| Friday June 12, 2020 Mortgage Rate Watch - 4:54PM Just When You Thought We Were Done Talking About All-Time Lows Mortgage rates plunged well into new all-time lows this week, which is a striking turn of events given the vastly different outlook at the end of last week. Specifically, a series of ... MBS Commentary - 9:38AM MBS Day Ahead: Trends in Treasuries and Mortgage Rates Are in Conflict Yesterday, after 4 straight days of improvements, the bond market easily returned to the trading range that had been intact for 6 weeks (until it was broken by last week's big selling ... MND NewsWire - 12:12PM More Home Flipping, Less Profit Home flipping, defined as buying a home and reselling it (in two arms-length transactions) within a year, accounted for 7.5 percent of all home sales in the first quarter of this year ... MND NewsWire - 11:22AM Forbearances Drift Lower for Second Week in a Row The number of homeowners with mortgages in forbearance has fallen for the second consecutive week. Black Knight reports that, as of June 9, there were 4.66 million active COVID-19 related ... Ops Jobs; DPA, Pricing, Doc Products; USDA, FHA, VA Notes Equity Cushion May Prevent Another Housing Crisis Latest Video More News from 'Around the Web' Reuters - 4:58PM Wall Street ends higher but indexes mark worst week in more than two months www.redfin.com - 3:16PM Homebuying Demand Just Keeps Getting Stronger CNBC - 1:59PM 12 million people are at risk of not getting their stimulus payments. Here's how that could be fixed eyeonhousing.org - 1:20PM Household Balance Sheets: 1Q20 Reuters - 12:12PM Fed's Barkin says some jobs lost during crisis will not come back Reuters - 11:44AM Fed sees 'persistent fragilities' for households and businesses: Fed report Reuters - 10:46AM U.S. consumer sentiment rises in early June Reuters - 10:46AM Petroleum, food boost U.S. import prices in May Calculated Risk Blog - 9:35AM Mortgage Equity Withdrawal Flat in Q1 www.realtor.com - 8:08AM Mortgage Rates Were Rising, Then Hit a Record Low of 2.9 PercentÂWhat's Going On? CNBC - 8:04AM Coronavirus mortgage bailout shrinks for the second straight week | 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 | 3.21% | 0.90 | +0.03 | | 15 Yr. Fixed | 2.62% | 0.80 | +0.00 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.10% | 0.40 | +0.00 | 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 | 105.38 | -0.09 | | 30YR UMBS 3.5 | 105.47 | +0.14 | | 30YR GNMA 3.0 | 106.02 | -0.03 | | 30YR GNMA 3.5 | 106.02 | -0.02 | | 15YR FNMA 3.0 | 105.52 | -0.05 | | 15YR FNMA 2.5 | 104.83 | +0.05 |
| 2 YR | 0.1949% | -0.0057 | | 5 YR | 0.3311% | +0.0113 | | 10 YR | 0.7084% | +0.0427 | | 30 YR | 1.4594% | +0.0588 | | Prices as of: 6/12/2020 5:01PM 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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