Black Knight, in its "first look" at the month's loan data, says that mortgage delinquencies improved for the fifth consecutive month in October. The national delinquency rate fell another 3.3 percent from September to 6.44 percent, the lowest rate since last March. There were 3.437 million mortgages nationwide that were 30 or more days past due but not in foreclosure in October, down 105,000 loans in a month. Despite the five months of improvement, however, the national delinquency rate is 90 percent higher than in October 2019 , and the number of loans in the 30-day delinquency bucket is 1.651 million larger year-over-year. Black Knight's delinquent loan totals include those in active forbearance plans. Serious delinquencies are also in retreat. Loans that were 90 or more days past due but

November 23, 2020 Download our Mobile App: Download our Mobile App: Housing News Delinquencies Fell in October, but Still Nearly Double Those Last Year Black Knight, in its "first look" at the month's loan data, says that mortgage delinquencies improved for the fifth consecutive month in October. The national delinquency rate fell another 3.3 percent from September to 6.44 percent, the lowest rate s... (read more) Rob Chrisman Ops Manager, AE, MLO Jobs; Appraisal, Sales, Relationship Products; Debating Freddie and Fannie's Future Sunday morning I was trying to explain to my cat Myrtle how the total cost of rescuing a stranded Matt Damon in all of his films (think Saving Private Ryan, Interstellar, The Martian) was an estimated $900 billion . She was not impressed, seeing as a... (read more) Housing News Average Loan Taking Almost 2 Months to Close, But With Record Low Rates Ellie Mae said the interest rate across all closed loans dropped below 3 percent for the first time in the nine years the company has been tracking the data. Ellie Mae is now a part of ICE Mortgage Technology, a division of Intercontinental Exchange,... (read more) MBS Commentary MBS Live Recap: Bond Market Weakness Introduce Risk of In-Range Bounce Bond Market Weakness Introduce Risk of In-Range Bounce Bonds were weaker overnight following European economic data and traded sideways for the entirety of the domestic session.  The weakness introduces ... (read more) Mortgage Rate Watch Time Once Again to Discuss "All-Time Low" Mortgage Rates August 4th, 2020 was the best day ever for mortgage rates . That's when we hit the lowest all-time lows we've ever seen, and none of the most prevalent news stories about all-time lows since then have been technically accurate. What's going on here? ... (read more) Housing News Forbearance Totals Edge Up After Two Week Decline The forbearance plan rolls expanded slightly over the past week, reversing two weeks of falling numbers. Black Knight said the total of loans in approved plans, which had declined by 273,000 over the previous two weeks, rose by 30,000. This brings th... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.75% +0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.75% +0.02 0.00 15 Yr. Fixed 5.98% +0.01 0.00 30 Yr. FHA 6.27% +0.02 0.00 30 Yr. Jumbo 6.85% +0.01 0.00 7/6 SOFR ARM 6.32% -0.01 0.00 30 Yr. VA 6.29% +0.03 0.00 Updates Daily - Last Update: 7/3 15 Yr. Fixed Rate 5.98% +0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.67% -0.10 0.00 15 Yr. Fixed 5.80% -0.09 0.00 Updates Weekly - Last Update: 7/3 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.79% -0.09 0.62 15 Yr. Fixed 6.06% -0.05 0.67 30 Yr. Jumbo 6.78% -0.10 0.40 Updates Weekly - Last Update: 6/26 MBS / Treasuries UMBS 30YR 5.5 99.64 -0.20 Price / Yield Change MBS UMBS 5.5 99.64 -0.20 UMBS 6.0 101.43 -0.13 GNMA 5.5 99.86 -0.11 GNMA 6.0 101.34 -0.06 Pricing as of: 7/6 4:54PM EST 10 Year US Treasury 4.3467 +0.0669 Price / Yield Change US Treasury 2 YR Treasury 3.883 +0.095 5 YR Treasury 3.937 +0.070 7 YR Treasury 4.125 +0.068 10 YR Treasury 4.347 +0.067 30 YR Treasury 4.863 +0.055 Pricing as of: 7/6 4:54PM EST Latest Video Biden to nominate Janet Yellen for Treasury secretary: Dow Jones The 9 a.m. Bond Report: November 23, 2020 Economists forecast a difficult first quarter in 2021 as coronavirus cases ... Home Depot and Lowe's Q3 earnings prove home improvement is still hot Around the Web Calculated Risk Blog Chicago Fed National Activity "Index Suggests Economic Growth Increased in October" CNBC Economists are calling for more stimulus checks. Here's where assistance plans stand CNBC Retail trade group forecasts holiday sales rising 3.6% to 5.2% CNBC Regeneron will provide 300,000 doses of Covid treatment for U.S. by early January, CEO Schleifer says NAHB Eye on Housing Slab Foundations Are More Common in New Single-family Homes Calculated Risk Blog Seven High Frequency Indicators for the Economy NAHB Eye on Housing Custom Home Building: 3Q20 Data CNBC Treasury yields climb amid further Covid-19 vaccine developments news.google.com Black Friday Sales, Consumer Confidence: What to know in the week ahead CNBC Biden chooses former Fed Chair Janet Yellen to be Treasury secretary Calculated Risk Blog Two Key Economic Dates in December Calculated Risk Blog Quarterly Starts by Purpose and Design NAR - Realtor.com Home Buyers During Covid Say It Takes a Village To Find a House

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.