Housing Industry Gets Wake Up Call After Purchase Apps Fall To 13 Year Low

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Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       Housing Industry Gets Wake Up Call After Purchase Apps Fall To 13 Year Low The industry's worst fears might be coming true. Regardless of record levels of affordability (reset home prices and mortgage rates below 5.00%), purchase... - MND NewsWire MBA: Delinquency Rate Rises in First Quarter. Foreclosures Running At Record Pace Jay Brinkmann, Chief Economist for MBA says, "The issue this quarter is that the seasonally adjusted delinquency rates went up while the unadjusted... - MND NewsWire Q1 Advisory Observations: Tighter Pricing Spreads, Higher Per Loan Costs, Less Earnings Our Management Advisory Program (MAP) results for the first quarter 2010 are starting to come in. We measure top line revenues, gain-on-sale, compensation... - The Garrett Watts Report Mortgage Rate Rally Extends As... - Mortgage Rate Watch Originator Feedback From The Trenches;... - Pipeline Press MBS Close At Highest Prices Of... - MBS Commentary FOMC Minutes Recap and Market Reactions - MBS Commentary Forex Rescue Rumors Circulating... - MBS Commentary Inflation Data Tame. What Happened... - MBS Commentary Housing Starts Rise as Builders... - MND NewsWire A Brief History of the GSEs and Where They Went Wrong »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 99-06 0-01 FNMA 4.5 102-00 0-03 FNMA 5.0 104-18 0-02 FNMA 5.5 106-15 0-07 FNMA 6.0 107-14 0-04 Updated: 5/19/10 4:30 PM Treasuries 3 MO 0.1700 0.0000 2 YR 0.8000 0.0400 5 YR 2.1300 0.0200 10 YR 3.3600 -0.0200 30 YR 4.2400 -0.0200 Updated: 5/19/10 5:43 PM Mortgage Rates 30 Yr FRM 4.80 -0.04 15 Yr FRM 4.12 -0.03 FHA 30 Year 4.82 -0.04 Jumbo 30 Year 6.35 -0.03 5/1 Yr ARM 3.81 -0.04 Updated: 5/19/10 5:57 PM Latest Video       View:All Videos Mortgage Apps Plummet 5/19/2010 A look at the mortgage application numbers and the ramifications for the housing market, with CNBC's Diana Olick. Lockhart Expects Another Year of U.S. Mortgage Problems: Video 5/19/2010 May 19 (Bloomberg) -- James Lockhart, former director of the Office of Federal Housing Enterprise Oversight, talks with Bloomberg's Margaret Brennan about... Paul Volcker Discusses Europe's Debt Crisis, Euro: Video 5/19/2010 May 19 (Bloomberg) -- Paul Volcker, chairman of U.S. President Barack Obama's Economic Recovery Advisory Board, talks with Bloomberg's Tom Keene... Around The Web       U.S. Mortgage Delinquencies Appear to Level Off Mortgage Delinquencies by Period and by State Germany's Act of Desperation: Shock and Awe for Whom? Real Estate News: Property Rally, John Hancock Building's New Tenant Robert Shiller Offers Consensus View on Future Home Prices Is a 152801 Trillion Bailout Ahead for State Pension Funds? IMF Official: Euro's Slide Not a Problem Home Prices to Rebound in 2011 Mexico's Calderón Seeks U.S. Help Dodd Moves to Delay Ban on Derivatives Operations »View All Recent Articles JOIN THE CONVERSATION Recent Comments Adam Quinones on 5/19/2010 - read this comment NEW YORK, May 19 (Reuters) - The world's biggest bond fund increased its holdings of safe haven, dollar-denominated U.S. government bonds and pared its exposure to European debt last month as the euro... Gus Floropoulos on 5/19/2010 - read this comment Very interesting situation we are in. Trillions of dollars to help the housing market still cant help momentum moving. Without a doubt looser underwriting would help transactions pick up, but the risk... mdeery on 5/19/2010 - read this comment Great time to be doing loans, only problem I see now is a bottle neck in underwriting..underwriters are dealing with 2-3 times as many loans last few weeks and turn times gone to hell for most of them... Edgar on 5/19/2010 - read this comment All clear on the motivation...good post, thanks. I don't think we see a new tax credit come back, but that was a massive decline. April and May have been VERY slow....however it started to pick up... Questions Can a monthly payment that can not be made due to other financial... Can I put my house up for sale if I owe back taxes on it, and... Who pays the realtor's commission on the purchase of an REO... What items do home appraisers seek to find that would give higher... Answers Who decides what type of mortgage (i.e. conv/fha/va) a property... My father wants to pay off the balance of my mortgage ($65,000... what fees can a morgage broker charge on a hard money loan? My parents want to give me their home. What is the best way for... Forum Discussions Reverse the Foreclosure of My Home Do I have to give my mortgage company a W-9? When is a loan subject to RESPA? Loan Scenario: MA, $140,000, 620, 70% LTV, Purchase Pay Off the Balance of Our Home Mortgage Loan Scenarios Post | View All   State Date Amount Loan Type CA 5/15/2010 550,000.00 Purchase TX 5/11/2010 300,000.00 Refinance (Rate and Term) AL 5/10/2010 220,000.00 Purchase ID 5/10/2010 250,000.00 Cash Out Refinance OH 5/7/2010 59,500.00 Cash Out Refinance CA 4/30/2010 417,000.00 Cash Out Refinance Mortgage News Daily

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