Monday, September 13, 2010

Mortgage Rates at Crossroads. Is the Correction Done or Just Beginning?

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
Considering how well our technical support levels have held up, I am not ready to sound the ALARM BELLS yet, but we remain in a state of HIGH ALERT. Rates... - Mortgage Rate Watch
While the HECM reverse mortgage industry is banking on the HECM saver, a reverse mortgage program with lower costs and less benefits, some wonder whether... - Community Commentary
Bad Mortgage Loans Almost Behind Us?; Lending Tree vs. Zillow; More on Self-Employed Borrowers; RESPA Tolerance Defects; FHA MIP Updates - Pipeline Press
jeffer90576
MBS Quotes
FNMA 4.0 102-18 0-16
FNMA 4.5 104-07 0-10
FNMA 5.0 105-16 0-09
FNMA 5.5 106-17 0-10
FNMA 6.0 107-15 0-06
Updated: 9/13/10 4:30 PM
Treasuries
3 MO 0.1369 -0.0031
2 YR 0.5273 -0.0527
5 YR 1.5157 -0.0743
10 YR 2.7480 -0.0620
30 YR 3.8483 -0.0317
Updated: 9/13/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.41 -0.03
15 Yr FRM 3.81 -0.04
FHA 30 Year 4.44 -0.02
Jumbo 30 Year 5.58 -0.01
5/1 Yr ARM 3.55 -0.03
Updated: 9/13/10 7:11 PM
Latest Video      
View:All Videos
Bucking the September Swoon
9/13/2010
Discussing what's behind September's positive market performance, with Jim Bianco, of Bianco Research, and Zane Brown, of Lord Abbett.
Hatzius on Taxes & Economy
9/13/2010
Jan Hatzius, chief US economist at Goldman Sachs, tells CNBC he doesn't expect a double-dip recession but said there still is a sizable risk of one...
Parsing the Basel III Bank Rules
9/13/2010
Global banks rallied Sunday and Monday after the Basel Committee on Banking Supervision announced its new regulations, which ultimately will force banks...

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Recent Comments
Michael Brennan
on 9/13/2010 - read this comment
Locked 2 today after the reprice for the better :) and 3 still cautiously floating that will be closing early October. Today suprised me.. feeling much better right now. I told you Friday evening on my...
Kevin Walton
on 9/13/2010 - read this comment
I worked for a finance company in the 1990's and we didn't use the FICO score to determine whether or not a loan would perform. Sure we had delinquency problems but we were profitable. We used...
Adam Quinones
on 9/13/2010 - read this comment
yeh but we are not out of the woods yet...those 50bps should be enough to justifying locking in a few more deals.
Esra Robinson
on 9/13/2010 - read this comment
AQ, I know that this question is probably below your expertise, but I am looking for some valuable guidance. I am within my 60-day no-fee locking window on a 30-year VA loan for a new construction. I have...

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