Wednesday January 20, 2021 Mortgage Rate Watch - 4:25PM Mortgage Rates Making Steady Progress Over The Past Week Mortgage rates are off to a decent start this week with the average lender offering slightly better terms compared to last Friday. The progress actually began earlier last week. On ... MND NewsWire - 3:08PM DACA "Dreamers" Given FHA Loan Eligibility The Department of Housing and Urban Development (HUD) announced on Tuesday that it has extended eligibility for FHA mortgages to individuals who are classified under the Deferred Action ... MND NewsWire - 11:45AM Rising Material Prices and Lot Shortages Hurt January Builder Confidence After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on the Housing Market Index (HMI). The ... MND NewsWire - 8:37AM Refinancing Volume Pulls Back as Rates Rise The volume of mortgage applications fell back slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index was down 1.9 percent on a seasonally adjusted ... MBS Day Ahead: Does Inauguration Day Matter For The Bond Market? Ops, AE Jobs; Sales, Leadership, Tech, Pricing Tools; VA, Ginnie, FHA Changes Incl. URLA Update New Home Purchase Applications Remained Strong to Year's End Fannie/Freddie Allowed to Keep More Capital (Again) Latest Video More News from 'Around the Web' CNBC - 4:09PM The Fed under Biden: New mandates, a close White House tie and big challenges ahead www.npr.org - 4:09PM President Biden Will Extend Student Loan Payment Freeze Through September 30 news.google.com - 4:08PM Jobless claims preview: Another 935,000 Americans likely filed new unemployment claims last week - Yahoo Finance CNBC - 1:30PM Biden expected to extend the national ban on evictions through March 2021 Calculated Risk Blog - 1:29PM AIA: "Architecture Billings continue to lose ground" in December Calculated Risk Blog - 10:42AM NAHB: Builder Confidence Decreased to 83 in January news.google.com - 8:50AM Janet Yellen, Treasury Secretary nominee, outlines priorities under Biden administration twitter.com - 8:11AM FHFA extends foreclosure and REO eviction moratoriums until February 28 | 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 | 2.85% | 0.33 | -0.05 | 15 Yr. Fixed | 2.49% | 0.29 | -0.02 | 30 Yr. Jumbo | 3.12% | 0.33 | -0.08 | 30 Yr. FHA | 2.96% | 0.42 | -0.01 | 5/1 ARM | 2.58% | 0.36 | -0.02 |
30 Yr. Fixed | 2.79% | 0.70 | +0.14 | 15 Yr. Fixed | 2.23% | 0.70 | +0.07 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.12% | 0.40 | +0.37 | 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 | 103.19 | +0.19 | 30YR UMBS 2.5 | 105.28 | +0.17 | 30YR GNMA 2.0 | 103.97 | +0.06 | 30YR GNMA 2.5 | 105.16 | +0.16 | 15YR UMBS 2.0 | 104.34 | +0.09 | 15YR UMBS 2.5 | 104.59 | -0.23 |
2 YR | 0.1290% | -0.0040 | 5 YR | 0.4406% | -0.0064 | 10 YR | 1.0768% | -0.0152 | 30 YR | 1.8261% | -0.0134 | Prices as of: 1/20/2021 4:45PM 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 | |