Friday, February 12, 2010

MBS WEEKLY: Don't Expect to See 2009 Rates in 2010

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
A long weekend lies ahead in which much may...or... may not occur. Seems like a good time for an "official announcement" from abroad doesn't... - MBS Commentary
We have become pioneers regardless if we want to be one or not. We will have to adapt, adjust and expect the unexpected to survive and thrive. Do you... - The Garrett Watts Report
The Federal Reserve yesterday released an outline of their plan to remove the financial marketplace from the supportive influences of accomodative monetary... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 98-00 0-13
FNMA 4.5 100-27 0-06
FNMA 5.0 103-21 0-02
FNMA 5.5 105-15 0-00
FNMA 6.0 106-09 0-01
Updated: 2/12/10 4:29 PM
Treasuries
3 MO 0.0872 -0.0228
2 YR 0.8265 -0.0835
5 YR 2.3305 -0.0596
10 YR 3.6928 -0.0372
30 YR 4.6464 -0.0437
Updated: 2/12/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.97 -0.01
15 Yr FRM 4.29 -0.01
FHA 30 Year 5.17 0.01
Jumbo 30 Year 6.42 0.02
5/1 Yr ARM 4.20 -0.01
Updated: 2/12/10 3:58 PM
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Insight on better-than-expected retail sales and slipping consumer sentiment data, with Andy Wolf, BB&T retail analyst and Ylan Mui, Washington Post...
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The latest on oil inventories show a surprising build in crude oil inventories, with CNBC's Sharon Epperson.
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2/12/2010
Financial problems overseas are setting up a flight to quality in the U.S. Treasury market, with William O'Donnell, RBS head of U.S. interest rates...

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Recent Comments
Brian O'Reilly
on 2/12/2010 - read this comment
All good points: 1. The US deficit is an issue to long-term growth and stability; but by the same token - stimulus is required to continue priming the growth engine. The challenge will be striking the...
Jason Harris
on 2/11/2010 - read this comment
For 2010 you will need be positioned well within the purchase market. Refi's will become few and far bewteen. I believe a lot of originators will leave the business this year.
MisterVA
on 2/11/2010 - read this comment
Not sure that even a rise in rates of .5% will really affect demand all that much. If anything, it will likely serve to depress housing prices further. Consumers who are willing to buy still are shopping...
David Jeffers
on 2/11/2010 - read this comment
Brian: When lawmakers take up the challenge that you pose, they will have to face an uncomfortable question: Is Congress ready to accurately estimate the impact of putting on the budget the full cost of...

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