Monday April 13, 2020 MND NewsWire - 5:38PM More Than a Million Forbearances Already The Mortgage Bankers Association (MBA) says the surge in unemployment claims filed since mid-March resulting from the mitigation efforts to slow the spread of COVID-19 are straining ... MND NewsWire - 11:49AM Black Knight's Deep Dive Part 3: How Housing and Mortgages Move On In this third article summarizing an analysis by Black Knight of the potential impacts of the COVID-19 pandemic housing the company looks at mortgage defaults and servicing. It also ... Mortgage Rate Watch - 5:06PM 1 Step Forward and 2 Back For Mortgage Rates Mortgage rates have been volatile and unpredictable to say the least. Some of this has to do with overall market volatility surrounding the market's reaction to new realities presented ... MND NewsWire - 8:28AM Ginnie Mae Will Advance Investor Payments on Non-Current Loans The list of things for the housing industry to worry about in the current COVID-19 emergency has been growing steadily over the last few weeks, but a memo from Ginnie Mae may have eased ... MBS Week Ahead: This Week's Econ Forecasts Are Sobering Millennials and How They've Changed Housing SBA PPP, Processing Products; Ginnie's Issuer Assistance; Banks' Stress Test Changes; Forbearance Policies Latest Video More News from 'Around the Web' CNBC - 4:26PM Borrower requests for government's coronavirus mortgage bailout jump 78% in one week www.realtor.com - 1:59PM The Mortgage Industry Is Facing a Crisis Because of the CoronavirusÂand Borrowers Could Fall Through the Cracks freddiemac.gcs-web.com - 1:41PM Freddie Mac Quarterly Forecast: The Housing Market Faces Challenges Amid Economic Uncertainty www.apartmentlist.com - 1:05PM Nearly One-Quarter of Americans Couldn't Pay Their April Housing Bill CNBC - 12:50PM Here's why it's suddenly much harder to get a mortgage, or even refinance Calculated Risk Blog - 12:49PM What is a Recession? What is a Depression? NY Fed - 11:37AM New York Fed purchases $16.000 billion in Treasury coupons eyeonhousing.org - 10:49AM Southwest Led GDP Growth In 2019 Reuters - 10:48AM U.S. coronavirus outbreak could peak this week, CDC director says Calculated Risk Blog - 10:07AM Black Knight Mortgage Monitor for Febuary; "Unemployment Spike Triggering Surge in Mortgage Forbearance Requests" CNBC - 9:21AM Mark Cuban: 'Banks are playing' games on loans, leaving small businesses 'out in the cold' Reuters - 8:13AM Oil prices turn negative after early gains on record output cut freddiemac.gcs-web.com - 8:08AM Freddie Mac Announces Enhanced Relief for Borrowers Impacted by COVID-19 Today's Comments | | MBS Commentary - 8:32AM "One of the best explanations for what's going on I've seen."Forbearance for everyone" is simply not sustainable, and will ultimately hurt those who need it most as they sit on the phone for hours trying to reach their servicer because those who can pay it are asking for a payment holiday. Demonizing..." |
| 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 | 3.57% | 0.26 | -0.16 | | 15 Yr. Fixed | 3.03% | 0.24 | -0.15 | | 30 Yr. Jumbo | 3.72% | 0.20 | +0.00 | | 30 Yr. FHA | 3.74% | 0.25 | -0.10 | | 5/1 ARM | 3.12% | 0.14 | -0.09 |
| 30 Yr. Fixed | 3.33% | 0.70 | +0.00 | | 15 Yr. Fixed | 2.77% | 0.60 | -0.05 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.40% | 0.30 | +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 | 105.34 | -0.48 | | 30YR UMBS 3.5 | 105.77 | -0.19 | | 30YR GNMA 3.0 | 106.27 | -0.31 | | 30YR GNMA 3.5 | 107.14 | -0.13 | | 15YR FNMA 3.0 | 105.09 | -0.23 | | 15YR FNMA 2.5 | 104.14 | -0.22 |
| 2 YR | 0.2492% | +0.0178 | | 5 YR | 0.4553% | +0.0444 | | 10 YR | 0.7697% | +0.0411 | | 30 YR | 1.4011% | +0.0482 | | Prices as of: 4/13/2020 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 |
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