Friday June 19, 2020 MND NewsWire - 9:49AM Forbearance Numbers Continue to Retreat The number of homeowners in active forbearance plans fell again this past week. Black Knight estimates there are now 4.6 million people remaining in the plans which mortgage servicers ... Mortgage Rate Watch - 4:32PM The Great Debate For Rates, Housing, And The Market Coronavirus hit markets with unprecedented force in March. Stock prices and bond yields sank. When the outlook grew less dire, markets began moving back in the other direction. As quarantine ... Pipeline Press - 8:55AM Credit, QC, Ops Jobs; Broker, DPA Products; Residential Credit Changes Lots in the news. Congratulations to the California MBA (and the MBA and lenders everywhere, since nearly 25% of residential loans come from California) which made news by being victorious ... Conventional Loans Stealing Market Share Freddie Says Economic Stimulus Softened Pandemic's Impact Latest Video More News from 'Around the Web' Calculated Risk Blog - 1:47PM Sacramento Housing in May: Sales decline 37% YoY, Active Inventory down 23% YoY www.redfin.com - 1:09PM Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus Shutdowns CNBC - 12:32PM Fed adds coronavirus scenarios to this year's bank stress tests Calculated Risk Blog - 11:40AM Q2 GDP Forecasts: Probably Around 33% Annual Rate Decline eyeonhousing.org - 10:53AM Economic Well-Being of U.S. Households Calculated Risk Blog - 10:20AM BLS: May Unemployment rates down in 38 states; 4 States at New Record Highs CNBC - 10:06AM Fed's Rosengren reports 'tremendous interest' from businesses for loan program Bloomberg - 8:51AM China to Accelerate U.S. Farm Purchases After Hawaii Talks CNBC - 8:14AM Treasury yields move higher ahead of Fed speeches CNBC - 8:14AM Gen Z borrowers are unaware of Covid-19 student loan relief programs, study finds CNBC - 8:05AM Coronavirus mortgage bailout shrinks further, but bank-held loans are faring worse | 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 | 3.37% | 0.30 | -0.05 | 15 Yr. Fixed | 2.85% | 0.27 | -0.02 | 30 Yr. Jumbo | 3.66% | 0.30 | -0.05 | 30 Yr. FHA | 3.46% | 0.23 | +0.05 | 5/1 ARM | 3.05% | 0.25 | -0.03 |
30 Yr. Fixed | 3.13% | 0.80 | -0.08 | 15 Yr. Fixed | 2.58% | 0.80 | -0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.09% | 0.40 | -0.01 | 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 3.0 | 105.05 | -0.08 | 30YR UMBS 3.5 | 105.14 | -0.03 | 30YR GNMA 3.0 | 105.58 | +0.08 | 30YR GNMA 3.5 | 105.59 | +0.06 | 15YR FNMA 3.0 | 105.22 | -0.03 | 15YR FNMA 2.5 | 104.47 | -0.05 |
2 YR | 0.1876% | -0.0077 | 5 YR | 0.3234% | -0.0094 | 10 YR | 0.6921% | -0.0229 | 30 YR | 1.4615% | -0.0180 | Prices as of: 6/19/2020 4:43PM 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 | |