Friday April 17, 2020 MND NewsWire - 12:59PM Fannie Mae Predicts Short But Excruciating Downturn Fannie Mae's April Economic Developments summary is, like Freddie Mac's, relatively optimistic only because they see the impact of the pandemic as being very short lived. However, in ... MND NewsWire - 1:33PM Forbearance Agreements Hitting Smaller Servicers Hard It is only a little more than a month into the COVID-19 crisis, but mortgage forbearances are already adding up. Black Knight has begun tracking that activity extrapolating an estimate ... MND NewsWire - 9:28AM March Closings Dominated by Refinancing Declining interest rates in March pushed the refinance share of closed loans higher again according to information in Ellie Mae's March Origination Insight Report . The average rate ... Mortgage Rate Watch - 6:22PM Mortgage Rates Relatively Stable This Week But Slightly Higher Today Mortgage rates continue showing a willingness to play by at least a few of the same rules that typically apply. Most of the rules went out the window as the market reacted to coronavirus ... Bond Markets Take a Hit as Fed Continues Cutting Purchase Amounts MBS Day Ahead: Will 12+ Week Streak Continue For Friendly Fridays? Webinars and Events; CFPB HMDA News; Agency, Investor, and Vendor Changes Continue Latest Video More News from 'Around the Web' Reuters - 3:12PM Retailers, restaurants, hotels get 18% of small business bailout cash: SBA Reuters - 12:52PM NY Fed's markets head says bank is trying to match 'speed and the scale' of pandemic Reuters - 12:06PM NY Fed markets head says central bank will be transparent with new lending facilities Calculated Risk Blog - 11:29AM Q1 GDP Forecasts: Around -7% SAAR Calculated Risk Blog - 11:29AM Seattle Real Estate in March: Sales up 17.6% YoY, Inventory down 30.1% YoY CNBC - 10:56AM Nearly 3 million borrowers have filed for mortgage relief, and the industry is crying for help www.blackknightinc.com - 10:35AM MORE THAN 2.9 MILLION HOMEOWNERS ALREADY IN COVID-19-RELATED FORBEARANCE Calculated Risk Blog - 10:23AM BLS: March Unemployment rates increased in 29 States CNBC - 10:23AM Homebuilding just had its worst month since 1984. What traders see ahead for the group Reuters - 10:12AM NY Fed's Williams says economic pain likely to continue for 'some time' Reuters - 10:11AM Fed's Mester says economic reopening has to be done carefully, in stages CNBC - 10:07AM Fed's Bullard proposes way to 'end the crisis': Pay all costs for companies developing tests Calculated Risk Blog - 9:49AM Phoenix Real Estate in March: Sales up 3.4% YoY, Active Inventory Down 22% YoY Reuters - 8:16AM China's first-quarter GDP posts first decline on record as virus shuts down economy www.redfin.com - 8:16AM How to Make Your Home Stand Out During a Virtual Tour Reuters - 8:15AM Futures jump on Trump's restart plan, coronavirus drug hopes Reuters - 8:05AM Fed's Kashkari says Trump's 'staged approach' to reopen economy makes sense CNBC - 8:04AM The Fed needs to be careful with how it supports the bond market, says ETF issuer | 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 | 105.42 | -0.14 | 30YR UMBS 3.5 | 105.72 | -0.09 | 30YR GNMA 3.0 | 106.23 | -0.28 | 30YR GNMA 3.5 | 106.73 | -0.16 | 15YR FNMA 3.0 | 105.09 | -0.02 | 15YR FNMA 2.5 | 104.08 | +0.03 |
2 YR | 0.2019% | -0.0087 | 5 YR | 0.3580% | +0.0061 | 10 YR | 0.6417% | +0.0244 | 30 YR | 1.2647% | +0.0509 | Prices as of: 4/17/2020 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 | |