Wednesday March 3, 2021 MND NewsWire - 8:25AM Refinance Volume Ramps Down on Rising Rates Mortgage application volume rose for the first time in four weeks during the week ended February 26, but it was only a marginal increase. The Mortgage Bankers Association (MBA) said ... MBS Commentary - 3:51PM MBS RECAP: MBS Outperform, But Bonds Fail To Confirm The Bounce MBS Outperform, But Bonds Fail To Confirm The Bounce Tuesday's gains increased odds that a friendly bounce was in the works, but overnight and AM weakness put an end to the optimism ... Pipeline Press - 10:52AM AE, MLO Jobs; Broker, Sales, VOE Tools; URLA and Processing News; More Talk of an Economic Recovery To listen to the audio version of today’s commentary with an interview with STRATMOR Group’s resident recovering accountant Jim Cameron on handy metrics for MLOs to be aware ... MBS Commentary - 9:30AM MBS Day Ahead: Early Weakness Means Failure to Confirm Friendly Bounce Bonds had a great day yesterday--not so much because the rally covered a ton of ground, but rather because it helped build a case for the end of the more abrupt selling pressure seen ... Home Price Appreciation Broke an 8-Year Record in January With Protections Expiring, Millions are in Danger of Losing Their Home Latest Video More News from 'Around the Web' Reuters - 4:09PM Fed says U.S. economy got off to modest start in 2021 CFPB - 4:07PM CFPB Proposes Delay of Mandatory Compliance Date for General Qualified Mortgage Final Rule Reuters - 12:56PM U.S. Senate negotiates limits in Biden's $1.9 trillion COVID-19 bill before vote CNBC - 12:55PM ECB could tweak its pandemic stimulus as bond yields surge, Germany's Weidmann says webfeeds.brookings.edu - 12:55PM Four lessons from a year of pandemic housing policies Calculated Risk Blog - 11:42AM ISM® Services Index decreased to 55.3% in February www.zerohedge.com - 9:16AM JPM Now Expects The US To Add 675,000 Jobs Every Month finance.yahoo.com - 8:40AM ECB Said to See No Need for Drastic Action to Rein In Yields CNBC - 8:26AM Private payrolls growth well short of expectations for February, ADP says Reuters - 8:10AM World stocks gain as bond yields steady | 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 | 3.23% | 0.48 | +0.15 | 15 Yr. Fixed | 2.64% | 0.39 | +0.08 | 30 Yr. Jumbo | 3.33% | 0.41 | +0.10 | 30 Yr. FHA | 3.19% | 0.30 | +0.19 | 5/1 ARM | 2.84% | 0.58 | +0.01 |
30 Yr. Fixed | 2.97% | 0.60 | +0.16 | 15 Yr. Fixed | 2.34% | 0.60 | +0.13 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.99% | 0.10 | +0.22 | 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 | 100.98 | -0.50 | 30YR UMBS 2.5 | 103.73 | -0.28 | 30YR GNMA 2.0 | 101.78 | -0.38 | 30YR GNMA 2.5 | 103.72 | -0.30 | 15YR UMBS 2.0 | 103.47 | -0.13 | 15YR UMBS 2.5 | 104.66 | -0.05 |
2 YR | 0.1427% | +0.0197 | 5 YR | 0.7316% | +0.0690 | 10 YR | 1.4842% | +0.0860 | 30 YR | 2.2751% | +0.0763 | Prices as of: 3/3/2021 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 | |