Week ending May 10th
All rate quotes are for a 60-day lock and 0 points.
Conforming limits are up to a $417,000 loan amount* |
|
Rate |
APR |
| 30 yr. Conforming Fixed |
6.0% |
6.119% |
| 10/1 yr. Conforming ARM |
% |
% |
| 7/1 yr. Conforming ARM |
5.625% |
6.014% |
| 5/1 yr. Conforming ARM |
5.625% |
5.795% |
 |
| Jumbo limits range from $417,001 up to $1,000,000 loan amount* |
|
Rate |
APR |
| 30 yr. Jumbo Fixed |
6.250% |
6.348% |
| 10/1 yr. Jumbo ARM |
5.750% |
5.989% |
| 7/1 yr. Jumbo ARM |
5.625% |
6.096% |
| 5/1 yr. Jumbo ARM |
5.375% |
5.994% |
| *Conforming loan limits listed above are for a single-family owner occupied residence. |
|
| Weekly Commentary: Rates still bouncing around from day to day. This week we saw some relief Thursday into today and it was short lived as all gains were giving back by noon today. Big picture rates are still very attractive, even some of our conventional lenders such as the Citi, Chase and GMAC lenders are trying to get back into the jumbo world ever so slowly.
|
|
| US ECONOMIC INDICATORS-Week Ending May 10, 2008 |
| Oct 24 |
1:00pm |
1 Year Note Auction |
| Oct 25 |
8:30am |
MBA Market Index |
| Oct 25 |
10:00am |
Sept Existing Home Sales |
| Oct 25 |
10:30am |
Crude Inventories |
| Oct 25 |
2:15pm |
Fed Policy Statement |
| Oct 26 |
8:30am |
Weekly Jobless Claims |
| Oct 26 |
8:30am |
Durable Orders |
| Oct 26 |
10:00am |
New Home Sales |
| Oct 26 |
1:00pm |
5 Year Note Auction |
| Oct 27 |
8:30am |
Q3 Gross Domestic Product |
| Oct 27 |
9:45am |
Consumer Sentiment Index |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
