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National Average		%	Change
30 Yr FRM		3.87%	0.00%
15 Yr FRM		3.16%	0.02%
1 Yr ARM		2.78%	0.02%
5/1 Yr ARM		2.83%	0.03%
30 YR		3.13%	0.00%
Fed Prime		3.25%	0.00%

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GDP Contracts 0.3% in Q3, Consumption Declines 3.1%

The advance GDP report came in slightly better than expected for the third quarter of 2008, contracting by 0.3% against expectations of a 0.5% decline, according to the Bureau of Economic Analysis on Thursday. The previous month's 2.8% growth was...

Published Thu, Oct 10 2008 8:40 AM by CEP News Feed

Filed under: personal consumption, gdp, gross domestic product
Final Q2 GDP and Personal Consumption Unexpectedly Revised Down

A final look at second-quarter GDP has the U.S. economy growing at an annualized rate of 2.8% despite expectations for no change to the preliminary report's 3.3% growth rate. Nevertheless the result was above the 0.9% growth rate reported in the first...

Published Fri, Sep 09 2008 8:36 AM by CEP News Feed

Filed under: personal consumption, gdp

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Mortgage Rates:

30 Yr FRM 3.89%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.12%

MBS Prices:

30YR FNMA 4.5 106-21 (0-01)
|
30YR FNMA 5.0 108-01 (0-01)
|
30YR FNMA 5.5 108-29 (0-01)

Recent Housing Data:

Mortgage Apps 23.07%
|
Refinance Index 26.40%
|
Purchase Index 10.33%

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