Tuesday, August 31, 2010

Mortgage Rates Hit New Lows

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Standard & Poor's Case-Shiller Indices continue to show improvement in home prices, but the rate of increase has slowed and its publisher points... - MND NewsWire
If you've been floating your loan or have yet to apply for a refinance because it just didn't seem worth the hassle, congratulations, mortgage rates hit... - Mortgage Rate Watch
Yesterday we heard banks were buying back MBS hedges. This means lock desks were actively reducing their pipeline coverage (forward hedges) to account... - MBS Commentary
jeffer90576
FNMA 4.0 103-16 0-08
FNMA 4.5 104-31 0-06
FNMA 5.0 106-04 0-03
FNMA 5.5 106-29 0-05
FNMA 6.0 107-20 0-01
Updated: 8/31/10 4:31 PM
MBS Quotes
3 MO 0.1400 0.0102
2 YR 0.4700 -0.0229
5 YR 1.3300 -0.0563
10 YR 2.4700 -0.0585
30 YR 3.5200 -0.0609
Updated: 8/31/10 5:49 PM
Treasuries
30 Yr FRM 4.30 -0.06
15 Yr FRM 3.71 -0.05
FHA 30 Year 4.35 -0.07
Jumbo 30 Year 5.50 -0.08
5/1 Yr ARM 3.46 -0.06
Updated: 8/31/10 7:27 PM
Mortgage Rates
Latest Video      
U.S. Stocks Rise on Consumer Confidence, Home Price Data: Video
8/31/2010
Aug. 31 (Bloomberg) -- Bloomberg's Elizabeth Faublas reports on the performance of the U.S. equity market today. Stocks rose, trimming the biggest...
Talking Numbers: Structural Unemployment
8/31/2010
Estimating structural unemployment with Jan Hatzius, chief US economist at Goldman Sachs.
Should You Buy Housing Stocks on the Dip?
8/31/2010
Daniel Oppenheim, of Credit Suisse, and Josh Levin, of Citi, share their opposing views.

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Owl Tree
on 8/31/2010 - read this comment
Looking at my rate sheets, I think Seals and Croft put it best...."summer breeze, makes me feel fine, blowing through the jasmine of my mind".
Robert Mason
on 8/31/2010 - read this comment
Thanks Adam. I see that a significant barrier still exists between 4.375 and 4.25. Then the barriers get smaller again if you can get over the hump.
Adam Quinones
on 8/31/2010 - read this comment
sounds like another tax credit is a no go at the moment...but the Administration stands at the ready.
Owl Tree
on 8/30/2010 - read this comment
I understand this is a busy week, but I've got to think the NFP will keep the range intact until Friday....I suppose the Thursday jobless claims number could create some direction in advance of that...
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Monday, August 30, 2010

HUD Secretary Tiptoes Around Another Tax Credit, Pushes Balanced Housing Policy

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
In a Sunday news show appearance, HUD Secretary Shaun Donovan said that it was too early to discuss a revival of the homebuyers tax credit even though... - MND NewsWire
My point: after reprices for the better, loan pricing is 13.3bps better than it was last Monday (on average). In fact, loan pricing is just about as aggressive... - MBS Commentary
The Conservator of Fannie Mae and Freddie Mac has issued its first report on Fannie Mae and Freddie Mac. The data indicates that problems began when... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 103-10 0-20
FNMA 4.5 104-24 0-03
FNMA 5.0 105-31 -0-01
FNMA 5.5 106-27 0-02
FNMA 6.0 107-18 -0-01
Updated: 8/30/10 4:30 PM
Treasuries
3 MO 0.1298 -0.0202
2 YR 0.4929 -0.0671
5 YR 1.3863 -0.1037
10 YR 2.5285 -0.1315
30 YR 3.5809 -0.1091
Updated: 8/30/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.36 -0.03
15 Yr FRM 3.76 -0.02
FHA 30 Year 4.42 -0.04
Jumbo 30 Year 5.58 -0.01
5/1 Yr ARM 3.52 -0.01
Updated: 8/30/10 6:46 PM
Latest Video      
View:All Videos
Tracking the Storms
8/30/2010
Two big storms are churning in the Caribbean, and they have the potential to impact the market. CNBC contributor John Kilduff shares his insight.
Bernanke & Your Bonds
8/30/2010
Rick Ashburn, of Creekside Partners, shares his bond strategy.
Grading Obama's Speech
8/30/2010
David Madland, of the Center for American Progress, and Mark Calabria, of the Cato Institute, share their reactions to President Obama's speech on...

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Recent Comments
Owl Tree
on 8/30/2010 - read this comment
I understand this is a busy week, but I've got to think the NFP will keep the range intact until Friday....I suppose the Thursday jobless claims number could create some direction in advance of that...
Gary Powell
on 8/27/2010 - read this comment
Is it just me, or does Mr. Evans seem to be oblivious to the regulatory changes that are coming out of DC, as well as the market changes that have been in place for years? His comments make me think that...
Frank Ceizyk
on 8/27/2010 - read this comment
Anthony-- I am so sorry for what happened to you. This article exemplefies what continues to be wrong with the lending and housing industry. Rationalizations for why the wrongs 'werent all that wrong'...
Anthony Rich
on 8/26/2010 - read this comment
After what has happened to me since december 2007, I will promise you financial people one thing. I will never borrow money again, and if I need it I will do with out it. You all talk in circles, the underwriters...

Mortgage News Daily


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