Daily Newsletter: Homebuyer Sentiment Resumes Decline; More Forbearances On The Way; The Rate Also Rises

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30 Year Fixed 2.82%   +0.00 15 Year Fixed 2.38%   +0.00 10YR Treasury 0.57%   +0.0278 FNMA 30YR 3.5 105.39   -0.03 FNMA 15YR 2.5 105.03   +0.11 View Today's Rates

Friday August 7, 2020 MND NewsWire - 2:38PM Homebuyer Sentiment Continues Previous Decline Fannie Mae's Home Purchase Sentiment Index (HPSI) faltered a bit in July as it tried to recover from its 29.5-point aggregate plunge in March and April. The index, derived from six ... MND NewsWire - 8:30AM Another Wave of Forbearances is Probably On The Way There was a significant decline in the number of active COVID-19 related forbearance plans over the past week, but that decrease did not necessarily mean homeowners were emerging from ... Mortgage Rate Watch - 6:24PM The Rate Also Rises Years from now when scientists examine mortgage rates in July 2020, they'd be forgiven for coming to the conclusion that rates only ever move lower. As we've learned in the first week ... MBS RECAP: More Defensive After Jobs Report, But Not Necessarily Because of it Ops Jobs; Reverse, Training, VA Tools and Products; Ellie's $11 billion Sale and Other Vendor News MBS Day Ahead: Time For Non-Farm Payrolls, A Report That Used To Matter Latest Video Coronavirus stimulus deal falls apart—Here's what both sides are saying The U.S. economy added nearly 1.8 million jobs in July—Three experts break down the latest jobs report How the July jobs report could inform what's in the next round of stimulus More News from 'Around the Web' CNBC - 4:24PM Zillow CEO: Real estate market is beginning 'great reshuffling' as people seek more space at home CNBC - 3:01PM Markets could be challenged by Washington stimulus talks and China tensions Calculated Risk Blog - 1:41PM Hotels: Occupancy Rate Declined 35% Year-over-year CNBC - 1:10PM Canada to impose tariffs on $2.7 billion in U.S. goods after Trump reignites trade feud CNBC - 12:02PM Pandemic home remodeling is booming: Here's what your neighbors are doing CNBC - 11:06AM The jobs report was better than expected, but market worries gains will be fleeting without stimulus CNBC - 8:31AM U.S. jobs rise by 1.763 million in July, vs 1.48 million expected CNBC - 8:06AM Treasury yields fall ahead of key jobs report; stimulus talks continue Today's Rates Best Execution Rate Change 30 Yr FRM 2.82% +0.00 15 Yr FRM 2.38% +0.00 FHA 30 Year Fixed 2.25% +0.00 Jumbo 30 Year Fixed 3.58% -0.04 5/1 Yr ARM 2.75% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 0.00% 0.00 +0.00 30 Yr. Fixed 0.00% 0.00 +0.00 MBA ** 30 Yr. Fixed 3.14% 0.39 -0.06 15 Yr. Fixed 2.73% 0.37 -0.03 30 Yr. Jumbo 3.51% 0.33 -0.01 30 Yr. FHA 3.27% 0.42 +0.00 5/1 ARM 3.09% -0.03 +0.01 Freddie Mac ** 30 Yr. Fixed 2.88% 0.80 -0.11 15 Yr. Fixed 2.44% 0.80 -0.07 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.90% 0.40 -0.04 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR UMBS 3.0 106.00 +0.11 30YR UMBS 3.5 105.39 -0.03 30YR GNMA 3.0 105.45 -0.02 30YR GNMA 3.5 105.02 -0.08 15YR UMBS 3.0 105.03 +0.11 15YR UMBS 2.5 105.17 -0.06 Treasuries Yield Change 2 YR 0.1290% +0.0119 5 YR 0.2294% +0.0141 10 YR 0.5657% +0.0278 30 YR 1.2343% +0.0331 Prices as of: 8/7/2020 5:05PM 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: 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

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2020 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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