus fears reached a new level. Some may roll their eyes at this sort of thing serving as the source of ... Subservicer, Cost-Cutting Products; Customer Satisfaction Awards New Home Sales Pull Back Slightly in December; Year-Over-Year Gains Continue Latest Video CNBC poll: GDP forecast at 2% this year and next January consumer confidence index jumps to 131.6 US durable goods orders up 2.4% percent in December More News from 'Around the Web' CNBC - 3:40PM Coronavirus, repo market and the reserve rate: What to watch this week from the Fed Reuters - 1:55PM Countdown to recession: What an inverted yield curve means Calculated Risk Blog - 10:57AM Richmond Fed: Manufacturing Activity Rebounded in January CNBC - 10:08AM US consumer confidence jumps in January to 131.6, vs 128 expected CNBC - 9:13AM US core capital goods orders post biggest drop in 8 months CNBC - 8:05AM Treasury yields tick higher ahead of Fed meeting Reuters - 8:04AM For Fed, 'material reassessment' may be in eye of beholder Reuters - 8:03AM Asian shares, bond yields fall as deadly coronavirus spreads Today's Rates Best Execution Rate Change 30 Yr FRM 3.56% +0.01 15 Yr FRM 3.20% +0.01 FHA 30 Year Fixed 3.33% +0.00 Jumbo 30 Year Fixed 3.66% +0.01 5/1 Yr ARM 3.39% +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 3.87% 0.27 +0.00 15 Yr. Fixed 3.25% 0.22 -0.05 30 Yr. Jumbo 3.87% 0.21 +0.04 30 Yr. FHA 3.87% 0.25 +0.00 5/1 ARM 3.29% 0.25 -0.06 Freddie Mac ** 30 Yr. Fixed 3.60% 0.80 -0.05 15 Yr. Fixed 3.04% 0.80 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.28% 0.30 -0.11 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 3.0 101.95 -0.03 30YR FNMA 3.5 103.11 0.00 30YR GNMA 3.0 103.64 +1.00 30YR GNMA 3.5 103.91 +0.08 15YR FNMA 3.0 102.70 -0.02 15YR FNMA 2.5 101.39 0.00 Treasuries Yield Change 2 YR 1.4685% +0.0214 5 YR 1.4840% +0.0393 10 YR 1.6614% +0.0568 30 YR 2.1159% +0.0538 Prices as of: 1/28/2020 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: FICO Changes On The Way; Mortgage Rates Drop to 4.5-Month Lows on Virus Fears

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30 Year Fixed 3.61%   -0.02 15 Year Fixed 3.22%   -0.03 10YR Treasury 1.69%   -0.0451 FNMA 30YR 3.5 103.02   -0.03 FNMA 15YR 2.5 102.67   -0.03 View Today's Rates

Friday January 24, 2020 Mortgage Rate Watch - 5:25PM Mortgage Rates Drop to 4.5-Month Lows on Virus Fears Mortgage rates moved meaningfully lower over the past 2 days as panic over the coronavirus outbreak continues affecting financial markets. If this epidemic ends up being similar to ... MND NewsWire - 9:44AM Changes to FICO are on the Way Paying bills on time is about to become more important for American consumers, and this as their debt levels are reaching new highs. Fair Isaac Corporation, the company which creates ... MBS Commentary - 10:49AM MBS Day Ahead: The Obvious Bounce Could Be Too Obvious As the week comes to a close, we find bonds continuing to trickle toward the lower end of the range that has prevailed for nearly 3 months. In terms of 10yr yields, the upper boundary ... Pipeline Press - 8:37AM Client Engagement, Sales, API Products; Coronavirus Scare; ECB's Low Rates Yes, the change in FICO scores garnered some attention, but much of the focus is on Wells Fargo which just can’t stay out of the spotlight… for all the wrong reasons. Ten ... Here's How The Average Loan Looked in December Foreclosures at 14-Year Low; Loan "Mortality" up 126% Annually Latest Video What the FICO changes mean for consumers Santelli Exchange: Doubleline Deputy CIO on the Fed and rates Mnuchin: We planning more tax cuts despite budget deficit continuing to grow More News from 'Around the Web' Reuters - 4:27PM Wall Street slides as China virus concerns mount eyeonhousing.org - 2:50PM U.S. Population Grows Slower CNBC - 1:49PM Bonds look like they are flashing a warning for global markets Calculated Risk Blog - 12:53PM Q4 GDP Forecasts: 1.2% to 2.2% CNBC - 11:52AM El-Erian warns 'wonderful world of liquidity' lifting stocks no matter what won't last forever Reuters - 11:27AM U.S. Treasury Secretary Mnuchin expects next China trade talks in 'near future' Calculated Risk Blog - 11:04AM BLS: December Unemployment rates at New Series Lows in Eight States CNBC - 10:39AM 10-year Treasury yield falls below 1.7% amid coronavirus fears eyeonhousing.org - 9:16AM NAHB 2020 "Priced Out" Estimates Calculated Risk Blog - 9:02AM Sacramento Housing in December: Sales Up 12.7% YoY, Active Inventory down 38.8% YoY Reuters - 8:19AM ECB's Rehn backs a flexible and symmetrical inflation target Reuters - 8:04AM Shares hold ground as China virus fears persist; euro hits seven-week low after ECB Today's Rates Best Execution Rate Change 30 Yr FRM 3.61% -0.02 15 Yr FRM 3.22% -0.03 FHA 30 Year Fixed 3.35% -0.01 Jumbo 30 Year Fixed 3.69% -0.03 5/1 Yr ARM 3.35% -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 3.87% 0.27 +0.00 15 Yr. Fixed 3.25% 0.22 -0.05 30 Yr. Jumbo 3.87% 0.21 +0.04 30 Yr. FHA 3.87% 0.25 +0.00 5/1 ARM 3.29% 0.25 -0.06 Freddie Mac ** 30 Yr. Fixed 3.60% 0.80 -0.05 15 Yr. Fixed 3.04% 0.80 -0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.28% 0.30 -0.11 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 3.0 101.95 +0.06 30YR FNMA 3.5 103.02 -0.03 30YR GNMA 3.0 102.72 +0.13 30YR GNMA 3.5 103.86 -0.11 15YR FNMA 3.0 102.67 -0.03 15YR FNMA 2.5 101.34 +0.03 Treasuries Yield Change 2 YR 1.4947% -0.0191 5 YR 1.5088% -0.0348 10 YR 1.6857% -0.0451 30 YR 2.1352% -0.0402 Prices as of: 1/24/2020 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. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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