Friday February 26, 2021 Mortgage Rate Watch - 5:49PM Brutal Week For Rates But There's Hope (Hopefully) Rising rates have been on the menu for months, but the drama kicked into a higher gear this week. Maybe you heard about this? We've certainly been discussing it in recent newsletters ... MND NewsWire - 2:42PM Forbearances Post Typical Mid-Month Increase Black Knight reports a second increase in the number of loans in pandemic related forbearance plans in as many weeks. Forborne loans rose by 21,000 during the week ended February 23 ... MND NewsWire - 9:11AM Fannie/Freddie COVID Programs Extended to Match FHA, VA Deadlines Deadlines for COVID-19 related relief for borrowers with Fannie Mae and Freddie Mac (GSE) mortgages were extended by the Federal Housing Finance Agency (FHFA) for the second time in ... MND NewsWire - 9:15AM Freddie Mac's 12-Month Portfolio Growth Nears Half Trillion Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 16.1 percent in January compared to a 22.4 percent gain in December. The portfolio ... Lenders Hiring MLOs; Correspondent, Tech, Servicing, Tech Products; What you Should Know About Yesterday's Rate Move Pending Home Sales Post 5th Straight Loss Latest Video More News from 'Around the Web' CNBC - 1:28PM Art Cashin expects more stock pain as traders worry about Fed losing control of bond market Calculated Risk Blog - 1:27PM NY Times Upshot: "Where Have All the Houses Gone?" Reuters - 1:27PM U.S. CDC says trend of decline in COVID-19 cases may be stalling Reuters - 12:45PM Fiscal stimulus fires up U.S. consumer spending; inflation benign Calculated Risk Blog - 9:59AM Personal Income increased 10.0% in January, Spending increased 2.4% Federal Reserve - 9:59AM Clarida, U.S. Economic Outlook and Monetary Policy Calculated Risk Blog - 8:35AM Freddie Mac: Mortgage Serious Delinquency Rate decreased in January Reuters - 8:08AM Analysis: Global bond rout turns up the heat on central banks Reuters - 8:06AM U.S. House on verge of approving Biden's $1.9 trillion COVID-19 aid bill CNBC - 8:06AM Bank of England official warns inflationary 'tiger' has awoken, sending bond yields higher | 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 | 3.08% | 0.46 | +0.10 | 15 Yr. Fixed | 2.56% | 0.40 | +0.09 | 30 Yr. Jumbo | 3.23% | 0.43 | +0.12 | 30 Yr. FHA | 3.00% | 0.33 | +0.07 | 5/1 ARM | 2.83% | 0.36 | +0.00 |
30 Yr. Fixed | 2.97% | 0.60 | +0.16 | 15 Yr. Fixed | 2.34% | 0.60 | +0.13 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.99% | 0.10 | +0.22 | 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 | 100.98 | +1.09 | 30YR UMBS 2.5 | 103.70 | +0.86 | 30YR GNMA 2.0 | 101.67 | +1.17 | 30YR GNMA 2.5 | 103.67 | +0.75 | 15YR UMBS 2.0 | 103.42 | +0.58 | 15YR UMBS 2.5 | 104.48 | +0.30 |
2 YR | 0.1289% | -0.0490 | 5 YR | 0.7297% | -0.0901 | 10 YR | 1.4066% | -0.1237 | 30 YR | 2.1542% | -0.1437 | Prices as of: 2/26/2021 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 | |