| Monday May 11, 2020 MND NewsWire - 10:07AM Local Governments are Preparing for Forbearance Fallout The economic consequences of the COVID-19 pandemic are increasingly clear, and so are the results of some efforts to alleviate financial hardships. Ginnie Mae and the Federal Housing ... Mortgage Rate Watch - 7:12PM Mortgage Rates Start Strong But End Day Higher Mortgage rates began the day slightly lower compared to last Friday, but that didn't last long . Underlying bond markets were under pressure from the outset. When bond prices fall, ... MBS Commentary - 8:51AM MBS Day Ahead: Fed Buying UMBS 2.0 Coupons This Week Bonds lost ground last week, overall, with 10yr yields rising the better part of 10bps. MBS lost ground as well, but not UMBS 2.0 coupons. These are the up-and-comers. Now this week ... Recruiting Tool; Webinars and Training; Deep Dive on Jobs Number; California May do What? Servicers on the Hook as 4.1 Million Loans Now in Forbearance Latest Video More News from 'Around the Web' CNBC - 6:58PM The Fed thawed debt market and big companies built a $500 billion war chest to fight the virus CNBC - 3:35PM 'Feels like we're at the bottom': Some executives see signs of recovery in April CNBC - 2:35PM As states reopen, homebuyers rush back out, but sellers are staying on the sidelines Calculated Risk Blog - 2:21PM Education and Unemployment Reuters - 2:02PM Michigan factories begin humming again as U.S. lockdowns ease CNBC - 1:45PM After trying for a decade, central banks might succeed at generating inflation Reuters - 1:10PM Fed's Evans says get ready for economic growth to look different Reuters - 12:26PM Chinese investment in the U.S. drops to lowest level since global financial crisis Reuters - 11:29AM U.S. has no need to buy back debt, will take advantage of low interest rates: Mnuchin Calculated Risk Blog - 11:11AM Last Week: NY Fed Q1 Report: "Pre-COVID-19 Data Shows Total Household Debt Increased in Q1 2020" eyeonhousing.org - 10:35AM Unaffordable Prices Hold Back Prospective Home Buyers Calculated Risk Blog - 9:25AM Four High Frequency Indicators for the Eventual Recovery CNBC - 9:25AM Fear and desperation on Main Street as small businesses struggle to survive despite PPP and other federal loan programs Reuters - 8:13AM White House considers more coronavirus stimulus, with conditions: officials CNBC - 8:13AM This bond market signal indicates the bear market isn't over yet CNBC - 8:02AM Consumer advocate Richard Cordray fears rise of 'vehement' debt collectors amid 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 | 3.40% | 0.30 | -0.03 | | 15 Yr. Fixed | 2.93% | 0.29 | -0.05 | | 30 Yr. Jumbo | 3.69% | 0.34 | -0.03 | | 30 Yr. FHA | 3.37% | 0.20 | +3.37 | | 5/1 ARM | 3.20% | 0.36 | +3.20 |
| 30 Yr. Fixed | 3.26% | 0.70 | +0.03 | | 15 Yr. Fixed | 2.73% | 0.70 | -0.04 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.17% | 0.30 | +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 UMBS 3.0 | 104.88 | -0.48 | | 30YR UMBS 3.5 | 105.19 | -0.31 | | 30YR GNMA 3.0 | 105.78 | -0.31 | | 30YR GNMA 3.5 | 105.75 | -1.33 | | 15YR FNMA 3.0 | 105.28 | -0.06 | | 15YR FNMA 2.5 | 104.42 | -0.05 |
| 2 YR | 0.1768% | +0.0160 | | 5 YR | 0.3496% | +0.0158 | | 10 YR | 0.7067% | +0.0220 | | 30 YR | 1.4137% | +0.0279 | | Prices as of: 5/11/2020 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:
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 |
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