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Industry Remade in Wave of Mergers
Posted to: Around The Web
Tuesday, September 30, 2008 12:06 AM

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The U.S. banking system is going through a decade's worth of consolidation in a matter of weeks, with the government often acting as matchmaker.

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Mortgage Rates:
  • 30 Yr FRM 3.82%
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  • 15 Yr FRM 3.09%
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  • Jumbo 30 Year Fixed 4.12%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (0-02)
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  • 30YR FNMA 5.0 108-10 (0-02)
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  • 30YR FNMA 5.5 109-01 (0-02)
Recent Housing Data:
  • Mortgage Apps 9.18%
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  • Refinance Index 12.97%
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  • Purchase Index -2.38%
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