Wednesday, November 25, 2009

Rates Move Outside the Range

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
Last week the 10yr TSY note bounced around between 3.32% and 3.37%. Early on this week, that range was broken as 10yr note yields tested 3.42%. However... - MBS Commentary
Rates rallied yesterday following a strong 5 year note auction. This helped pave the way for higher MBS prices and lower mortgage rates. By day's end... - Mortgage Rate Watch
One of the major job responsibilities of a branch manager is to locate and hire loan officers. Recruiting is not easy and it takes time to find, recruit... - Community Commentary
jeffer90576
MBS Quotes
FNMA 4.0 99-28 0-01
FNMA 4.5 102-08 0-00
FNMA 5.0 104-22 0-03
FNMA 5.5 106-06 0-00
FNMA 6.0 107-00 -0-02
Updated: 11/25/09 4:29 PM
Treasuries
3 MO 0.0500 0.0000
2 YR 0.7300 0.0000
5 YR 2.1100 -0.0400
10 YR 3.2800 -0.0400
30 YR 4.2300 -0.0200
Updated: 11/25/09 5:43 PM
Mortgage Rates
30 Yr FRM 4.75 -0.04
15 Yr FRM 4.05 -0.07
FHA 30 Year 4.92 -0.03
Jumbo 30 Year 5.85 -0.06
5/1 Yr ARM 3.83 -0.05
Updated: 11/25/09 1:45 PM
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Sales of new homes rose last month, new unemployment claims fall and the Salvation Army takes plastic. The AP's Mark Hamrick reports. (Nov. 25)
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Debating whether a judge's decision to erase a couple's debt is fair, with Matt Englett, KEL Attorneys and Mark Calabria, CATO.

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Recent Comments
Adam Quinones
on 11/25/2009 - read this comment
we again see direct and indirect bidders doing most of the auction buying...these are REAL MONEY accounts putting cash to work heading into year end.
Adam Quinones
on 11/25/2009 - read this comment
While compensation packages are extremely important to originators, in this lending environment we have noticed more and more loan officers who are willing to trade a few basis points to work for an operation...
Dan Lebovics
on 11/25/2009 - read this comment
If you're referring to the 4.0's wasn't the May high at around 101? The 4.5 high in May was around 103, so I don't believe we've broken through any ranges yet. The good news here is...
Raymond J Ruddy III
on 11/24/2009 - read this comment
Phones are ringing again...step 1. need more locks...step 2. Do you think that MBS could become the benchmark asset for low yields. I know that TSY is backed by falling tax receipts and uncontrolled deficit...

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