Daily Newsletter: Freddie Mac's Volume Dropped Sharply in May; Forbearances Increase Slightly

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30 Year Fixed 3.20%   +0.00 15 Year Fixed 2.62%   +0.00 10YR Treasury 1.48%   -0.0425 View Today's Rates

Monday June 28, 2021 MND NewsWire - 11:38AM Freddie Mac's Volume Dropped Sharply in May Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.6 percent in May compared to a 13.2 percent gain in April. The portfolio balance ... MND NewsWire - 11:37AM Housing Activist Named FHA Commissioner The White House has announced another key appointee to a federal housing post. Julia Gordon has been named Assistant Secretary for Housing at the Department of Housing and Urban Development ... MND NewsWire - 11:36AM Forbearances Show Slight Increase Black Knight reports that the number of loans in forbearance rose by 1,000 during the week ended June 22. The company says this was a continuation of what's become a common trend of ... MBS Commentary - 10:39AM MBS Week Ahead: Holding a Narrower Range as Jobs Report Approaches This week brings good potential for volatility as Friday represents the confluence of several individual events that are normally worth some volatility on their own. The jobs report ... AE, MLO, Ops Jobs; Credit, Warehouse, Tax and Flood, MI Tools; FHA Changes Biden Appoints New FHFA Director Latest Video The 9am Bond Report - June 28, 2021 Fed's involvement in mortgage market suppresses volatility: Ironsides' Knapp Fed is seemingly on hold: Schroders' Ron Insana More News from 'Around the Web' The Basis Point - 3:15PM Home Price Gains Outpace Wage Growth In 72% Of U.S. Cities – but that doesn't derail you as a homebuyer www.ginniemae.gov - 3:13PM Ginnie Mae to Enable Securitization of Mortgage Modifications with Terms up to 40 Years Calculated Risk Blog - 3:13PM Freddie Mac: Mortgage Serious Delinquency Rate decreased in May CNBC - 1:41PM Fed Vice Chair Quarles casts significant doubt on establishing a digital dollar Calculated Risk Blog - 12:28PM Housing Inventory June 28th Update: Inventory Increased Week-over-week Calculated Risk Blog - 9:51AM Real Personal Income less Transfer Payments Above Previous Peak CNBC - 8:03AM 10-year Treasury yield eases slightly but holds at 1.5% to start the week Today's Rates Best Execution Rate Change 30 Yr FRM 3.20% +0.00 15 Yr FRM 2.62% +0.00 FHA 30 Year Fixed 2.75% +0.00 Jumbo 30 Year Fixed 3.17% -0.01 5/1 Yr ARM 2.28% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates MBA ** 30 Yr. Fixed 3.17% 0.30 -0.03 15 Yr. Fixed 2.55% 0.30 -0.10 30 Yr. Jumbo 3.28% 0.30 -0.06 30 Yr. FHA 3.12% 0.24 -0.03 5/1 ARM 2.59% 0.47 -0.08 Freddie Mac ** 30 Yr. Fixed 3.02% 0.70 +0.09 15 Yr. Fixed 2.34% 0.70 +0.10 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.53% 0.30 +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 2.0 100.94 +0.31 30YR UMBS 2.5 103.34 +0.20 30YR GNMA 2.0 101.75 +0.25 30YR GNMA 2.5 103.06 -0.14 15YR UMBS 2.0 103.05 +0.11 15YR UMBS 2.5 104.16 +0.11 Treasuries Yield Change 2 YR 0.2563% -0.0118 5 YR 0.9006% -0.0241 10 YR 1.4816% -0.0425 30 YR 2.1014% -0.0494 Prices as of: 6/28/2021 4:40PM 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

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