Existing Home Sales Give Back Incentivized Gains. Jobs Still the Main Roadblock

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Existing Home Sales Give Back Incentivized Gains. Jobs Still the Main Roadblock After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales... - MND NewsWire Mortgage Rates Rise Ahead of FOMC Meeting and Treasury Auctions Reports from fellow mortgage professionals indicate lender rate sheets to be worse than Friday. The par 30 year conventional rate mortgage has risen... - Mortgage Rate Watch Down Payment Assistance Programs; Origination Point Deductions; The Role of the Federal Reserve; More Bank Closures What does the FOMC do? More bank closures; DAP update; SunTrust earnings - Pipeline Press MBS CLOSE: Tomorrow Is The First... - MBS Commentary Sloppy Loan Origination; Warehouse Lending Update; TBW Timing; Failed TARP Repayment; Economic Freedom MBS AFTERNOON: Rates Sideways in... - MBS Commentary MBS MORNING: Treasuries Holding... - MBS Commentary MBS OPEN: Bond Market Has Much... - MBS Commentary Don't Expect the GSEs to Go Away... - MND NewsWire Pay Option ARM Recasts: Is There... - Community Commentary The Week Ahead: FOMC Meeting, Housing... - MND NewsWire »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 4.0 97-22 -0-08 FNMA 4.5 100-28 -0-02 FNMA 5.0 103-23 -0-01 FNMA 5.5 105-22 -0-01 FNMA 6.0 106-19 -0-03 Updated: 1/25/10 4:32 PM Treasuries 3 MO 0.0558 -0.0042 2 YR 1.1356 -0.0044 5 YR 2.6789 -0.0112 10 YR 3.8350 -0.0150 30 YR 4.6281 -0.0019 Updated: 1/25/10 5:15 PM Mortgage Rates 30 Yr FRM 4.95 0.02 15 Yr FRM 4.28 0.01 FHA 30 Year 5.14 0.03 Jumbo 30 Year 6.36 0.01 5/1 Yr ARM 4.18 0.02 Updated: 1/25/10 3:53 PM Latest Video       View:All Videos Goodfriend Says Fed Could Swap Its Mortgage Securities: Video 1/25/2010 Jan. 25 (Bloomberg) -- Marvin Goodfriend, an economics professor at Carnegie Mellon University's Tepper School of Business, talks with Bloomberg's... The Mortgage Double Standard? 1/25/2010 Discussing why there is so much rhetoric about "moral hazard" when homeowners walk away from mortgages gone bad, with Brent White, University... Dec. Home Sales Sink; Prices Plunged in 2009 1/25/2010 Sales of previously occupied homes dropped nearly 17 percent in December, the biggest monthly decline in 40 years. (Jan. 25) Around The Web       NEW MORTGAGEE LETTER: Loss Mitigation for Imminent Default Firms Default on Mortgages, So Why Can't Homeowners? Obama unveils new initiatives for middle class Did You Know: Older Housing Energy Consumption Bernanke Nomination By The Numbers And What Saves Him 1/25/10--California Home Prices, Rental Rates Experts are divided on U.S. shutdown of mortgage-market support SIFMA Supports FDIC Move to Restart Securitization Markets CRE and Moral and Social Constraints to Strategic Defaults U.S. Home Resales Tumble »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 1/25/2010 - read this comment U.S. HOUSING DEPARTMENT SUSPENDS ONE MORTGAGE LENDER, WITHDRAWS THREE FROM FHA PROGRAM (CORRECTS NUMBER SUSPENDED) 16:19 25Jan10 RTRS-U.S. HUD WITHDRAWS STRATEGIC MORTGAGE CORP, PROMORTGAGE INC AND AMERICARE... Jason Pickart on 1/25/2010 - read this comment I agree that some of the terms in our payment shock example are debatable. Our objective was to show only a simplistic example of how payment shock occurs. The larger point of the article is the coming... Bryan/Mortgage Finance Group, Inc. on 1/24/2010 - read this comment Good points all, but here's the bottom line: The majority of option arms written from inception until about 2005 on were either refinanced into another option arm (or another loan product) or the property... Mike King on 1/23/2010 - read this comment I think some people are missing the point of the story. Yes indices are low meaning fully indexed rates are lower. However, most of these loans will recast due to hitting their max negative amortization... Questions Is there a difference between 30year fixed rate and a refinance... Do mortgage companies really go and check your income from 1040... how can i ever be able to my 30yr mortgae off if only $70.00... In the case of a mortgage signed by 2 non-spousal or related... Answers How is my credit impacted after being 30 days late and how can... What is the formula for finding out how much of a house we can... how can i find out if there is a mortgage under my name? What are mortgage servicing rights and why are they sold? Forum Discussions 5/1 ARM that only goes up one point max? Loan Scenario: MI, $400,000, 800, 94% LTV, Refinance (Rate and Term) my spouse and the mortgage Loan Scenario: CO, 130874,000,000, 800, 33% LTV, Cash Out Refinance Does a felony conviction disqualify a person from becoming a realtor in South Carolina? Loan Scenarios Post | View All   State Date Amount Loan Type MI 1/24/2010 400,000.00 Refinance (Rate and Term) CO 1/22/2010 1,000,000.00 Cash Out Refinance OK 1/20/2010 115,000.00 Purchase AL 1/20/2010 143,000.00 Refinance (Rate and Term) MA 1/20/2010 75,000.00 Purchase CA 1/15/2010 600,000.00 Refinance (Rate and Term) Mortgage News Daily

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