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Why are Stats Revised? VA Loan Update; Primer on USDA Program

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Why are Stats Revised? VA Loan Update; Primer on USDA Program

This morning we had our final revision to the 2nd quarter’s GDP number. Folks always wonder, “Why can’t the statisticians get it right the first time instead of always revising an economic report?” ...

Published Wed, Sep 09 2009 11:42 AM by Rob Chrisman

Filed under: va loans

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-20 (-0-06)
|
30YR FNMA 5.0 108-01 (-0-05)
|
30YR FNMA 5.5 108-30 (-0-03)

Recent Housing Data:

Mortgage Apps 2.34%
|
Refinance Index 3.85%
|
Purchase Index -0.79%

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