Thursday, September 9, 2010

Bad Day for Mortgage Rates. Are the Lowest Rates Behind Us?

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
We might have seen the lowest rates we're ever gonna see, if that is the case, then those rates are already behind us so it doesn't mattter. No need to... - Mortgage Rate Watch
Rural Development's interim systems enhancements will complete on September 8, 2010, at which time the Agency will begin obligating Section 502 Single... - MND NewsWire
The Mortgage Bankers Association has sent a letter to the Federal Home Finance Agency expressing several concerns about the framework the agency has proposed... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 102-19 -0-13
FNMA 4.5 104-11 -0-11
FNMA 5.0 105-16 -0-15
FNMA 5.5 106-14 -0-09
FNMA 6.0 107-14 -0-03
Updated: 9/9/10 4:34 PM
Treasuries
3 MO 0.1400 0.0000
2 YR 0.5700 0.0500
5 YR 1.5700 0.1100
10 YR 2.7700 0.1100
30 YR 3.8400 0.1200
Updated: 9/9/10 5:41 PM
Mortgage Rates
30 Yr FRM 4.42 0.06
15 Yr FRM 3.82 0.05
FHA 30 Year 4.43 0.07
Jumbo 30 Year 5.56 0.03
5/1 Yr ARM 3.54 0.04
Updated: 9/9/10 5:27 PM
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Sept. 9 (Bloomberg) -- William Dunkelberg, chief economist at the National Federation of Independent Business, discusses President Barack Obama's infrastructure...

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Recent Comments
Adam Quinones
on 9/9/2010 - read this comment
Mortgage rates didn't have a chance today. Borrowing costs started moving higher early in the session and never looked back. As the day progressed, agency MBS prices fell further and lenders were forced...
mdeery
on 9/9/2010 - read this comment
WAIT..there is breaking news! Typical news cycle (15 minutes or so) for the news services goes something like this: 9:00, Stocks up as fears of European sovereign debt deminish. 9:03, Dow down on news...
Larry Gray
on 9/9/2010 - read this comment
I am learning something from you AQ about understanding how this complex market works, but it is the warnings that catch my attention (i.e. chopability possible, play the range until the range plays you...
Jason Wilborn
on 9/9/2010 - read this comment
I would take this jobless data with a grain of salt. Please see exercpt from article I read this morning "The BLS has announced that as a result of the Labor Day weekend, 9 states (among which the...

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