Friday March 5, 2021 Mortgage Rate Watch - 5:27PM Rates Rising Relentlessly, But Why? And When Will They Stop? Interest rates can't seem to catch a break. February was one of only a handful of months in the past 2 decades that resulted in a 0.50% mortgage rate spike. Despite hopes to the contrary ... MND NewsWire - 11:43AM Rate of Forbearance Improvement Slows as March Expiration Looms As Black Knight has repeatedly predicted, end of February expirations drove the number of mortgage loans in forbearance lower this past week. There was a decline of 22,000 loans in ... MND NewsWire - 11:54AM UI Urges Abandoning New Fannie/Freddie Amendments A new policy paper from the Urban Institute (UI) looks at the recent amendments to the senior preferred stock purchase agreement (PSPA) agreed to by outgoing Treasury Secretary Steven ... MBS Commentary - 10:30AM MBS Day Ahead: Huge Jobs Report; Bonds Weaker, But Surprisingly Resilient to Start Today began with Nonfarm Payrolls coming in at 379k vs 182k forecast. Last month's numbers were revised up to 166k from 49k. The unemployment rate ticked down a hair without being offset ... CFPB Extends Compliance Date for New QM Rule Recruiting, Training, MLO, AE Jobs; DPA, Tech Products; Principals and Attorneys Weigh in on Wholesale Tumult; Strong Jobs Data! Latest Video | 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 | 3.23% | 0.48 | +0.15 | 15 Yr. Fixed | 2.64% | 0.39 | +0.08 | 30 Yr. Jumbo | 3.33% | 0.41 | +0.10 | 30 Yr. FHA | 3.19% | 0.30 | +0.19 | 5/1 ARM | 2.84% | 0.58 | +0.01 |
30 Yr. Fixed | 3.02% | 0.60 | +0.05 | 15 Yr. Fixed | 2.34% | 0.70 | +0.00 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.73% | 0.30 | -0.26 | 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 | 100.72 | +0.30 | 30YR UMBS 2.5 | 103.50 | +0.27 | 30YR GNMA 2.0 | 101.47 | +0.28 | 30YR GNMA 2.5 | 103.47 | +0.30 | 15YR UMBS 2.0 | 103.27 | +0.13 | 15YR UMBS 2.5 | 104.50 | +0.13 |
2 YR | 0.1408% | -0.0059 | 5 YR | 0.7870% | +0.0053 | 10 YR | 1.5574% | +0.0003 | 30 YR | 2.2890% | -0.0307 | Prices as of: 3/5/2021 3:18PM 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 | |