Tuesday, June 15, 2010

Homebuilder Confidence Falls As Same Problems Persists After Tax Credit Expiration

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After recording month over month improvements in April and May, home builder confidence declined in June. Builders still remain very cautious and are aware... - MND NewsWire
Floating your loan is getting more risky as stocks have broken an important level of resistance and investor optimism is improving. If stocks do extend... - Mortgage Rate Watch
HUD today released MORTGAGEE LETTER 2010-20. This Mortgagee Letter provides an overview of key provisions of HUD's recently issued final rule referenced... - MND NewsWire
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FNMA 4.0 99-16 -0-07
FNMA 4.5 102-13 -0-05
FNMA 5.0 105-05 -0-03
FNMA 5.5 106-31 -0-02
FNMA 6.0 107-28 -0-02
Updated: 6/15/10 4:30 PM
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3 MO 0.0900 0.0393
2 YR 0.7900 0.0642
5 YR 2.1000 0.0683
10 YR 3.3200 0.0671
30 YR 4.2300 0.0511
Updated: 6/15/10 5:40 PM
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30 Yr FRM 4.76 0.02
15 Yr FRM 4.11 0.03
FHA 30 Year 4.81 0.01
Jumbo 30 Year 6.40 0.02
5/1 Yr ARM 3.74 0.02
Updated: 6/15/10 5:46 PM
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Recent Comments
Adam Quinones
on 6/15/2010 - read this comment
H.R. 5072 also provides FHA with enhanced authority to crack down on lenders engaged in fraud or misrepresentation or failing to comply with FHA guidelines for originating or underwriting loans. "Families...
Charles Moulton
on 6/14/2010 - read this comment
Grayson highlighted the key question. How will this affect existing mortgages? Surely this will only apply to new originations. If a customer paid an UFMIP of 1.75% or 2.25% and expected low monthly MI...
Adam Quinones
on 6/14/2010 - read this comment
seeing scattered reprices for the better as the FN 4.0 and FN 4.5 tick into the green.
David Pereira
on 6/13/2010 - read this comment
I guess I am split on this related to an individual. To say that it was a crime appears a stretch, what crime would it be? I suspect the crimes they speak of are related to securities types of crimes and...

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Posted by Tommy Wyman at 3:31 PM