Friday, September 17, 2010

Americans More Cautious on Homeownership. Borrower Credit Profiles Impede Recovery

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The survey shows that consumers see a mixed outlook for housing and homeownership....These findings indicate a return to a more balanced and realistic... - MND NewsWire
By returning to a common sense approach to underwriting, proper use of the collected data, implementing easy individual loan identification and discarding... - Voice of Housing
Fannie Mae is working with the Federal Housing Finance Agency (FHFA) to develop and adopt appraiser independence requirements that will replace the Home... - MND NewsWire
jeffer90576
FNMA 4.0 102-09 -0-04
FNMA 4.5 104-01 -0-03
FNMA 5.0 105-13 -0-01
FNMA 5.5 106-12 -0-01
FNMA 6.0 107-12 -0-01
Updated: 9/17/10 4:31 PM
MBS Quotes
3 MO 0.1600 0.0000
2 YR 0.4800 0.0000
5 YR 1.4600 -0.0200
10 YR 2.7500 -0.0200
30 YR 3.9000 -0.0200
Updated: 9/17/10 5:40 PM
Treasuries
30 Yr FRM 4.43 0.01
15 Yr FRM 3.85 0.02
FHA 30 Year 4.46 0.02
Jumbo 30 Year 5.62 0.01
5/1 Yr ARM 3.61 0.03
Updated: 9/17/10 5:58 PM
Mortgage Rates
Latest Video      
Warren to Head Consumer Protection Agency
9/17/2010
President Barack Obama introduces Elizabeth Warren as his choice to set up the financial consumer protection agency.
Obama Town Hall Preview
9/17/2010
The countdown to the President continues, with Jeanne Cummings, Politico, and Neil Irwin, The Washington Post.
Has the Market Topped?
9/17/2010
Discussing whether the market has topped with Doug Kass, Seabreeze Partners Management president. Also, what the traders would like to ask President Obama...

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Adam Quinones
on 9/17/2010 - read this comment
Mortgage rates came into the week on a three day losing streak. After a quick correction on Monday and Tuesday, mortgage rates ended this week on another three day skid. The best par 30 year fixed mortgage...
Milton Wynne
on 9/17/2010 - read this comment
When you work with a wholesaler that is what I call, a "broker's broker" you have double and triple guideline overlays because they don't always know which bank they are sending the loan...
Kent Taylor
on 9/17/2010 - read this comment
interesting read today that would tell you this yield rise is temporary: "If you step back from the day-to-day (and minute-by-minute) focus on the latest data, "the state of the economy is.....
Peter Gladkin
on 9/17/2010 - read this comment
Sounds like despite this recent rise in yield, we could see rates come back down in the coming months, particularly if the Fed implements QE. Fingers crossed.
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