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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% 0.05%
Fed Prime 3.25% 0.00%

Recent Video

After a year-long respite, foreclosures are back on...
  • New Orders Lead ISM Manufacturing Index Higher

    A key nationwide survey of manufacturing conditions jumped past expectations to hit its highest level since June 2007, marking the first sign of growth in 19 months. The Institute for Supply Management’s survey climbed to 52.9 in August, against expectations for a score of just 50.5. A massive jump in New Orders was the key contributor as it soared to 64.9 in August, up almost 10 points from the impressive 55.3 level in July. That’s the highest level in the new orders index since late 2004....
  • Market Rally Continues with Improvement in U.S. Manufacturing

    A nationwide report of manufacturing conditions remained in contraction in May, but the pace of slowdown is softer than in previous months, leading to an early rally in the first morning of June. The ISM Manufacturing Index improved to 42.8 in May, up from 40.1 in April. The gain slightly beat economists’ forecasts to reach its highest level since September 2008. The index for New Orders, a key component in looking ahead, even managed to report growth for the first time since November 2007...
  • The Week Ahead: Heavy Data Could Sway Markets in Both Directions

    S&P futures are pointing to a higher opening on Monday morning, following a 3.47% gain last week. The upward movement is being boosted by a gain in China’s manufacturing sector, which signals global recovery to some investors, even as General Motors officially files for Chapter 11 bankruptcy protection. Stocks could be pushed in any direction this week though, as plenty of heavy data have the potential to sway markets. On Monday the major release is the ISM Manufacturing index, a nationwide...
 

More From MND

Mortgage Rates:
  • 30 Yr FRM 3.88%
  • |
  • 15 Yr FRM 3.25%
  • |
  • Jumbo 30 Year Fixed 4.14%
MBS Prices:
  • 30YR FNMA 4.5 106-20 (0-00)
  • |
  • 30YR FNMA 5.0 108-01 (0-00)
  • |
  • 30YR FNMA 5.5 108-30 (0-00)
Recent Housing Data:
  • Mortgage Apps -1.01%
  • |
  • Refinance Index 0.83%
  • |
  • NAHB Builder Confidence 16.00%
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