Wednesday June 17, 2020 MND NewsWire - 8:13AM Purchase Applications Hit 11yr High, Refi Boom Continues Mortgage Application volumes continued to grow during the week ended June 12 as mortgage rates reached new lows and states allowed more businesses to reopen. The Mortgage Bankers Association ... MND NewsWire - 10:10AM New Home Construction is Officially Picking Back Up Residential construction numbers climbed in May after their pandemic-driven collapse in April. The Census Bureau and the Department of Housing and Urban Development report that both ... MND NewsWire - 3:13PM CFPB Attempts to Clarify Servicer Credit Reporting Requirements There has apparently been considerable confusion regarding servicer obligations to report to credit agencies regarding loans in forbearance. The original guidance issued to servicers ... MBS Commentary - 8:35AM MBS Day Ahead: Stocks and Bonds Both Waiting For an Opportunity Perspective is always important when considering market movement. Most decent charting software or any responsibly-created custom chart will scale the charted line to fill up most of ... Mortgage Rates Mostly Steady as Markets Wait For Info MBS RECAP: Which Way Do We Go? CRM, Processing, Buyback Insurance Products; COVID, the CFPB, Credit Reports, and Rates Latest Video More News from 'Around the Web' Reuters - 4:02PM Fed's Powell beats drum for more government aid to bolster economy Calculated Risk Blog - 4:02PM Quarterly Housing Starts by Purpose and Design Reuters - 2:46PM S&P 500, Dow muted as rising COVID-19 cases dent recovery hopes CNBC - 1:04PM The Fed will move away from ETFs to direct corporate bond purchases, Powell says www.redfin.com - 12:40PM 7 Home Inspection Nightmares and How to Fix Them Reuters - 12:40PM Powell repeats Fed to use full range of tools to aid economy Reuters - 9:45AM Wall Street opens higher on hopes of swift economic recovery CNBC - 7:56AM Fed's unprecedented support for stocks pushes James Bianco out of the bear camp, sees potential for new record highs Reuters - 7:55AM Record spike in new coronavirus cases reported in six U.S. states as reopening accelerates www.npr.org - 7:49AM The Rich Have Stopped Spending And That's Tanked The Economy Reuters - 7:48AM Futures inch higher on hopes of quick economic revival CNBC - 7:47AM 30% of Americans missed their housing payments in June CFPB - 7:46AM CFPB Issues Credit Reporting FAQs Relating to COVID and The CARES Act CNBC - 7:45AM Homebuyer mortgage demand spikes to 11-year high, as rates hit another record low | 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 | 3.37% | 0.30 | -0.05 | 15 Yr. Fixed | 2.85% | 0.27 | -0.02 | 30 Yr. Jumbo | 3.66% | 0.30 | -0.05 | 30 Yr. FHA | 3.46% | 0.23 | +0.05 | 5/1 ARM | 3.05% | 0.25 | -0.03 |
30 Yr. Fixed | 3.21% | 0.90 | +0.03 | 15 Yr. Fixed | 2.62% | 0.80 | +0.00 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.10% | 0.40 | +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 | 105.14 | -0.09 | 30YR UMBS 3.5 | 105.19 | -0.08 | 30YR GNMA 3.0 | 105.45 | -0.14 | 30YR GNMA 3.5 | 105.59 | -0.13 | 15YR FNMA 3.0 | 105.25 | -0.09 | 15YR FNMA 2.5 | 104.53 | -0.06 |
2 YR | 0.1972% | +0.0001 | 5 YR | 0.3440% | +0.0080 | 10 YR | 0.7347% | -0.0066 | 30 YR | 1.5267% | -0.0034 | Prices as of: 6/17/2020 4:50PM 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 | |