Mortgage Rates Improve Again From All-Time Lows

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Sep 22, 2011 5:17PM Mortgage Rates Improve Again From All-Time Lows After yesterday's FOMC Announcement, Mortgage Rates moved to all time lows. The rally in bond markets extended overnight and throughout today's trading, resulting in rate offerings improving even more. Please keep in mind that lenders simply cannot move mortgage rates lower at the same pace as a rapid rally in Benchmark Treasuries. Although you might hear talking heads on TV or read articles saying that mortgage rates are tied to Treasuries, THEY ARE NOT , and you'll be perennially frustrated if... Sep 22, 2011 4:00PM RadarLogic: "Signs Point to Trouble Ahead" as Seasonal Home Price Peak Passes Last week RadarLogic, a real estate data and analytics company, submitted a proposal, which we covered here , to the Federal Housing Finance Agency (FHFA) in response to a Request for Information regarding the proposed bulk sale of government owned real estate (REO). Wednesday, in their RPX Monthly Housing Market Report, they provided the latest information on their RPX Composite Price, and used updated data to restate and demonstrate the need for and urgency of their plan. In brief, the company... Can 10yr Yields Hit 1.5%? According to This Chart, They Can Mortgages from the Supermarket?; Major Banks Downgraded; Lots of Investor Updates MBS RECAP: 9/22/2011 FHFA Home Price Index Rose Slightly in July The Day Ahead: Equities Tank, 30-year Treasury at 2.86% Mortgage Rates Hit New All-Time Lows! View: Front Page | Headline Viewer Micro News 1:59 PM: Gloom and Doom Push German Yields to Record Lows 11:55 AM: FFIEC: 2010 Mortgage Lending Data Now Available 10:48 AM: FHFA: House Price Index Up 0.8 Percent in July 10:46 AM: HUD and NAREB Form Partnership to Promote Fair Housing 10:45 AM: JP Morgan Cuts Homebuilders Hovnanian, KB Home 10:38 AM: MBA: Commercial/Multifamily Mortgage Debt Outstanding Increased For First Time Since 2009 10:20 AM: ECON: Leading Economic Index Signals Weak Growth 10:07 AM: Freddie Mac: Fixed Rate Mortgages Hold Steady at Record Lows »View All Micro News Around the Web ICBA: CFA Will Create Jobs, Help Community Banks Bolster Economic Recovery Crash in Home Prices, Tight Lending Blocked 2.3 Million Refis Can the Foreclosure Crisis Be Solved? Federal Reserve Board issues enforcement action with SWNB Bancorp, Inc. What's Behind the Bank of America, Citi, and Wells Fargo Downgrades? Most Expensive Homes: What One Month's Mortgage Can Buy »View More Around the Web Video News Fed's Lifeline to Struggling Housing Market Feroli Says Fed May `Refine Guidance' on Interest Rates Sargen Says Fed's Move Won't Help U.S. Mortgage Market »View More Video News Today's Comments "Less mkt uncertainty will tighten CC #MBS yield spreads. The Fed's bid will intensify that move, then provide stability." "I like the 3.5 vs 4.0 chart. haven't seen that before. Awesome breakdown, as usual, MG." "The simple truth is we have gotten what we have because we offered nothing as an alternative. The interpretation of how to implement all of the new regulations..." »View More Comments Today's Q&A "RE short sale; if the selling price exceeds the banks agreed..." "How can i work for the banks and clean out homes?" "If someone buys a single family home for cash, how long until..." »View More Q&A jeffer90576 -view profile -edit profile Subscription Level: Non-Premium Manage Account Market Data Mortgage Rates 30YR 3.85 -0.13 15YR 3.25 0.00 FHA30YR 3.75 -0.02 Jumbo30YR 4.11 -0.14 5/1ARM 3.05 -0.04 MBS Quotes 30YR FNMA 3 103-21 0-21 30YR FNMA 4 105-21 0-12 30YR FNMA 4 106-26 0-08 30YR FNMA 5 108-03 0-05 Treasuries 2 YR 0.2018 0.0038 3 YR 0.3397 -0.0163 5 YR 0.7802 -0.0658 7 YR 1.2289 -0.0961 10 YR 1.7180 -0.1380 30 YR 2.7942 -0.2038 Recent Housing Data Visit our Market Data Center for all of the latest housing numbers, graphs, etc. FHFA Home Price 0.80% Existing Home -1.63% Existing Home 7.71% Mortgage Application 10.02% Mortgage Refinance 13.45% Mortgage Purchase 0.82% Forward Know someone who might be interested in this email? Forward it. Newsletter Archive Front Page | Headline Viewer | Video | Forums | Q&A | Market Data | Rates | Marketplace : Consumer - Industry © 2011 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031