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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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Fed's Kohn Says Regulation Better Than Mon Pol in Asset Bubble Targeting

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Fed's Kohn Says Regulation Better Than Mon Pol in Asset Bubble Targeting

The global economic crisis is likely to persist for some time and put into question how policy will have to change to prevent other such occurrences down the road, according to Fed Vice-Chairman Donald Kohn speaking at the Cato Institute's 26th Annual...

Published Wed, Nov 11 2008 9:13 AM by CEP News Feed

Filed under: donald kohn, subprime crisis

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Mortgage Rates:

30 Yr FRM 3.90%
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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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