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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 Plosser Says Criticizes Unclear Guidelines on Lending Programs

Federal Reserve Bank of Philadelphia President Charles Plosser criticized the Fed's lending programs on Monday for failing to establish clear guidelines. Speaking in Chicago, Plosser said the Fed also neglected to designate to whom it would lend,...

Published Tue, Mar 03 2009 1:13 PM by CEP News Feed

Filed under: federal reserve, charles plosser
Fed's Plosser Sees Weaker Growth in Q4 than in Q3

Speaking at the Economic Club of Pittsburgh, Philadelphia Fed President Charles Plosser (voter) said U.S. GDP should contract somewhat more sharply in Q4 than in Q3, and that growth will likely weaken in the first half of 2009. "Recent data - including...

Published Thu, Nov 11 2008 1:19 PM by CEP News Feed

Filed under: federal reserve, charles plosser

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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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