Wednesday, December 30, 2020

Daily Newsletter: Pending Home Sales Slide a Bit After Banner Year

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30 Year Fixed
2.77%   -0.01
15 Year Fixed
2.32%   +0.01
10YR Treasury
0.93%   -0.0133
Wednesday December 30, 2020
MND NewsWire - 11:28AM
Pending home sales slid for the third straight month in November and the 2.6 percent decline was the largest of the three. The National Association of Realtors® (NAR) said its Pending ...
MBS Commentary - 2:43PM
Bonds Sticking to Year-End Script Bonds did a perfect job sticking to their year-end script today. It reads: "ZZZzzz..." MBS made some token gains during the AM hours, but not to such ...
Pipeline Press - 10:35AM
Loan originators in our business see potential borrowers whose monthly mortgage payments would be less than their rent payments but don’t qualify for credit or income reasons ...
MBS Commentary - 8:57AM
Election years always bring increased uncertainty to financial markets--some more than others. This is definitely one of those years--not because of covid, but rather because full control ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 2.77% -0.01
15 Yr FRM 2.32% +0.01
FHA 30 Year Fixed 2.25% +0.00
Jumbo 30 Year Fixed 3.12% +0.01
5/1 Yr ARM 2.32% +0.01
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 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
Freddie Mac **
30 Yr. Fixed 2.66% 0.70 -0.01
15 Yr. Fixed 2.19% 0.50 -0.02
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 2.79% 0.20 +0.00
* 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 2.0 103.72 +0.08
30YR UMBS 2.5 105.28 +0.05
30YR GNMA 2.0 104.44 +0.16
30YR GNMA 2.5 105.53 +0.33
15YR UMBS 2.0 104.44 +0.06
15YR UMBS 2.5 104.23 0.00
Treasuries
Yield Change
2 YR 0.1270% -0.0019
5 YR 0.3703% -0.0110
10 YR 0.9264% -0.0133
30 YR 1.6629% -0.0161
Prices as of: 12/30/2020 3:21PM EST
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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Tuesday, December 29, 2020

Daily Newsletter: Home Prices Still Soaring; Rates Closing Out 2020 at Record Lows

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30 Year Fixed
2.78%   -0.01
15 Year Fixed
2.31%   -0.01
10YR Treasury
0.94%   +0.0133
Tuesday December 29, 2020
Mortgage Rate Watch - 3:50PM
For all practical purposes, the year is over when it comes to mortgage rate volatility. True, there is some small chance that political developments conspire to push rates just a bit ...
MND NewsWire - 10:00AM
The headline for the October S&P CoreLogic Case-Shiller home price report is yet another month of escalating gains. The National Home Price Index which covers all nine U.S. census ...
MBS Commentary - 3:52PM
Bonds on Cruise Control Unless Senate Approves Stimulus Upgrade Barring an unexpected vote (and passage) of the $2k stimulus upgrade, bonds are on cruise control heading into the end ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 2.78% -0.01
15 Yr FRM 2.31% -0.01
FHA 30 Year Fixed 2.25% +0.00
Jumbo 30 Year Fixed 3.11% +0.00
5/1 Yr ARM 2.31% +0.00
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 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
Freddie Mac **
30 Yr. Fixed 2.66% 0.70 -0.01
15 Yr. Fixed 2.19% 0.50 -0.02
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 2.79% 0.20 +0.00
* 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 2.0 103.64 +0.03
30YR UMBS 2.5 105.23 +0.08
30YR GNMA 2.0 104.28 +0.02
30YR GNMA 2.5 105.20 -0.05
15YR UMBS 2.0 104.38 +0.03
15YR UMBS 2.5 104.23 +0.03
Treasuries
Yield Change
2 YR 0.1289% +0.0059
5 YR 0.3782% +0.0208
10 YR 0.9364% +0.0133
30 YR 1.6770% +0.0181
Prices as of: 12/29/2020 4:24PM EST
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
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Monday, December 28, 2020

Daily Newsletter: Forbearances on The Rise; Can a Grocery Store Really Affect Your Home's Value?

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30 Year Fixed
2.79%   +0.01
15 Year Fixed
2.32%   +0.00
10YR Treasury
0.93%   +0.0000
Monday December 28, 2020
MND NewsWire - 11:54AM
As studies go, ATTOM Data Solutions Grocery Store Wars analysis is kind of silly. But at this point in this year, kind of silly is sort of welcome. Keep chickens and eggs in mind and ...
MBS Commentary - 4:00PM
Uneventful Day Despite Covid Relief Bill The big news at the end of last week was Trump's decision to veto the covid relief/spending bill. After he signed it last night, overnight markets ...
MND NewsWire - 11:50AM
The number of forbearance plans increased again during the six-day period (shortened because of the holiday) ended December 21 and again Black Knight cautioned that small increases ...
Today's Rates
Best Execution
Rate Change
30 Yr FRM 2.79% +0.01
15 Yr FRM 2.32% +0.00
FHA 30 Year Fixed 2.25% +0.00
Jumbo 30 Year Fixed 3.11% +0.00
5/1 Yr ARM 2.31% +0.02
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 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
Freddie Mac **
30 Yr. Fixed 2.66% 0.70 -0.01
15 Yr. Fixed 2.19% 0.50 -0.02
1 Yr. ARM 2.68% 0.20 +0.01
5/1 Yr. ARM 2.79% 0.20 +0.00
* 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 2.0 103.61 +0.06
30YR UMBS 2.5 105.16 +0.05
30YR GNMA 2.0 104.25 +0.05
30YR GNMA 2.5 105.23 +0.03
15YR UMBS 2.0 104.34 +0.05
15YR UMBS 2.5 104.23 +0.02
Treasuries
Yield Change
2 YR 0.1230% +0.0000
5 YR 0.3574% -0.0064
10 YR 0.9264% +0.0000
30 YR 1.6596% -0.0026
Prices as of: 12/28/2020 4:55PM EST
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
View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe
You were sent this email because you opted to receive our weekly or daily email reports. Go here to manage your email preferences or here to unsubscribe from all email communications.