Housing Market Confidence Continues Bouncing Back; Wake-Up Call For Rates

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30 Year Fixed

                                  2.92%
                                    
                                  +0.00

15 Year Fixed

                                  2.62%
                                    
                                  +0.00

10YR Treasury

                                  0.67%
                                    
                                  +0.0263

FNMA 30YR 3.5

                                    105.20
                                      
                                    +0.14

FNMA 15YR 2.5

                                    105.08
                                      
                                    -0.11

View Today's Rates

Wednesday July 8, 2020

MND NewsWire - 2:22PM

Housing Market Confidence Continues to Bounce Back

Fannie Mae's Home Purchase Sentiment Index (HPSI) continued to rebound last month from its sharp retreat to near record lows in the Spring. The Index, based on selected responses to ...

MND NewsWire - 10:44AM

Mortgage Application Volume Recovers its Momentum

Mortgage application volume bounced back into positive territory last week , even though banks and many businesses were closed on Friday for the Independence Day Holiday. The Mortgage ...

Mortgage Rate Watch - 4:08PM

Fairly Innocent Wake-Up Call For Mortgage Rate Watchers

Mortgage rates were unchanged today for the average lender. That means they remain at all-time lows that are even lower than the all-time lows seen during the previous 3 business days ...

MND NewsWire - 8:37AM

Study Shows Low Housing Supply Leads to Gentrification

A study by the Urban Institute (UI) has found a strong correlation between the home price to income ratio in an area and its rate of gentrification. The results are published on UI ...

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CNBC - 4:07PM
Two-thirds of laid off workers eligible for benefits that exceed their wages: NBER paper
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Houston Real Estate in June: Sales Up 18.3% YoY, Inventory Down 17.5% YoY, Concerns going forward
www.redfin.com - 2:53PM
House Hunting? 10 Potential Red Flags to Be Aware of
CNBC - 12:49PM
32% of U.S. households missed their July housing payments
Calculated Risk Blog - 12:48PM
NMHC: Rent Payment Tracker Finds Decline in People Paying Rent in July
Calculated Risk Blog - 11:30AM
Census: Household Pulse Survey shows 34.9% of Households Expect Loss in Income; 25.9% Concerned about Housing
eyeonhousing.org - 11:24AM
Economic Well-Being of U.S. Households (Part 2)
Calculated Risk Blog - 9:51AM
U.S. Heavy Truck Sales down 42% Year-over-year in June
CNBC - 8:15AM
Homebuyer mortgage demand spikes 33% as rates set another record low

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

2.92%

+0.00

15 Yr FRM

2.62%

+0.00

FHA 30 Year Fixed

2.50%

+0.00

Jumbo 30 Year Fixed

3.95%

+0.00

5/1 Yr ARM

2.88%

+0.00

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

3.26%

0.35

-0.03

15 Yr. Fixed

2.77%

0.32

-0.04

30 Yr. Jumbo

3.52%

0.36

-0.07

30 Yr. FHA

3.31%

0.24

-0.12

5/1 ARM

2.98%

0.10

-0.06

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

105.56

+0.14

30YR UMBS 3.5

105.20

+0.14

30YR GNMA 3.0

105.72

-0.03

30YR GNMA 3.5

105.45

-0.08

15YR UMBS 3.0

105.08

-0.11

15YR UMBS 2.5

104.98

+0.03

Treasuries

Yield

Change

2 YR

0.1626%

+0.0020

5 YR

0.3022%

+0.0158

10 YR

0.6660%

+0.0263

30 YR

1.4009%

+0.0255

Prices as of: 7/8/2020 4:41PM 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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