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DAILY MARKET BRIEFING:Mortgage Trends & Rate Activity
Daily Market Briefing: Mortgage Trends & Rate ActivityMARKET RATE %Market Index2Current Rate30 Yr Conforming2.78%30 YR Jumbo2.83%30 YR FHA2.75%30 YR VA2.37%1-Day DeltaConfidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day DeltaDelta Since 2/18/20
Daily Market Briefing: Mortgage Trends & Rate Activity30-YR CONFORMING TO 10-YR TREASURY RATE et Index3Current Value10-YR Treasury0.95%30-YR Conforming2.78%10-YR to 30-YR Spread1.83%1-Day DeltaConfidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day DeltaDelta Since 2/18/20
Daily Market Briefing: Mortgage Trends & Rate ActivityRATE LOCK VOLUME BY LOAN PURPOSE6004.2%OBMMI 30-YR .6%Market Volume IndexCurrent Value1-Day % Change(Total Volume indexed to 100 on 1/2/2020)Purchase69Cash-out Refinance37Rate-Term Refinance125Total230Refinance Share*70.0%*Refinance Share changes reflect inter-period delta4Confidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day % Change% Change Since 2/18/20
Daily Market Briefing: Mortgage Trends & Rate ActivityMIX OF BUSINESS BY LOAN PRODUCT100%90%80%70%60%50%40%30%20%10%0%5Loan Product MixCurrent 5%USDA0.7%1-Day DeltaConfidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day DeltaDelta Since 2/18/20
Daily Market Briefing: Mortgage Trends & Rate ActivityPURCHASE & REFINANCE PULL-THROUGH RATES95%90%85%80%75%70%65%60%55%50%Pull-through RateCurrent Rate1-Day Delta(5-Day Moving Average)6Purchase Pull-through83.2%Refi Pull-through74.7%Confidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day DeltaDelta Since 2/18/20
Daily Market Briefing: Mortgage Trends & Rate ActivityBEST EFFORTS TO MANDATORY DELIVERY SPREADS180 bps160 bps140 bps120 bps100 bps80 bps60 bps40 bps20 bpsbpsBest Efforts vs. MandatoryCurrent Spread1-Day Delta(5-Day Moving Average)730-YR Conforming32 bps15-YR Conforming37 bps30-YR Government34 bpsConfidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day DeltaDelta Since 2/18/20
Daily Market Briefing: Mortgage Trends & Rate ActivityWHOLE LOAN DELIVERY TO 30-YR TBA SPREADS200 bps100 bpsbps(100 bps)(200 bps)(300 bps)(400 bps)(500 bps)(600 bps)(700 bps)Whole Loan vs. 30-YR TBA8Current SpreadBest Ex vs UMBS 3.0(173 bps)Best Ex vs. GNMA 3.0(143 bps)Cash Window vs. UMBS 3.0(36 bps)1-Day DeltaConfidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.7-Day Delta4-Week Delta
Daily Market Briefing: Mortgage Trends & Rate ActivityOPTIMAL BLUE DATA SOLUTIONSENTERPRISE ANALYTICSCOMPETITIVE ANALYTICSMARKET ANALYTICSOPTIMAL BLUE MORTGAGE MARKET INDICES (OBMMI)9Confidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.
Daily Market Briefing: Mortgage Trends & Rate ActivityLEGAL DISCLAIMERDISCLAIMERCONTENT USE PERMISSIONUTILIZING OUR CONTENTTRADEMARKSCOPYRIGHTREVISIONS10Confidential, Proprietary and/or Trade Secret. TM SM Trademark(s) of Optimal Blue, LLC, or an affiliate. 2020 Optimal Blue, LLC. All rights reserved.
Cash-out Refinance 37 Rate-Term Refinance 125 Total 230 Refinance Share* 70.0% 4 (Total Volume indexed to 100 on 1/2/2020) Daily Market Briefing: Mortgage Trends & Rate Activity . OPTIMAL BLUE MORTGAGE MARKET INDICES (OBMMI) Daily Market Briefing: Mortgage Trends & Rate Activity
