Thursday, May 27, 2010

Housing: The Good, The Bad And The Ugly

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
The big question everyone is asking: The Home Buyer Tax Credit Has Expired. Will Home Sales Improve, Contract, or Go Sideways? - MND NewsWire
The violent spike in rates we witnessed today will force market participants to re-evaluate their strategic and tactical biases as bullish interest rate... - MBS Commentary
HUD Secretary Shaun Donovan presented the details of a new rental assistance program to members of Congress on Tuesday. The program is part of the President's... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 98-28 -0-25
FNMA 4.5 101-25 -0-17
FNMA 5.0 104-13 -0-13
FNMA 5.5 106-15 -0-08
FNMA 6.0 107-17 -0-06
Updated: 5/27/10 4:30 PM
Treasuries
3 MO 0.1700 0.0000
2 YR 0.8700 0.0500
5 YR 2.1800 0.1200
10 YR 3.3400 0.1300
30 YR 4.2400 0.1300
Updated: 5/27/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.86 0.03
15 Yr FRM 4.15 0.01
FHA 30 Year 4.89 0.03
Jumbo 30 Year 6.42 0.03
5/1 Yr ARM 3.83 0.03
Updated: 5/27/10 6:43 PM
Latest Video      
View:All Videos
Time to Retire Rating Agencies?
5/27/2010
Rating agencies don't seem to have many friends these days, with Jerome Fons, former Moody's managing director.
FINRA's Compliance Meeting
5/27/2010
Regulatory reform and the so-called "flash crash" on the agenda at FINRA's annual compliance meeting, with CNBC's Mary Thompson.
Obama Holds News Conference
5/27/2010
President Obama shares remarks on the BP spill and more.

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Recent Comments
Adam Quinones
on 5/27/2010 - read this comment
In an announcement dated May 26, 2010, USDA Rural Development has now confirmed that the Agency will continue to accept and process application packages. As has been done previously when program funds...
Michigan Appraiser
on 5/27/2010 - read this comment
As a member of the appraiser community, I think everyone in the loan industry should be upset with the underwriting guidelines of the banks. They are the ones setting up guidelines as to what they will...
Emmett Dempsey
on 5/27/2010 - read this comment
I used to think the AMC appraiser was to blame, but after doing some "post-mortems" of deals that were killed via HVCC I am seeing other wise. What is happening is that a lot of these AMC's...
Susan Myszkowski
on 5/27/2010 - read this comment
In my opinion a stronger case should be made for not including foreclosures and short sales to the comps that an appraiser is required to find for a property that is not distressed. First of all most of...

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