30 replies to this topic

[IYB]

what is a thirty year and fifteen year jumbo at today?

remind me what is the threshold (price) that determines jumbo

Ratesheets are not keeping up with market, but as best I can estimate 30 year "conforming jumbo" around 5.5% and 15 year 5.25 to 5.375%. Jumbo in Hawaii is over $625,500 and stateside is over $417,000- but in 2009 the conforming jumbo loan limit only goes to $720K and $480K respectively. Over that, you are into Alt A loans, which are way higher.

thanks don,,what a 15 year conforming (non jumbo)at right now

5% par. Let's buy up Las Vegas at half price!!

[pwildbil]

Where do you get this info on rates IYB.....What is it your looking at??? Thanks

[swingtrader]

Where I can check the latest rate? Why I am not seeing this on any of the internet site? Thanks! -ST

[eminimee]

stay aboard...dont' fall off...

[Tor]

Whatever Fed did today is having an immidiate effect. But the setup was there, this is apparently the trigger. I do think this will last all the way into Obama inaguration. Positive divergence on summations starting to look good.

thereare essentially 5 weapons at the feds disposal.

they have tried 3. this is number 4...to cap the 30 yield.. Could be interesting here.

[Swiss Trader]

A real disaster is happening....

The Fed is printing money to buy corporate and Treasury bonds!

The Us dollar si going to fall.... and.... will become toilet paper

Edited by Swiss Trader, 25 November 2008 - 03:30 PM.

[eminimee]

and?.. ..a little hint...we are knocking the 200 on the hourly ...on an upward bias...usually a sign we might get there...presently at 900 spx

Edited by Teaparty, 25 November 2008 - 03:33 PM.

[humble1]

btw: the condo market in south florida is showing signs of life, i am told by someone in the business. i don't know if this is showing up in the published numbers yet.

[Swiss Trader]

and?..

.....and the stock market will follow the same path of 1929-1932

[ogm]

and?..

.....and the stock market will follow the same path of 1929-1932

Its all in your head....

Don't try to convience yourself that you're right. Can be dangerous for your wallet.

Dollar will go down a bit, sure, but what other currency is there ? Polish zloty ? Russian rouble ? Swiss frank ? British pound ? Mexican peso ? ... they all going to print. Buy commodities and prosper, because the excessibve debt will be repaid by the printing presses.

This isn't 1929 and its not going to be 1929. No way governments will tie their currencies to gold. No way there are going to let big banks fail. Sure economy will be sluggish, but this isn't going to be a depression.

Edited by ogm, 25 November 2008 - 03:39 PM.