Thursday, August 12, 2010

Rates Low for Long Time: MND Perspective on the Fed's Modest Shift in Policy

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
The Fed is not ready to totally back out of the market yet! The "de minimis" manner in which they will conduct their operations suggests the... - MBS Commentary
The Administration is increasing its commitment to fund unemployment/foreclosure prevention programs in the states hardest hit by both problems. Funds... - MND NewsWire
I recently attended the Michigan Mortgage Lenders annual conference in Mt. Pleasant, Michigan. The group invited me to speak about current issues and... - The Garrett Watts Report
jeffer90576
FNMA 4.0 102-14 -0-12
FNMA 4.5 104-09 -0-14
FNMA 5.0 105-28 -0-14
FNMA 5.5 106-26 -0-11
FNMA 6.0 107-27 -0-06
Updated: 8/12/10 4:29 PM
MBS Quotes
3 MO 0.1600 0.0100
2 YR 0.5500 0.0100
5 YR 1.4800 0.0400
10 YR 2.7400 0.0200
30 YR 3.9400 0.0100
Updated: 8/12/10 5:40 PM
Treasuries
30 Yr FRM 4.36 -0.03
15 Yr FRM 3.75 -0.03
FHA 30 Year 4.41 -0.02
Jumbo 30 Year 5.60 -0.05
5/1 Yr ARM 3.44 -0.01
Updated: 8/12/10 3:01 PM
Mortgage Rates
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The REIT Rebound?
8/12/2010
Real estate may have some good news, with Jonathan Litt, Land and Buildings managing principal.
Reward Homeowners Who Pay Mortgages?
8/12/2010
Should the government reward homeowners who pay their mortgage? Erica Payne, of The Agenda Project, and CNBC's Rick Santelli debate the topic.
Corporate Bonds vs. Treasurys
8/12/2010
Where should you put your money? Kevin Giddis, of Morgan Keegan, and Ajay Rajadhyaksha, of Barclays, share their strategies.

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Jeffrey Sizemore
on 8/12/2010 - read this comment
I have just been quoting based on what I am comfortable making on a deal and then locking. GMAC pricing was smoking yesterday so I locked. Will it be better in a few days? Maybe. But I am happy with what...
Adam Quinones
on 8/12/2010 - read this comment
NEW YORK, Aug 12 (Reuters) - The U.S. housing market should skirt another major downturn, even though stubbornly high unemployment and foreclosures will curb demand and keep home prices mostly flat through...
Larry Gray
on 8/12/2010 - read this comment
Ray J reminds me to check in with client's that are floating the rate and let them make the decision. Our income will not be what is altered if pricing goes up...they will take the higher rate if that...
Jeff Anderson
on 8/12/2010 - read this comment
Initial Claims number ugly. Foreclosures up. Stock market down. Bonds...............down? Is all the $ going in to the mattresses today?
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