Friday May 8, 2020 MND NewsWire - 11:21AM Servicers on the Hook as 4.1 Million Loans Now in Forbearance Black Knight reports that, as of May 7, there were 4.1 million loans in forbearance, up from 3.8 million in the company's last report which covered plans put into effect by mortgage ... Mortgage Rate Watch - 6:59PM Mortgage Rates End Week on Low Note (The Good Kind) Mortgage rates ended the week on a low note (in a good way), falling in line with their best recent levels. This put some lenders in line with April 30th's offerings which is a great ... MBS Commentary - 8:32AM MBS Day Ahead: This is About To Happen. Here's Why Bonds Don't Care The Employment Situation (the big jobs report out today) is the single most important piece of economic data on any given month--at least it normally is. On average, no other report ... Marketing, Broker Products; Capital Markets Barely Budge After Headline Unemployment Number Fannie Mae Sentiment Index Plunges to Nine-Year Low Latest Video More News from 'Around the Web' eyeonhousing.org - 4:20PM Consumer Credit Posts Small Gains in First Quarter www.realtor.com - 3:51PM What Will 15 Percent Unemployment Mean for the Housing Market? CNBC - 3:31PM How the Fed's fighting to keep Covid-19 from causing an extended financial crisis Calculated Risk Blog - 2:07PM NMHC: Rent Payment Tracker Finds 80.2 Percent of Apartment Households Paid Rent as of May 6 Reuters - 1:38PM U.S., China trade officials press ahead with 'Phase 1' deal as Trump mulls termination www.realtor.com - 1:15PM More Tenants Paid Rent on Time in May, But Activists Press On With Strikes www.redfin.com - 12:12PM How the Coronavirus Is Transforming the Housing Market: A Tale of Four Metros Reuters - 11:49AM U.S. data deluge to underscore divide between roaring market, plunging economy CNBC - 10:19AM Mortgage bailout swells to 4.1 million borrowers, but demand is slowing CNBC - 9:43AM Why the market is up even with historic job losses CNBC - 8:37AM A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7% Reuters - 8:19AM Explainer: Why Friday's U.S. jobless figures won't capture the true state of the coronavirus economy CNBC - 8:19AM 'There is no point' in the Fed going to negative interest rates, argues JPMorgan Calculated Risk Blog - 8:17AM Black Knight: Nearly 4.1 Million Homeowners Now in COVID-19-Related Forbearance Plans, 7.7% of Mortgages CNBC - 8:17AM German court ruling on ECB purchases is 'laughable,' Societe Generale chair says | 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 | 3.40% | 0.30 | -0.03 | 15 Yr. Fixed | 2.93% | 0.29 | -0.05 | 30 Yr. Jumbo | 3.69% | 0.34 | -0.03 | 30 Yr. FHA | 3.37% | 0.20 | +3.37 | 5/1 ARM | 3.20% | 0.36 | +3.20 |
30 Yr. Fixed | 3.26% | 0.70 | +0.03 | 15 Yr. Fixed | 2.73% | 0.70 | -0.04 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 3.17% | 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 | 105.36 | -0.16 | 30YR UMBS 3.5 | 105.50 | -0.03 | 30YR GNMA 3.0 | 106.09 | -0.16 | 30YR GNMA 3.5 | 107.08 | +1.72 | 15YR FNMA 3.0 | 105.34 | -0.03 | 15YR FNMA 2.5 | 104.47 | -0.03 |
2 YR | 0.1608% | +0.0220 | 5 YR | 0.3338% | +0.0284 | 10 YR | 0.6847% | +0.0454 | 30 YR | 1.3858% | +0.0597 | Prices as of: 5/8/2020 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 | |