| Thursday July 16, 2020 MBS Commentary - 3:31PM MBS RECAP: The Downside of Ultra Low Rates The Downside of Ultra Low Rates Actions and reactions are as true in the bond market as in the natural world. The equal and opposite reaction to a sub 3% 30yr fixed rate is a spike ... MND NewsWire - 10:33AM Another Massive Jump in Builder Confidence Economists talk about the potential for a V shaped recovery from the pandemic and that is exactly the pattern displayed by the National Association of Home Builders (NAHB)/Wells Fargo ... MND NewsWire - 4:29PM House Committee Looks at Mortgage Servicer Response to Pandemic The House Financial Service Committee's Subcommittee on Oversight and Investigations held a hearing on Thursday entitled, "Protecting Homeowners During the Pandemic: Oversight of Mortgage ... Mortgage Rate Watch - 3:59PM Mortgage Rates Under 3% For The First Time (Again) Mortgage rates moved lower this morning as lenders got caught up with recent improvement in the bond market. The bond market is the primary consideration for interest rate levels and ... Broker, Cost Analysis, Audit, Credit Tools; CFPB's Legal Action; Capital Markets MBS Day Ahead: Biggest Day of Data, But Still Not What Bonds Are Waiting For Latest Video More News from 'Around the Web' CNBC - 2:51PM Nancy Pelosi says coronavirus aid bill will cost at least $1.3 trillion, but 'that's not enough' eyeonhousing.org - 1:03PM Remodeling Market Shows Optimism despite COVID-19 Calculated Risk Blog - 1:02PM Hotels: Occupancy Rate Declined 38% Year-over-year CNBC - 10:12AM Even if the $600 weekly unemployment boost is extended, payment could be delayed for weeks Calculated Risk Blog - 9:01AM Retail Sales increased 7.5% in June CNBC - 8:36AM Weekly jobless claims total 1.30 million, vs 1.25 million estimate CNBC - 8:15AM August is shaping up to be 'ugly' if stimulus, extra unemployment runs dry for millions www.realtor.com - 8:05AM Low Mortgage Rates Could Hurt First-Time Home Buyers for Years To Come | 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 | 3.26% | 0.35 | -0.03 | | 15 Yr. Fixed | 2.77% | 0.32 | -0.04 | | 30 Yr. Jumbo | 3.52% | 0.36 | -0.07 | | 30 Yr. FHA | 3.31% | 0.24 | -0.12 | | 5/1 ARM | 2.98% | 0.10 | -0.06 |
| 30 Yr. Fixed | 2.98% | 0.70 | -0.05 | | 15 Yr. Fixed | 2.48% | 0.70 | -0.03 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.06% | 0.30 | +0.04 | 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 | 105.36 | 0.00 | | 30YR UMBS 3.5 | 105.20 | 0.00 | | 30YR GNMA 3.0 | 105.59 | +0.05 | | 30YR GNMA 3.5 | 103.88 | -0.94 | | 15YR UMBS 3.0 | 104.89 | 0.00 | | 15YR UMBS 2.5 | 104.89 | +0.03 |
| 2 YR | 0.1470% | -0.0100 | | 5 YR | 0.2770% | -0.0111 | | 10 YR | 0.6168% | -0.0164 | | 30 YR | 1.3096% | -0.0251 | | Prices as of: 7/16/2020 4:31PM 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 |
|
