Daily Newsletter: Conforming Loan Limits Coming Into Focus; Homeownership is Growing, Especially Among Younger Age Groups

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30 Year Fixed 3.00%   -0.01 15 Year Fixed 2.56%   -0.01 10YR Treasury 0.77%   -0.0334 FNMA 30YR 3.5 105.58   +0.06 FNMA 15YR 2.5 104.70   -0.02 View Today's Rates

Tuesday October 27, 2020 MND NewsWire - 12:07PM Homeownership is Growing, Especially Among Younger Age Groups The U.S. homeownership rate in the third quarter fell back slightly from the prior quarter. The second quarter saw the highest level for homeownership since the second quarter of 2008 ... MBS Commentary - 11:33AM MBS Day Ahead: New Conforming Loan Limits Coming Into Focus; Bonds Turning a Corner? We'll start off with more of an industry-specific curiosity (as opposed to diving right into markets/rates). Then again, the conforming loan limit is a key consideration for rates, ... MND NewsWire - 11:23AM Spring Buying Season Shifts, Home Prices Rocket Higher The impact of low interest rates and pent up buyer demand played out in sharply increasing home prices in August. Both the Federal Housing Finance Agency (FHFA) and S&P CoreLogic ... Mortgage Rate Watch - 4:45PM Mortgage Rates Mostly Flat Despite Stronger Bond Market Mortgage rates are mostly determined by the trading levels of mortgage-backed bonds on the open market. When those bonds improve, mortgage rates move lower, all other things being equal ... MBS RECAP: Bonds Looking Better This Week, But Risks Remain Freddie's Loan Volume is Up, Delinquency Rate Begins to Retreat Encompass, Correspondent, MLO Jobs; Pricing, Subservicing, Marketing Tools; California Investor Disaster News Latest Video Are markets in a holding pattern until the election? The 9 a.m. Bond Report: October 27, 2020 U.S. durable goods orders rose 1.9% in September, vs 0.5% increase expected More News from 'Around the Web' Calculated Risk Blog - 2:00PM HVS: Q3 2020 Homeownership and Vacancy Rates CNBC - 1:58PM The psychology of buying a house: Is it a key to happiness or just a source of stress? www.realtor.com - 1:58PM Struggling Rental Market Could Usher in Next American Housing Crisis Calculated Risk Blog - 1:58PM Note: October Employment Report Will Show a Decrease of 147,000 Temporary Census Workers eyeonhousing.org - 1:57PM Homeownership During the Third Quarter: Technical Issues CNBC - 9:33AM Home prices in August see biggest gains in more than two years, S&P Case Shiller says CNBC - 8:34AM Millions poised to lose unemployment benefits in 'enormous cliff' at year's end Calculated Risk Blog - 8:03AM MBA Survey: "Share of Mortgage Loans in Forbearance Decreases Slightly to 5.90%" Today's Rates Best Execution Rate Change 30 Yr FRM 3.00% -0.01 15 Yr FRM 2.56% -0.01 FHA 30 Year Fixed 2.42% +0.00 Jumbo 30 Year Fixed 3.36% -0.02 5/1 Yr ARM 2.72% -0.07 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 3.01% 0.37 -0.04 15 Yr. Fixed 2.59% 0.36 -0.06 30 Yr. Jumbo 3.31% 0.30 -0.02 30 Yr. FHA 3.12% 0.32 -0.03 5/1 ARM 2.80% 0.34 -0.15 Freddie Mac ** 30 Yr. Fixed 2.80% 0.60 -0.01 15 Yr. Fixed 2.33% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 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 UMBS 3.0 104.48 +0.08 30YR UMBS 3.5 105.58 +0.06 30YR GNMA 3.0 104.09 +0.06 30YR GNMA 3.5 104.53 +0.03 15YR UMBS 3.0 104.70 -0.02 15YR UMBS 2.5 104.06 +0.09 Treasuries Yield Change 2 YR 0.1474% -0.0040 5 YR 0.3300% -0.0209 10 YR 0.7693% -0.0334 30 YR 1.5544% -0.0372 Prices as of: 10/27/2020 4:55PM 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: New Home Sales Finally Level Off at 14 Year High; Some Good News For Delinquencies; Rates Edge Lower

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30 Year Fixed 3.01%   -0.03 15 Year Fixed 2.57%   -0.02 10YR Treasury 0.80%   -0.0369 FNMA 30YR 3.5 105.53   +0.03 FNMA 15YR 2.5 104.69   0.00 View Today's Rates

Monday October 26, 2020 MND NewsWire - 11:04AM New Home Sales Finally Level Off at 14 Year High New home sales declined in September for the first time since April. The U.S. Census Bureau and the Department of Housing and Urban Development said sales of newly constructed homes ... MND NewsWire - 10:59AM Some Delinquency Rates are Declining to Pre-COVID Levels The number of serious delinquencies dropped in September according to Black Knight. The 43,000 decline in the number of loans that were 90 or more days past due marked the first improvement ... Mortgage Rate Watch - 3:47PM Mortgage Rates Modestly Lower to Start New Week Mortgage rates were lower today for the average lender, but just how low remains a matter of great debate. To be fair, there's no active debate raging behind the scenes. Rather, there ... MBS Commentary - 3:36PM MBS RECAP: Rising Rate Trend Changing Course or Just Leveling Off? Rising Rate Trend Changing Course or Just Leveling Off? After a modest day of gains on Friday, bonds covered some more serious ground today. 10yr yields were more than 4bps lower at ... Ops Jobs; Retention, AI, Non-QM, Accounting Products; Southeast Disaster Updates MBS Week Ahead: Case For Volatility Continues to Build Latest Video History suggests a contested election could contribute to market volatility New home sales drop 3.5% in September Dow drops more than 800 points, on pace for worst day since September More News from 'Around the Web' CNBC - 3:39PM Stock market turbulence could last until the election, followed by a relief rally, strategists say Calculated Risk Blog - 1:38PM Dallas Fed: "Texas Manufacturing Expands for Fifth Straight Month" in October news.google.com - 12:38PM It 'looks like the clock has run out' on a new stimulus, says Fundstrat's Washington strategist eyeonhousing.org - 10:32AM Expectations for Housing Availability Improve news.google.com - 9:37AM Stimulus check facts: Eligibility, payment amount, IRS schedule to send a second relief payment CNBC - 8:02AM Banks may have to brace for heavy losses as commercial property prices plunge Today's Rates Best Execution Rate Change 30 Yr FRM 3.01% -0.03 15 Yr FRM 2.57% -0.02 FHA 30 Year Fixed 2.42% -0.02 Jumbo 30 Year Fixed 3.38% -0.02 5/1 Yr ARM 2.79% +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 3.01% 0.37 -0.04 15 Yr. Fixed 2.59% 0.36 -0.06 30 Yr. Jumbo 3.31% 0.30 -0.02 30 Yr. FHA 3.12% 0.32 -0.03 5/1 ARM 2.80% 0.34 -0.15 Freddie Mac ** 30 Yr. Fixed 2.80% 0.60 -0.01 15 Yr. Fixed 2.33% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 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 UMBS 3.0 104.41 0.00 30YR UMBS 3.5 105.53 +0.03 30YR GNMA 3.0 104.03 -0.08 30YR GNMA 3.5 105.47 +1.22 15YR UMBS 3.0 104.69 0.00 15YR UMBS 2.5 103.98 +0.08 Treasuries Yield Change 2 YR 0.1514% -0.0040 5 YR 0.3525% -0.0208 10 YR 0.8044% -0.0369 30 YR 1.5950% -0.0460 Prices as of: 10/26/2020 4:03PM 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: Homeowner Profits Soared in Q3; Loans in Forbearance Drop Under 3 Million

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30 Year Fixed 3.04%   +0.01 15 Year Fixed 2.59%   +0.02 10YR Treasury 0.84%   -0.0233 FNMA 30YR 3.5 105.50   -0.09 FNMA 15YR 2.5 104.69   +0.02 View Today's Rates

Friday October 23, 2020 MND NewsWire - 10:46AM Homeowner Profits Soared in Q3 The contribution made to household wealth by homeownership is underlined in ATTOM Data Solutions' third-quarter U.S. Home Sales Report . The company said that a typical homeowner who ... MND NewsWire - 10:34AM Loans in Forbearance Drop Below 3 Million The number of FHA and VA loans in forbearance rose slightly last week, however, the overall numbers of forborne loans fell nationally by 11,000. Black Knight's weekly survey of the ... MBS Commentary - 3:49PM MBS RECAP: Have MBS Finally Reached The Limits of Outperformance vs Treasuries? Have MBS Finally Reached The Limits of Outperformance vs Treasuries? Bonds are in the throws of an extended negative momentum move that's been in place throughout October. At times ... Mortgage Rate Watch - 6:26PM Don't Believe This Week's Mortgage Rate News. Here's Why Another week, another glut of news articles claiming mortgage rates are at all-time lows. While no one is intentionally trying to deceive you, the news is deceptive nonetheless. Why ... MBS Day Ahead: When Will Luck Run Out For MBS vs Broader Bond Market? MLO, Sales Jobs; Marketing, Hedging Products; Deep Dive on Rates and MBA Forecast Latest Video U.S. Markit Manufacturing PMI rises to 53.3 in October Covid-19 mortgage bailouts are down 11,000 on a weekly basis Covid-19 mortgage bailouts drop 11,000 for the week Today's Rates Best Execution Rate Change 30 Yr FRM 3.04% +0.01 15 Yr FRM 2.59% +0.02 FHA 30 Year Fixed 2.44% +0.01 Jumbo 30 Year Fixed 3.40% +0.00 5/1 Yr ARM 2.79% +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 3.01% 0.37 -0.04 15 Yr. Fixed 2.59% 0.36 -0.06 30 Yr. Jumbo 3.31% 0.30 -0.02 30 Yr. FHA 3.12% 0.32 -0.03 5/1 ARM 2.80% 0.34 -0.15 Freddie Mac ** 30 Yr. Fixed 2.80% 0.60 -0.01 15 Yr. Fixed 2.33% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.87% 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 UMBS 3.0 104.41 -0.08 30YR UMBS 3.5 105.50 -0.09 30YR GNMA 3.0 104.11 -0.09 30YR GNMA 3.5 104.25 +0.08 15YR UMBS 3.0 104.69 +0.02 15YR UMBS 2.5 103.91 0.00 Treasuries Yield Change 2 YR 0.1554% -0.0019 5 YR 0.3733% -0.0078 10 YR 0.8413% -0.0233 30 YR 1.6410% -0.0395 Prices as of: 10/23/2020 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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