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Mortgage Rates Remain Range Bound

Mortgage rates moved slightly higher on Friday following the release of the Employment Situation report. The increase was however not huge as the ever so important jobs report was unable to spark any major shifts. All in all, mortgage rates were mostly unchanged to slightly lower for the week. This marks the longest stretch that mortgage rates have held near 5.00% since early this year. ...

Published Tue, Sep 09 2009 10:41 AM by Victor Burek

Filed under: gfe mbs

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-20 (-0-06)
|
30YR FNMA 5.0 108-01 (-0-05)
|
30YR FNMA 5.5 108-30 (-0-03)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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