Thursday, May 6, 2010

Mortgage Rates Reach 2010 Lows After Stocks Nosedive

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
The biggest single day point drop in the history of the Dow Jones Industrial Average was the primary source of motivation in the interest rate market today... - Mortgage Rate Watch
Regional mortgage bankers (RMB) with a retail and wholesale orientation may be the best partners for mortgage brokers. We won't call it what it really... - The Garrett Watts Report
After three quarters in which it managed to be more or less self-sufficient, Freddie Mac released its financial reports for the first quarter of 2010 showing... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 98-26 0-18
FNMA 4.5 101-15 0-12
FNMA 5.0 104-04 0-13
FNMA 5.5 105-24 0-06
FNMA 6.0 107-03 0-05
Updated: 5/6/10 4:36 PM
Treasuries
3 MO 0.1100 -0.0400
2 YR 0.7500 -0.1300
5 YR 2.1300 -0.1800
10 YR 3.4100 -0.1700
30 YR 4.1900 -0.2000
Updated: 5/6/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.85 -0.06
15 Yr FRM 4.20 -0.06
FHA 30 Year 4.98 -0.07
Jumbo 30 Year 6.41 -0.05
5/1 Yr ARM 3.89 -0.05
Updated: 5/6/10 6:06 PM
Latest Video      
View:All Videos
Trading Error at Major Firm Blamed for Plunge
5/6/2010
A trading error may be the blame for the drastic market plunge, reports CNBC's Matt Nesto.
Protestors Swarm in Greece
5/6/2010
CNBC's Carl Quintanilla has the details on the pretesting taking place in Greece after the approval of the Austerity bill.
Bernanke & Trichet
5/6/2010
CNBC's Steve Liesman has highlights on what the Fed Chief says about the economy.

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Recent Comments
Rodney
on 5/6/2010 - read this comment
Just got this from a friend at corp, any validity? "Apparently a trader went to input an order to sell a million shares and put in a billion instead…order didn't go through but people's buy/sell orders...
Kevin Connington
on 5/6/2010 - read this comment
I originate for a pretty big SE US bank...and it seems they are holding back on sharing the price improvements with us chickens... Can anyone tell me what they are seeing now on rate sheets for a 30 yr...
Joyce Hanson
on 5/5/2010 - read this comment
Way to go Amy, you are right on to all the frustrations we loan officers and managers are running into today! IT IS VERY FRUSTRATING when we can't help our clients get a better rate for their loans...
mdeery
on 5/5/2010 - read this comment
The broker is doing just fine, anyone still standing is a pro and does business the right way. The fear about the new GFE has dissipated and it is business as usual, a first time buyer business model where...

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