Wednesday July 29, 2020 MBS Commentary - 4:34PM MBS RECAP: Bonds Break Key Levels After Fed Bonds Break Key Levels After Fed Both MBS and Treasuries were right on the edge of their recent ranges heading into Fed day. MBS broke their range right out of the gate while Treasuries ... Mortgage Rate Watch - 4:34PM Mortgage Rates Fall Nicely, But The Going Gets Tougher From Here Mortgage rates improved nicely overnight. The average lender's morning rates were very close to the lowest levels ever . This was a distinct possibility based on yesterday afternoon ... MND NewsWire - 10:59AM Pending Home Sales Continue Remarkable Rebound Pending home sales soared again in June, although the liftoff was relatively shallow compared to the 43 percent increase in May. The National Association of Realtors'® (NAR's) Pending ... MND NewsWire - 9:22AM Freddie Mac's Volume Increased in June, Delinquencies Skyrocketed Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 14.2 percent in June compared to a 5.5 percent gain in May. The portfolio balance ... Differences Between Previous and Current FOMC Statements Underwriting, Subservicing, AVM, Pricing Tools; Conforming Conventional Updates MBS Day Ahead: Fed Day. Will It Matter? Mortgage Apps Pull Back for the First Time in a Month Latest Video More News from 'Around the Web' CNBC - 2:12PM Fed holds rates steady, says economic growth is 'well below' pre-pandemic level CNBC - 1:13PM Mnuchin says Republicans and Democrats are 'far apart' on coronavirus relief bill as talks continue CNBC - 1:13PM 'We're running out of homes for sale,' Lake Tahoe brokers say as tech workers flee Bay Area Calculated Risk Blog - 11:26AM Census: Household Pulse Survey shows 26.5% Missed or Expect to Miss Rent or Mortgage Payment CNBC - 10:17AM Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020 CNBC - 9:37AM GOP senator urges Congress to pass unemployment benefit replacement by Friday CNBC - 8:45AM Make over $55,000? Unemployment benefits may replace less than 70% of your wages under HEALS Act CNBC - 8:05AM Powell is expected to say the Fed will keep doing whatever it can while it considers its next move CNBC - 8:05AM Treasury yields edge higher ahead of Fed interest rate decision | 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 | 3.01% | 0.80 | +0.03 | 15 Yr. Fixed | 2.54% | 0.70 | +0.06 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.09% | 0.30 | +0.03 | 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 | 105.64 | +0.14 | 30YR UMBS 3.5 | 105.41 | +0.05 | 30YR GNMA 3.0 | 105.30 | +0.16 | 30YR GNMA 3.5 | 104.92 | +0.33 | 15YR UMBS 3.0 | 104.88 | +0.03 | 15YR UMBS 2.5 | 104.78 | +0.06 |
2 YR | 0.1328% | -0.0098 | 5 YR | 0.2531% | -0.0126 | 10 YR | 0.5757% | -0.0033 | 30 YR | 1.2387% | +0.0213 | Prices as of: 7/29/2020 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 | |