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From 10,000 feet, the story of the week was "Mortgage Rates Rebound from Losing Streak", but when you look closer I think the bigger story was... - Mortgage Rate Watch
The Federal Home Finance Agency is proposing to restrict the GSEs and the FHLBanks from investing in or accepting as collateral mortgages on properties... - MND NewsWire
We have yet to perform a thorough analysis on loan pricing this week. Now seems like a good time... - MBS Commentary
FNMA 4.0 102-15 -0-13
FNMA 4.5 104-05 -0-11
FNMA 5.0 105-22 -0-06
FNMA 5.5 106-16 -0-06
FNMA 6.0 107-11 -0-07
Updated: 8/20/10 4:28 PM
MBS Quotes
3 MO 0.1500 -0.0100
2 YR 0.4900 0.0000
5 YR 1.4700 0.0600
10 YR 2.6200 0.0400
30 YR 3.6700 0.0100
Updated: 8/20/10 5:40 PM
Treasuries
30 Yr FRM 4.34 -0.02
15 Yr FRM 3.74 -0.01
FHA 30 Year 4.40 -0.02
Jumbo 30 Year 5.59 -0.02
5/1 Yr ARM 3.45 0.02
Updated: 8/20/10 5:17 PM
Mortgage Rates
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Edgar
on 8/20/2010 - read this comment
The friday storm of reprices for the worse is here-AQ was spot on, Edgar was way off. Had some improvements yesterday, and only seeing those gains taken back so nothing too alarming.....yet. Back to my...
Brad Nease
on 8/20/2010 - read this comment
Thanks Corky for this post. As most mortgage bankers are experiencing, the major investors are driving their clients towards selling to the agencies servicing retained because they've been reducing...
John White
on 8/20/2010 - read this comment
Withdrawal symptoms are the worst aren’t they? The can has been kicked down the road for too long and now we find ourselves at a crossroads.
Adam Quinones
on 8/19/2010 - read this comment
a rise in vol makes quantitative models less accurate and makes it harder to put an accurate value on the embedded refinance option (harder to forecast cash flows).
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