Monday February 22, 2021 MBS Commentary - 5:00PM MBS RECAP: Rates Are In Big Trouble, But Why? Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn't go any higher, they did. New intraday highs of 1.394% in 10yr yields, and ... Mortgage Rate Watch - 6:06PM February Easily The Worst Month For Rates in Long Time There are still 4 business days left in the month of February and thus still 4 days for the bond market to undergo an epic recovery that helps mortgage rates come back down. But traders ... Pipeline Press - 10:07AM MLO, Ops Management Jobs; Performance, Pricing, Analytics, Home Equity Products; Freddie/Fannie Changes What do we have to look forward to? The next Federal holiday isn’t until the end of May (Memorial Day). There’s Easter, a month and a half away (April 4), and most states’ ... MBS Week Ahead: Battle to Find a Rate Ceiling Continues Existing Home Sales Rise, But Inventories Hamper Results Latest Video More News from 'Around the Web' CNBC - 3:15PM More Americans are looking to move as remote work gains acceptance during Covid pandemic Reuters - 3:14PM Nasdaq, S&P 500 fall, pressured by rising U.S. Treasury yields CNBC - 3:14PM House panel advances $1.9 trillion Covid relief bill as Democrats move toward passage this week CNBC - 2:06PM Market nervousness growing over Powell's testimony to Congress this week Reuters - 1:23PM Explainer: U.S. Treasury's cash drawdown - and why markets care Calculated Risk Blog - 11:45AM Housing Inventory Feb 22nd Update: At Record Lows Reuters - 10:50AM Yellen says to judge Biden stimulus on speed of return to pre-pandemic unemployment CNBC - 8:05AM Treasury yields climb amid economic recovery hopes | 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 | 2.85% | 0.33 | -0.05 | 15 Yr. Fixed | 2.49% | 0.29 | -0.02 | 30 Yr. Jumbo | 3.12% | 0.33 | -0.08 | 30 Yr. FHA | 2.96% | 0.42 | -0.01 | 5/1 ARM | 2.58% | 0.36 | -0.02 |
30 Yr. Fixed | 2.81% | 0.70 | +0.08 | 15 Yr. Fixed | 2.21% | 0.70 | +0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.77% | 0.20 | -0.02 | 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 2.0 | 101.25 | -0.44 | 30YR UMBS 2.5 | 103.91 | -0.42 | 30YR GNMA 2.0 | 101.98 | -0.45 | 30YR GNMA 2.5 | 103.75 | -0.42 | 15YR UMBS 2.0 | 103.47 | -0.30 | 15YR UMBS 2.5 | 104.56 | -0.20 |
2 YR | 0.1149% | +0.0061 | 5 YR | 0.6002% | +0.0228 | 10 YR | 1.3687% | +0.0290 | 30 YR | 2.1793% | +0.0444 | Prices as of: 2/22/2021 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 | |