Monday August 24, 2020 MBS Commentary - 3:49PM More Defensive But Not Without Hope 2 weeks ago, a heavy slate of supply contributed to small-scale panic in the bond market. Tensions eased last week and technical ceilings were confirmed ... MBS Commentary - 10:21AM Last week did a nice job of confirming a ceiling in Treasury yields after the previous week saw rates move sharply higher. At the same time the S&P hit a new record high and covid ... Pipeline Press - 9:21AM Winter is coming. I don’t need a new coat to walk from my bedroom through the kitchen and into the dining room to work on this commentary. Who is buying neckties or new dress ... | Today's Rates 30 Yr FRM | 3.07% | +0.00 | 15 Yr FRM | 2.56% | +0.01 | FHA 30 Year Fixed | 2.31% | +0.00 | Jumbo 30 Year Fixed | 3.61% | -0.01 | 5/1 Yr ARM | 2.98% | -0.08 | |
Average Mortgage Rates 15 Yr. Fixed | 0.00% | 0.00 | +0.00 | 30 Yr. Fixed | 0.00% | 0.00 | +0.00 |
30 Yr. Fixed | 3.13% | 0.36 | +0.07 | 15 Yr. Fixed | 2.73% | 0.36 | +0.06 | 30 Yr. Jumbo | 3.41% | 0.35 | +0.01 | 30 Yr. FHA | 3.16% | 0.27 | -0.07 | 5/1 ARM | 2.95% | 0.41 | -0.05 |
30 Yr. Fixed | 2.99% | 0.80 | +0.03 | 15 Yr. Fixed | 2.54% | 0.70 | +0.08 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.91% | 0.30 | +0.01 | * 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 | 105.25 | -0.13 | 30YR UMBS 3.5 | 105.31 | -0.09 | 30YR GNMA 3.0 | 104.91 | -0.48 | 30YR GNMA 3.5 | 104.97 | -0.17 | 15YR UMBS 3.0 | 104.86 | 0.00 | 15YR UMBS 2.5 | 104.78 | 0.00 |
2 YR | 0.1554% | +0.0081 | 5 YR | 0.2819% | +0.0144 | 10 YR | 0.6542% | +0.0260 | 30 YR | 1.3559% | +0.0070 | Prices as of: 8/24/2020 5:06PM EST | 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 |
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