Tuesday Sept. 30, 2006
Mortgage rates down slightly this morning.
Lock Advice: Neutral
Rates are an area where they could go one way or the other. If the payment works for your borrower a lock cannot be faulted
FNMA 30Yr Mortgage Backed Securities (MBS) are down 1.8 basis points* to 5.770%
* One Basis Point (bps) is 1/100 of a percent.
10 Year T-Bill yield is down 4 bps at 3.64%
DJI Stocks are up $231 and around the world, 57% of the other stock markets are down this morning at 7:00 AM PST
Crude Oil is down to 98.60 per barrel.
- ULTIMATE FHA-VA CALCULATOR Calculates everything you need to know about FHA and VA Loans. Finds Rates,: Payments, Buyer and Seller Costs and Maximum Loan Amounts Take a free test drive.
- Tuesday AM Stocks Jump at Open Markets bounce after huge selloff, as investors wait to see what Washington will do next.
- Citigroup buys Wachovia bank assets for $2.2B
Citi will acquire deposits, loans from nation's fourth largest bank. - How To Apply For $7,500 First Time Buyer Tax Credit
Up to $7,500 can be borrowed from IRS - 10 Ways to Avoid A Closing Nightmare
An easy list that will make your life easier
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