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30 Yr FRM 3.78% -0.01%
15 Yr FRM 3.04% 0.00%
1 Yr ARM 2.75% -0.03%
5/1 Yr ARM 2.83% 0.00%
30 YR 2.85% -0.02%
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Notice: 'Top News' and 'Fed and Economy Watch', have been combined into a new channel called 'MND Newswire'. Check back daily for the latest housing and economic news.

The new url for MND Newswire is http://www.mortgagenewsdaily.com/news/

U.S. Monthly Budget Statement Shows $45.7 Billion Surplus in September

According to the U.S. Treasury, monthly receipts totalled $272.445 billion and spending came in at $226.718 billion, resulting in a surplus of $45.726 billion for August.

Economists were expecting the monthly deficit to come in at $45.0 billion, following the previous month's $111.9 billion budget deficit. The September 2007 surplus was $112.9 billion.

Receipts for the fiscal year to date came in at $2.524 trillion, while outlays - or government spending - totalled $2.979 trillion.

The fiscal year-to-date deficit came in at $454.806 billion.

By Patrick McGee and edited by Sarah Sussman
©CEP News Ltd. 2008


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More From MND

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

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More From MND

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