Wednesday, September 16, 2009

Fannie Mae's Herculean Challenge

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
jeffer90576
MBS Quotes
FNMA 4.0 97-27 -0-04
FNMA 4.5 100-15 0-00
FNMA 5.0 102-22 0-01
FNMA 5.5 104-01 -0-03
FNMA 6.0 105-10 0-03
Updated: 9/16/09 4:32 PM
Treasuries
3 MO 0.1000 -0.0300
2 YR 1.0100 0.0500
5 YR 2.4600 0.0500
10 YR 3.4800 0.0100
30 YR 4.2600 -0.0100
Updated: 9/16/09 5:40 PM
Mortgage Rates
30 Yr FRM 5.01 -0.01
15 Yr FRM 4.50 -0.02
FHA 30 Year 5.14 -0.02
Jumbo 30 Year 5.79 0.01
5/1 Yr ARM 3.95 -0.03
Updated: 9/16/09 1:19 PM
Latest Video      
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Market Close 9.16
9/16/2009
S&P Rises 1.5%; Dow Rises 1.1%; Nasdaq Rises 1.4% (Bloomberg News)
Housing Outlook - Homebuilders Remain More Confident
9/16/2009
Homebuilder Confidence Rises for Third Straight Month - Interview with NAHB President Jerry Howard (Bloomberg News)
Biggest Sucker Rally Ever?
9/16/2009
Discussing whether the recent rally signals a road to recovery, with Daniel Alpert, Westwood Capital; John Burns, Burns Advisory Group; and CNBC's...

http://www.mortgagetradeshows.org/
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Recent Comments
Reichert
on 9/16/2009 - read this comment
20% of my current month's pipe are refinances - the other 80% are purchases . . . thankfully. Compared to last month when 45% were refinances and 55% purchases. I think people are chasing the real...
Brian Denton
on 9/14/2009 - read this comment
This hasn't happened before in my town, but we just started getting low appraisals on new construction. Construction costs keep going up, but the only comps are short sales and foreclosures. HVCC is...
Raymond J Ruddy III
on 9/14/2009 - read this comment
rates are low, phones are not ringing and underwriting is getting even tougher...man, when will this end...
Chadwick McFarland
on 9/14/2009 - read this comment
With our new found lower rate trend, I've been able to bring back a handful of old refi's from the "we are waiting for rates to hit 4% bin"...now, they are happy at 5% - oh ya, and Kanye...

Mortgage News Daily


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Tuesday, September 15, 2009

MBS Holding Strong Despite Bearish Bond Fundamentals

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
Despite better than expected econ data (plus Bernanke's comments), rallying stocks, a weaker dollar, more expensive oil, and gold moving back into... - MBS Commentary
jeffer90576
MBS Quotes
FNMA 4.0 97-29 -0-04
FNMA 4.5 100-14 -0-01
FNMA 5.0 102-23 0-03
FNMA 5.5 104-06 0-02
FNMA 6.0 105-06 -0-02
Updated: 9/15/09 4:31 PM
Treasuries
3 MO 0.1258 -0.0041
2 YR 0.9353 0.0160
5 YR 2.3883 0.0202
10 YR 3.4448 0.0241
30 YR 4.2547 0.0261
Updated: 9/15/09 4:44 PM
Mortgage Rates
30 Yr FRM 5.02 0.05
15 Yr FRM 4.52 0.06
FHA 30 Year 5.16 0.05
Jumbo 30 Year 5.78 0.03
5/1 Yr ARM 3.98 0.03
Updated: 9/15/09 2:00 PM
Latest Video      
View:All Videos
Inside the Financials
9/15/2009
The tone remains cautious among executives, reports CNBC's Mary Thompson.
Obamanomics vs. Business Cycle
9/15/2009
Terry Holt, a Republican strategist, and Julie Roginsky, a Democratic strategist, grade President Obama's handling of the economy.
Bair on Bank Stability
9/15/2009
FDIC Chair Sheila Bair discusses bank stability with CNBC's Maria Bartiromo.

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Recent Comments
Brian Denton
on 9/14/2009 - read this comment
This hasn't happened before in my town, but we just started getting low appraisals on new construction. Construction costs keep going up, but the only comps are short sales and foreclosures. HVCC is...
Raymond J Ruddy III
on 9/14/2009 - read this comment
rates are low, phones are not ringing and underwriting is getting even tougher...man, when will this end...
Chadwick McFarland
on 9/14/2009 - read this comment
With our new found lower rate trend, I've been able to bring back a handful of old refi's from the "we are waiting for rates to hit 4% bin"...now, they are happy at 5% - oh ya, and Kanye...
Adam Quinones
on 9/11/2009 - read this comment
EAMON McENEANEY A Man With a Secret Sometimes a wife learns things about her husband after he is gone, and this is how it has been with Eamon McEneaney's wife, Bonnie. She knew that Eamon, a senior...

Mortgage News Daily


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