Thursday, February 4, 2010

Lenders Improve Mortgage Rates as Stocks Panic. Locking Ahead of Employment Report

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
I have been advising LOCK all week ahead of the Employment Situation Report, which will be released at 8:30am tomorrow morning. While there have been... - Mortgage Rate Watch
"There will be a jobs revision I'm told tomorrow that's likely to show additional job loss at the first part of the recession that started... - MBS Commentary
Because the Employment Situation Report is so influential in the marketplace, it is also a source of great speculation. One source that provides a hint... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 98-12 0-18
FNMA 4.5 101-11 0-17
FNMA 5.0 104-06 0-12
FNMA 5.5 106-05 0-06
FNMA 6.0 107-05 0-07
Updated: 2/4/10 4:29 PM
Treasuries
3 MO 0.0900 -0.0100
2 YR 0.8000 -0.0800
5 YR 2.2900 -0.1100
10 YR 3.6200 -0.1100
30 YR 4.5300 -0.0900
Updated: 2/4/10 5:48 PM
Mortgage Rates
30 Yr FRM 4.94 -0.03
15 Yr FRM 4.26 -0.02
FHA 30 Year 5.11 -0.04
Jumbo 30 Year 6.37 -0.02
5/1 Yr ARM 4.16 -0.03
Updated: 2/4/10 5:29 PM
Latest Video      
View:All Videos
Credit Card vs. Mortgage Payments
2/4/2010
Discussing whether another housing crisis is on the horizon, with Exra Becker, TransUnion Financial Services Group.
Reading Market Moves
2/4/2010
Tomorrow's big employment report adding to the uncertainty on Wall Street, with Richard Bernstein, Richard Bernstein Capital and CNBC's Sue Herera...
Sovereign Debt Concerns
2/4/2010
Discussing the day's selloff on sovereign debt concerns, with Bill Gross, PIMCO founder & co-CIO.

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Recent Comments
Victor Burek
on 2/4/2010 - read this comment
I think the nfp will be worse than expected but not much further improvment. We are getting the rally today. But if nfp surprises better, watch out as we will lose all the gains from today and some. Not...
Seth Ari Steinberg
on 2/4/2010 - read this comment
Edgar, you are right on target. 20% of men between the ages of 25 and 55 are unemployed in the USA right now. That's just the NFP data. There are hundreds of thousands, if not millions of self employed...
Marty Sonke
on 2/4/2010 - read this comment
Do bull markets begin with P/E ratios above 20? The argument then becomes, "Yeah but forward P/E is at about 15." Then my argument becomes, "How often are the analyst wrong in their predictions...
Edgar
on 2/4/2010 - read this comment
Still free to surf the net as I please :) "Does anyone else think stocks are just gearing up for a big old bargain buying rally?" Already happened AQ and it fell apart today. We're lower...

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