Tuesday, July 13, 2010

Homelessness Rife with Hidden Taxpayer Costs

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Beyond the human costs, local and federal government suffer very real economic impacts from homelessness. The homeless, particularly those who are chronically... - MND NewsWire
The S&P rallied 1.54% today, extending it's winning streak to six days, benchmark Treasury yields closed at their highest levels in almost three... - Mortgage Rate Watch
HARP Subordination Scenario; Jumbo Loan Foreclosure Numbers; Rates Low But Fewer Qualified Borrowers; International Homebuyers - Pipeline Press
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MBS Quotes
FNMA 4.0 101-00 -0-06
FNMA 4.5 103-13 -0-05
FNMA 5.0 105-20 -0-02
FNMA 5.5 107-13 0-00
FNMA 6.0 108-22 0-04
Updated: 7/13/10 4:33 PM
Treasuries
3 MO 0.1500 0.0131
2 YR 0.6700 0.0210
5 YR 1.9000 0.0548
10 YR 3.1500 0.0872
30 YR 4.1000 0.0439
Updated: 7/13/10 5:41 PM
Mortgage Rates
30 Yr FRM 4.66 0.01
15 Yr FRM 4.05 -0.01
FHA 30 Year 4.66 -0.02
Jumbo 30 Year 6.06 0.02
5/1 Yr ARM 3.65 0.04
Updated: 7/13/10 7:14 PM
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Recent Comments
Adam Quinones
on 7/13/2010 - read this comment
10yr note auction results: Bidding was similar to the 3-year note auction yesterday in the sense that the BTC ratio was above average but only at discounted prices/higher yields. The street was forced...
Adam Quinones
on 7/13/2010 - read this comment
NEW YORK, July 13 (Fitch) U.S. Prime RMBS serious delinquencies rose for the 37th consecutive month, according to the latest Performance Metrics results from Fitch Ratings. Conversely, Alt-A RMBS delinquencies...
Jason Harris
on 7/13/2010 - read this comment
Michelle, Not to step on Adam's toes but if you want my opinion mortgage rates are at or near the lows that can be expected. Bond economics currently prevent rates from heading much lower and there...
Bryan/Mortgage Finance Group, Inc.
on 7/12/2010 - read this comment
Just the title - "Congress goes back to work" scares me.

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