Monday April 20, 2020 Mortgage Rate Watch - 5:56PM Mortgage Rates Slightly Higher to Start The Week While the industry has come to terms with recent challenges in terms of day-to-day volatility, mortgage rates remain higher than they otherwise would be based on financial markets. ... MBS Commentary - 9:53AM MBS Week Ahead: Rates vs MBS vs Treasuries vs Stocks vs Oil This week is relatively limited in terms of economic data. We will get our first look at big home sales reports for March (both "New" and "Existing"), but those numbers are largely ... Pipeline Press - 9:31AM AE Jobs; Automation, Non-QM Products; Forbearance Primer: Loans Must be Repaid As oil prices plummet this morning, while in captivity, uninterrupted sleep is a good thing. I know for a fact that the staff of the Mortgage Bankers Association, including President ... Fannie Mae Predicts Short But Excruciating Downturn Forbearance Agreements Hitting Smaller Servicers Hard Latest Video More News from 'Around the Web' Reuters - 5:18PM Mortgage payments paused or reduced for 3 million U.S. households, survey suggests eyeonhousing.org - 3:58PM Some Cities Keep Construction Going via Virtual Inspections CNBC - 2:48PM Senate has no deal on the next coronavirus relief bill, but sets up possible Tuesday vote www.redfin.com - 1:37PM US Housing Market Reverses Course in March with Coronavirus Shutdowns Reuters - 1:32PM Traders play 'hot potato' with U.S. oil contract as it crashes to $5 a barrel www.redfin.com - 12:49PM Should I Buy a Home During a Pandemic? CNBC - 12:27PM These markets could see the sharpest drop in home prices during coronavirus pandemic Reuters - 12:19PM IMF may need 'exceptional measures' to facilitate pandemic response: Georgieva Reuters - 12:08PM Congress feuds as deal still elusive on small business coronavirus aid Reuters - 10:38AM Expiring U.S. crude oil futures contract posts 'epic' 40% slide CNBC - 10:38AM Retailers are begging for the government's help  but Treasury might not listen Calculated Risk Blog - 9:32AM "Chicago Fed National Activity Index Suggests Economic Growth Decreased Substantially in March" Reuters - 8:51AM Chicago Fed economic index takes recessionary plunge in March CNBC - 8:07AM US markets haven't priced in a 'significant second wave' of coronavirus, says Citi Private Bank CNBC - 8:07AM Treasury yields lower as US oil prices sink | 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 | -0.04 | 15 Yr. Fixed | 3.04% | 0.27 | +0.00 | 30 Yr. Jumbo | 3.80% | 0.23 | -0.07 | 30 Yr. FHA | 3.45% | 0.19 | -0.09 | 5/1 ARM | 3.34% | 0.35 | -0.05 |
30 Yr. Fixed | 3.31% | 0.70 | -0.02 | 15 Yr. Fixed | 2.80% | 0.70 | +0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.34% | 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 | 105.20 | -0.22 | 30YR UMBS 3.5 | 105.47 | -0.25 | 30YR GNMA 3.0 | 105.98 | -0.25 | 30YR GNMA 3.5 | 106.44 | -0.30 | 15YR FNMA 3.0 | 104.98 | -0.11 | 15YR FNMA 2.5 | 103.95 | -0.13 |
2 YR | 0.2057% | +0.0038 | 5 YR | 0.3500% | -0.0080 | 10 YR | 0.6163% | -0.0254 | 30 YR | 1.2266% | -0.0381 | Prices as of: 4/20/2020 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 | |