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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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Half a Million Job Losses Consistent with 5% Decline in Q4 GDP

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Half a Million Job Losses Consistent with 5% Decline in Q4 GDP

Over half a million jobs got slashed in November , the steepest monthly decline in more than three decades and the 11th straight month of net job losses. The report suggests the U.S. recession is deeper than previously expected, which supports the notion...

Published Fri, Dec 12 2008 9:43 AM by CEP News Feed

Filed under: job losses, nonfarm payrolls

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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)
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30YR FNMA 5.0 107-32 (-0-01)
|
30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

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

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