Wednesday May 20, 2020 MND NewsWire - 10:44AM Vast Majority of Forbearances Going to Those Who Don't Need Them With the number of homeowners under forbearance plans nearing 10 percent of all of those having a mortgage, a Lending Tree survey indicates that most of those borrowers did not actually ... Mortgage Rate Watch - 5:53PM Another Week, Another Trip to All-Time Lows For Mortgage Rates Mortgage rates fell again today. Whereas yesterday's improvements arrived in choppy fashion only after many lenders quoted higher rates in the morning. Today's improvement was more ... MBS Commentary - 9:50AM MBS Day Ahead: What is MBS 'Outperformance' And Why Are We Seeing It? I've been mentioning MBS outperformance and underperformance quite a bit recently, but what do these terms really mean and why do we care? First off, we always care about strength and ... Broker, Correspondent, LOS, CRM Products; Agency Shifts; Remember Non-QM? A Silver Lining in Mortgage Apps? Purchases Continue to Grow; Forbearance Requests Slow Latest Video More News from 'Around the Web' Reuters - 4:22PM U.S. housing finance regulator unveils new capital framework for Fannie, Freddie Reuters - 3:08PM S&P 500 hits two-month high on growing recovery hopes CNBC - 2:16PM Bidding wars in a pandemic? Housing is heating up fast CNBC - 2:15PM Federal Reserve releases meeting minutes from April meeting Reuters - 1:23PM WHO reports most coronavirus cases in a day as cases approach five million CNBC - 1:23PM Tax return filings crater as Americans are holding off until July 15 www.npr.org - 1:16PM About Half Of U.S. Homes Lost Wages During Pandemic, Census Bureau Finds Calculated Risk Blog - 12:00PM Census: Household Pulse Survey shows 47.5% of Households lost Income Calculated Risk Blog - 11:38AM U.S. Births decreased in 2019, "Lowest number of births since 1985" www.redfin.com - 9:41AM 41% of Redfin Offers Faced Bidding Wars in Late April, Early May Amid Coronavirus Pandemic CNBC - 9:12AM Dallas Fed President Robert Kaplan says more fiscal help will be needed including aid to states eyeonhousing.org - 8:49AM 22% of Builders Reduced Home Prices in April 2020 CNBC - 8:05AM Homebuilding stocks rise despite plunge in housing starts  how two traders would play the move | 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 | 3.41% | 0.33 | -0.02 | 15 Yr. Fixed | 2.88% | 0.27 | -0.04 | 30 Yr. Jumbo | 3.66% | 0.37 | -0.03 | 30 Yr. FHA | 3.46% | 0.33 | +0.09 | 5/1 ARM | 3.19% | -0.05 | -0.07 |
30 Yr. Fixed | 3.28% | 0.70 | +0.02 | 15 Yr. Fixed | 2.72% | 0.70 | -0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.18% | 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 | 105.02 | +0.06 | 30YR UMBS 3.5 | 105.39 | +0.09 | 30YR GNMA 3.0 | 106.16 | +0.13 | 30YR GNMA 3.5 | 107.20 | +1.59 | 15YR FNMA 3.0 | 105.42 | +0.03 | 15YR FNMA 2.5 | 104.52 | +0.23 |
2 YR | 0.1693% | +0.0021 | 5 YR | 0.3447% | +0.0096 | 10 YR | 0.6899% | -0.0016 | 30 YR | 1.4089% | -0.0052 | Prices as of: 5/20/2020 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 | |