Mortgage rates were unchanged to slightly lower today, bringing the average lender right in line with all-time lows . Averages aside, several lenders are slightly higher than they were on Friday. Either way, the movement was minimal over the weekend. Beyond that, no conversation about all-time low rates would be complete without several of these recently relevant caveats: 1. Different borrowers will see different pricing. This sort of goes without saying, but it's much more pronounced than it has been before coronavirus. Specifically, we're talking about the big differences in mortgage rate quotes for borrowers with certain combinations of risk factors. These include things like investment properties, cash-out, higher loan-to-value ratios, and the like. The all-time low rates seen in 2012

June 30, 2020 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Continue at All-Time Lows, But Caveats Remain Mortgage rates were unchanged to slightly lower today, bringing the average lender right in line with all-time lows . Averages aside, several lenders are slightly higher than they were on Friday. Either way, the movement was minimal over the weekend.... (read more) Rob Chrisman Servicing, Inspection, Loss-mit Products; CFPB's Structure to Change; Ginnie Adjusts Pooling Requirements Some days you don’t learn much, other days you learn a lot (skip the ad). We’ve learned that COVID is driving our economy, not fundamental economic news, and at this point virologists have better forecasts than economists. Appearing with ... (read more) Housing News Home Prices "Remarkably Stable" in April Home prices continued to hold up on a national basis in April. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, reported a 4.7 percent annual gain in April, up from 4.6 percent in March. The ... (read more) Housing News Record Surge in Pending Home Sales Lawrence Yun, chief economist for the National Association of Realtors® (NAR), predicted last month that April's home sales contract activity "will be the lowest point for pending sales." That turns out to have been a huge understatement--at leas... (read more) Housing News Supreme Court Rules Single CFPB Director Unconstitutional The Supreme Court, in a 5-4 decision along partisan lines, took a chunk out of the intentions the Dodd-Frank Act had for the Consumer Financial Protection Bureau (CFPB) when it created it. The court ruled that the single-director structure of the age... (read more) MBS Commentary MBS Live Recap: Surprisingly Quiet Quarter-End Trading. No Objections Here Surprisingly Quiet Quarter-End Trading. No Objections Here The last trading day of any given month (especially if it's also the end of a quarter) can often see elevated volatility without any obvious motivat... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.67% +0.00% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.67% 0.00 0.00 15 Yr. Fixed 5.91% 0.00 0.00 30 Yr. FHA 6.19% -0.01 0.00 30 Yr. Jumbo 6.80% 0.00 0.00 7/6 SOFR ARM 6.29% -0.04 0.00 30 Yr. VA 6.20% -0.02 0.00 Updates Daily - Last Update: 7/1 15 Yr. Fixed Rate 5.91% +0.00% Rate Change Points Freddie Mac 30 Yr. Fixed 6.77% -0.04 0.00 15 Yr. Fixed 5.89% -0.07 0.00 Updates Weekly - Last Update: 6/26 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.88% +0.04 0.63 15 Yr. Fixed 6.11% -0.03 0.74 30 Yr. Jumbo 6.88% +0.07 0.60 Updates Weekly - Last Update: 6/25 MBS / Treasuries UMBS 30YR 5.5 99.89 -0.17 Price / Yield Change MBS UMBS 5.5 99.89 -0.17 UMBS 6.0 101.58 -0.10 GNMA 5.5 100.07 -0.13 GNMA 6.0 101.36 -0.14 Pricing as of: 7/1 12:45PM EST 10 Year US Treasury 4.2690 +0.0444 Price / Yield Change US Treasury 2 YR Treasury 3.776 +0.060 5 YR Treasury 3.851 +0.047 7 YR Treasury 4.040 +0.050 10 YR Treasury 4.268 +0.043 30 YR Treasury 4.798 +0.022 Pricing as of: 7/1 12:45PM EST Latest Video Powell: Fed committed to using all tools available Consumer confidence index comes in better than expected in June Paychex small business report indicates employment is steady in June Powell: Recovery path is 'extraordinarily uncertain' Around the Web Calculated Risk Blog Fannie Mae: Mortgage Serious Delinquency Rate Increased in May Calculated Risk Blog Las Vegas Visitor Authority: "No Convention Attendance, Hotel Occupancy 2.8%" in May CNBC Treasury Department, IRS will not extend Tax Day a second time CNBC The wealthy are prepping for tax increases with these three strategies Calculated Risk Blog "Chemical Activity Barometer Falls Slightly In June" CNBC U.S. consumer confidence for June jumps to 98.1, vs 91 expected Calculated Risk Blog Case-Shiller: National House Price Index increased 4.7% year-over-year in April CNBC The coronavirus is expected to have cost 400 million jobs in the second quarter, UN labor agency estimates CNBC PPP loans are ending. Here's where small businesses can turn now CNBC Treasury yields retreat as Fed's Powell stresses uncertainty and coronavirus cases surge twitter.com FHFA is providing tenant protections to help renters in multifamily properties stay in their homes Calculated Risk Blog MBA Survey: "Share of Mortgage Loans in Forbearance Decreases Slightly to 8.47%" of Portfolio Volume CNBC Powell says recovery path is 'extraordinarily uncertain' amid efforts to control virus

© 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.