Thursday April 23, 2020 Mortgage Rate Watch - 6:23PM Mortgage Rates at Lowest Levels in Several Weeks Let's get caveats out of the way upfront. No conversation about mortgage rates would be complete without a reminder that some lenders are very far removed from the averages. Moreover ... MBS Commentary - 10:03AM MBS Day Ahead: How Long Before Forbearance Premium is Priced Out of Rates? I'm making an executive decision. It's time to simplify the discussion even more than we already have when it comes to what's freaking the mortgage market out. (If you're not up to ... MND NewsWire - 2:21PM What's Working and What Needs to Change For Mortgage Process -Urban Institute Two Urban Institute (UI) researchers pose a pertinent question in a recent paper. Laurie Goodman and Aaron Klein ask, "What is the purpose of the Fed lowering short term rates to zero ... MND NewsWire - 11:59AM Covid Impacts New Home Sales, Largest Decline in 7 Years The Census Bureau and Department of Housing and Urban Development's report on new home sales in March is the first real time indication of the impact the COVID-19 mitigation is having ... Sales, Marketing, Cap. Mkts. Products; Agencies and Forbearance Loan Purchases Today's FHFA Announcement is Not The Solution The Mortgage Market Was Looking For Latest Video More News from 'Around the Web' www.redfin.com - 4:55PM Six Charts That Show the Latest Trends in the Housing Market CNBC - 4:54PM An unemployment rate of 23%? The real jobless picture is coming together Reuters - 4:54PM U.S. House to pass $500 billion coronavirus bill as next fight looms CNBC - 1:21PM Housing demand may have started to bounce back from coronavirus impact Reuters - 1:20PM Wall Street pares gains on report of potential coronavirus drug failing trial Reuters - 12:37PM Some Americans going back to work, even as virus erases more jobs www.redfin.com - 12:28PM Requests for Video-Chat Tours Surge 350% Calculated Risk Blog - 11:03AM Kansas City Fed: "Tenth District Manufacturing Activity Decreased Further" in April, Lowest Reading on Record Reuters - 10:43AM U.S. new home sales fall sharply in March www.redfin.com - 9:54AM Let Yourself In. Redfin Launches Self-Tour Feature for Vacant Listings CNBC - 9:18AM Leon Cooperman says the coronavirus crisis will change capitalism forever and taxes have to go up CNBC - 8:36AM US weekly jobless claims hit 4.4 million, bringing 5-week total to more than 26 million Reuters - 8:14AM Futures retreat ahead of jobless claims, business activity data Reuters - 8:04AM U.S. House to pass nearly $500 million more in coronavirus relief | 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 | 3.45% | 0.29 | +0.00 | 15 Yr. Fixed | 3.03% | 0.33 | -0.01 | 30 Yr. Jumbo | 3.81% | 0.34 | +0.01 | 30 Yr. FHA | 3.33% | 0.19 | -0.12 | 5/1 ARM | 3.29% | -0.15 | -0.05 |
30 Yr. Fixed | 3.33% | 0.70 | +0.02 | 15 Yr. Fixed | 2.86% | 0.70 | +0.06 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.28% | 0.30 | -0.06 | 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 | 105.47 | +0.08 | 30YR UMBS 3.5 | 105.67 | +0.11 | 30YR GNMA 3.0 | 106.14 | +0.08 | 30YR GNMA 3.5 | 106.72 | +0.25 | 15YR FNMA 3.0 | 105.47 | +0.22 | 15YR FNMA 2.5 | 104.34 | +0.16 |
2 YR | 0.2211% | +0.0058 | 5 YR | 0.3705% | +0.0064 | 10 YR | 0.6031% | -0.0144 | 30 YR | 1.1809% | -0.0337 | Prices as of: 4/23/2020 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: 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 | |