Tracking Covid's Impact on Mortgages; Record Low Rates For How Long?

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30 Year Fixed

                                  2.94%
                                    
                                  +0.00

15 Year Fixed

                                  2.64%
                                    
                                  +0.00

10YR Treasury

                                  0.68%
                                    
                                  +0.0099

FNMA 30YR 3.5

                                    105.13
                                      
                                    -0.09

FNMA 15YR 2.5

                                    105.19
                                      
                                    -0.03

View Today's Rates

Monday July 6, 2020

MBS Commentary - 3:44PM

MBS RECAP: Record High MBS Prices, Record Low Rates. What Next?

Record High MBS Prices, Record Low Rates. What Next? Bonds and rates clearly aren't looking at economic data as a key source of motivation, nor are they playing by the normal set of ...

MND NewsWire - 11:24AM

More Covid Data Rolls in, Are Refis Here to Stay?

Black Knight has again taken a look at the number of Americans who could benefit significantly from refinancing their first mortgages, but the facts are shifting almost faster than ...

MND NewsWire - 2:13PM

Construction Spending Showing Promise

Despite any impact from the COVID-19 pandemic, construction spending is still largely managing to stay ahead of its 2019 levels . The U.S. Census Bureau said total spending in May was ...

Mortgage Rate Watch - 3:58PM

Mortgage Rates Staying Very Flat and Very Low

Mortgage rates barely budged for the third straight day, which is welcome news considering they are at all-time lows. The stability comes in spite of at least two important economic ...

Latest Video

SBA and Treasury to release names of largest PPP loan recipients

Coronavirus mortgage bailouts see largest one-week drop

Henrich: Everybody is deferring to the "Fed put" as the primary reason for buying stocks

More News from 'Around the Web'

Calculated Risk Blog - 3:46PM
By Request: Percent Permanent Job Losers by Recession
CNBC - 3:43PM
Stocks continue to rise amid surge in U.S. coronavirus casesFour experts on what's next
CNBC - 3:43PM
Dr. Anthony Fauci says the average age of U.S. coronavirus patients has dropped by 15 years as Sun Belt states gets hit
Calculated Risk Blog - 1:08PM
Black Knight Mortgage Monitor for May, Cash-Out Refinance Activity Declined
CNBC - 12:15PM
'Interest-only' mortgages might make sense in some situations, but beware the risks
CNBC - 12:08PM
Companies returned $30 billion in small-business loans from PPP
Calculated Risk Blog - 10:18AM
ISM Non-Manufacturing Index increased to 57.1% in June
CNBC - 8:45AM
Refinancing your mortgage could put cash in your pocket here's how to find out if it's right for you
Calculated Risk Blog - 8:05AM
Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Declined
Calculated Risk Blog - 8:03AM
Census: Household Pulse Survey shows 32% of Households Expect Loss in Income; 24.5% Concerned about Housing

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

2.94%

+0.00

15 Yr FRM

2.64%

+0.00

FHA 30 Year Fixed

2.50%

+0.00

Jumbo 30 Year Fixed

3.95%

+0.00

5/1 Yr ARM

2.88%

-0.02

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

3.29%

0.36

-0.01

15 Yr. Fixed

2.81%

0.40

+0.00

30 Yr. Jumbo

3.59%

0.31

-0.03

30 Yr. FHA

3.43%

0.36

+0.08

5/1 ARM

3.04%

-0.03

-0.05

Freddie Mac **

30 Yr. Fixed

3.07%

0.80

-0.06

15 Yr. Fixed

2.56%

0.80

-0.03

1 Yr. ARM

2.68%

0.20

+0.01

5/1 Yr. ARM

3.00%

0.30

-0.08

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

105.27

-0.02

30YR UMBS 3.5

105.13

-0.09

30YR GNMA 3.0

105.72

+0.03

30YR GNMA 3.5

105.38

+0.27

15YR FNMA 3.0

105.19

-0.03

15YR FNMA 2.5

104.88

+0.03

Treasuries

Yield

Change

2 YR

0.1606%

+0.0060

5 YR

0.3022%

+0.0080

10 YR

0.6792%

+0.0099

30 YR

1.4418%

+0.0126

Prices as of: 7/6/2020 4:33PM 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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