Wednesday, August 4, 2010

Purchase Apps on 3-Week Winning Streak. Who Wants to Call a Bottom?

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Refinance demand continues to bolster the mortgage market as purchases account for only 22% of new loan apps. Home buyers are utilizing the FHA for low... - MND NewsWire
A new Fannie Mae website for borrowers provides anonymous and non-judgmental assistance for borrowers who are in difficulty with their mortgages. The... - MND NewsWire
There is always an opportunity to grow profits without taking on additional risks. Sometimes it makes sense to engage someone to help you identify those... - The Garrett Watts Report
jeffer90576
MBS Quotes
FNMA 4.0 102-10 -0-05
FNMA 4.5 104-17 0-00
FNMA 5.0 106-18 -0-02
FNMA 5.5 107-22 -0-03
FNMA 6.0 108-25 -0-03
Updated: 8/4/10 4:40 PM
Treasuries
3 MO 0.1600 0.0000
2 YR 0.5600 0.0300
5 YR 1.6200 0.0700
10 YR 2.9800 0.0400
30 YR 4.0700 0.0300
Updated: 8/4/10 5:49 PM
Mortgage Rates
30 Yr FRM 4.48 -0.04
15 Yr FRM 3.90 -0.03
FHA 30 Year 4.52 -0.06
Jumbo 30 Year 5.85 -0.05
5/1 Yr ARM 3.54 -0.02
Updated: 8/4/10 8:11 PM
Latest Video      
View:All Videos
Pulte's Dugas Says Housing Market to Start `Slow Climb': Video
8/4/2010
Aug. 4 (Bloomberg) -- Richard Dugas, chief executive officer of PulteGroup Inc., talks with Bloomberg's Mark Crumpton and Julie Hyman about the outlook...
Stop Whining, Start Hiring
8/4/2010
Discussing whether corporate America is just whining about a slow recovery or whether they should take some of their cash stockpile and hire employees...
Junk Bond Deluge
8/4/2010
Investors are piling into junk bond funds, with Joe Balestrino, Federated Investors.

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Recent Comments
Robert Mason
on 8/4/2010 - read this comment
I just locked my refi an hour ago. I was considering waiting until the jobs report on Friday to see if rates would drop more from what will probably be bad news. But I can't take the pressure of worrying...
Ray J
on 8/4/2010 - read this comment
Doug, how many thousands did the subprime lenders employ? I would think less than 50k total.
Larry Gray
on 8/4/2010 - read this comment
AQ...I suspect we just have to continue to see more data like this postive data from the payroll reports before determining whether we start moving up in rates. I have one of those refinance loans the...
Doug Amend
on 8/4/2010 - read this comment
Good morning Adam, Something seems amiss in the last chart. The July 2003 to January 2006 Financial Sector Employment picture does not seem to line-up with the "Mass Hiring Articles" of that...

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