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At about 11am yesterday, prices of the Mortgage-Backed-Securities most closely tied to rate sheets had bottomed out and began to climb, reaching highs... - Mortgage Rate Watch
Data on building permits, housing starts, and housing completions in October was released today by the U.S. Census Bureau and the Department of Housing... - MND NewsWire
The weekly Mortgage Bankers Association report on mortgage application activity for the week shows mortgage rates up sharply with some upward adjustment... - MND NewsWire
MBS Quotes
FNMA 3.5 98-25 0-07
FNMA 4.0 101-20 -0-01
FNMA 4.5 104-07 0-07
FNMA 5.0 106-01 0-07
FNMA 5.5 107-12 0-08
FNMA 6.0 108-23 0-07
Updated: 11/17/10 4:33 PM
3 MO 0.1400 -0.0100
2 YR 0.5000 -0.0100
5 YR 1.4900 0.0000
10 YR 2.8900 0.0400
30 YR 4.3100 0.0500
Updated: 11/17/10 5:47 PM
Mortgage Rates
30 Yr FRM 4.39 0.04
15 Yr FRM 3.66 0.04
FHA 30 Year 4.41 0.05
Jumbo 30 Year 5.53 0.05
5/1 Yr ARM 3.36 0.05
Updated: 11/15/10 5:42 PM
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Recent Comments
dustin mcalister
on 11/17/2010 - read this comment
Ryan are you saying that as a correspondant lender that works for a bank we are as good as a broker. The only difference is we choose to have a hedge which makes and loses money based on the loans we put...
Jason Harris
on 11/17/2010 - read this comment
The thing that frustrates everyone here is that Dereje (and many consumers) clearly view mortgages as a commodity. Anyone who has been successful in ths business for any length of time knows that this...
Adam Dahill
on 11/17/2010 - read this comment
Rate-shoppers with small loan amounts are the hardest to deal with. I've got a guy that wouldn't lock at 4.125% because he WANTED to be in the 3's. With a 100k loan people have to realize that...
Matt Silver
on 11/17/2010 - read this comment
Of course, I work 24/7 for my clients. I make sure I am at the signings. I communicate with the realtors, title and the client on a daily basis. I send out status reports to everyone once a week. The few...

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