| Wednesday May 6, 2020 Mortgage Rate Watch - 5:20PM Rates Are Still Low, But Let's Talk About Forbearances Mortgage rates moved slightly higher this week, but not enough to worry about too terribly much. Most lenders are still in the mid-to-low 3% range and there's not much fear about an ... MND NewsWire - 5:52PM FHFA Extends Emergency Loan Processing Changes The Federal Housing Finance Agency (FHFA) has extended several of the " flexibilities " it announced in March to assist mortgage originators in processing loans for Fannie Mae and Freddie ... MND NewsWire - 8:16AM Purchase Volume on Three-Week Winning Streak Applications for purchase mortgages increased for the third straight week, keeping overall activity during the week ended May 1 virtually unchanged from the previous week. Refinancing ... MBS Day Ahead: Can Bonds Weather Supply Storm? Warehouse, Pricing Products; Agency and Investor Changes; Rates Quiet Latest Video More News from 'Around the Web' CNBC - 2:36PM This is the jobs number that will show how fast the labor market can heal CNBC - 1:52PM Here's what you need to know about rent relief during the pandemic Reuters - 1:50PM Fed's lending programs aren't for insolvent oil drillers, Dallas Fed's Kaplan says CNBC - 11:58AM WHO says 'there can be no going back to business as usual' after coronavirus pandemic www.npr.org - 11:34AM EU Faces 'Recession Of Historic Proportions,' Economic Forecast Warns Calculated Risk Blog - 11:22AM Las Vegas Real Estate in April: Sales down 33% YoY, Inventory down 16% YoY CNBC - 10:53AM Small businesses loans are not going proportionately to the hardest hit areas, Fed study shows Reuters - 10:06AM As central banks break the junk debt barrier, investors will follow eyeonhousing.org - 10:05AM Time Spent Searching for a Home Continues to Rise home.treasury.gov - 8:49AM QUARTERLY REFUNDING STATEMENT OF DEPUTY ASSISTANT SECRETARY FOR FEDERAL FINANCE BRIAN SMITH Reuters - 8:48AM Fed's Bullard: Drop in U.S. payrolls 'not a surprise' given shutdowns - CNBC CNBC - 8:18AM US private payrolls drop by 20.2 million in April, the worst job loss in the history of ADP report Reuters - 8:06AM Fed policymakers see slow, uneven U.S. recovery after coronavirus downturn | 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 | 3.40% | 0.30 | -0.03 | | 15 Yr. Fixed | 2.93% | 0.29 | -0.05 | | 30 Yr. Jumbo | 3.69% | 0.34 | -0.03 | | 30 Yr. FHA | 3.37% | 0.20 | +3.37 | | 5/1 ARM | 3.20% | 0.36 | +3.20 |
| 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 | 105.42 | -0.13 | | 30YR UMBS 3.5 | 105.36 | -0.03 | | 30YR GNMA 3.0 | 106.23 | -0.23 | | 30YR GNMA 3.5 | 105.38 | -1.53 | | 15YR FNMA 3.0 | 105.31 | -0.08 | | 15YR FNMA 2.5 | 104.41 | -0.06 |
| 2 YR | 0.1803% | -0.0098 | | 5 YR | 0.3734% | -0.0016 | | 10 YR | 0.7094% | +0.0475 | | 30 YR | 1.4014% | +0.0677 | | Prices as of: 5/6/2020 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:
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