Arizona Mortgage Rates

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Mortgage and Lending with Arizona Mortgage Rates - FHA Mortgage Loans in Arizona

MBS prices are down -5/32 (FNMA 30-yr 3.5 at 100.30), below 9:45 et pricing of -3/32. A high of +4/32 was reached today, although other coupons and securities generally were less volatile than the FNMA 30-yr 3.5%. No economic data was released. The Dow is down 10 points. For the week, MBS markets rose about 11/32.

 

 

 

Next week, Existing Home Sales will be released on Monday. Durable Orders, an important indicator of economic growth, will come out on Wednesday. New Home Sales will also be released on Wednesday. Third quarter Gross Domestic Product (GDP), the broadest measure of economic growth, will come out on Friday. The Chicago PMI national manufacturing index is also scheduled for Friday. Consumer Confidence and Consumer Sentiment will round out the Economic Calendar. In addition, there will be Treasury auctions on Tuesday, Wednesday, and Thursday, and there will be a G20 meeting taking place over the weekend. Investors also may be looking ahead to the hugely important first week in November, which contains the Fed meeting, the election results, and the monthly Employment report.

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