MORT

30-year fixed-rate mortgage averages 2.72% for the week ending Nov. 25, unchanged from the previous week, and down from 3.68% at this time a year ago, according to the Freddie

The mortgage delinquency rate improved in October, falling to 6.44%, down for a fifth month and reaching its lowest level since March, according to Black Knight "first look" at October

30-year fixed rate mortgage averages 2.72% for the week ending Nov. 19, 2020, its lowest level in the Freddie Mac Primary Mortgage Market Survey's history dating back to 1971.Compares with

30-year fixed-rate mortgage averages 2.84% for the week ending Nov. 12, 2020 vs. 2.78% in the prior week and 3.75% at this time a year ago, according to the Freddie

Readers love our series on the different types of REITs. We’re bringing a similar layout to preferred shares.There are several options among the mortgage REIT preferred shares we cover. By covering the sector, we’ve got a more detailed view on the individual shares.Today, we’re highlighting EFC-A. It sits in our neutral range. Risk looks comparable to the NRZ preferred shares, but the yield is lower.Let us know what you think of the layout in the comments. Early feedback on the layout is the easiest feedback to include.Suggestions for a recognizable series title are welcome also.

We’re highlighting Western Asset Mortgage Capital Corp., a very rare entry in our columns. We’re highlighting it because shares are in the neutral range.Shares are getting much closer to the target buy range, and are now quite far from our prior Sell ratings.Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end.In this series, we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment.When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.

I'm projecting AGNC will report a combined, relatively unchanged unrealized fluctuation on available-for-sale securities and investment securities measured at FMV for the third quarter of 2020.Most generic 15- and 30-year fixed-rate agency MBS coupons had minor-modest price fluctuations during the quarter. However, higher coupon specified pools slightly outperformed generic agency MBS at quarter-end.This three-part article also highlights to readers the heightened importance of understanding the relationship between AGNC’s MBS/investment portfolio and the company’s derivatives instruments regarding changes in quarterly valuations.Similar to the prior quarter, a “positive” relationship existed between fixed-rate agency MBS pricing and derivative instrument valuations during the third quarter of 2020.My AGNC comprehensive income projection for the third quarter of 2020 is stated in the “Conclusions Drawn” section.

30-year fixed-rate mortgage averages 2.80% for the week ending Oct. 22, down from 2.181% in the previous week and 3.75% a year ago, according to the Freddie Mac Primary Mortgage