Monday, November 2, 2009

Refinancing Boom Boosts Profitability; Pending Home Sales

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MBS Quotes
FNMA 4.0 98-12 -0-09
FNMA 4.5 100-29 -0-09
FNMA 5.0 103-14 -0-07
FNMA 5.5 105-02 -0-05
FNMA 6.0 106-04 -0-03
Updated: 11/2/09 3:57 PM
Treasuries
3 MO 0.0396 -0.0105
2 YR 0.9206 0.0206
5 YR 2.3383 0.0283
10 YR 3.4258 0.0158
30 YR 4.2677 0.0377
Updated: 11/2/09 4:10 PM
Mortgage Rates
30 Yr FRM 4.97 -0.03
15 Yr FRM 4.44 -0.02
FHA 30 Year 5.09 -0.02
Jumbo 30 Year 5.94 -0.04
5/1 Yr ARM 3.89 -0.05
Updated: 11/2/09 1:05 PM
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Recent Comments
Josh Ruffin
on 11/2/2009 - read this comment
I commented last week on the ease of applying for the first time home buyer tax credit. While I have yet to hear anything about my personal credit return, a close friend of mine filed for hers a couple...
Adam Quinones
on 11/2/2009 - read this comment
Bobby, the bond market's resiliency is a function of a record low Fed rates policy and a steep yield curve...which is in itself a factor of an uncertain economic outlook. I do believe the stock market...
Bobby Downey
on 11/2/2009 - read this comment
GM AQ.....watching Bloomberg this morning I see David Tice talking about where the S & P is heading and I am wondering how much credibility can I lend what he says.....he says stocks are way overbought...
Raymond J Ruddy III
on 10/30/2009 - read this comment
If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks...

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If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/116773.aspx