Daily Newsletter: Rates Back Near Multi-Year Lows

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30 Year Fixed 3.45%   -0.04 15 Year Fixed 3.13%   -0.03 10YR Treasury 1.52%   -0.0492 FNMA 30YR 3.5 103.25   +0.05 FNMA 15YR 2.5 102.89   +0.05 View Today's Rates

Thursday February 20, 2020 Mortgage Rate Watch - 3:52PM Mortgage Rates Back Near Multi-Year Lows Mortgage rates haven't been this low for this long in years--3.5 years to be exact. Brexit was the talk of the town in the middle of 2016 and it resulted in rates very close to all ... MND NewsWire - 10:20AM Lower Rates Helped Raise January Closing Rate The slight drop in mortgage rates in January stabilized refinance originations according to the January Origination Insight Report from Ellie Mae. The 3 basis point dip to an average ... MBS Commentary - 10:23AM Consolidation Setting Sights on Next Week In case you're just joining us, there's a consolidation going on in the bond market. That means yields are trading in a progressively narrower range after making a relatively bigger ... Pipeline Press - 8:50AM HELOC, Construction, and Title Products; Digital Borrower Solutions Morgan Stanley buying E-Trade is causing some chatter this morning, and last night’s Democratic debate had plenty of chatter. (Some would use a stronger term than “chatter ... A Sharp Increase in January Housing Permits Defies Predictions Refi Applications Ebb, But The Boom Goes On Latest Video Fed's Clarida: I don't think most market participants are pricing in rate cut Index of leading indicators up 0.8% vs. 0.4% expected CBO director: Low interest rates give us time to decrease deficit More News from 'Around the Web' eyeonhousing.org - 3:00PM Rates on Construction Loans Continue to Drift Downward Calculated Risk Blog - 1:27PM Phoenix Real Estate in January: Sales up 18.1% YoY, Active Inventory Down 38.9% YoY Reuters - 1:27PM Wall Street tumbles as coronavirus fears mount CNBC - 11:49AM Americans are fleeing the most expensive US cities—and moving to these 10 more affordable places Calculated Risk Blog - 9:49AM Philly Fed Manufacturing Suggests Activity Increased in February CNBC - 9:35AM Fed Vice Chair Clarida throws cold water on traders pricing in a rate cut Calculated Risk Blog - 8:34AM Weekly Initial Unemployment Claims Increase to 210,000 www.realtor.com - 8:02AM Co-Buying: How Cash-Strapped Millennials Are Becoming Homeowners Without Family Help Today's Rates Best Execution Rate Change 30 Yr FRM 3.45% -0.04 15 Yr FRM 3.13% -0.03 FHA 30 Year Fixed 3.23% -0.04 Jumbo 30 Year Fixed 3.61% -0.03 5/1 Yr ARM 3.30% -0.02 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 3.72% 0.25 +0.01 15 Yr. Fixed 3.20% 0.27 +0.01 30 Yr. Jumbo 3.75% 0.17 +0.05 30 Yr. FHA 3.84% 0.26 +0.04 5/1 ARM 3.21% 0.13 -0.02 Freddie Mac ** 30 Yr. Fixed 3.49% 0.70 +0.02 15 Yr. Fixed 2.99% 0.80 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.25% 0.20 -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 3.0 102.14 +0.08 30YR FNMA 3.5 103.25 +0.05 30YR GNMA 3.0 102.42 +0.06 30YR GNMA 3.5 104.05 +0.03 15YR FNMA 3.0 102.89 +0.05 15YR FNMA 2.5 101.63 +0.09 Treasuries Yield Change 2 YR 1.3912% -0.0348 5 YR 1.3635% -0.0459 10 YR 1.5186% -0.0492 30 YR 1.9626% -0.0513 Prices as of: 2/20/2020 4:38PM 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: Fannie/Freddie Report Growing Net Worth Under new Policy; Rates Hang Tough Despite Stocks

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30 Year Fixed 3.50%   +0.00 15 Year Fixed 3.17%   +0.00 10YR Treasury 1.59%   -0.0307 FNMA 30YR 3.5 103.22   +0.02 FNMA 15YR 2.5 102.78   -0.02 View Today's Rates

Friday February 14, 2020 MND NewsWire - 8:14AM Fannie/Freddie Report Growing Net Worth Under new Policy Both of the government sponsored enterprises (GSEs) posted strong earnings for the fourth quarter of 2019 as well as for the entire year. They are now reporting growing net worth after ... Mortgage Rate Watch - 4:02PM Mortgage Rates Hangin' Tough Despite Stock Market Recovery Mortgage rates have primarily been at the whim of the general tone of coronavirus news for the past few weeks. That meant a swift move to multi-year lows followed by an uneven correction ... MBS Commentary - 10:32AM MBS Day Ahead: Uncertainty Actually Means Uncertainty I'll admit, there are times where I point out some chart-based evidence of uncertainty in the bond market and I feel like we're just delaying an inevitable move. The most recent sideways ... Servicing, 203(k) Products; Conventional Conforming Underwriting Shifts Proposed 2021 Budget Would Increase G-Fees Latest Video Santelli Exchange: Record bond fund inflows Here's which renovation projects create the biggest boost in home resale value Wells Fargo expects strong year for Home Depot More News from 'Around the Web' Reuters - 3:44PM Wall Street slips as coronavirus dampens optimism CNBC - 3:44PM White House considering tax incentive for more Americans to buy stocks, sources say Calculated Risk Blog - 1:42PM Sacramento Housing in January: Sales Up 5.6% YoY, Active Inventory down 32.7% YoY Calculated Risk Blog - 11:52AM Q1 GDP Forecasts: 0.7% to 2.4% eyeonhousing.org - 11:31AM Sluggish Rebound in Single-Family Permits in December CNBC - 10:52AM How much you need to earn to afford to buy a home in 15 major US cities CNBC - 10:25AM These home renovations provide the biggest returns www.redfin.com - 9:18AM Homebuyers Flock to Four Cities for Affordable Land and Growing Salaries CNBC - 8:49AM US consumer spending slowed further in January Calculated Risk Blog - 8:47AM Retail Sales increased 0.3% in January Today's Rates Best Execution Rate Change 30 Yr FRM 3.50% +0.00 15 Yr FRM 3.17% +0.00 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.64% +0.00 5/1 Yr ARM 3.31% -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 0.00% 0.25 -3.71 15 Yr. Fixed 3.20% 0.27 +0.01 30 Yr. Jumbo 3.75% 0.17 +0.05 30 Yr. FHA 3.84% 0.26 +0.04 5/1 ARM 3.21% 0.13 -0.02 Freddie Mac ** 30 Yr. Fixed 3.47% 0.70 +0.02 15 Yr. Fixed 2.97% 0.80 +0.00 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.28% 0.30 -0.04 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 3.0 102.02 +0.03 30YR FNMA 3.5 103.22 +0.02 30YR GNMA 3.0 102.36 -0.14 30YR GNMA 3.5 104.06 -0.14 15YR FNMA 3.0 102.78 -0.02 15YR FNMA 2.5 101.48 -0.06 Treasuries Yield Change 2 YR 1.4299% -0.0159 5 YR 1.4176% -0.0245 10 YR 1.5883% -0.0307 30 YR 2.0384% -0.0349 Prices as of: 2/14/2020 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: Refi Demand at 7-Year High, But Rates Are Giving Back Coronavirus Gains

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30 Year Fixed 3.51%   +0.04 15 Year Fixed 3.18%   +0.04 10YR Treasury 1.64%   +0.0345 FNMA 30YR 3.5 103.20   -0.03 FNMA 15YR 2.5 102.84   -0.05 View Today's Rates

Wednesday February 12, 2020 Mortgage Rate Watch - 3:43PM Mortgage Rates Still Giving Back Coronavirus Gains Mortgage rates have spent just over a week moving back up from the lowest levels in more than three and a half years. Those long-term lows came courtesy of the panic surrounding the ... MBS Commentary - 9:17AM MBS Day Ahead: The Bounce Continues 2 weeks ago, as rates plummeted toward the lowest levels in more than 3 years, I began to point out a very obvious caveat to the gains. Because coronavirus fears were driving the move ... MND NewsWire - 8:15AM Refi Applications hit Seven-Year Highs on Coronavirus Fears, Lower Rates Applications for mortgage financing increased again during the week ended February 7 despite a significant decline in those for home purchases. The Mortgage Bankers Association (MBA ... MBS RECAP: Bond Market's Simple Plan LO Jobs; Sales, Marketing, Broker products; American Borrowing stat Latest Video Lot of headwinds if China factories aren't back up in next few weeks: Wells Fargo Securities The US economy can withstand coronavirus fears, strategist says Fmr. Federal Reserve Governor: Chairman Powell has made it clear that negative interest rates aren't an option Today's Rates Best Execution Rate Change 30 Yr FRM 3.51% +0.04 15 Yr FRM 3.18% +0.04 FHA 30 Year Fixed 3.25% +0.00 Jumbo 30 Year Fixed 3.65% +0.04 5/1 Yr ARM 3.34% +0.02 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 0.00% 0.25 -3.71 15 Yr. Fixed 3.20% 0.27 +0.01 30 Yr. Jumbo 3.75% 0.17 +0.05 30 Yr. FHA 3.84% 0.26 +0.04 5/1 ARM 3.21% 0.13 -0.02 Freddie Mac ** 30 Yr. Fixed 3.45% 0.70 -0.06 15 Yr. Fixed 2.97% 0.70 -0.03 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.32% 0.20 +0.08 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 3.0 101.98 -0.06 30YR FNMA 3.5 103.20 -0.03 30YR GNMA 3.0 102.48 +0.11 30YR GNMA 3.5 104.22 +0.13 15YR FNMA 3.0 102.84 -0.05 15YR FNMA 2.5 101.52 -0.08 Treasuries Yield Change 2 YR 1.4458% +0.0203 5 YR 1.4535% +0.0311 10 YR 1.6368% +0.0345 30 YR 2.0931% +0.0279 Prices as of: 2/12/2020 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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