Daily Newsletter: Existing Home Sales Rise Slightly but Inventory Tightens Again; Rates Rise After Powell and Auctions

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.24%   +0.08 15 Year Fixed 2.62%   +0.07 10YR Treasury 1.63%   +0.0843 View Today's Rates

Monday November 22, 2021 MND NewsWire - 11:11AM Existing Home Sales Rise Slightly but Inventory Tightens Again Existing home sales moved higher in October, the second consecutive month of growth . The National Association of Realtors® (NAR) said sales of pre-owned single-family houses, townhomes ... Mortgage Rate Watch - 5:09PM Mortgage Rates Under Pressure After Powell Nomination and Bond Auctions Mortgage rates began the new week on a bad note with the average lender full erasing the improvement seen on Friday. This leaves many lenders at their highest levels since April, but ... MBS Commentary - 4:41PM MBS RECAP: Abrupt Sell-Off To Begin Holiday-Shortened Week Abrupt Sell-Off To Begin Holiday-Shortened Week The day began with confirmation that Fed Chair Powell would be re-nominated for another term. Until now, there was some speculation that ... MBS Morning: Powell Re-Nomination Confirmed. Do Bonds Care? FHA Cash Out, Pre-Approval Letter, VOE, Digital Products; In-Depth Look Moving Rates; Servicing, AE, LO, FHA Jobs Latest Video Fed Chair Powell addresses his renomination The 2pm Bond Report - November 22, 2021 Powell and Brainard will have to be come pragmatic and judicious hawks in the years ahead: Paul McCulley More News from 'Around the Web' Reuters - 2:02PM Biden gives Fed's Powell nod to finish pandemic repair Calculated Risk Blog - 12:12PM More Analysis on Existing Home Sales CNBC - 11:30AM Here's what Jerome Powell's second term as Fed chair means to you CNBC - 10:06AM Home sales rose in October as investors rushed into the market Reuters - 10:06AM Powell tapped for second term as Fed chair CNBC - 8:15AM Treasury yields rise as focus remains on Fed Chair decision Today's Rates Best Execution Rate Change 30 Yr FRM 3.24% +0.08 15 Yr FRM 2.62% +0.07 FHA 30 Year Fixed 2.85% +0.10 Jumbo 30 Year Fixed 3.15% +0.06 5/1 Yr ARM 3.37% +0.42 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 3.10% 0.70 +0.01 15 Yr. Fixed 2.39% 0.60 +0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.49% 0.30 -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 99.38 -0.44 30YR UMBS 2.5 102.02 -0.41 30YR GNMA 2.0 100.69 -0.36 30YR GNMA 2.5 102.05 -0.31 15YR UMBS 2.0 102.00 -0.19 15YR UMBS 2.5 103.36 -0.16 Treasuries Yield Change 2 YR 0.5924% +0.0796 5 YR 1.3234% +0.1004 10 YR 1.6322% +0.0843 30 YR 1.9734% +0.0620 Prices as of: 11/22/2021 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. © 2021 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.

Daily Newsletter: Housing Starts Flatten, Permits Promise Future Improvement; Rates Catch a Break

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.25%   -0.02 15 Year Fixed 2.63%   -0.02 10YR Treasury 1.59%   -0.0498 View Today's Rates

Wednesday November 17, 2021 MND NewsWire - 10:31AM Housing Starts Flatten, Permits Promise Future Improvement Residential construction numbers were mixed in October. The U.S. Census Bureau and Department of Housing and Urban Development report an increase in construction permits but a small ... MND NewsWire - 10:26AM Refinancing Loses Steam After One Week Surge After its 5.8 percent jump the previous week, the Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of mortgage application volume, fell back during the week ... Mortgage Rate Watch - 4:46PM Mortgage Rates Catch a Break Mortgage rates finally caught a break after spending the past six business days moving higher at a faster-than-normal pace. During that time, the average lender's conventional 30yr ... Jumbo, Pricing Tools; nCino/SimpleNexus $1.2 billion Deal; Events to Wrap up November MBS Morning: Negative Momentum May Be Drying Up (For Now) Latest Video Consumers are still using their homes and their houses as ATMs, says CAPTRUST's Michael Vogelzang Refinance demand drops as mortgage rates rise The 9am Bond Report - November 17, 2021 More News from 'Around the Web' www.zillow.com - 3:48PM Zillow October 2021-October 2022 Home Value & Sale Forecast CNBC - 3:48PM Lowe's sees sales growth by helping baby boomers stay in their homes Reuters - 3:09PM Biden likely to make decision on Fed chair before Thanksgiving -White House Calculated Risk Blog - 12:31PM AIA: "Demand for design services moderates but remains strong" in October Calculated Risk Blog - 9:39AM Housing Starts Decreased to 1.520 Million Annual Rate in October CNBC - 8:34AM Ignore 'hysterical people' — inflation is not here to stay, economist says www.redfin.com - 8:32AM Second-Home Demand Rose 70% From Pre-Pandemic Levels in October CNBC - 8:01AM Lowe's beats estimates, raises sales forecast amid stronger housing market CNBC - 8:01AM U.S. Treasury yields dip on Wednesday ahead of fresh data Today's Rates Best Execution Rate Change 30 Yr FRM 3.25% -0.02 15 Yr FRM 2.63% -0.02 FHA 30 Year Fixed 2.87% -0.01 Jumbo 30 Year Fixed 3.15% -0.04 5/1 Yr ARM 3.44% +0.04 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 3.09% 0.70 -0.05 15 Yr. Fixed 2.35% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.54% 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 99.67 +0.19 30YR UMBS 2.5 102.30 +0.14 30YR GNMA 2.0 100.83 +0.05 30YR GNMA 2.5 102.22 -0.19 15YR UMBS 2.0 102.23 +0.13 15YR UMBS 2.5 103.53 +0.03 Treasuries Yield Change 2 YR 0.5020% -0.0200 5 YR 1.2327% -0.0376 10 YR 1.5906% -0.0498 30 YR 1.9762% -0.0566 Prices as of: 11/17/2021 4:53PM 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.

Daily Newsletter: More Incomplete Homes Being Sold; Builder Confidence Improves; Highest Rates in 3 Weeks

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 3.27%   +0.04 15 Year Fixed 2.65%   +0.03 10YR Treasury 1.64%   +0.0224 View Today's Rates

Tuesday November 16, 2021 MND NewsWire - 11:26AM Fewer New Homes Are Actually Complete When Sold The Mortgage Bankers Association (MBA) is expecting that a higher volume of new home sales occurred in October than in the previous month, even as purchase prices rise. MBA says its ... MND NewsWire - 11:20AM Builder Confidence Gaining Ground Despite Challenges The National Association of Home Builders (NAHB) said builder confidence in the new home sales market increased in November for the third consecutive month despite the many challenges ... Mortgage Rate Watch - 3:34PM Mortgage Rates Highest in More Than 3 Weeks Mortgage rates continued higher again today, despite a fairly flat performance in the bond market. Specifically, the mortgage-backed securities (MBS) that directly influence mortgage ... MBS Commentary - 4:15PM MBS RECAP: MBS Outperform on Curve Steepening and Corporate Issuance MBS Outperform on Curve Steepening and Corporate Issuance The yield curve has been almost exclusively in "flattening" mode since June, and aggressively so. This means that longer term ... TPO Loan, e-Signature, Sales, Automation, U/W Products; Lenders and Loan Amounts; Inflation and Retail Sales Driving Rates MBS Morning: Retail Sales Reinforce Recent Weakness, But Also Raise Questions Latest Video Rents for single-family homes skyrocket NAHB builder sentiment data beats expectations The 9am Bond Report - November 16, 2021 More News from 'Around the Web' Calculated Risk Blog - 2:51PM October California Home Sales www.nar.realtor - 2:51PM Housing Affordability Conditions Unchanged in September CNBC - 11:00AM Homebuilder confidence surges past expectations, as buyer demand remains high CNBC - 9:31AM Prices will remain high until the Covid pandemic is over, deputy Treasury secretary says Calculated Risk Blog - 9:31AM Industrial Production Increased 1.6 Percent in October; Back to Pre-pandemic Levels CNBC - 8:04AM Rent for single-family homes surged 10% in September, boosted by pricey for-sale market and job growth CNBC - 8:03AM Treasury yields fall ahead of economic data Today's Rates Best Execution Rate Change 30 Yr FRM 3.27% +0.04 15 Yr FRM 2.65% +0.03 FHA 30 Year Fixed 2.88% +0.08 Jumbo 30 Year Fixed 3.19% +0.06 5/1 Yr ARM 3.40% +0.15 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 2.99% 0.30 +0.02 15 Yr. Fixed 2.35% 0.25 +0.02 30 Yr. Jumbo 3.15% 0.29 +0.03 30 Yr. FHA 3.06% 0.27 -0.02 5/1 ARM 2.52% 0.15 -0.41 Freddie Mac ** 30 Yr. Fixed 3.09% 0.70 -0.05 15 Yr. Fixed 2.35% 0.60 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.54% 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 99.47 -0.06 30YR UMBS 2.5 102.16 -0.02 30YR GNMA 2.0 100.64 -0.06 30YR GNMA 2.5 102.20 +0.23 15YR UMBS 2.0 102.11 -0.02 15YR UMBS 2.5 103.52 0.00 Treasuries Yield Change 2 YR 0.5220% +0.0023 5 YR 1.2703% +0.0149 10 YR 1.6404% +0.0224 30 YR 2.0328% +0.0362 Prices as of: 11/16/2021 4:45PM 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

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.