| Wednesday December 9, 2020 Mortgage Rate Watch - 4:46PM Huge Gaps Remain Between Lenders' Mortgage Rate Offerings While all is easily forgiven in light of all-time low rates, the pandemic made a mess of the mortgage market in many ways. Most messes have been resolved, but several big ones remain ... MND NewsWire - 10:04AM Credit Standards Finally Ease Up in November The Mortgage Bankers Association (MBA) said access to mortgage credit improved in November for the first time in several months but is still only about two thirds of its pre-pandemic ... MND NewsWire - 8:13AM Refi Applications Surge as Mortgage Rates Test New Lows A decline in purchase applications pulled overall volume lower during the week ended December 4. The Mortgage Bankers Association said its Market Composite Index declined 1.2 percent ... MBS Commentary - 4:47PM MBS RECAP: MBS-Specific Volatility Today, But No Major Change to Bigger-Picture MBS-Specific Volatility Today, But No Major Change to Bigger-Picture A fresh (or perhaps "slightly less stale") take on stimulus prospects pushed bond yields higher overnight. Domestic ... MBS Day Ahead: New Stimulus Ideas and Treasury Auctions Push Yields Back Toward Ceiling Ops Jobs; VA IRRRL, Non-Agency, Doc Products; FHA Temporary Waiver, Ginnie Eligibility, VA Forbearance News Latest Video More News from 'Around the Web' eyeonhousing.org - 3:09PM Job Openings Slowing in Construction CNBC - 3:08PM Fed Chair Powell's work with Janet Yellen could determine whether Biden keeps him CNBC - 2:05PM Covid relief talks hit another wall as Congress runs short on time to send help CNBC - 2:02PM Next stimulus package may include eviction moratorium and $25 billion in rental assistance CNBC - 12:02PM Next stimulus package may extend student loan payment pause until May CNBC - 12:02PM Pentagon reveals plans to distribute first 44,000 doses of Pfizer vaccine as early as next week Calculated Risk Blog - 11:15AM BLS: Job Openings "Little Changed" at 6.7 Million in October www.forbes.com - 8:44AM Mnuchin Floats New $916 Billion White House Stimulus Plan CNBC - 8:23AM European Central Bank set to increase its stimulus as Covid lockdowns blight the economic recovery news.google.com - 8:10AM Mortgage rates set 14th record low of the year, driving even more refinance demand | 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 | 2.99% | 0.37 | +0.01 | | 15 Yr. Fixed | 2.59% | 0.35 | +0.04 | | 30 Yr. Jumbo | 3.11% | 0.28 | -0.02 | | 30 Yr. FHA | 3.11% | 0.37 | +0.03 | | 5/1 ARM | 2.84% | 0.53 | +0.05 |
| 30 Yr. Fixed | 2.71% | 0.70 | -0.01 | | 15 Yr. Fixed | 2.26% | 0.60 | -0.02 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 2.86% | 0.30 | -0.30 | 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 | 103.59 | -0.06 | | 30YR UMBS 2.5 | 104.97 | +0.03 | | 30YR GNMA 2.0 | 104.14 | -0.08 | | 30YR GNMA 2.5 | 104.92 | -0.05 | | 15YR UMBS 2.0 | 104.19 | -0.02 | | 15YR UMBS 2.5 | 104.14 | 0.00 |
| 2 YR | 0.1508% | +0.0000 | | 5 YR | 0.4068% | +0.0128 | | 10 YR | 0.9377% | +0.0165 | | 30 YR | 1.6877% | +0.0208 | | Prices as of: 12/9/2020 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:
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