Monday, November 16, 2009

Mortgage Rates Hold Near Aggressive Levels

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
Reports from fellow mortgage professionals indicate mortgage rates are holding steady, near last week's aggressive closing levels. The par 30 year... - Mortgage Rate Watch
Federal Reserve Chairman Ben Bernanke today spoke at the Economic Club of New York. The topic of his speech was the Outlook for the Economy and Policy... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 99-18 0-13
FNMA 4.5 101-29 0-05
FNMA 5.0 104-07 0-00
FNMA 5.5 105-25 0-03
FNMA 6.0 106-21 0-05
Updated: 11/16/09 5:11 PM
Treasuries
3 MO 0.0558 0.0041
2 YR 0.7658 -0.0406
5 YR 2.1842 -0.0701
10 YR 3.3343 -0.0835
30 YR 4.2737 -0.0778
Updated: 11/16/09 5:15 PM
Mortgage Rates
30 Yr FRM 4.92 -0.02
15 Yr FRM 4.32 -0.04
FHA 30 Year 5.06 -0.01
Jumbo 30 Year 5.91 -0.01
5/1 Yr ARM 3.89 -0.01
Updated: 11/16/09 1:40 PM
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Recent Comments
JTB
on 11/16/2009 - read this comment
Part of the dilemna is a HEALTHY # of borrowers 3 months into the process with Big Banks in my area. Who knows how many would like to do something, but can't seem to work their way through the maze...
JTB
on 11/16/2009 - read this comment
TSYs, MBS, and Stocks rallying together once again. This game of chicken is going to end at some point, no? If/When it does someone's going to get hurt, badly.
jdeyber
on 11/16/2009 - read this comment
I think the Chinese are going to keep buying MBS since they have a tangible asset behind them as opposed to the "Faith and Ability of the US Government" treasury market. At least when we do default...
Christopher Stevens
on 11/16/2009 - read this comment
I am very nervous of the rate market. I see a correction coming but I just don't know when. It seems every time I lock my pipeline the rates dip a little more. I know you can't call a bottom but...

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