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National Average		%	Change
30 Yr FRM		3.87%	0.00%
15 Yr FRM		3.16%	0.00%
1 Yr ARM		2.84%	0.06%
5/1 Yr ARM		2.82%	-0.01%
30 YR		3.14%	0.00%
Fed Prime		3.25%	0.00%

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Tuesday's Events: Bernanke's Semi-Annual Testimony, U.S. Consumer Confidence

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Tuesday's Events: Bernanke's Semi-Annual Testimony, U.S. Consumer Confidence

Semi-annual testimony from Feb Chairman Ben Bernanke and February U.S. consumer confidence are likely to be among the dominant events on Tuesday. Markets will also receive two housing reports from S&P/Case Shiller and the FHFA, and a $40 billion auction...

Published Tue, Feb 02 2009 7:01 AM by CEP News Feed

Filed under: consumer confidence, ben bernanke

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Mortgage Rates:

30 Yr FRM 3.90%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-32 (-0-01)
|
30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

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

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