For all practical purposes, the year is over when it comes to mortgage rate volatility. True, there is some small chance that political developments conspire to push rates just a bit higher in the next two days, but the damage would be insignificant in the bigger picture. In other words, we're looking at "all-time low " rates today versus "rates that are close enough to all-time lows that no one would really notice the difference" in the event of more negative outcomes. The catch is that these sorts of assumptions get increasingly risky as the new year commences. Especially concerning for bonds (which dictate rates) is the Georgia senate election. This has nothing to do with political opinion and everything to do with the nature of stimulus and government funding. Specifically, democrats and

December 29, 2020 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Closing Out The Year at Record Lows For all practical purposes, the year is over when it comes to mortgage rate volatility. True, there is some small chance that political developments conspire to push rates just a bit higher in the next two days, but the damage would be insignificant ... (read more) Rob Chrisman Recruiter Job; HELOC, Compensation, TPO Products; New York Did What? Agency News; URLA Best Practices With the passing of Pierre Cardin this morning, does it mean that bottle of cologne (circa 1978) I have in the attic became a collector’s item? The phallic shape of that bottle is certainly not boring. And while residential lenders continue to ... (read more) Housing News Home Price Gains Continued Through October, Fastest Rate in 6 Years The headline for the October S&P CoreLogic Case-Shiller home price report is yet another month of escalating gains. The National Home Price Index which covers all nine U.S. census divisions posted an annual increase of 8.4 percent compared to a 7... (read more) Housing News Can a Grocery Store Really Affect Your Home's Value? As studies go, ATTOM Data Solutions Grocery Store Wars analysis is kind of silly. But at this point in this year, kind of silly is sort of welcome. Keep chickens and eggs in mind and make of this what you will. The company looked at how the proximity... (read more) MBS Commentary MBS Live Recap: Bonds on Cruise Control Unless Senate Approves Stimulus Upgrade Bonds on Cruise Control Unless Senate Approves Stimulus Upgrade Barring an unexpected vote (and passage) of the $2k stimulus upgrade, bonds are on cruise control heading into the end of the day/week/year.&nbs... (read more) Housing News Forbearance Numbers Rise for Second Week The number of forbearance plans increased again during the six-day period (shortened because of the holiday) ended December 21 and again Black Knight cautioned that small increases are common mid-month. The company said the 20,000-loan change was due... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.97% +0.08% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.97% +0.08 0.00 15 Yr. Fixed 6.22% +0.08 0.00 30 Yr. FHA 6.47% +0.09 0.00 30 Yr. Jumbo 7.02% +0.07 0.00 7/6 SOFR ARM 6.40% +0.16 0.00 30 Yr. VA 6.50% +0.10 0.00 Updates Daily - Last Update: 6/6 15 Yr. Fixed Rate 6.22% +0.08% Rate Change Points Freddie Mac 30 Yr. Fixed 6.85% -0.04 0.00 15 Yr. Fixed 5.99% -0.04 0.00 Updates Weekly - Last Update: 6/5 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.92% -0.06 0.66 15 Yr. Fixed 6.25% +0.02 0.67 30 Yr. Jumbo 6.92% -0.01 0.60 Updates Weekly - Last Update: 6/4 MBS / Treasuries UMBS 30YR 5.5 98.57 -0.41 Price / Yield Change MBS UMBS 5.5 98.57 -0.41 UMBS 6.0 100.69 -0.31 GNMA 5.5 98.91 -0.38 GNMA 6.0 100.75 -0.22 Pricing as of: 6/7 4:12AM EST 10 Year US Treasury 4.5076 +0.1131 Price / Yield Change US Treasury 2 YR Treasury 4.037 +0.116 5 YR Treasury 4.123 +0.125 7 YR Treasury 4.313 +0.122 10 YR Treasury 4.508 +0.113 30 YR Treasury 4.963 +0.090 Pricing as of: 6/7 4:12AM EST Latest Video Senate GOP rejects push for $2,000 stimulus checks as part of Covid-19 reli... The 9 a.m. Bond Report: December 29, 2020 House passes bill for $2,000 stimulus checks, putting GOP senators in a tou... Wall Street Journal's Greg Ip on three reasons why 2021 will be better than... Around the Web Calculated Risk Blog Zillow Case-Shiller House Price Forecast: "Nothing Short of Remarkable", 9.5% YoY in November Calculated Risk Blog Real House Prices and Price-to-Rent Ratio in October CNBC If stimulus checks are raised to $2,000, here's how that would work CNBC Senate Republicans face pressure to vote on $2,000 stimulus checks after House passes bill Calculated Risk Blog Question #8 for 2021: What will happen with house prices in 2021? CNBC Department of Labor says there will not be a lapse in unemployment benefits for gig workers, long-term unemployed NAHB Eye on Housing Top Posts of 2020: Time to Build a Single-Family Home in 2019 CNBC U.S. Treasury yields move higher ahead of Senate vote on Covid relief Calculated Risk Blog Question #9 for 2021: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021? news.google.com Homeowners aren't fleeing cities in droves despite COVID-19 - Yahoo Finance news.google.com Treasury yields rise after Trump signs Covid relief bill Calculated Risk Blog Dallas Fed: "Texas Manufacturing Activity Expands at a Faster Pace" in December NAHB Eye on Housing Top Posts of 2020: Sales Outpacing Starts by a Historic Margin

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