Wednesday August 26, 2020 Mortgage Rate Watch - 4:05PM What's Going On With Mortgage Rates? A Definitive Guide As Of August 26th, 2020 With several major developments and interesting milestones in the mortgage world, I'm seeing a lot more confusion than normal. So let's clear it up without too many extra words or meaningless ... MND NewsWire - 8:13AM Purchase Applications Decline Even as Rates Move Lower Mortgage applications volume fell for the second time during the week ended August 21, declining 6.5 percent from the previous week according to the Mortgage Bankers Association's ... MBS Commentary - 4:21PM MBS RECAP: LLPA Impact vs Powell Speech. Time to Lock? LLPA Impact vs Powell Speech. Time to Lock? Much has been made (by news media... not bond market participants) of Powell's Jackson Hole (virtual) speech on Thursday. After all, a rethink ... MBS Day Ahead: The New Showdown In The Bond Market That Big Bad Fee on Refinances Has Been Delayed! Here's What It Means Latest Video More News from 'Around the Web' CNBC - 4:03PM The Fed is expected to use a new pandemic-era tool to fight a long-running battle against low inflation FHFA - 4:03PM FHFA Further Extends Buying Loans in Forbearance & COVID-Related Loan Processing Flexibilities CNBC - 1:22PM Dow vs S&P 500: Traders face off after Dow's most significant shake-up in years eyeonhousing.org - 9:01AM Multifamily Family Built-for-Rent Share Reaches New High Reuters - 8:27AM Framework review complete, Fed's Powell starts hard sell for higher inflation CNBC - 8:05AM As U.S. makes progress on the virus front, Peter Boockvar predicts inflation will become a serious headwind - with or without Fed involvement CNBC - 8:04AM Every American home is getting a flood risk score  and many are at higher risk than previously known | 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 | 3.11% | 0.38 | -0.02 | 15 Yr. Fixed | 0.00% | 0.00 | -2.73 | 30 Yr. Jumbo | 3.41% | 0.00 | +0.00 | 30 Yr. FHA | 0.00% | 0.00 | -3.16 | 5/1 ARM | 0.00% | 0.00 | -2.95 |
30 Yr. Fixed | 2.99% | 0.80 | +0.03 | 15 Yr. Fixed | 2.54% | 0.70 | +0.08 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.91% | 0.30 | +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 | 105.30 | +0.08 | 30YR UMBS 3.5 | 105.36 | +0.06 | 30YR GNMA 3.0 | 104.97 | +0.06 | 30YR GNMA 3.5 | 105.00 | +0.02 | 15YR UMBS 3.0 | 104.88 | +0.03 | 15YR UMBS 2.5 | 104.80 | +0.03 |
2 YR | 0.1524% | -0.0010 | 5 YR | 0.2884% | -0.0079 | 10 YR | 0.6884% | +0.0001 | 30 YR | 1.4083% | +0.0103 | Prices as of: 8/26/2020 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 | |