Daily Newsletter: Borrowers are Exiting Forbearance at an Increased Rate

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30 Year Fixed 3.36%   +0.05 15 Year Fixed 2.81%   +0.03 10YR Treasury 1.67%   +0.0410 View Today's Rates

Friday March 26, 2021 MND NewsWire - 12:15PM Borrowers are Exiting Forbearance at an Increased Rate For the moment at least, the number of loans in forbearance are heading downhill and picking up speed. Black Knight says the number of active plans declined by 135,000 over the past ... Mortgage Rate Watch - 5:14PM Rates Catch a Break. Will it Last? What's The Impact on Housing? The biggest story for the mortgage and housing market so far in 2021 has been the big spike in mortgage rates. It has been more abrupt and covered more ground than all but the worst ... MBS Commentary - 10:46AM MBS Day Ahead: No Easy Victories as Bonds Keep Struggling to Break Technical Floors 1.62% has been one of the most important technical levels for 10yr yields in the past month. After breaking above last week, we had a chance to confirm a break back below yesterday ... IT Sales, MLO, Ops Jobs; Rate Protection, Broker Products; GSE Changes; Con't Forbearance Improvement Latest Video March consumer sentiment index comes in better than expected The 9am Bond Report - March 26, 2021 Consumers' inflation expectations and what it could mean for markets, according to BMO Capital More News from 'Around the Web' CNBC - 2:35PM The Fed has embraced the 'punchbowl' and has no intention of taking it away Fannie Mae - 1:42PM Weak February Data Continue with Falling Incomes and Home Sales Calculated Risk Blog - 1:41PM Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 54% YoY in February CNBC - 12:59PM CDC director warns of possible Covid surge as U.S. cases increase by 7% Calculated Risk Blog - 12:59PM BLS: February Unemployment rates down in 23 States Reuters - 12:56PM U.S. consumer mood brightens by most in nearly 8 years - UMich Calculated Risk Blog - 9:31AM Personal Income decreased 7.1% in February, Spending decreased 1.0% www.redfin.com - 9:31AM Housing Market Update: A Record 39% of Homes Sold Above List Price Reuters - 8:24AM Bank of Japan eyes shift to 'hands-off' approach on bond buying CNBC - 8:06AM Inflation expectations could become 'self-fulfilling prophecy,' BMO Capital says Reuters - 8:06AM Shares and bond yields rebound; dollar shows strength Today's Rates Best Execution Rate Change 30 Yr FRM 3.36% +0.05 15 Yr FRM 2.81% +0.03 FHA 30 Year Fixed 2.85% +0.01 Jumbo 30 Year Fixed 3.33% +0.00 5/1 Yr ARM 2.75% +0.03 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 3.48% 0.42 +0.20 15 Yr. Fixed 2.82% 0.40 +0.15 30 Yr. Jumbo 3.53% 0.43 +0.19 30 Yr. FHA 3.47% 0.41 +0.22 5/1 ARM 2.95% 0.44 +0.13 Freddie Mac ** 30 Yr. Fixed 3.17% 0.70 +0.08 15 Yr. Fixed 2.45% 0.60 +0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.84% 0.20 +0.05 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 99.81 -0.28 30YR UMBS 2.5 102.70 -0.16 30YR GNMA 2.0 100.75 -0.27 30YR GNMA 2.5 102.75 -0.20 15YR UMBS 2.0 102.63 -0.19 15YR UMBS 2.5 104.02 -0.13 Treasuries Yield Change 2 YR 0.1406% +0.0019 5 YR 0.8636% +0.0289 10 YR 1.6742% +0.0410 30 YR 2.3789% +0.0260 Prices as of: 3/26/2021 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. © 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: Thursday Curse Continues, But Rates Are Actually LOWER This Week

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30 Year Fixed 3.31%   -0.02 15 Year Fixed 2.78%   -0.01 10YR Treasury 1.63%   +0.0160 View Today's Rates

Thursday March 25, 2021 Mortgage Rate Watch - 2:52PM Mortgage Rates Are Actually LOWER This Week It's no secret that 2021 has been a rough year for mortgage rates so far. They've moved higher on all but a few weeks, and exclusively higher if we only count the past 8 weeks (something ... MBS Commentary - 3:37PM MBS RECAP: Thursday Curse Continues But It Was Still a Good Day for Bonds Thursday Curse Continues But It Was Still a Good Day for Bonds Although bonds won't be able to say they broke 2021's perfect record of selling on Thursdays (based on the 3pm CME close ... Pipeline Press - 10:16AM MLO, Branch, Ops Jobs; Sales, POS, Warehouse Products; STRATMOR Ops Paper; Ginnie, FHA, VA, USDA Updates After spending millions of dollars studying the issue, a blue-ribbon panel found that statistics show that teen pregnancy drops dramatically after age 20 . (Need a minute to think about ... MBS Day Ahead: Bonds Trying to do That Which Has Not Yet Been Done in 2021 Mortgage Profits Decline but Remain Close to Record Levels Latest Video The 9am Bond Report - March, 25 2021 Weekly jobless claims fall to lowest level in more than a year Former Dallas Fed President Richard Fischer on investor impact of rates More News from 'Around the Web' Reuters - 3:38PM Fed officials press promise of complete recovery before 'punch bowl' disappears CNBC - 2:52PM Senate extends pandemic assistance for small businesses for 2 months Calculated Risk Blog - 1:13PM Hotels: Occupancy Rate Highest in a Year; Down 15% Compared to Same Week in 2019 Reuters - 12:43PM Exclusive: U.S. Democratic lawmakers will introduce resolution to undo OCC's true lender rule Reuters - 11:09AM Exclusive: Fed's Barkin says watch the data, rate hikes no article of faith Calculated Risk Blog - 11:09AM AIA: "Architecture billings climb into positive territory after a year of monthly declines" in February Calculated Risk Blog - 9:18AM Q4 GDP Growth Revised up to 4.3% Annual Rate; PCE Growth Revised Down to 2.3% CNBC - 8:38AM U.S. weekly jobless claims total 684,000, vs 735,000 estimate CNBC - 8:19AM Powell praises economic recovery and sees Fed pulling back help after 'substantial' progress CNBC - 8:04AM Treasury yields climb after Powell forecasts 'strong' economic growth Today's Rates Best Execution Rate Change 30 Yr FRM 3.31% -0.02 15 Yr FRM 2.78% -0.01 FHA 30 Year Fixed 2.84% -0.01 Jumbo 30 Year Fixed 3.33% +0.00 5/1 Yr ARM 2.72% -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 3.48% 0.42 +0.20 15 Yr. Fixed 2.82% 0.40 +0.15 30 Yr. Jumbo 3.53% 0.43 +0.19 30 Yr. FHA 3.47% 0.41 +0.22 5/1 ARM 2.95% 0.44 +0.13 Freddie Mac ** 30 Yr. Fixed 3.17% 0.70 +0.08 15 Yr. Fixed 2.45% 0.60 +0.05 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.84% 0.20 +0.05 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 2.0 100.09 -0.06 30YR UMBS 2.5 102.91 -0.02 30YR GNMA 2.0 101.03 -0.05 30YR GNMA 2.5 102.97 -0.14 15YR UMBS 2.0 102.81 +0.03 15YR UMBS 2.5 104.13 +0.06 Treasuries Yield Change 2 YR 0.1387% -0.0117 5 YR 0.8315% +0.0174 10 YR 1.6297% +0.0160 30 YR 2.3490% +0.0341 Prices as of: 3/25/2021 4:50PM 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: Mortgage Profits Decline but Remain Close to Record Levels; Purchase Apps Improve; Rates Fall

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30 Year Fixed 3.33%   -0.03 15 Year Fixed 2.79%   -0.04 10YR Treasury 1.61%   -0.0104 View Today's Rates

Wednesday March 24, 2021 MND NewsWire - 8:50AM Mortgage Profits Decline but Remain Close to Record Levels Mortgage originators' profits remained strong in the fourth quarter of 2020, although they were down considerably from the previous period. The Mortgage Bankers Association's (MBA's ... MND NewsWire - 8:36AM Purchase Application Volume up for Fourth Consecutive Week Mortgage application volume declined for the third consecutive time during the week ended March 19 as refinancing continued to retreat. The Mortgage Bankers Association's (MBA) Weekly ... Mortgage Rate Watch - 4:30PM Mortgage Rates Lowest in Nearly 2 Weeks Mortgage rates put in their 3rd decent performance of the week today amid relatively calm conditions in the underlying bond market. These sorts of winning streaks have been in short ... MBS Commentary - 3:44PM MBS RECAP: Decent Day Despite Lukewarm Treasury Auction. Dovish Fed Helps Decent Day Despite Lukewarm Treasury Auction. Dovish Fed Helps This morning's weaker Durable Goods data had no effect on trading levels. At the time, bonds were in the process of moving ... IT, AE, Marketing Jobs; Comp, Retention, Pre-approval Tools; Non-QM There for Non-owner and 2nd Homes? MBS Day Ahead: 5yr Auction in Focus; What About Econ Data and Oil? Latest Video Powell: Fed takes 2% inflation target very seriously Fed Chair Powell: Rise in bond yields reflect improved economic outlook March flash Markit manufacturing PMI comes in at 59.0 versus 59.8 expected More News from 'Around the Web' CNBC - 3:54PM Yellen supports banks' share buybacks. Sen. Warren wants BlackRock designated too big to fail Reuters - 1:22PM S&P 500, Dow rise as Powell, Yellen signal confidence in recovery Calculated Risk Blog - 1:22PM Jim the Realtor: "Number of Offers" CFPB - 1:22PM CFPB Annual Complaint Report Highlights More Than a Half-Million Complaints Received in 2020 webfeeds.brookings.edu - 1:22PM What will the consumer demand recovery from COVID-19 be like? Reuters - 1:21PM Biden taps affordable housing group's chief for deputy housing secretary Reuters - 11:43AM Yellen says post-crisis plans will move to infrastructure, taxes CNBC - 10:14AM Watch Powell and Yellen testify live before Senate panel on Covid aid www.redfin.com - 9:49AM The Trials of a 2021 Homebuyer: More Money, More Competition and More Home Tours www.redfin.com - 8:53AM Homes in Austin Are Selling For 7% Above Their Asking Prices—The Biggest Premium in the U.S. CNBC - 8:11AM Treasury yields ebb lower as Powell's congressional testimony remains in focus Today's Rates Best Execution Rate Change 30 Yr FRM 3.33% -0.03 15 Yr FRM 2.79% -0.04 FHA 30 Year Fixed 2.85% -0.03 Jumbo 30 Year Fixed 3.33% +0.00 5/1 Yr ARM 2.73% -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 3.48% 0.42 +0.20 15 Yr. Fixed 2.82% 0.40 +0.15 30 Yr. Jumbo 3.53% 0.43 +0.19 30 Yr. FHA 3.47% 0.41 +0.22 5/1 ARM 2.95% 0.44 +0.13 Freddie Mac ** 30 Yr. Fixed 3.09% 0.70 +0.04 15 Yr. Fixed 2.40% 0.70 +0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.79% 0.30 +0.02 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 2.0 100.16 +0.08 30YR UMBS 2.5 102.94 +0.05 30YR GNMA 2.0 101.09 +0.23 30YR GNMA 2.5 103.13 +0.30 15YR UMBS 2.0 102.78 +0.05 15YR UMBS 2.5 104.05 -0.06 Treasuries Yield Change 2 YR 0.1485% +0.0012 5 YR 0.8109% -0.0047 10 YR 1.6119% -0.0104 30 YR 2.3125% -0.0170 Prices as of: 3/24/2021 4:56PM 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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