Monday, May 3, 2010

Treasury to Borrow Less From Public. Recap of Recent Housing Data

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
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"The increase in borrowing and the higher cash balance were due to a combination of the increase in the SFP balance, higher receipts, lower outlays... - MBS Commentary
According to the Monthly Volume Summary issued by Freddie Mac, the mortgage related investment portfolio skyrocketed, increasing by an annualized rate... - MND NewsWire
Homebuilders involved in remodeling are increasingly encouraged about present and future market conditions according to the most recent date released by... - MND NewsWire
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MBS Quotes
FNMA 4.0 97-20 -0-08
FNMA 4.5 100-20 -0-07
FNMA 5.0 103-13 -0-04
FNMA 5.5 105-11 0-00
FNMA 6.0 106-22 -0-03
Updated: 5/3/10 4:30 PM
Treasuries
3 MO 0.1603 0.0003
2 YR 0.9920 0.0220
5 YR 2.4565 0.0265
10 YR 3.6820 -0.0080
30 YR 4.5266 -0.0034
Updated: 5/3/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.96 0.01
15 Yr FRM 4.31 0.01
FHA 30 Year 5.11 0.02
Jumbo 30 Year 6.53 -0.01
5/1 Yr ARM 4.03 0.01
Updated: 5/3/10 4:17 PM
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May 3 (Bloomberg) -- Steve Forbes, chairman and chief executive officer of Forbes Inc., talks with Bloomberg's Margaret Brennan about the outlook for...
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Why Warren Buffett is backing up LLoyd Blankfein, with CNBC's Becky Quick.

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Recent Comments
Adam Quinones
on 4/30/2010 - read this comment
Fannie Mae : * Changes criteria for purchasing and securitizing adjustable-rate mortgages (ARMS) * Will continue to make available an interest-only loan product, but will change its qualification criteria...
Mark H
on 4/30/2010 - read this comment
Good post AQ, thanks. Congrats to your parents, hopefully they took as many back roads as possible to enhance their experience. My motorcycle vacations are some great memories. Arizona Dept. of Labor predicts...
Edgar
on 4/30/2010 - read this comment
AQ: Your boys at GS are now hearing from the DOJ. The only thing left is a little accounting issue and could we see the demise of one of the most powerful organizations in the world? I know could never...
Ray J
on 4/30/2010 - read this comment
So people stop paying mortgages and buy IPads...consumer spending goes up, GDP goes up. I know it's an oversimplification, but it's true.

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