Fannie Mae said "Consumers are increasingly adamant that it's a good time to sell, bad time to buy a home" as it released its June Home Purchase Sentiment Index (HPSI). The index, based on the company's monthly National Housing Survey, shows a growing difference in the number of consumers who hold one or another of those opinions. The HPSI was largely unchanged in June, dipping from 80.0 in May to 79.7 , but questions of whether it is a good time to buy a home or to sell one produced notable results. Only 32 percent of survey respondents said it was a good time to buy, down from 35 percent in May and with an 8 point increase in those who thought it was not. As a result, the net who were upbeat about buying fell 11 points to -32 percent, 66 points lower than in June 2020. Conversely, the net

July 8, 2021 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.22% +0.09%   6.11% 7.26% 15 Yr. Fixed 5.75% +0.04%   5.54% 6.59% 30 Yr. Jumbo 6.14% -0.01%   6.14% 7.45% Compare Mortgage Rates from Local Lenders for Jul 8, 2021 Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.22% +0.09 0.00 15 Yr. Fixed 5.75% +0.04 0.00 30 Yr. FHA 5.95% +0.04 0.00 30 Yr. Jumbo 6.14% -0.01 0.00 7/6 SOFR ARM 5.65% 0.00 0.00 30 Yr. VA 5.98% +0.06 0.00 Updates Daily - Last Update: 9/17 Freddie Mac Rate Change Points 30 Yr. Fixed 6.35% -0.15 0.00 15 Yr. Fixed 5.50% -0.10 0.00 Updates Weekly - Last Update: 9/11 Mortgage Bankers Assoc. 30 Yr. Fixed 6.49% -0.15 0.56 15 Yr. Fixed 5.70% -0.14 0.55 30 Yr. Jumbo 6.44% -0.14 0.48 Updates Weekly - Last Update: 9/10 UMBS 30YR 5.0 99.71 +0.12   95.05 100.47 UMBS 30YR 5.5 101.15 +0.12   97.47 101.61 10 YR Treasury 4.063 -0.018   3.706 4.780 MBS Price Change UMBS 4.5 97.72 +0.09 UMBS 5.0 99.71 +0.12 UMBS 5.5 101.15 +0.12 GNMA 4.5 98.10 +0.09 GNMA 5.0 100.00 +0.18 GNMA 5.5 101.02 +0.13 Pricing as of: 9/18 2:43AM EST US Treasury Yield Change 2 YR Treasury 3.538 -0.025 5 YR Treasury 3.633 -0.023 7 YR Treasury 3.817 -0.023 10 YR Treasury 4.064 -0.017 30 YR Treasury 4.658 -0.030 Pricing as of: 9/18 2:43AM EST Other News Attitudes About Buying and Selling Continue to Diverge Thu, Jul 8, 2021 11:38AM Fannie Mae said "Consumers are increasingly adamant that it's a good time to sell, bad time to buy a home" as it released its June Home Purchase Sentiment Index (HPSI). The index, based on the company's monthly National Housing Survey, shows a growing difference in the number of consumers who hold one or another of those opinions. The HPSI was largely unchan... (read more) Massive Tappable Equity and More Record Price Gains Wed, Jul 7, 2021 4:14PM We recently summarized a report from the Urban Institute (UI) about the apparent reluctance of sellers to entertain offers from prospective buyers intending to use FHA or VA financing. UI based its conclusion on both a survey of real estate agents conducted by the National Association of Realtors and the recent decline in the FHA and VA share of originations... (read more) MLO, Broker, RE Agent Opportunities; Wholesale and Broker, Lock Desk Products; Downward Move in Rates Thu, Jul 8, 2021 11:34AM I head to Salt Lake City today, and on the way to the airport thought to myself, with all the technological and scientific advances being made, the folks at Wrigley should add be able to extend the flavor life of their Juicy Fruit gum, right? Not Willie Wonka everlasting gobstopper life, mind you, but something longer than having flavor more than five minute... (read more) Latest Video A formal Fed taper announcement likely: JPMorgan's Jay Barry on rates BlackRock's Rick Rieder on what he thinks rates do very well Here's how investors can play the homebuilders space The Bond Report - July 8, 2021 Around the Web Reuters Wall Street ends lower as recovery momentum concerns fuel broad sell-off Calculated Risk Blog NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased Slightly YoY in Early July Calculated Risk Blog Leading Index for Commercial Real Estate "Loses Steam In June" CNBC Wells Fargo tells customers it's shuttering all personal lines of credit CNBC China's central bank is 'quite worried' about global risks from some digital currencies Reuters Analysis: U.S. bond managers say market has overshot, yields too low CNBC U.S weekly jobless claims unexpectedly rise to 373,000, as job growth slows CNBC 10-year Treasury yield falls to 1.25% on concerns about economic growth, Covid variant Reuters U.S. Treasury rally powers on, world shares take a knock Federal Reserve Minutes of the Federal Open Market Committee, June 15-16,2021 Calculated Risk Blog FOMC Minutes: "Inflation Risks tilted to upside", Begin reducing asset purchases "somewhat earlier" CNBC Did state cuts to unemployment benefits get people back to work in June? CNBC Federal Reserve releases minutes of its June 15-16 meeting

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