Wednesday, June 9, 2010

Refinance Demand Declines As Pool Of Qualified Borrowers Shrinks

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/156764.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.


HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
Purchase and refinance applications dropped this week, even after an adjustment for the Memorial Day holiday. Purchase applications are now 35 percent... - MND NewsWire
We had what I hope was an enlightening conversation yesterday afternoon about the status of loan pipelines and the recent improvement in loan pricing.... - MBS Commentary
The Beige Book is a compilation of anecdotal information and data on current economic conditions across the country. The findings are NOT THE VIEWS OF... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 100-13 0-09
FNMA 4.5 103-00 0-04
FNMA 5.0 105-18 0-04
FNMA 5.5 107-14 0-06
FNMA 6.0 108-06 0-02
Updated: 6/9/10 4:33 PM
Treasuries
3 MO 0.1000 -0.0200
2 YR 0.7400 0.0000
5 YR 1.9900 0.0100
10 YR 3.2000 0.0200
30 YR 4.1200 0.0200
Updated: 6/9/10 5:42 PM
Mortgage Rates
30 Yr FRM 4.69 -0.03
15 Yr FRM 4.02 -0.03
FHA 30 Year 4.75 -0.03
Jumbo 30 Year 6.32 -0.03
5/1 Yr ARM 3.68 -0.02
Updated: 6/9/10 5:00 PM
Latest Video      
View:All Videos
Bernanke Hearing Headlines
6/9/2010
Highlights from Fed Chairman Ben Bernanke's testimony before the House Budget Committee, with Frank Ahrens, business reporter at the Washington Post...
Cutting the Deficit
6/9/2010
How to fix record-high budget deficits, with Mark Calabria, Cato Institute and David Goodfriend, former Clinton White House Staffer.
Age of Austerity
6/9/2010
Discussing whether austerity measures will come to the United States, with David Kotok, Cumberland Advisors and Stuart Hoffman, PNC Financial Svcs.

Advertise With Mortgage News Daily
JOIN THE CONVERSATION
Recent Comments
nick mollgaard
on 6/9/2010 - read this comment
Re the tax credit the realtors I talk to here saw an immediate effect after the april 30 deadline for accepted offers. I would assume that reports going forward will indicate most of the action on this...
Emmett Dempsey
on 6/9/2010 - read this comment
I have always said that I hate originating when rates are dropping. Weird I know. The problem is that there is so much white noise on the Internet and TV with rates, and homeowners are so overwhelmed and...
Bobby Downey
on 6/9/2010 - read this comment
These rates are allowing me to give the majority of my customers what they want. That is a good rate and minimal costs. The big things these days is no cloing costs. No banks around here are charging origination...
Jeff Coon
on 6/9/2010 - read this comment
We've got a fat pipeline of mostly purchase deals with some refi's sprinkled in for our best ever month in June. July looking not so hot so far, as as some have mentioned just keeping the June...

Mortgage News Daily


You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/156764.aspx