Freddie Announces No Lump Sum Required After Forbearance; Lenders Weigh In on Covid

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30 Year Fixed

                                                                3.27%
                                                                  
                                                                +0.02

15 Year Fixed

                                                                3.10%
                                                                  
                                                                +0.01

10YR Treasury

                                                                0.66%
                                                                  
                                                                +0.0566

FNMA 30YR 3.5

                                                                105.34
                                                                  
                                                                -0.13

FNMA 15YR 2.5

                                                                105.34
                                                                  
                                                                -0.06

View Today's Rates

Monday April 27, 2020

MND NewsWire - 11:52AM

Freddie Announces No Lump Sum Required After Forbearance

Freddie Mac has laid out options that borrowers who have been granted forbearance on its loans have when it comes to repayment. The company's CEO David Brickman stressed that borrowers ...

MBS Commentary - 9:16AM

MBS Week Ahead: Fed Announcement, 1st Look at GDP; Fewer Fed Purchases

After weeks and weeks spent discussing the impacts on growth surrounding coronavirus, we're only now getting to the very first release of GDP for Q1. Forecast consensus is -4.0. There ...

Pipeline Press - 9:00AM

Servicing, LO Jobs; CRM, Broker Products; Webinars From Your Couch; Top Lenders Weigh in on Covid

My Saturday was going pretty well until I realized it was Sunday. Remember when Zillow was going to take over the mortgage business? Or Amazon was going to undercut everyone’s ...

Latest Video

What it's like to be a millennial landlord during the coronavirus pandemic

Trump advisor Kevin Hassett says US economy could see 30% contraction in second quarter

Allianz's Mohamed El-Erian on the top three issues markets are focused on

More News from 'Around the Web'

Reuters - 4:00PM
Wall Street gains as some U.S. states reopen for business
CNBC - 3:59PM
The Fed won't move on rates this week, but here are some other things it could do
CNBC - 2:52PM
Many small businesses go back to work as some states lift stay-at-home restrictions
Reuters - 1:57PM
New York state cancels presidential primary over coronavirus risk
CNBC - 12:52PM
Jeffrey Gundlach says a retest of the low is 'very plausible,' market underestimating social unease
Reuters - 11:25AM
U.S. payroll protection program: What has changed in round two?
CNBC - 11:12AM
Homebuilders suddenly see sales jump as renters flee small urban apartments
Calculated Risk Blog - 10:52AM
Dallas Fed: "Contraction in Texas Manufacturing Sector Worsens", Record Low Activity Index
eyeonhousing.org - 10:11AM
Share of Americans Looking to Buy a Home Drops to Lowest 1st Quarter Reading in Three Years
FHFA - 10:09AM
"No Lump Sum Required at the End of Forbearance" says FHFA's Calabria
Reuters - 10:03AM
U.S. banks gird for mad grab of another $310 billion in new small business aid
Reuters - 8:05AM
Taper Tantrum II? Fed's slowing Treasury purchases may boost bond yields
Reuters - 8:04AM
U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.27%

+0.02

15 Yr FRM

3.10%

+0.01

FHA 30 Year Fixed

3.50%

+0.06

Jumbo 30 Year Fixed

4.43%

-0.05

5/1 Yr ARM

4.12%

-0.03

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

+0.00

15 Yr. Fixed

3.03%

0.33

-0.01

30 Yr. Jumbo

3.81%

0.34

+0.01

30 Yr. FHA

3.33%

0.19

-0.12

5/1 ARM

3.29%

-0.15

-0.05

Freddie Mac **

30 Yr. Fixed

3.33%

0.70

+0.02

15 Yr. Fixed

2.86%

0.70

+0.06

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.28%

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

105.33

-0.06

30YR UMBS 3.5

105.34

-0.13

30YR GNMA 3.0

105.55

-0.55

30YR GNMA 3.5

105.23

+0.02

15YR FNMA 3.0

105.34

-0.06

15YR FNMA 2.5

104.19

-0.11

Treasuries

Yield

Change

2 YR

0.2263%

+0.0038

5 YR

0.4069%

+0.0319

10 YR

0.6621%

+0.0566

30 YR

1.2592%

+0.0840

Prices as of: 4/27/2020 4:56PM 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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