Friday March 12, 2021 Community Commentary - 3:07PM Big Hit to Second Home and Investment Mortgages FHFA (Fannie Mae's and Freddie Mac's conservator) announced March 10 that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they ... Mortgage Rate Watch - 6:12PM Highest Rates in a Year; Big Drama For Investment Property Loans Rising rate headlines are nothing new, but there was a bit of a double whammy this week... or triple, depending on your point of view. Whammy 1: Highest Rates in a Year It's March 2021 ... MBS Commentary - 10:27AM MBS Day Ahead: This is a Rising Rate Environment By yesterday afternoon, the bond market had managed to string together several of the most reassuring days of 2021. Today's early losses provide a wake up call as to the nature of the ... MND NewsWire - 1:21PM Home Equity Gains are Breaking 8 Year Records Homeowners' housing wealth grew by record numbers in the fourth quarter of last year . CoreLogic, in its Home Equity Report for the period, says the average equity in a U.S. home increased ... MBS RECAP: Sobering Reminder About Rising Rate Trend Foreclosure Rise Despite COVID Moratoriums Forbearances Reach Their Lowest Levels in Almost a Year Fulfillment, MLO, Product Dev. Jobs; Mail, CRM, Presentation, Digital Products; Freddie and Fannie Shifts Latest Video More News from 'Around the Web' www.redfin.com - 3:26PM Housing Market Update: Home Prices Increased a Record 17%, Pending Sales Up 19% From a Year Earlier Calculated Risk Blog - 3:25PM MBA: Share of Second Home and Investor Mortgage Applications Calculated Risk Blog - 2:11PM South Carolina Real Estate in February: Sales Up 13% YoY, Inventory Down 46% YoY Reuters - 1:33PM Take Five: Week of the central banks Calculated Risk Blog - 10:44AM Mortgage Equity Withdrawal in Q4 2020 CNBC - 9:00AM European markets pull back as Treasury yields climb again CNBC - 8:27AM The housing market stands at a tipping point after a stunningly successful year during the pandemic | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 0.00% | 0.00 | +0.00 | 30 Yr. Fixed | 0.00% | 0.00 | +0.00 |
30 Yr. Fixed | 3.23% | 0.48 | +0.15 | 15 Yr. Fixed | 2.64% | 0.39 | +0.08 | 30 Yr. Jumbo | 3.33% | 0.41 | +0.10 | 30 Yr. FHA | 3.19% | 0.30 | +0.19 | 5/1 ARM | 2.84% | 0.58 | +0.01 |
30 Yr. Fixed | 3.05% | 0.60 | +0.03 | 15 Yr. Fixed | 2.38% | 0.60 | +0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.77% | 0.30 | +0.04 | Current Mortgage Rates »* FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. | Secondary Markets 30YR UMBS 2.0 | 100.14 | -0.52 | 30YR UMBS 2.5 | 102.95 | -0.42 | 30YR GNMA 2.0 | 100.89 | -0.39 | 30YR GNMA 2.5 | 102.69 | -0.34 | 15YR UMBS 2.0 | 102.84 | -0.44 | 15YR UMBS 2.5 | 104.33 | -0.13 |
2 YR | 0.1490% | +0.0061 | 5 YR | 0.8417% | +0.0557 | 10 YR | 1.6247% | +0.0895 | 30 YR | 2.3784% | +0.0839 | Prices as of: 3/12/2021 5:06PM EST | Current MBS / Treasury Prices »MBS and Treasury data provided by Thomson Reuters.Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information | |