Thursday, August 26, 2010

Chicago Fed Explores Effectiveness of Home Buyer Counseling

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
The President of the Chicago Federal Reserve told an audience on Tuesday that financial literacy played a role in the mortgage meltdown, but suggested... - MND NewsWire
If you've been reading along over the past week you know I've been calling for the recent interest rate rally to reverse course. Poor housing... - MBS Commentary
Three months after the home buyer tax credit expired, housing is stagnant. This should come as no surprise to folks working in the industry. Most prospective... - MND NewsWire
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MBS Quotes
FNMA 4.0 103-05 0-09
FNMA 4.5 104-24 0-07
FNMA 5.0 106-02 0-04
FNMA 5.5 106-27 0-02
FNMA 6.0 107-18 -0-01
Updated: 8/26/10 4:46 PM
Treasuries
3 MO 0.1450 -0.0150
2 YR 0.5165 -0.0135
5 YR 1.3733 -0.0267
10 YR 2.4755 -0.0645
30 YR 3.5115 -0.0785
Updated: 8/26/10 5:08 PM
Mortgage Rates
30 Yr FRM 4.34 0.02
15 Yr FRM 3.75 0.02
FHA 30 Year 4.41 0.02
Jumbo 30 Year 5.56 0.00
5/1 Yr ARM 3.48 0.03
Updated: 8/26/10 4:35 PM
Latest Video      
View:All Videos
Focus on Foreclosures
8/26/2010
Discussing the mixed bag of new housing data with Ted Wilson, of Residential Strategies; Steve Bottfeld, of Marketing Solutions; and CNBC's Diana Olick...
Fed Feeling the Heat
8/26/2010
Discussing whether Fed Chairman Bernanke can restore confidence in the market and the economy, with CNBC's Steve Liesman and Ethan Harris, of Bank...
Pulse of the Commercial Real Estate Market
8/26/2010
Checking the pulse of the all-important commercial real estate market, with Russel Bernard, of Westport Capital Partners.

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Recent Comments
Bobby Downey
on 8/26/2010 - read this comment
So we are expecting a pretty strong downward revision to GDP numbers tomorrow aren't we? Gotta think that is going to do us some good...... Thinking NFP on the 3rd is going to be a market mover......
Adam Quinones
on 8/26/2010 - read this comment
Just back into the PANIC zone. We're not talking anything substantial here. Mortgage Rates will be resilient to rising benchmark rates.
Michael Gannon
on 8/26/2010 - read this comment
where do you see rates going? Back towards 5% or just off this extremely low we are sitting at? Won't data that continues to be average to bad still keep us in this range through next spring? I dont...
lucy cantu
on 8/25/2010 - read this comment
I'M READY FOR THE USDA RURAL HOUSING FUNDING.

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