Thursday July 23, 2020 MND NewsWire - 10:24AM Forbearance Penalties Are Making Things Harder for Low-FICO, First-time Borrowers The Urban Institute (UI) is speculating that a new penalty imposed on loan originators and arising out of the COVID-19 forbearance plans is beginning to significantly tighten the credit ... Mortgage Rate Watch - 5:01PM Mortgage Rates Struggling to Set New Records Mortgage rates improved almost imperceptibly this morning compared to yesterday afternoon. With that, the average lender was just a hair below the previous all-time lows, but by an ... MBS Commentary - 4:15PM MBS RECAP: Rates Having a Tough Time Breaking Lower, At Least For Now Rates Having a Tough Time Breaking Lower, At Least For Now We've been following .58% in 10yr yields for months as the best candidate for the bottom of "the range." Now that mortgage ... Underwriting, Forbearance, One-time Close, Marketing Tools; Loan Processing Changes MBS Day Ahead: Bond Yields Trying to Break a Floor. How Important is it? Latest Video More News from 'Around the Web' www.redfin.com - 4:41PM Home Sellers' Asking Prices up 13% from Last Year as Demand Keeps Soaring Calculated Risk Blog - 4:41PM NMHC: "July Apartment Market Conditions Showed Continued Impact of COVID-19 Outbreak" CNBC - 3:05PM Romney reportedly will vote against controversial Fed nominee Judy Shelton CNBC - 1:00PM $600 in extra unemployment would fall to $200 or $300 a week, under Mnuchin plan CNBC - 11:42AM Mnuchin says GOP plan for unemployment extension will be based on '70% wage replacement' CNBC - 11:38AM July jobs report could show no progress and even losses, as virus spreads Calculated Risk Blog - 11:38AM Hotels: Occupancy Rate Declined 39% Year-over-year eyeonhousing.org - 11:02AM Expectations for Housing Availability See Slight Improvement CNBC - 9:10AM This is the average unemployment insurance payment in every U.S. state without the extra $600 in federal aid CNBC - 8:33AM U.S. weekly jobless claims total 1.416 million, vs 1.3 million expected CNBC - 8:33AM This zero-down payment mortgage helps lower-income people become homeowners www.redfin.com - 8:25AM More than 27% of Homebuyers Are Searching Out of Town, with Phoenix, Sacramento and Las Vegas the Most Popular Destinations www.realtor.com - 8:05AM Home Sellers Pocketed Record Profits as the Coronavirus Pandemic Surged in the U.S. | 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 | 3.26% | 0.35 | -0.03 | 15 Yr. Fixed | 2.77% | 0.32 | -0.04 | 30 Yr. Jumbo | 3.52% | 0.36 | -0.07 | 30 Yr. FHA | 3.31% | 0.24 | -0.12 | 5/1 ARM | 2.98% | 0.10 | -0.06 |
30 Yr. Fixed | 3.01% | 0.80 | +0.03 | 15 Yr. Fixed | 2.54% | 0.70 | +0.06 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.09% | 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 3.0 | 105.36 | -0.08 | 30YR UMBS 3.5 | 105.31 | -0.03 | 30YR GNMA 3.0 | 105.38 | +0.09 | 30YR GNMA 3.5 | 104.89 | -0.06 | 15YR UMBS 3.0 | 104.83 | -0.09 | 15YR UMBS 2.5 | 104.78 | -0.20 |
2 YR | 0.1533% | +0.0000 | 5 YR | 0.2691% | -0.0064 | 10 YR | 0.5774% | -0.0230 | 30 YR | 1.2324% | -0.0657 | Prices as of: 7/23/2020 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 | |