Thursday, August 5, 2010

Advice and Perspective from a Professional Pipeline Manager

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
RISK REPORT: Borrowers who are on a timeline of less than 30-days to closing face the most interest rate risk. The farther out your closing date is, the... - MBS Commentary
As the dust continues to settle and the reality of a long, slow economic recovery sets in, one economic metric in particular will set the tone for the... - MBS Commentary
The official Employment Situation report is slated to be released this Friday at 8:30am eastern. This event holds the most potential to move mortgage rates... - Mortgage Rate Watch
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MBS Quotes
FNMA 4.0 102-13 0-04
FNMA 4.5 104-19 0-01
FNMA 5.0 106-22 0-01
FNMA 5.5 107-20 -0-05
FNMA 6.0 108-20 -0-02
Updated: 8/5/10 4:45 PM
Treasuries
3 MO 0.1500 -0.0100
2 YR 0.5300 -0.0300
5 YR 1.5700 -0.0500
10 YR 2.9400 -0.0400
30 YR 4.0500 -0.0200
Updated: 8/5/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.46 -0.02
15 Yr FRM 3.88 -0.02
FHA 30 Year 4.50 -0.02
Jumbo 30 Year 5.80 -0.05
5/1 Yr ARM 3.52 -0.02
Updated: 8/5/10 6:57 PM
Latest Video      
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Hubbard Says Bush Tax Cuts Should Be Extended to 2012: Video
8/5/2010
Aug. 5 (Bloomberg) -- Glenn Hubbard, dean of Columbia University's Graduate School of Business, talks about tax cuts passed during the administration...
White House on the Recovery
8/5/2010
Ron Bloom, senior adviser to Treasury Secretary Geithner and senior counselor for manufacturing policy, talks to CNBC about the labor market.
Obama on Jobs
8/5/2010
President Barack Obama discusses the labor market and the possibility of a double-dip recession with CNBC's Phil LeBeau.

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Recent Comments
Frank Borg
on 8/5/2010 - read this comment
Thanks Adam; your post only reconfirms why I read MND. I can confirm the apparent "collusion" from the big lenders, and it's very frustrating to already be on the floor when I see rates continuing...
Marty Sonke
on 8/5/2010 - read this comment
@dhn121 - generally speaking 181 days from the recording date. You can always call up the person who helped you last and ask them that question.
dhn121
on 8/5/2010 - read this comment
so how often and how soon after a refi can one refi again with different brokers?
Bob Smith
on 8/5/2010 - read this comment
Ray, if you don't mind me asking, how are your clients able to obtain no-cost refinances so easily? I have a loan with Wells Fargo, closed on my house in July of 2009, and I've been told that I'm...

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