| Friday October 2, 2020 Mortgage Rate Watch - 8:00PM Rates Ignore Trump's Covid Diagnosis. Has The Bond Market Gone Crazy? After weeks of incredibly subdued volatility, the bond market (which dictates rates) is starting to show some signs of life, but not for the same old reasons. Inflation? Inflation is ... MND NewsWire - 11:31AM TRID Rule Has Helped Borrowers Understand Their Loans The TRID Rule has been in effect for exactly 5 years (October 3, 2015) and the Consumer Financial Protection Bureau (CFPB) has published an assessment of its effects and effectiveness ... MND NewsWire - 9:40AM Forbearances Increase For First Time in 6 Weeks The number of active COVID-19 related forbearance plans grew over the past week according to Black Knight's most recent survey on the subject. The number of mortgages in forbearance ... MBS Commentary - 4:31PM MBS RECAP: MBS Outperformance is Actually Helping Rates MBS Outperformance is Actually Helping Rates Overnight news of Trump's covid diagnosis caused some volatility in markets that was poised to help the bond market today, but upbeat headlines ... MBS Day Ahead: Trump's Covid Diagnosis is Not The Biggest Market Mover Controller, Ops, MLO Jobs; Training, SPOC, Non-QM, MERS Products; Bonds Little Changed Despite Uncertainty Latest Video More News from 'Around the Web' news.google.com - 4:35PM 'Massively concerning' jobs report sends a signal that the economic recovery could be fading - CNBC Calculated Risk Blog - 4:35PM Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly CNBC - 3:19PM Americans could face a long wait for more federal aid if current stimulus talks fail www.redfin.com - 1:42PM Condo Prices Climb 5.4% in August, Lagging 11.9% Growth for Single-Family Homes CNBC - 8:39AM U.S. jobs rose by 661,000 in September, vs. 800,000 estimate news.google.com - 8:17AM Consumers draw their cushions aggressively in September: Morning Brief CNBC - 8:01AM Number of mortgages in coronavirus bailout program jumps 21,000 after declining for six straight weeks CNBC - 8:01AM Manhattan apartment sales tumble 46%, leaving 10,000 unsold apartments | 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 | 3.10% | 0.52 | +0.05 | | 15 Yr. Fixed | 2.65% | 0.49 | +0.01 | | 30 Yr. Jumbo | 3.33% | 0.39 | -0.02 | | 30 Yr. FHA | 3.15% | 0.43 | -0.08 | | 5/1 ARM | 2.95% | 0.55 | -0.24 |
| 30 Yr. Fixed | 2.88% | 0.80 | -0.02 | | 15 Yr. Fixed | 2.36% | 0.70 | -0.04 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 2.90% | 0.20 | +0.00 | 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 | 104.66 | -0.03 | | 30YR UMBS 3.5 | 105.44 | -0.02 | | 30YR GNMA 3.0 | 104.14 | -0.06 | | 30YR GNMA 3.5 | 104.30 | +0.42 | | 15YR UMBS 3.0 | 104.86 | +0.05 | | 15YR UMBS 2.5 | 104.38 | -0.03 |
| 2 YR | 0.1329% | +0.0040 | | 5 YR | 0.2879% | +0.0127 | | 10 YR | 0.7038% | +0.0247 | | 30 YR | 1.4920% | +0.0368 | | Prices as of: 10/2/2020 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:
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