Friday, January 29, 2010

Mortgage Rates End Choppy Week Near Best Levels

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Following the release of much better than expected 4th Quarter GDP, mortgage-backed security prices fell. This forced lenders to move mortgage rates slightly... - Mortgage Rate Watch
Consumer complaints about debt-assistance companies have spawned tougher new laws designed to crack down on scam artists. In many states, these new laws... - Community Commentary
Let's try something a little different for the weekend... No novel tonight. Lock/Float considerations were well discussed earlier in the day. But when... - MBS Commentary
jeffer90576
MBS Quotes
FNMA 4.0 98-03 0-13
FNMA 4.5 100-31 0-05
FNMA 5.0 103-29 0-04
FNMA 5.5 105-30 0-06
FNMA 6.0 107-01 0-05
Updated: 1/29/10 4:31 PM
Treasuries
3 MO 0.0800 0.0000
2 YR 0.8200 -0.0500
5 YR 2.3400 -0.0700
10 YR 3.6300 -0.0500
30 YR 4.5100 -0.0600
Updated: 1/29/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.95 -0.03
15 Yr FRM 4.29 -0.02
FHA 30 Year 5.14 -0.03
Jumbo 30 Year 6.37 -0.01
5/1 Yr ARM 4.15 -0.03
Updated: 1/29/10 5:25 PM
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Breaking The Cycle of Fear
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Carlos Gutierrez, former Commerce Secretary; Stuart Schweitzer, JPMorgan Private Bank; David Malpass, Encima Global; and the Power Lunch team.
Cash Shortfall in California ... Again!
1/29/2010
California's governor is trying to find some new ideas to resolve the state's budget shortfall, with CNBC's Jane Wells.
Romer Expects Positive Jobs Growth by `Spring' in U.S.: Video
1/29/2010
Jan. 29 (Bloomberg) -- Christina Romer, chairman of the White House Council of Economic Advisers, talks with Bloomberg's Betty Liu about fourth-quarter...

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Recent Comments
Michael Cromwell
on 1/29/2010 - read this comment
Locked 1 closing next week. Floating the rest of my huge pipeline(4). Purchases have slowed down substantially here. Bears look to be digging in & think we may have a little stock lever help next week...
Mike Wald
on 1/29/2010 - read this comment
Jay Thomas, grab it and run. Couldn't agree with you more Edgar. As each lender changes their policies, procedures forms, etc.. and how they want each document and file uploaded, it makes far to cumbersome...
Jay Thomas
on 1/29/2010 - read this comment
I would like to first give a big thumbs up to you guys for doing a great job. I have been following your posts for a couple months now and its just great. I have been slowly turning from a no-one to somewhat...
Edgar
on 1/29/2010 - read this comment
Thanks AQ....now seeing 101-03 and will we break 3.600 on the 10s??? Michael C. this is for you: that was the most over bloated GDP number in recent memory. Strip out government spending and inventory...

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