Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
1,270
# of Questions
Place your ad here

Site Tools

Join Now or Sign In
for Full Access to All Features
National Average   % Change
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%
Fed Prime 3.25% 0.00%

Recent Video

It's likely to be the fifth straight summer that...
Receive Free Email Alerts
Stay up to date on breaking news and blog posts with our free News Alert Service
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/

Overnight Lending Rates Slightly Higher on Wednesday

U.S. interbank lending rates are slightly higher on Wednesday, if not unchanged from Tuesday's figures, but with the holiday season in full swing, traders warns that any seemingly unusual movements are not unusual.

Overnight USD Libor edged up another 3 bps to 0.15% on Wednesday, adding to the 1 bp gain to 0.14% on Tuesday, while the three-month libor held relatively unchanged for the second day running at 1.47%.

The Libor/OIS spread widened 1 bp to 127 bps, the first gain in some time.

Elsewhere, the Canadian dollar Libor is flat at 1.80%, while the three-month Libor is down 6.67 bps to 2.23%.

The Euro Libor is up 6.25 bps to 2.18%, while the three-month Libor is down 2.44 bps to 2.99%.

The Sterling Libor is flat at 2.00%, while the three-month Libor is down 3.00 bps to 2.87%.

By Erik Kevin Franco and edited by Nancy Girgis
©CEP News Ltd. 2008


 

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%

Comments

Join Now or Login to Post Comments

 

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%
X
Track Mortgage Rates Daily with our Free Daily Rate Updates. There are several ways to follow daily rate movements, including:
Email Address:   Zip Code:  
RSS - Subscribe to our Daily Rate Update RSS Feed.
Twitter - Follow our Daily Rate Update on Twitter.
Facebook - Follow our Daily Rate Update on Facebook.
Bookmark - Bookmark our rates page and visit daily for updates.
Mobile Apps - There's an App for this too. Learn more about our Mobile Apps.