Monday August 3, 2020 MND NewsWire - 11:52AM Housing Affordability Best in Four Years, Purchase Rate Locks Surge The last report from Freddie Mac put its 30-year fixed rate mortgage (FRM) at 2.99 percent, up 1 basis point from the all-time low. Black Knight, in its new Mortgage Monitor , says ... MND NewsWire - 11:56AM More Home Buyers are in the Market, but Shopping Takes Longer In the second quarter of 2020, 11 percent of American adults were planning on purchasing a home over the next 12 months, and of those, almost half were actively engaged in doing so ... MBS Commentary - 4:31PM MBS RECAP: Bonds Defend New Territory Bonds Defend New Territory Now that bonds have broken through previous resistance levels (.58 in 10yr yields and 103.00 in 2.0 UMBS), what comes next? Rather than look for fast-paced ... MND NewsWire - 10:40AM More Evidence of Strength in Housing as GDP Tumbles The National Home Builders Association (NHBA) has been saying since the COVID-19 virus first began to ravage the economy, that it might be housing that would drive the eventual recovery ... Construction Spending Largely Unchanged as Shutdowns End MBS Day Ahead: Bonds Defend New Territory LO Jobs; Fraud, Retention, Legal Products; August Training and Events Latest Video More News from 'Around the Web' Calculated Risk Blog - 4:30PM MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 7.67%" of Portfolio Volume www.realtor.com - 4:30PM Suburban Homeowners Looking to Downsize Buy in the City CNBC - 3:16PM Nearly half of all furloughed workers now believe their temporary layoff will become permanent CNBC - 1:58PM Banks say they are tightening lending standards even as demand for money falls CNBC - 1:23PM Extra unemployment is over. So are most eviction moratoriums. Here's what relief could be coming next Calculated Risk Blog - 12:19PM Construction Spending Decreased in June Calculated Risk Blog - 10:51AM ISM Manufacturing index Increased to 54.2 in July CNBC - 9:51AM This calculator can help estimate your unemployment benefits under the HEALS Act www.redfin.com - 8:47AM Late-July Home Sale Prices Up 11%, Largest Annual Increase Since 2014 CNBC - 8:08AM A private survey showed China's manufacturing activity expanded in July CNBC - 8:05AM U.S. Treasury yields move higher as investors monitor economic data, auctions | 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 | 3.20% | 0.37 | +0.00 | 15 Yr. Fixed | 2.76% | 0.36 | +0.05 | 30 Yr. Jumbo | 3.52% | 0.30 | +0.01 | 30 Yr. FHA | 3.27% | 0.35 | +0.14 | 5/1 ARM | 3.08% | 0.11 | +0.19 |
30 Yr. Fixed | 2.99% | 0.80 | -0.02 | 15 Yr. Fixed | 2.51% | 0.70 | -0.03 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.94% | 0.40 | -0.15 | 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 | 105.91 | +0.11 | 30YR UMBS 3.5 | 105.48 | +0.03 | 30YR GNMA 3.0 | 105.41 | -0.05 | 30YR GNMA 3.5 | 105.05 | +0.02 | 15YR UMBS 3.0 | 104.81 | +0.05 | 15YR UMBS 2.5 | 105.08 | +0.23 |
2 YR | 0.1132% | +0.0039 | 5 YR | 0.2216% | +0.0125 | 10 YR | 0.5559% | +0.0228 | 30 YR | 1.2318% | +0.0362 | Prices as of: 8/3/2020 4:55PM 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 | |