Tuesday, August 31, 2010

Mortgage Rates Hit New Lows

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Standard & Poor's Case-Shiller Indices continue to show improvement in home prices, but the rate of increase has slowed and its publisher points... - MND NewsWire
If you've been floating your loan or have yet to apply for a refinance because it just didn't seem worth the hassle, congratulations, mortgage rates hit... - Mortgage Rate Watch
Yesterday we heard banks were buying back MBS hedges. This means lock desks were actively reducing their pipeline coverage (forward hedges) to account... - MBS Commentary
jeffer90576
FNMA 4.0 103-16 0-08
FNMA 4.5 104-31 0-06
FNMA 5.0 106-04 0-03
FNMA 5.5 106-29 0-05
FNMA 6.0 107-20 0-01
Updated: 8/31/10 4:31 PM
MBS Quotes
3 MO 0.1400 0.0102
2 YR 0.4700 -0.0229
5 YR 1.3300 -0.0563
10 YR 2.4700 -0.0585
30 YR 3.5200 -0.0609
Updated: 8/31/10 5:49 PM
Treasuries
30 Yr FRM 4.30 -0.06
15 Yr FRM 3.71 -0.05
FHA 30 Year 4.35 -0.07
Jumbo 30 Year 5.50 -0.08
5/1 Yr ARM 3.46 -0.06
Updated: 8/31/10 7:27 PM
Mortgage Rates
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Owl Tree
on 8/31/2010 - read this comment
Looking at my rate sheets, I think Seals and Croft put it best...."summer breeze, makes me feel fine, blowing through the jasmine of my mind".
Robert Mason
on 8/31/2010 - read this comment
Thanks Adam. I see that a significant barrier still exists between 4.375 and 4.25. Then the barriers get smaller again if you can get over the hump.
Adam Quinones
on 8/31/2010 - read this comment
sounds like another tax credit is a no go at the moment...but the Administration stands at the ready.
Owl Tree
on 8/30/2010 - read this comment
I understand this is a busy week, but I've got to think the NFP will keep the range intact until Friday....I suppose the Thursday jobless claims number could create some direction in advance of that...
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