| Thursday July 2, 2020 Mortgage Rate Watch - 3:26PM Huge Housing Rebound, All-Time Low Rates, But At What Cost? This week's economic data included the biggest-ever gain in Pending Home Sales, a leading indicator for the housing market. Meanwhile, mortgage rates pushed down to new all-time lows ... Pipeline Press - 8:59AM Anti-fraud, DPA, HMDA Products; Non-QM News in Primary and Secondary Markets Lenders continue to count the piles of doubloons they booked during another record-breaking month; will July be another? M&A deals are still simmering out there, but when profits ... MBS Commentary - 8:19AM MBS Day Ahead: Early Close and Another (Potentially) Record-Breaking Jobs Report Last month's jobs report shattered records, both for the outright level of job creation (2.509m) and for the gap between job growth and forecasts. In fact, we won't likely see a gap ... Fed Meeting Minute Bullet Points: What's Yield Curve Control? Purchase Apps Retreat Again as Inventory Dries Up Latest Video More News from 'Around the Web' webfeeds.brookings.edu - 2:28PM Class Notes: Economic Activity Amid COVID-19, Homeownership and Wealth, and More CNBC - 12:13PM U.S. coronavirus cases soar by more than 50,600 in record single-day jump Calculated Risk Blog - 12:09PM BEA: June Vehicles Sales increased to 13.0 Million SAAR www.redfin.com - 10:59AM Luxury Home Prices Dropped 2.3% This Spring, Reversing Course From Pre-Pandemic Growth CNBC - 9:27AM Manhattan apartment sales worst on record, biggest plunge in 30 years CNBC - 8:36AM US jobs increase by 4.8 million in June, vs 2.9 million estimate; unemployment rate at 11.1% www.realtor.com - 8:04AM This New Credit Score Could Help More Home Buyers Receive Mortgages CNBC - 8:03AM House passes extension of coronavirus small business loan deadline | 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 | 3.29% | 0.36 | -0.01 | | 15 Yr. Fixed | 2.81% | 0.40 | +0.00 | | 30 Yr. Jumbo | 3.59% | 0.31 | -0.03 | | 30 Yr. FHA | 3.43% | 0.36 | +0.08 | | 5/1 ARM | 3.04% | -0.03 | -0.05 |
| 30 Yr. Fixed | 3.07% | 0.80 | -0.06 | | 15 Yr. Fixed | 2.56% | 0.80 | -0.03 | | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | | 5/1 Yr. ARM | 3.00% | 0.30 | -0.08 | 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 | 105.25 | +0.02 | | 30YR UMBS 3.5 | 105.20 | +0.06 | | 30YR GNMA 3.0 | 105.66 | +0.08 | | 30YR GNMA 3.5 | 105.41 | +0.58 | | 15YR FNMA 3.0 | 105.20 | +0.08 | | 15YR FNMA 2.5 | 104.81 | +0.09 |
| 2 YR | 0.1546% | -0.0096 | | 5 YR | 0.2942% | -0.0173 | | 10 YR | 0.6693% | -0.0065 | | 30 YR | 1.4292% | +0.0053 | | Prices as of: 7/2/2020 2:05PM 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:
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