Wednesday May 13, 2020 Mortgage Rate Watch - 4:02PM Mortgage Rates Back in Line With Recent Lows Mortgage rates improved today, on average, but things can vary quite a bit depending on the lender. Several lenders are back in line with their lowest rates of the past 2 weeks. With ... MND NewsWire - 8:23AM Refi Boom Remains Steady as Purchase Demand Continues to Heal Last week was yet another good one for purchase mortgage activity and refinancing, while continuing to fade, was still at double its pace of a year ago. The Mortgage Bankers Association ... MBS Commentary - 9:00AM MBS Day Ahead: Will Powell Drop Any Hints? In ancient financial market times (let's say any time before 2009), a massive economic shock resulted in a pervasive move lower in both stock prices and bond yields. This is a logical ... Marketing, Broker, Appraisal Products; Shifts in Credit Reporting and Underwriting; Negative U.S. Rates? Pre-Lockdown Home Prices Increase by Double-Digits in Some Metros Latest Video More News from 'Around the Web' Fannie Mae - 4:35PM Fannie Mae Announces COVID-19 Payment Deferral CNBC - 4:25PM Fed's Mester sees a recovery or a 'much more dire' scenario as equally possible Reuters - 4:24PM Wall Street ends down on Powell's sober outlook, call to Congress for help freddiemac.gcs-web.com - 4:06PM Freddie Mac Announces COVID-19 Payment Deferral Calculated Risk Blog - 3:20PM Fannie and Freddie: REO inventory declined in Q1, Down 20% Year-over-year CNBC - 1:48PM Powell's gloomy outlook has investors predicting the Fed may make another big move soon Calculated Risk Blog - 1:48PM Houston Real Estate in April: Sales Down 21.6% YoY, Inventory Unchanged YoY CNBC - 1:01PM David Tepper says this is the second-most overvalued stock market he's ever seen behind only '99 Reuters - 10:47AM Equities slide, bonds rise, on Fed warning of prolonged recession Reuters - 10:01AM U.S. producer prices post biggest drop since 2009 Reuters - 9:45AM Instant view: Powell: Brace for 'extended period' of economic woe Reuters - 9:25AM Fed Chair Powell warns of prolonged U.S. recession after coronavirus CNBC - 9:25AM Powell says the Federal Reserve is not looking at negative interest rates Reuters - 8:05AM Fed's Powell to assess next phase of pandemic economy www.realtor.com - 8:04AM What Home Buyers and Sellers Can Expect in 2020, as Pandemic Revises Forecast | 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 | 3.26% | 0.70 | +0.03 | 15 Yr. Fixed | 2.73% | 0.70 | -0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.17% | 0.30 | +0.03 | 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 | 104.86 | -0.05 | 30YR UMBS 3.5 | 105.36 | +0.02 | 30YR GNMA 3.0 | 105.88 | +0.17 | 30YR GNMA 3.5 | 106.94 | +0.16 | 15YR FNMA 3.0 | 105.48 | +0.06 | 15YR FNMA 2.5 | 104.47 | -0.08 |
2 YR | 0.1649% | -0.0019 | 5 YR | 0.3194% | -0.0064 | 10 YR | 0.6525% | -0.0142 | 30 YR | 1.3445% | -0.0294 | Prices as of: 5/13/2020 4:49PM 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 | |