Consumer attitudes toward both buying and selling improved in October, although the number who feel it is a good time to buy a home remains at record lows. The increases helped Fannie Mae's Home Purchase Sentiment Index (HPSI) eke out a 1-point gain from its September level, rising to 75.5. This is 6.2 points lower than the index in October 2020. The HPSI, is based on a subset of questions from Fannie Mae's National Housing Survey (NHS). The question regarding whether or not it is a good time to buy a home received positive responses from 30 percent of those surveyed for a net positive of -35 percent. This is 3 percentage points higher than in the September survey, but 60 points lower than a year ago. Asked the same question about selling a home, 77 percent said it was a good time, a 60 percent

November 12, 2021 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.34% +0.06%   6.13% 7.26% 15 Yr. Fixed 5.82% +0.01%   5.6% 6.59% 30 Yr. Jumbo 6.32% +0.02%   6.1% 7.45% Compare Mortgage Rates from Local Lenders for Nov 12, 2021 Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.34% +0.06 0.00 15 Yr. Fixed 5.82% +0.01 0.00 30 Yr. FHA 6.06% +0.05 0.00 30 Yr. Jumbo 6.32% +0.02 0.00 7/6 SOFR ARM 5.98% +0.09 0.00 30 Yr. VA 6.08% +0.05 0.00 Updates Daily - Last Update: 11/3 Freddie Mac Rate Change Points 30 Yr. Fixed 6.17% -0.02 0.00 15 Yr. Fixed 5.41% -0.03 0.00 Updates Weekly - Last Update: 10/30 Mortgage Bankers Assoc. 30 Yr. Fixed 6.30% -0.07 0.58 15 Yr. Fixed 5.67% -0.07 0.61 30 Yr. Jumbo 6.38% -0.01 0.34 Updates Weekly - Last Update: 10/29 UMBS 30YR 5.0 99.57 +0.11   95.05 100.11 UMBS 30YR 5.5 101.08 +0.08   97.47 101.40 10 YR Treasury 4.095 -0.014   3.932 4.780 MBS Price Change UMBS 4.5 97.51 +0.10 UMBS 5.0 99.57 +0.11 UMBS 5.5 101.08 +0.08 GNMA 4.5 97.52 +0.01 GNMA 5.0 99.79 +0.14 GNMA 5.5 100.87 +0.08 Pricing as of: 11/4 7:53AM EST US Treasury Yield Change 2 YR Treasury 3.579 -0.030 5 YR Treasury 3.701 -0.023 7 YR Treasury 3.885 -0.020 10 YR Treasury 4.095 -0.014 30 YR Treasury 4.679 -0.015 Pricing as of: 11/4 7:53AM EST Other News Home Selling Sentiment at Record High Wed, Nov 10, 2021 11:13AM Consumer attitudes toward both buying and selling improved in October, although the number who feel it is a good time to buy a home remains at record lows. The increases helped Fannie Mae's Home Purchase Sentiment Index (HPSI) eke out a 1-point gain from its September level, rising to 75.5. This is 6.2 points lower than the index in October 2020. The HPSI, i... (read more) Delinquency Rates Drop Hundreds of Basis Points Year-Over-Year Wed, Nov 10, 2021 3:52PM The national delinquency rate has seen a massive improvement over the last year. The Mortgage Bankers Association (MBA) reports that, at the end of the third quarter of 2021, the rate was 4.88 percent of all outstanding loans. This is 59 basis points (bps) lower than the rate in the second quarter and a decline of 277 basis points from the third quarter of 2... (read more) Title Franchise Opportunities; eClose, TPO, Operations Efficiency Tools; Events and Training Into 2022 Fri, Nov 12, 2021 10:45AM Forget mortgages… As snow hits the Upper Midwest and rain hits the East Coast, according to the USDA, nationwide frozen turkey inventories are 24 percent below the average three-year volume. Nothing to do with the Suez Canal, but the logistics of getting birds into freezers has been more tumultuous than typical, leading to frozen turkey prices increas... (read more) Latest Video The 2pm Bond Report - November 12, 2021 As inflation rises these tips will help you save more this holiday season The 9am Bond Report - November 12, 2021 Treasury sells $24B in 30-year bonds, a 'horrible' 30-year bond auction, sa... Around the Web Fannie Mae Inflation Remains Red Hot, Weighing on Business Sentiment Calculated Risk Blog Q4 GDP Forecasts: Around 5% to 6% CNBC Consumer sentiment hits 10-year low while workers quit jobs in record numbers Calculated Risk Blog BLS: Job Openings "Little Changed" at 10.4 Million in September Calculated Risk Blog BLS: CPI increased 0.9% in October, Core CPI increased 0.6% Calculated Risk Blog NY Fed Q3 Report: Total Household Debt Climbs to Over $15 trillion CNBC 10-year Treasury yield inches higher to cap big surge this week CNBC New mortgage refinance programs from Fannie Mae and Freddie Mac are expanding to reach more homeowners CNBC Opendoor thrives in home-flipping market Zillow just exited as earnings beat estimates Calculated Risk Blog Housing: Inventory will Tell the Tale CNBC Inflation has taken away all the wage gains for workers and then some National Associattion of Realtors Home Prices Spiked by Double-Digits in 78% of Metro Areas inThird Quarter of 2021 CNBC The first Fed rate hike is now expected as early as July following the hot CPI data

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