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All Tags » mortgage rates » mbs » Waiting for Stocks (

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MBS MORNING: Choppy Price Action in Slow Trading

Are stocks done rallying (for now)? Overnight, S&P Futures made an attempt to move higher...but gains were unsustainable. After moving lower, futures spiked following a better than expected New Home Sales print ( READ MORE ), however the initial reaction failed to hold and prices moved lower...new...

Posted to MBS Commentary by Adam Quinones on Mon, Jul 27 2009
Filed under: Filed under: mortgage rates, mbs, Waiting for Stocks

Page 1 of 1 (1 items)

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Mortgage Rates:

30 Yr FRM 3.90%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-32 (-0-01)
|
30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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MBS MORNING: Choppy Price Action in Slow Trading

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