Mortgage Rates Continue Hovering Close to Historic Lows

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Nov 21, 2011 4:30PM Mortgage Rates Continue Hovering Close to Historic Lows Today was a quiet for Mortgage Rates . Although several lenders released improved rate sheets later in the day, the overall landscape of rate sheet offerings from lender to lender is strikingly similar to that seen on Friday. This leaves the 4.0% Best-Execution rate intact and even the closing costs associated with whatever rate you were quotes on Friday may not have changed that much today. We said Friday looked like a good day to lock in the context of recent rate offerings so today's essentially... Nov 21, 2011 4:31PM Freddie Mac Sees Bright Spots in Economy but few in Housing Freddie Mac's November Economic Outlook holds some good news for the economy as a whole, but the housing picture remains relatively bleak. Third quarter growth is expected to come in at a 2.5 percent annual rate, more than three time the pace of the first half of the year. The domestic aggregate demand (consumers and businesses) rose 3.6 percent annualized, the second biggest gain in five years, and non-residential fixed investment expanded at what Freddie Mac called "a striking 14 percent pace"... FHA Gets the Nod, Fannie & Freddie Don't; Flood Insurance Changes; NMLS Update Some Rate Sheet Improvements As MBS Hold Gains Despite Surge in Cancellations Existing Home Sales Rise MBS RECAP: 11/21/2011 Historical Chart of Existing Sales. Current Charts of MBS and Treasuries The Week Ahead: Fitting Auctions and Econ Data Into Holiday-Shortened Week View: Front Page | Headline Viewer Micro News 2:08 PM: MBS Hit Highs of The Day. Potential Rate Sheet Improvements 10:55 AM: MBS Gaining Now. Treasuries Relatively Sideways. No Reprices Yet 10:50 AM: Freddie Mac: Lackluster Sales Despite Positive Econ News and Affordablity 10:46 AM: HUD Announces 2011 Sustainable Communities Awards 10:17 AM: NAR: October Existing-Home Sales Rise, Unsold Inventory Continues to Decline 10:02 AM: ECON: October Existing Home Sales Rise 1.4 pct 8:32 AM: MBS Open Anemically Stronger as Treasuries Rise in Flight-to-Safety 4:52 PM: Freddie Mac: Guide Bulletin 2011-23 Offers Servicers Greater Servicing Efficiencies »View All Micro News Around the Web November 2011 U.S. Economic and Housing Market Outlook Chicago Fed National Activity Index Shows Economic Activity Up Slightly in October Treasuries Rising Most Since 2008 as Budget Paralysis Seen Robert Kelly: Inside the fall of a superstar banker Births at 11-Year Low May Prolong Five-Year U.S. Housing Slump "If Only They Enforced Bank Regulations Like They Do [Zuccotti] Park Rules, We Wouldn't Be In This Mess" »View More Around the Web Video News U.S. Treasuries Move Higher Bank Ratings Check: Where Do We Stand? NABE Survey Results »View More Video News Today's Comments "Any news on when HUD will announce the new loan limits?" "Just an FYI: VA loans were not included in this legislation." "geez.... both of you guys sound pretty damn smart. Maybe I will take a vacation next week and you can hold down the fort? really good comments/insight..." »View More Comments Today's Q&A "CAN A DWI FELON OBTAIN A REAL ESTSATE LICENSE IN MISSOURI" "I have a refi that I'm closing in a few days and discovered there is an old boyfriend on title. " "Will either one of us be backtaxed for this or is this debt forgiven on this short sale?" »View More Q&A jeffer90576 -view profile -edit profile Subscription Level: Non-Premium Manage Account Market Data Mortgage Rates 30YR 4.05 -0.01 15YR 3.45 0.01 FHA30YR 3.79 -0.02 Jumbo30YR 4.37 -0.01 5/1ARM 3.00 -0.01 MBS Quotes 30YR FNMA 3 101-29 0-08 30YR FNMA 4 104-02 0-06 30YR FNMA 4 105-17 0-01 30YR FNMA 5 107-07 -0-02 Treasuries 2 YR 0.2662 -0.0158 3 YR 0.4146 -0.0054 5 YR 0.9092 -0.0048 7 YR 1.4319 -0.0261 10 YR 1.9653 -0.0397 30 YR 2.9491 -0.0439 Recent Housing Data Visit our Market Data Center for all of the latest housing numbers, graphs, etc. Building Permits 10.87% Housing Starts -0.32% Construction 1.37% NAHB Builder 17.65% Mortgage Application -10.04% Mortgage Refinance -12.19% Forward Know someone who might be interested in this email? Forward it. Newsletter Archive Front Page | Headline Viewer | Video | Forums | Q&A | Market Data | Rates | Marketplace : Consumer - Industry © 2011 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031