Friday May 7, 2021 MND NewsWire - 11:37AM What's Behind the Surge in Lumber Prices? In a recent post on the National Association of Home Builder's (NAHB's) Eye on Housing blog, chief economist Paul Emrath said rising softwood lumber prices have added $35,872 to the ... MND NewsWire - 10:15AM Forbearance Exits Soar as More Plans Expire There was a sharp decline in the number of loans in forbearance during the week ended May 4. Black Knight says this has come to be the norm during the early weeks of each month. Overall ... Mortgage Rate Watch - 7:32PM Rates Reacted to Jobs Report, But Not Like You'd Expect Once a month, the government releases the Employment Situation, also known as "the jobs report." No other piece of economic data is as consistently relevant for the bond market and ... MBS RECAP: Bonds Fail to Capitalize on Super Weak Jobs Report Accounting, Ops, MLO Jobs; AMC, Lead, Warehouse Products; Financial Transparency; Employment Figures Sink Rates Latest Video More News from 'Around the Web' Calculated Risk Blog - 3:36PM AAR: April Rail Carloads down 10.1%, Intermodal Up 10.4% Compared to 2019 Reuters - 2:23PM Yellen says U.S. debt ceiling could pinch in summer Reuters - 12:39PM Biden says jobs report underscores need for his economic policies CNBC - 12:13PM Watch live: Treasury Secretary Janet Yellen discusses the April jobs report CNBC - 10:16AM Homebuyers are the most pessimistic they've been in a decade thanks to tight supply, high prices CNBC - 9:13AM Inflation watch: Why the Fed is paying close attention to this chart Fannie Mae - 8:48AM HPSI Dips as Consumers' Pessimism Toward Homebuying Conditions Sets Survey Record CNBC - 8:37AM U.S. added just 266,000 jobs in April, and March payrolls revised lower CNBC - 8:08AM April jobs expected to top 1 million as consumers boost the economy CNBC - 8:08AM Treasury yields climb ahead of key April jobs report | Today's Rates Average Mortgage Rates 30 Yr. Fixed | 3.17% | 0.30 | -0.03 | 15 Yr. Fixed | 2.55% | 0.30 | -0.10 | 30 Yr. Jumbo | 3.28% | 0.30 | -0.06 | 30 Yr. FHA | 3.12% | 0.24 | -0.03 | 5/1 ARM | 2.59% | 0.47 | -0.08 |
30 Yr. Fixed | 2.96% | 0.60 | -0.02 | 15 Yr. Fixed | 2.30% | 0.60 | -0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.70% | 0.30 | +0.06 | 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 | 101.27 | +0.08 | 30YR UMBS 2.5 | 104.05 | +0.05 | 30YR GNMA 2.0 | 102.08 | -0.06 | 30YR GNMA 2.5 | 103.84 | 0.00 | 15YR UMBS 2.0 | 103.41 | +0.06 | 15YR UMBS 2.5 | 104.50 | +0.05 |
2 YR | 0.1468% | -0.0098 | 5 YR | 0.7741% | -0.0288 | 10 YR | 1.5788% | +0.0092 | 30 YR | 2.2808% | +0.0398 | Prices as of: 5/7/2021 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 | |