Monday, December 27, 2010

Mortgage Rates: Wider Best Ex Range Seen. High Risk/High Reward Event Ahead

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
The week ahead is historically slow on Wall Street. This means the potential for interest rate volatility is high and rate watchers should be prepared... - Mortgage Rate Watch
Fannie Updates CLTV LLPAs; NMLS Originator ID Reminder; Fair Credit Risk-Based Pricing Regulations; Amtrust Name Change - Pipeline Press
Without an improvement in attendance we'd expect to see more random meandering about a defined yet wide range. Call it an exploratory "poking and prodding... - MBS Commentary
jeffer90576
MBS Quotes
FNMA 3.5 94-11 -0-01
FNMA 4.0 98-26 0-08
FNMA 4.5 102-04 0-05
FNMA 5.0 104-26 0-05
FNMA 5.5 106-25 0-00
FNMA 6.0 108-16 0-02
Updated: 12/27/10 4:35 PM
Treasuries
3 MO 0.1258 -0.0061
2 YR 0.6394 -0.0080
5 YR 2.0219 -0.0338
10 YR 3.3294 -0.0639
30 YR 4.4019 -0.0679
Updated: 12/27/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.90 -0.02
15 Yr FRM 4.29 0.02
FHA 30 Year 4.78 -0.05
Jumbo 30 Year 5.88 -0.04
5/1 Yr ARM 3.96 -0.02
Updated: 12/27/10 5:28 PM
Latest Video      
View:All Videos
Housing Double-Dip Ahead: Economist
12/27/2010
David Rosenberg, chief economist at Gluskin Sheff, tells CNBC another decline in housing prices is being underestimated.
Oil Trades Near 26-Month High
12/27/2010
John Kilduff of Again Capital shares his 2011 outlook for oil prices.
Flight Cancellations Across US
12/27/2010
Severe winter weather has caused flight cancellations and delays across the US. CNBC's Hampton Pearson has the details.

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Recent Comments
Adam Quinones
on 12/27/2010 - read this comment
...looks like the Chinese rate hike was already baked into bond valuations.
Owl Tree
on 12/27/2010 - read this comment
Happy Holidays everyone.....done shovelling out my mom's place on the East Coast. Hope everyone is well. Good video here. Ira Jersey on why the 10 year could fall back to 3.00 >>>>>>>>>...
John White
on 12/27/2010 - read this comment
Tony- that could easily be the topic for a 300 page thesis! Let's just say it would affect the demand and supply for bonds and MBS in such a way that if production and growth slowed down in China due to...
Tony Parisi
on 12/27/2010 - read this comment
When China annouced their rate increase over the weekend I was wondering what effect it would have... Seems to have none. Any comments on foreign banks rates and how they play into US bonds and MBS?

Mortgage News Daily


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Posted by Tommy Wyman at 3:01 PM