Tuesday May 12, 2020 MND NewsWire - 12:23PM Pre-Lockdown Home Prices Increase by Double-Digits in Some Metros Home prices really ramped up in the first quarter of 2020 as inventory failed to make significant gains. The National Association of Realtors® (NAR) said the median single-family ... MND NewsWire - 9:04AM Calm Before the Storm: Delinquency Rates Hit New Lows in February CoreLogic's Loan Performance Insights Report has shown only incremental changes, primarily declines, in most of its measures of delinquency. The most recent report, covering February ... MBS Commentary - 8:40AM MBS Day Ahead: Why Are MBS Prices So Much Lower This AM? 2.5 UMBS coupons last traded at 103.5 (103-16) yesterday. This morning, they are down to 103.31 (103-11), which is roughly a 20bp drop. But the charts on MBS only show them being down ... LO Jobs; Marketing, Docs, Loan Products; Lenders Continue to Combat Covid Mortgage Rates Start Strong But End Day Higher Latest Video More News from 'Around the Web' Reuters - 5:27PM Fed's Quarles defends decision to let banks maintain dividends Reuters - 4:55PM S&P 500 tumbles on fears of virus resurgence in economic reopening www.cfpb.gov - 4:47PM CFPB, FHFA, & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19 Calculated Risk Blog - 1:58PM Bloomberg Interview on Housing and COVID-19 CNBC - 12:43PM Some homeowners are getting mortgage bailouts by mistake, and it's keeping them from refinancing Reuters - 12:11PM U.S. Congress presses bank regulators on coronavirus assistance, oversight Calculated Risk Blog - 11:43AM Cleveland Fed: Key Measures Show Inflation Slowed in April Reuters - 11:12AM Trump again urges Fed to adopt negative U.S. interest rates Reuters - 10:18AM In U.S. Senate testimony, Fauci seen warning against easing coronavirus restrictions CNBC - 9:45AM US grocery costs jump the most in 46 years, led by rising prices for meat and eggs Calculated Risk Blog - 8:44AM BLS: CPI decreased 0.8% in April, Core CPI decreased 0.4% CNBC - 8:10AM The Fed is starting up its program to purchase corporate bond ETFs www.realtor.com - 8:04AM Homebuilders Are Now Offering Deals, Incentives on New Construction to Lure Buyers Reuters - 8:04AM U.S. Congress to quiz bank regulators on coronavirus rule-easing, assistance | 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 | 104.91 | +0.03 | 30YR UMBS 3.5 | 105.34 | +0.16 | 30YR GNMA 3.0 | 105.70 | -0.08 | 30YR GNMA 3.5 | 106.78 | +1.03 | 15YR FNMA 3.0 | 105.42 | +0.14 | 15YR FNMA 2.5 | 104.55 | +0.13 |
2 YR | 0.1668% | -0.0100 | 5 YR | 0.3258% | -0.0238 | 10 YR | 0.6667% | -0.0400 | 30 YR | 1.3739% | -0.0398 | Prices as of: 5/12/2020 5:05PM 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 | |