Daily Newsletter: Q2 Saw Highest Origination Volume in History, Q3 Might be Even Better; Delinquencies Could Double Without More Aid

View this Report in your Web Browser     |    Forward to a Friend    |    Subscribe

30 Year Fixed 2.88%   -0.03 15 Year Fixed 2.41%   -0.02 10YR Treasury 0.68%   -0.0393 FNMA 30YR 3.5 105.48   +0.02 FNMA 15YR 2.5 105.08   +0.06 View Today's Rates

Tuesday September 8, 2020 MND NewsWire - 11:58AM Q2 Saw Highest Origination Volume in History, Q3 Might be Even Better The second quarter of this year was a miserable on many levels, but mortgage origination volume was not one of them. Black Knight's current Mortgage Monitor reports that the second ... MBS Commentary - 4:40PM MBS RECAP: Some Cause For Concern, Despite The Gains Stock Market Weakness To The Rescue Last Friday tied August 11th as the worst day of since early June. It was something the bond market clearly felt needed to happen (weaker stocks ... MND NewsWire - 8:19AM Delinquency Rate Could Double Without More Federal Support Mortgage delinquencies spiked in June and the serious delinquency rate, loans 90 or more days past due but not in foreclosure, reached its highest level in more than five years. CoreLogic ... MBS Week Ahead: Stock Market Weakness To The Rescue LO Jobs; Non-QM, Servicer, Sales, Training Tools; Time Required to Hack a Password Latest Video Recovery could falter without more targeted, focused stimulus: Charles Dallara Here's where mortgage bailouts stand amid the pandemic Mortgage expert on the impact of the shift in the real estate market More News from 'Around the Web' www.npr.org - 2:17PM Zoom Towns And The New Housing Market For The 2 Americas eyeonhousing.org - 2:17PM Examining Rental Housing in the US: Debt & Financing Characteristics CNBC - 2:16PM Mitch McConnell says Senate will vote on coronavirus stimulus plan as soon as this week Calculated Risk Blog - 11:35AM Seattle Real Estate in August: Sales up 15% YoY, Inventory UP 8% YoY CNBC - 10:35AM Labor Day weekend air travel hits nearly 6-month high, but holiday caps dismal summer season Calculated Risk Blog - 9:52AM Black Knight Mortgage Monitor for July: "Record-Low Rates, Largest Quarterly Volume on Record" CNBC - 9:43AM U.S. economy faces $15 trillion hit as a result of school closures, OECD says CNBC - 8:55AM No-deal Brexit is the most likely outcome of trade talks, former EU chief says CNBC - 8:05AM U.S. Treasury yields move lower as investors monitor economic data, auctions Today's Rates Best Execution Rate Change 30 Yr FRM 2.88% -0.03 15 Yr FRM 2.41% -0.02 FHA 30 Year Fixed 2.45% +0.00 Jumbo 30 Year Fixed 3.44% -0.09 5/1 Yr ARM 2.75% -0.06 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 3.08% 0.36 -0.03 15 Yr. Fixed 2.67% 0.36 -0.03 30 Yr. Jumbo 3.41% 0.38 +0.00 30 Yr. FHA 3.19% 0.34 +0.03 5/1 ARM 3.08% 0.43 -0.06 Freddie Mac ** 30 Yr. Fixed 2.93% 0.80 +0.02 15 Yr. Fixed 2.42% 0.80 -0.04 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.93% 0.20 +0.02 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 3.0 105.34 0.00 30YR UMBS 3.5 105.48 +0.02 30YR GNMA 3.0 104.84 -0.19 30YR GNMA 3.5 105.14 0.00 15YR UMBS 3.0 105.08 +0.06 15YR UMBS 2.5 104.92 +0.05 Treasuries Yield Change 2 YR 0.1429% -0.0039 5 YR 0.2690% -0.0316 10 YR 0.6820% -0.0393 30 YR 1.4258% -0.0476 Prices as of: 9/8/2020 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

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

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.