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Mortgage Rates Predictions

May 8, 2008

Chris Grau 

The Fannie Mae Bonds +3bp on the day @ 100.72.  We saw .125% Improvement in rates since yesterday.  Rates are Holding.

Conforming No Points & 1%

30 Fixed  6.000% | 5.750%

15 Fixed 5.500% | 5.250%

7/1 Arm 5.750% | 5.250%

5/1 Arm 5.375% | 5.000%

3/1 Arm 5.375% | 4.750%

30 Fixed FHA 6.000%

15 Fixed FHA 6.000%

Jumbo No Points & 1%

30 Fixed N/A | 7.000%

15 Fixed 6.750% | 6.250%

7/1 Arm 6.625% | 5.875%

5/1 Arm 6.375% | 5.625%

3/1 Arm 5.875.% | 5.125%

1/1 Arm 6.875% | 4.875%

 

(This information has been compiled for Real Estate Professionals and is not intended for public distribution as it does not comply with REG Z Truth-In-Lending disclosure requirements.)

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