Rates Slightly Higher to Start The Week; Mortgage Market vs Oil; Forbearance Primer

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30 Year Fixed

                                                                3.44%
                                                                  
                                                                +0.03

15 Year Fixed

                                                                3.28%
                                                                  
                                                                +0.03

10YR Treasury

                                                                0.62%
                                                                  
                                                                -0.0254

FNMA 30YR 3.5

                                                                105.47
                                                                  
                                                                -0.25

FNMA 15YR 2.5

                                                                104.98
                                                                  
                                                                -0.11

View Today's Rates

Monday April 20, 2020

Mortgage Rate Watch - 5:56PM

Mortgage Rates Slightly Higher to Start The Week

While the industry has come to terms with recent challenges in terms of day-to-day volatility, mortgage rates remain higher than they otherwise would be based on financial markets. ...

MBS Commentary - 9:53AM

MBS Week Ahead: Rates vs MBS vs Treasuries vs Stocks vs Oil

This week is relatively limited in terms of economic data. We will get our first look at big home sales reports for March (both "New" and "Existing"), but those numbers are largely ...

Pipeline Press - 9:31AM

AE Jobs; Automation, Non-QM Products; Forbearance Primer: Loans Must be Repaid

As oil prices plummet this morning, while in captivity, uninterrupted sleep is a good thing. I know for a fact that the staff of the Mortgage Bankers Association, including President ...

Latest Video

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More News from 'Around the Web'

Reuters - 5:18PM
Mortgage payments paused or reduced for 3 million U.S. households, survey suggests
eyeonhousing.org - 3:58PM
Some Cities Keep Construction Going via Virtual Inspections
CNBC - 2:48PM
Senate has no deal on the next coronavirus relief bill, but sets up possible Tuesday vote
www.redfin.com - 1:37PM
US Housing Market Reverses Course in March with Coronavirus Shutdowns
Reuters - 1:32PM
Traders play 'hot potato' with U.S. oil contract as it crashes to $5 a barrel
www.redfin.com - 12:49PM
Should I Buy a Home During a Pandemic?
CNBC - 12:27PM
These markets could see the sharpest drop in home prices during coronavirus pandemic
Reuters - 12:19PM
IMF may need 'exceptional measures' to facilitate pandemic response: Georgieva
Reuters - 12:08PM
Congress feuds as deal still elusive on small business coronavirus aid
Reuters - 10:38AM
Expiring U.S. crude oil futures contract posts 'epic' 40% slide
CNBC - 10:38AM
Retailers are begging for the government's help but Treasury might not listen
Calculated Risk Blog - 9:32AM
"Chicago Fed National Activity Index Suggests Economic Growth Decreased Substantially in March"
Reuters - 8:51AM
Chicago Fed economic index takes recessionary plunge in March
CNBC - 8:07AM
US markets haven't priced in a 'significant second wave' of coronavirus, says Citi Private Bank
CNBC - 8:07AM
Treasury yields lower as US oil prices sink

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.44%

+0.03

15 Yr FRM

3.28%

+0.03

FHA 30 Year Fixed

3.45%

+0.05

Jumbo 30 Year Fixed

4.45%

+0.01

5/1 Yr ARM

4.25%

+0.07

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

3.45%

0.29

-0.04

15 Yr. Fixed

3.04%

0.27

+0.00

30 Yr. Jumbo

3.80%

0.23

-0.07

30 Yr. FHA

3.45%

0.19

-0.09

5/1 ARM

3.34%

0.35

-0.05

Freddie Mac **

30 Yr. Fixed

3.31%

0.70

-0.02

15 Yr. Fixed

2.80%

0.70

+0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.34%

0.30

-0.06

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

105.20

-0.22

30YR UMBS 3.5

105.47

-0.25

30YR GNMA 3.0

105.98

-0.25

30YR GNMA 3.5

106.44

-0.30

15YR FNMA 3.0

104.98

-0.11

15YR FNMA 2.5

103.95

-0.13

Treasuries

Yield

Change

2 YR

0.2057%

+0.0038

5 YR

0.3500%

-0.0080

10 YR

0.6163%

-0.0254

30 YR

1.2266%

-0.0381

Prices as of: 4/20/2020 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.

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