Thursday, February 18, 2010

Mortgage Rates on Two Day Losing Streak. Lock Bias Stands

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
Just like yesterday, mortgage rates moved higher at the open today...and then even higher later in the day as MBS prices fell further and lenders had to... - Mortgage Rate Watch
Profiling is not a lawful practice, but certain types of profiling may be a useful tool when recruiting and hiring employees for a company. Let's be clear... - The Garrett Watts Report
Since the inception of the program in January 2009, the Fed has spent 135830.19 trillion in the agency MBS market, or 95.59 percent of the allocated 135830.25... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 96-31 -0-21
FNMA 4.5 100-08 -0-13
FNMA 5.0 103-04 -0-14
FNMA 5.5 105-03 -0-09
FNMA 6.0 106-03 -0-06
Updated: 2/18/10 4:49 PM
Treasuries
3 MO 0.1000 0.0000
2 YR 0.9000 0.0300
5 YR 2.4600 0.0600
10 YR 3.7900 0.0500
30 YR 4.7400 0.0400
Updated: 2/18/10 5:40 PM
Mortgage Rates
30 Yr FRM 5.01 0.03
15 Yr FRM 4.33 0.02
FHA 30 Year 5.23 0.04
Jumbo 30 Year 6.49 0.03
5/1 Yr ARM 4.29 0.05
Updated: 2/18/10 5:48 PM
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Officials are now investigating whether the plane crash in Austin, Texas was intentional, with NBC's Tom Costello.

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Recent Comments
Larry Gray
on 2/18/2010 - read this comment
I locked a couple of loans upon submission yesterday morning, including one after first reprice (client happy.) I have one floating because it is in suspension and I told the client we can not lock it...
Adam Quinones
on 2/17/2010 - read this comment
Originator supply was in the neighborhood of 135598.5 to bn today. The Fed bought mostly 4.5s while others ventured UIC again and fast money market participants took profits on extremely rich MBS valuations...
Michael Cromwell
on 2/17/2010 - read this comment
Origination is WAY down. I need REAL buyers to talk with.
Gary Powell
on 2/17/2010 - read this comment
The agency goals from FHFA are a joke. Goals for low income conventional loans? Are you kidding me? What world are these people living in. I haven't even considerd that as an option since the 100%...

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