Friday May 15, 2020 MBS Commentary - 9:17AM MBS Day Ahead: Pieces Falling Into Place For Mortgage Market As recently as April 21st, the fate of the mortgage market was still highly uncertain and that uncertainty was readily apparent in the ridiculously wide gap between mortgage rates and ... Mortgage Rate Watch - 4:34PM Lowest Rates Ever! (Until Next Week?) As of yesterday, we knew mortgage rates were already in line with their lowest levels ever . It wouldn't have taken much to set the record today and indeed that's exactly what happened ... MND NewsWire - 10:42AM MBA Says Buyers Will Return by Summer as Lockdown Ends The Mortgage Bankers Association (MBA) says applications for financing new home purchases were down 25 percent in April compared to March and by 12 percent year-over-year. This data ... MND NewsWire - 9:10AM Forbearance Volume Continues, but at a Slower Pace In its May 5 report on the number of COVID-19 forbearance plans in effect, Black Knight said the rate of new plans had slowed , but speculated they could pick up again as the May mortgage ... Fannie Says Q2 Will be Tough, but Housing, Healthcare Should Bolster Recovery Ops Jobs; Business Opportunities; AMC Products; Yesterday's Agency Changes Latest Video More News from 'Around the Web' CNBC - 4:45PM Real estate CEO says NYC will overcome crisis  the city's obituary 'has been written many times' Reuters - 4:34PM S&P ends higher after gyrations on reopening optimism, weak data, trade woes Reuters - 3:13PM In patchwork restart, parts of New York and other U.S. states reopen Calculated Risk Blog - 2:40PM NMHC: Rent Payment Tracker Finds 87.7 Percent Paid Rent as of May 13th CNBC - 2:18PM GDP could decline by 42% in the second quarter, according to the Atlanta Fed eyeonhousing.org - 1:36PM Single-Family Permits Were Solid in March Calculated Risk Blog - 12:47PM NY Fed: Manufacturing "Business activity continued to deteriorate significantly in New York State" CNBC - 12:23PM House aims to pass a $3 trillion coronavirus relief package Friday CNBC - 12:22PM Mortgage rates just hit another record low Reuters - 12:05PM Take Five: ZIRP to NIRP, a jump policymakers must consider Calculated Risk Blog - 10:21AM BLS: Job Openings decreased to 6.2 Million in March CNBC - 10:07AM Consumer sentiment for May comes in at 73.7, vs 65 estimated CNBC - 10:02AM Manhattan new rentals plunge 71% as coronavirus freezes the market CNBC - 8:33AM Retail sales plunge a record 16.4% in April, vs 12.3% drop expected CFPB - 8:03AM What you need to know if you are thinking about using home equity to cover expenses during the coronavirus pandemic Reuters - 8:03AM U.S. House aims to pass $3 trillion Democratic coronavirus bill rejected by Republicans | 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 | 3.43% | 0.29 | +0.03 | 15 Yr. Fixed | 0.00% | 0.00 | -2.93 | 30 Yr. Jumbo | 0.00% | 0.00 | -3.69 | 30 Yr. FHA | 0.00% | 0.00 | -3.37 | 5/1 ARM | 0.00% | 0.00 | -3.20 |
30 Yr. Fixed | 3.28% | 0.70 | +0.02 | 15 Yr. Fixed | 2.72% | 0.70 | -0.01 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.18% | 0.30 | +0.01 | 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 | 104.83 | -0.19 | 30YR UMBS 3.5 | 105.31 | -0.20 | 30YR GNMA 3.0 | 105.77 | -0.20 | 30YR GNMA 3.5 | 106.92 | -0.11 | 15YR FNMA 3.0 | 105.38 | -0.05 | 15YR FNMA 2.5 | 104.41 | -0.16 |
2 YR | 0.1511% | +0.0021 | 5 YR | 0.3113% | +0.0110 | 10 YR | 0.6460% | +0.0291 | 30 YR | 1.3260% | +0.0357 | Prices as of: 5/15/2020 4:48PM 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 | |