Tuesday, May 6, 2008

Rates, quarterly earnings, cost of oil 5-5-08

Rates are for the most part unchanged to trending down. FNMA reported a $2.2 billion loss last quarter and D.R. Horton, a national builder, also reported a quarterly loss of $1.3 billion. Meanwhile, oil is $121.49 a barrel. LOAN PROGRAM RATE FEE 30 Yr Fixed (Conforming) 6.000% 0.125 Fixed Jumbo 7.000% 0.125 15 Yr Fixed (Conforming) 5.625% 0.000 Second 8.750% 0.000

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