Monday May 4, 2020 MND NewsWire - 9:08AM Here's How The Pandemic Affected Housing/Mortgage Markets in March Black Knight's new Mortgage Monitor restates some of the statistics on COVID-19 related forbearance plans it released late last week - i.e. that the number of those plans had reached ... Mortgage Rate Watch - 5:04PM Cost of Imperfection Remains High in The Mortgage World Mortgage rates moved off their recent lows to start the new week, but only slightly. That keeps the average lender very close to the lowest rates in roughly 2 months. It also keeps ... MND NewsWire - 4:27PM Forbearance Problem Remains Huge, But The Pace is Slowing The Mortgage Bankers Association (MBA) has confirmed the findings that Black Knight reported on Monday morning that, while the number of forbearances in effect as a result of the COVID ... MBS Commentary - 10:28AM MBS Week Ahead: Behold The Fed's Giant Tranquilizer Gatling Gun The Federal Reserve's capacity and willingness to engage in aggressive easing measures is often described as a "bazooka." This likens it to an imprecise and indiscriminate weapon of ... Healthcare and Public Safety Expenditures Boost Construction in April LO Jobs; CRM, Audit, Doc Products; Upcoming Events and Training Latest Video More News from 'Around the Web' Reuters - 4:54PM Internal U.S. document foresees surge of coronavirus deaths, NY Times says Reuters - 3:59PM California governor says some businesses may begin reopening this week CNBC - 3:03PM US Treasury seeks to borrow a record $3 trillion this quarter CNBC - 2:46PM Businesses continue to apply for a PPP loan. Forgiveness remains uncertain Reuters - 2:22PM New York governor outlines reopening plan with construction, manufacturing first CNBC - 2:11PM Unemployment benefits will be reduced after July 31 finance.yahoo.com - 1:05PM Dirt-Cheap U.S. Mortgages Thwarted by $5 Billion in Margin Calls CNBC - 12:00PM Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store Calculated Risk Blog - 11:42AM Update: Framing Lumber Future Prices Mostly Unchanged Year-over-year eyeonhousing.org - 10:05AM Affordability Expectations Show No Improvement among Home Buyers Calculated Risk Blog - 9:37AM BEA: April Vehicles Sales decreased to 8.6 Million SAAR, Lowest in 50 Years Reuters - 9:37AM U.S. Treasury's Mnuchin cautious on need for more federal coronavirus relief aid CNBC - 8:31AM Small business confidence crashes, revealing more Main Street carnage may lie ahead Reuters - 8:08AM For Fed Chair Powell, March was pure madness as coronavirus response intensified Calculated Risk Blog - 8:05AM Black Knight Mortgage Monitor for March; Discussion of Forebearance Plans | 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 | 3.43% | 0.34 | -0.02 | 15 Yr. Fixed | 2.98% | 0.28 | -0.05 | 30 Yr. Jumbo | 3.72% | 0.00 | -0.09 | 30 Yr. FHA | 0.00% | 0.00 | -3.33 | 5/1 ARM | 0.00% | 0.00 | -3.29 |
30 Yr. Fixed | 3.23% | 0.70 | -0.10 | 15 Yr. Fixed | 2.77% | 0.60 | -0.09 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.14% | 0.40 | -0.14 | 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 | 105.53 | +0.02 | 30YR UMBS 3.5 | 105.53 | -0.08 | 30YR GNMA 3.0 | 106.45 | -0.08 | 30YR GNMA 3.5 | 106.89 | +1.64 | 15YR FNMA 3.0 | 105.41 | 0.00 | 15YR FNMA 2.5 | 104.47 | 0.00 |
2 YR | 0.1841% | -0.0137 | 5 YR | 0.3608% | +0.0079 | 10 YR | 0.6305% | +0.0124 | 30 YR | 1.2771% | +0.0240 | Prices as of: 5/4/2020 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 | |