Daily Newsletter: More Evidence That Forbearance is Widely Being Taken as a Precaution; Signs of Improvement

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30 Year Fixed 3.04%   +0.01 15 Year Fixed 2.67%   -0.02 10YR Treasury 0.66%   -0.0227 FNMA 30YR 3.5 105.42   +0.03 FNMA 15YR 2.5 105.36   -0.02 View Today's Rates

Friday May 22, 2020 MND NewsWire - 9:45AM More Evidence That Forbearance is Widely Being Taken as a Precaution The number of homeowners in mortgage forbearance plans continues to increase, reaching 4.75 million by May 19. This is 9.0 percent of all active borrowers nationwide and represents ... Mortgage Rate Watch - 3:50PM Mortgage Rates Are Actually Lower This Week Mortgage rates were mostly steady today for most lenders. Those who changed generally did so in a friendly direction. Either way, that means today's rates remain in line with all-time ... MND NewsWire - 12:26PM First Wave of Forbearances Almost Doubles Delinquency Rates The years-long downward trend of mortgage delinquencies appears to have come to an abrupt end in April. Black Knight, in its "first look" at the month's loan performance data, said ... MBS Day Ahead: Not Reading Too Much Into Things Ahead of 3.5-Day Weekend LO Jobs; CRM, Marketing, Lending Products; Tools for Borrowers; Rates: a Global Snapshot Latest Video Economic damage continues, but there are signs of improvement: Strategist Cabin fever is translating into cabin demand, here's how the travel industry could look this summer 'This is a new tech cold war' — Strategist on rising US-China tensions More News from 'Around the Web' Calculated Risk Blog - 1:59PM Seasonal Adjustment Weirdness: Will State and Local Governments Hire 700,000 Teachers in June and July? Calculated Risk Blog - 11:54AM Q2 GDP Forecasts: Probably Around 40% Annual Rate Decline CNBC - 11:30AM At first, some mortgage bailout recipients didn't need it, but now more do Calculated Risk Blog - 10:34AM NMHC: Rent Payment Tracker Finds 90.8 Percent Paid Rent as of May 20th Calculated Risk Blog - 10:25AM BLS: April jobless rates up in all 50 states; 43 States at New Record Highs CNBC - 9:28AM Dr. Fauci is still confident U.S. could have a coronavirus vaccine by December eyeonhousing.org - 8:46AM New Single-Family Home Size Declines Ending? CNBC - 8:09AM Banks will struggle to generate profits even as the global economy recovers, IMF says Calculated Risk Blog - 8:03AM Black Knight: Black Knight: 4.75 Million Homeowners Now in COVID-19-Related Forbearance Plans; Nearly Half Made April Mortgage Payments Today's Rates Best Execution Rate Change 30 Yr FRM 3.04% +0.01 15 Yr FRM 2.67% -0.02 FHA 30 Year Fixed 2.75% +0.00 Jumbo 30 Year Fixed 4.18% -0.07 5/1 Yr ARM 3.35% +0.01 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 3.41% 0.33 -0.02 15 Yr. Fixed 2.88% 0.27 -0.04 30 Yr. Jumbo 3.66% 0.37 -0.03 30 Yr. FHA 3.46% 0.33 +0.09 5/1 ARM 3.19% -0.05 -0.07 Freddie Mac ** 30 Yr. Fixed 3.24% 0.70 -0.04 15 Yr. Fixed 2.70% 0.70 -0.02 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 3.17% 0.40 -0.01 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 3.0 105.00 -0.02 30YR UMBS 3.5 105.42 +0.03 30YR GNMA 3.0 105.56 -0.45 30YR GNMA 3.5 105.38 -1.73 15YR FNMA 3.0 105.36 -0.02 15YR FNMA 2.5 104.52 +0.03 Treasuries Yield Change 2 YR 0.1696% +0.0023 5 YR 0.3334% -0.0113 10 YR 0.6574% -0.0227 30 YR 1.3705% -0.0279 Prices as of: 5/22/2020 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: 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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