Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in June compared to an 8.6 percent gain in May. The portfolio balance at the end of the period was $3.021 trillion compared to $2.980 trillion the prior month and $2.477 trillion a year earlier. Purchases and Issuances totaled $92.609 billion, and Sales were ($1.369) billion. The May numbers were $91.739 billion, and ($1.292) billion, respectively. Single-family refinance loan purchase and guarantee volume was $50.9 billion in June compared to $57.1 billion in May, representing a 59 percent share of total single-family mortgage portfolio purchases and issuances, down from 66 percent the previous month. Purchases in Freddie Mac's Mortgage Related Investments Portfolio totaled $61

August 5, 2021 Download our Mobile App: Download our Mobile App: Rob Chrisman Ops, AE, Sales Mgt. Jobs; Pricing, Trading, Non-QM, Processing, QC, Sales Tools; August Events and Training “Why was the mortgage so depressed? Because it was a loan.” Yes, cutting-edge humor like that is why you read this commentary. No MLO should be depressed, especially when it comes to this rate environment. The yield on the 10-year is very... (read more) Housing News Freddie Mac Refinance Share Now Under 60 Percent Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in June compared to an 8.6 percent gain in May. The portfolio balance at the end of the period was $3.021 trillion compared to $2.980 tri... (read more) Housing News Mortgage Applications Pull Back Despite Lower Rates Despite newly lower interest rates, mortgage applications were lower during the week ended July 30. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, was 1.7 percent lower on a seas... (read more) Mortgage Rates Mortgage Rates Move Up From Long-Term Lows 30 Yr. Fixed Rate 7.04% -0.10% Rate Change Points Mortgage News Daily 30 Yr. Fixed 7.04% -0.10 0.00 15 Yr. Fixed 6.43% -0.02 0.00 30 Yr. FHA 6.42% -0.08 0.00 30 Yr. Jumbo 7.28% -0.02 0.00 7/6 SOFR ARM 6.98% -0.05 0.00 30 Yr. VA 6.43% -0.09 0.00 Updates Daily - Last Update: 12/20 15 Yr. Fixed Rate 6.43% -0.02% Rate Change Points Freddie Mac 30 Yr. Fixed 6.72% +0.12 0.00 15 Yr. Fixed 5.92% +0.08 0.00 Updates Weekly - Last Update: 12/19 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.73% +0.21 0.69 15 Yr. Fixed 6.27% +0.29 0.77 30 Yr. Jumbo 6.77% +0.04 0.49 Updates Weekly - Last Update: 10/30 MBS / Treasuries MBS Live Recap: Bonds Definitely Playing Defense Ahead of NFP UMBS 30YR 5.5 98.77 0.00 Price / Yield Change MBS UMBS 5.5 98.77 0.00 UMBS 6.0 100.57 +0.03 GNMA 5.5 99.25 -0.01 GNMA 6.0 100.67 +0.01 Pricing as of: 12/23 3:45AM EST 10 Year US Treasury 4.5243 +0.0096 Price / Yield Change US Treasury 2 YR Treasury 4.316 +0.009 5 YR Treasury 4.378 +0.000 7 YR Treasury 4.455 -0.007 10 YR Treasury 4.524 +0.010 30 YR Treasury 4.724 +0.005 Pricing as of: 12/23 3:45AM EST Latest Video The 2pm Bond Report - August 5, 2021 Economic reopening is 'like starting a cold engine on a car' The 9am Bond Report - August 5, 2021 Initial jobless claims total 385,000, matching expectations Around the Web CNBC Friday's jobs report is a wild card with economists' estimates all over the map CNBC Wells Fargo postpones return-to-office plans by a month amid coronavirus surge Calculated Risk Blog July Employment Preview Reuters U.S. plans to give extra COVID-19 shots to at-risk Americans - Fauci CFPB CFPB Issues Interpretive Rule on Certain Mortgage and Disclosure Timing Requirements for the 2021 Juneteenth Federal Holiday Calculated Risk Blog Hotels: Occupancy Rate Down 6% Compared to Same Week in 2019 CNBC U.S. jobless claims total 385,000, matching estimates Reuters Dollar hits 8-day high on Fed talk, European stocks at record peak CNBC Treasury yields edge lower ahead of weekly jobless claims data CNBC Bank of England keeps policy unchanged, warns of 'more pronounced' period of inflation Reuters U.S. infrastructure bill could be nearing final vote, key senators say Calculated Risk Blog Denver Real Estate in July: Sales Down 21% YoY, Active Inventory Down 37% YoY Reuters U.S. services sector growth accelerates despite supply constraints

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