Tuesday June 22, 2021 MND NewsWire - 1:03PM May Marked Fourth Month of Decline for Existing Home Sales Existing home sales experienced their fourth consecutive decline in May . The National Association of Realtors® (NAR) said sales of previously owned single-family homes, townhouses ... MND NewsWire - 1:01PM Lumber Prices are Plummeting, but Still Historically Expensive Well, that turned on a dime. Lumber prices, which had risen more than exponentially during the pandemic and were a problem even before, have started dropping like a 2 x 12 of clear ... MBS Commentary - 5:05PM MBS RECAP: No Whammies From Powell. Bonds Like It No Whammies From Powell. Bonds Like It Today's only notable calendar item was the congressional testimony from Fed Chair Powell. He mainly stuck to the script, but elaborated a bit ... Reverse, Non-QM, Pricing, Work Flow, Products; STRATMOR and Customer Service; NOO and 2nd Home Agency Changes MBS Day Ahead: Waiting On Powell Testimony Latest Video More News from 'Around the Web' CNBC - 5:06PM Fed Chair Powell says it's 'very, very unlikely' the U.S. will see 1970s-style inflation Reuters - 4:47PM Fed will not raise rates on inflation fears alone, Powell says Calculated Risk Blog - 4:47PM MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.93%" Calculated Risk Blog - 1:31PM DOT: Vehicle Miles Driven Increased Sharply year-over-year in April Calculated Risk Blog - 10:21AM NAR: Existing-Home Sales Decreased to 5.80 million in May Reuters - 8:44AM U.S. lawmakers likely to press Powell on Fed's Âhawkish' turn CNBC - 8:09AM 10-year Treasury yield sits below 1.50% ahead of Fed Chair Powell's Congress testimony | 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 | 2.93% | 0.70 | -0.03 | 15 Yr. Fixed | 2.24% | 0.60 | +0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.52% | 0.30 | -0.03 | 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 | 100.77 | +0.28 | 30YR UMBS 2.5 | 103.23 | +0.20 | 30YR GNMA 2.0 | 101.63 | +0.33 | 30YR GNMA 2.5 | 102.98 | +0.16 | 15YR UMBS 2.0 | 102.88 | +0.14 | 15YR UMBS 2.5 | 104.06 | +0.03 |
2 YR | 0.2301% | -0.0262 | 5 YR | 0.8569% | -0.0308 | 10 YR | 1.4666% | -0.0305 | 30 YR | 2.0906% | -0.0294 | Prices as of: 6/22/2021 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 | |