Wednesday February 24, 2021 MND NewsWire - 8:43AM Mortgage Application Volume Continues Decline The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mortgage Bankers Association (MBA ... Mortgage Rate Watch - 4:33PM Highest Mortgage Rates Since June 2020 As of today, you'd have to go back to June 2020 to see higher mortgage rates. This is courtesy of an ongoing move in the bond market that has longer-term rates/yields surging higher ... MND NewsWire - 12:28PM New Home Sales on the Rise 4.3% in January New home sales continued the turnaround, started in December, that ended three straight months of slowing sales. The U.S. Census Bureau and Department of Housing and Urban Development ... MBS Commentary - 9:49AM MBS Day Ahead: It Was a Trap... Don't Expect Stocks to Save Us Yesterday saw yields hold at just slightly lower highs on an intraday basis, thus offering a glimmer of hope for a bond bounce. We discussed the risk that this was a trap, and so far ... MBS RECAP: Is It Another Trap and Which Coupon Do I Watch Now? Delinquency Rate Lowest in COVID Era; but Lingering Risks Remain MLO Jobs; Servicing, Customer Service, Decisioning, Retention Tools; Events and Training This Week Latest Video More News from 'Around the Web' CNBC - 4:29PM Biden administration may undo certain Trump-era mortgage rules Reuters - 4:20PM Fedwire resumes operations after hourslong disruption Calculated Risk Blog - 2:38PM AIA: "Architecture Billings continue to contract" in January Reuters - 2:15PM Wall Street regains footing after Powell calms inflation jitters CNBC - 10:02AM Watch live: Fed Chair Powell testifies before House panel CNBC - 8:07AM European markets mostly higher as investors digest Fed outlook, German data Reuters - 8:06AM U.S. House plans vote on COVID-19 aid bill on Friday CNBC - 8:06AM Treasury yields rise slightly ahead of Fed Chair Powell's second congressional testimony CNBC - 4:52PM Commentary: The Fed has a simple tool it can deploy to curb market speculation | 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 | 3.08% | 0.46 | +0.10 | 15 Yr. Fixed | 2.56% | 0.40 | +0.09 | 30 Yr. Jumbo | 3.23% | 0.43 | +0.12 | 30 Yr. FHA | 3.00% | 0.33 | +0.07 | 5/1 ARM | 2.83% | 0.36 | +0.00 |
30 Yr. Fixed | 2.81% | 0.70 | +0.08 | 15 Yr. Fixed | 2.21% | 0.70 | +0.02 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.77% | 0.20 | -0.02 | 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 | 101.03 | -0.33 | 30YR UMBS 2.5 | 103.78 | -0.27 | 30YR GNMA 2.0 | 101.73 | -0.38 | 30YR GNMA 2.5 | 103.72 | -0.09 | 15YR UMBS 2.0 | 103.41 | -0.16 | 15YR UMBS 2.5 | 104.50 | -0.05 |
2 YR | 0.1250% | +0.0141 | 5 YR | 0.6021% | +0.0325 | 10 YR | 1.3722% | +0.0290 | 30 YR | 2.2249% | +0.0463 | Prices as of: 2/24/2021 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 | |