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Plain and Simple: There is a clear line of demarcation between 4.625% and 4.75%. If you are looking to close in the next 2 weeks...4.75% is your likely... - Mortgage Rate Watch
Ever hear us say "mortgage rates rise much faster than they fall". This is a factor of extension risk and right now we're receiving a painful lesson on... - MBS Commentary
The Mortgage Bankers Association today released its Weekly Mortgage Applications Survey for the week ending December 3rd, 2010. The Market Composite Index... - MND NewsWire
MBS Quotes
FNMA 3.5 95-26 -0-11
FNMA 4.0 99-18 -0-12
FNMA 4.5 102-14 -0-15
FNMA 5.0 104-26 -0-14
FNMA 5.5 106-17 -0-14
FNMA 6.0 108-06 -0-10
Updated: 12/8/10 4:53 PM
3 MO 0.1349 0.0030
2 YR 0.6275 0.0957
5 YR 1.8806 0.1570
10 YR 3.2723 0.1465
30 YR 4.4561 0.0887
Updated: 12/8/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.66 0.02
15 Yr FRM 3.98 0.09
FHA 30 Year 4.69 0.03
Jumbo 30 Year 5.76 0.03
5/1 Yr ARM 3.83 0.05
Updated: 12/8/10 7:22 PM
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Dec. 8 (Bloomberg) -- Douglas Yearley, chief executive officer of Toll Brothers Inc., talks with Monica Bertran about the outlook for the U.S. housing...

Recent Comments
Mark H
on 12/8/2010 - read this comment
I am currently very busy with 2nd home purchases. These are middle to upper middle income retirees for the most part. They want the best rate but 5 to 5.5 stills seems like a bargain to them since they...
Jim Gilly
on 12/8/2010 - read this comment
Whichever way mortgage rates go won't change the bigger picture which is the direction the country is definitely heading. Everyone from the left, right and middle is rightfully expressing their concern...
Marty Sonke
on 12/7/2010 - read this comment
Here is what I am confused about. Since RESPA, the YSP no longer goes to the broker but gets credited to the borrower. So if I charge say $2000 to the borrower but he borrower at that specific interest...
Owl Tree
on 12/7/2010 - read this comment
Considering that I nearly had a hernia getting two very well qualified purchase applications closed last week, I can understand the sentiment. The appraisal process is, for lack of a better word, a complete...

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