Mortgage Market Update 11-20-20

Covid19 新病例的激增继续影响市场，而几种疫苗的进展也让股市不受到太大的影响，也因此债券市场交易活跃。今晨有消息传出，辉瑞公司和Biontech公司今天向美国FDA提出了COVID-19疫苗的紧急使用要求。美联储的埃文斯（Evans）表示，尽管这种病毒的风险增加了，但经济正在努力应对这次的危机。美联储将维持零利率，直到看到最大的就业机会和通胀率达到2％才会有所改变。正如我们一直在说的那样，美联储将竭尽全力在这场危机中帮助经济，但国会必须尽快提供财政支持和防疫的方案。

抵押债券徘徊在多年高点附近，而十年期收益率已下滑至0.84％

Economic Calendar

Report

Period

Estimate

Impact

Date: Tue. Nov. 24

S&P/Case-Shiller Home Price index	Sep	4.2%	Moderate
Consumer Confidence	Nov	98.0	Moderate

Date: Wed. Nov. 25

Gross Domestic Product (GDP)	Q3	33.2%	High
Personal Spending	Oct	0.7%	Moderate
GDP Chain Deflator	Q3	-2.0%	High
Personal Income	Oct	0.4%	Moderate
Consumer Sentiment Index	Nov	78.0	Moderate
Personal Consumption Expenditures and Core PCE	YOY	1.5%	High
New Home Sales	OCt	970K	Moderate
Durable Goods Orders	OCt	1.0%	Moderate
Personal Consumption Expenditures and Core PCE	OCt	0.1%	High
FOMC Minutes	Nov	NA	High

Today’s Rate

Nov 20, 2020

Conforming Loan
Loan Term (Yr)	Rate (%)	APR (%)
30yr Fixed	2.250%	2.442% APR
15yr Fixed	1.875%	2.057% APR

High Balance Loan
Loan Term (Yr)	Rate (%)	APR (%)
30yr Fixed	2.375%	2.442% APR
15yr Fixed	2.000%	2.067% APR

Jumbo Loan
Loan Term (Yr)	Rate (%)	APR (%)
30yr Fixed	2.875%	2.942% APR
15yr Fixed	3.000%	3.067% APR

Daily rate based on: SFR/Primay/LTV60/FICO 780/Purchase

IMPORTANT: Advertised rates were valid and effective as of the date reflected above, are for informational purposes only, and are subject to change without notice.Loans are subject to credit and collateral approval. Advertised rates are based on a set of loan assumptions including a borrower with excellent credit history and optimal loan characteristics. Your final interest rate and annual percentage rate (APR) may differ depending on your individual transaction’s specific characteristics, and certain products may not be available for your situation. Several determining factors include, but are not limited to, the state of the property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value, and credit score.

APR reflects the cost of credit over the term of the loan expressed as an annual rate. For mortgage loans, APR may include the interest rate, discount points (also referred to as “points”), and other charges or fees (such as mortgage insurance and origination fees), but does not necessarily take into account other loan-specific finance charges you may be required to pay.

Golden Star, Inc. dba Transglobal Lending, 185 W. Chestnut Ave., Monrovia, CA 91016, NMLS # 1437002 (www.transgloballending.com). All rights reserved. Equal Opportunity Employer and Equal Housing Lender. All mortgage products are subject to credit property approval. Rates, Program terms and conditions are subject to change without notice. Additional conditions, qualifications, and restrictions may apply. This is not an offer for extension of credit or a commitment to lend.