Black Knight's Mortgage Monitor for the month of October looks at current delinquency statistics and their potential downstream effects on inventory and other housing concerns. The report seems to confirm that homeowners, even those who sought forbearance protection during the COVID-19 pandemic, seem to be performing well on their mortgage loans. The national mortgage delinquency rate was at 3.74 percent in October, down from a pandemic peak of over 8 percent in April 2020. While there are still almost 700,000 more serious delinquencies, borrowers more than 90 days past due, than before the onset of the pandemic, those numbers fell by 127,000 or 10 percent during October as the first wave of forborne homeowners reached the end of eligibility and returned to making payments. Black Knight says

December 8, 2021 Download our Mobile App: Download our Mobile App: Housing News Soft Landing from Pandemic Could Mean Less Inventory, Higher Prices Black Knight's Mortgage Monitor for the month of October looks at current delinquency statistics and their potential downstream effects on inventory and other housing concerns. The report seems to confirm that homeowners, even those who sought forbea... (read more) Housing News Lower Rates Stoked Refinancing During Post Holiday Week The combination of lower rates and a post-holiday business week made mortgage application activity during the week ended December 3 more than a little uneven. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortga... (read more) Rob Chrisman Sales, Appraisal Jobs; Jumbo, Processing, Servicing, Warehouse Tools; Better.com's Woes “Dear Santa: This year I would like a) a slim body, and b) a fat bank account. Don’t mix them up like you did last year.” Ah, if only we could turn back time. Better.com CEO Vishal Garg's apology letter to current employees has been... (read more) Mortgage Rates Mortgage Rates Hold Steady After Moving Higher Earlier This Week 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 MBS Live Recap: Losses Continue for Treasuries, But Not MBS 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 4:45PM 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 4:45PM EST Latest Video Treasury auctions $36B in 10-year notes The 9am Bond Report - December 8, 2021 Better.com CEO fires more than 900 employees on Zoom call Long-term interest rates are stuck, we're in a global debt trap: Morgan Sta... Around the Web CNBC Another Powell pivot raises questions about the Fed's policy credibility Calculated Risk Blog NMHC: Rent Payment Tracker Shows Households Paying Rent Increased YoY in Early December Redfin Housing Market Update: Home Prices Hit Another Record High as Supply of Homes For Sale Hits Record Low Calculated Risk Blog BLS: Job Openings Increased to 11.0 million in October CNBC Pfizer-BioNTech say booster dose provides high level of protection against omicron variant CNBC Treasury yields inch lower amid mixed updates on the omicron variant Reuters U.S. House passes bill to speed passage of debt limit increase Calculated Risk Blog Leading Index for Commercial Real Estate "Declines in November"; Up Sharply Year-over-year Reuters Amazon services down for thousands of users - Downdetector.com CFPB CFPB Issues Final Rule to Facilitate Transition from LIBOR Calculated Risk Blog 1st Look at Local Housing Markets in November Fannie Mae Economic Pessimism Hits 10-Year High, but Consumer Sentiment Toward Housing Remains Flat CNBC Wells Fargo sees borrower defaults starting to rise from low levels reached during pandemic

© 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.