Monday February 24, 2020 Mortgage Rate Watch - 7:18PM Important Lessons From Near-Record Low Mortgage Rates Mortgage rates continue to carve out the unlikeliest of victories in 2020 with significant help from coronavirus. The epidemic has taken a year that was almost certain to start off ... MBS Commentary - 10:58AM MBS Week Ahead: High Gear nCov Fear Pushing Rates Toward All-Time Lows Coronavirus (or nCov for short) made more disconcerting headlines over the weekend and has generally proven itself to be far more capable in that regard than its long lost cousin, SARS ... MND NewsWire - 12:20PM Cheaper Construction Loans Mean More Custom Homes Builders are finding that acquisition, development, and construction (ADC) loans in the last half of 2019 were both easier to access and less costly. That may be, in part, behind a ... Controller, LO Jobs; Compliance and Servicing Events; Coronavirus Dominating Markets Full Steam Ahead for Refi Boom as Rates Hit New Lows Existing Home Sales Showing Resilience and Lots of Potential for 2020 Latest Video More News from 'Around the Web' CNBC - 8:04PM Coronavirus update, earnings, consumer confidence: 3 things to watch for in the markets on Tuesday Reuters - 8:01PM Stocks tumble, oil falls, gold spikes as virus fears grip markets CNBC - 3:55PM Fed's Mester sees 'downside risk' from coronavirus, but does not want to cut rates Reuters - 2:45PM U.S. CDC confirms 53 coronavirus cases, including repatriated citizens Reuters - 2:45PM World must avert 'dramatic' effects of coronavirus on health, economy: U.N.'s Guterres Reuters - 2:45PM Markets bet Fed is pushed to cut rates in coronavirus response CNBC - 2:44PM The rate rout is heating up, and that could be good news for homebuilders CNBC - 11:58AM Goldman cuts US first-quarter GDP forecast to just over 1% on the coronavirus CNBC - 11:08AM Coronavirus fears could push mortgage rates past 4-year low Reuters - 10:06AM Factbox: Charting the impact of the new coronavirus Calculated Risk Blog - 9:26AM "Chicago Fed National Activity Index Points to an Uptick in Economic Growth in January" www.redfin.com - 8:36AM Housing Shortage Leads to Intense Competition Among Homebuyers Reuters - 8:06AM Exclusive: U.S. sees no material impact from virus on U.S.-China trade deal - for now Calculated Risk Blog - 8:02AM Quarterly Starts by Purpose and Design | 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 | 3.72% | 0.25 | +0.01 | 15 Yr. Fixed | 3.20% | 0.27 | +0.01 | 30 Yr. Jumbo | 3.75% | 0.17 | +0.05 | 30 Yr. FHA | 3.84% | 0.26 | +0.04 | 5/1 ARM | 3.21% | 0.13 | -0.02 |
30 Yr. Fixed | 3.49% | 0.70 | +0.02 | 15 Yr. Fixed | 2.99% | 0.80 | +0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.25% | 0.20 | -0.03 | 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 FNMA 3.0 | 102.39 | +0.17 | 30YR FNMA 3.5 | 103.41 | +0.06 | 30YR GNMA 3.0 | 102.64 | +0.06 | 30YR GNMA 3.5 | 104.20 | -0.03 | 15YR FNMA 3.0 | 103.09 | +0.14 | 15YR FNMA 2.5 | 101.94 | +0.22 |
2 YR | 1.2496% | -0.1047 | 5 YR | 1.2308% | -0.0916 | 10 YR | 1.3705% | -0.1024 | 30 YR | 1.8554% | -0.0614 | Prices as of: 2/24/2020 7:42PM 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 | |