Tuesday, September 25, 2012

Romney vs. Obama: An Overview of the Candidates Housing Views

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Sep 25, 2012 2:47PM

Romney vs. Obama: An Overview of the Candidates Housing Views

Even while housing is repeatedly cited as a leading cause of the Great Recession and as a significant key to a full recovery the candidates for President of the United States have had little to say on the subject . While President Barack Obama has been heavily involved in housing issues for almost four years and it is fairly easy to derive and document what we can assume will be his policy over the next four years the same is obviously not true for the challenger. Mitt Romney finally released a ...

Sep 25, 2012 2:47PM

Mortgage Rates Continue Surge To Lower All-Time Lows

Mortgage rates surged lower again today , continuing an ongoing push into lower all-time lows . Although bond markets in general moved lower in rate today, the overriding factor leading mortgage rates lower is the ongoing reaction to the Fed's recently announced quantitative easing measures which specifically target the securities that underlie the mortgage market. Yesterday's rate sheets were strong enough that we noted 3.25% as the more prevalent Best-Execution rate among most lenders. Today's...


Micro News

3:08 PM:

Just When You Think They're Done, MBS Keep Surging To All Time Highs

12:36 PM:

MBS Hold Ground, Fed's Plosser Cool On Inflation, But Not A QE3 Fan

11:11 AM:

MBS At Lowest Levels Of The Morning As Risk Rally Continues

10:26 AM:

Biggest Moves Of The Morning On Stronger Confidence Report

10:06 AM:

ECON: House Prices Rise 0.2 Percent In July - FHFA

10:04 AM:

ECON: Consumer Confidence Much Higher Than Expected

9:27 AM:

Bond Markets Improve Overnight But Bounce Back Into Domestic Session

9:07 AM:

ECON: Case-Shiller Home PricesImprove Across The Board

Around the Web

Video News

Steve Liesman: Housing in the USA a Good Investment?

Santelli's Midday Bond Report

S&P/Case-Shiller: Home Prices Rise Again


Today's Comments

Jacki Shafer

"I wasn't expecting the Top 9 list at the end, but it was certainly a welcomed surprise! It's tough content to swallow, but I appreciate how thoroughly..."

John Williamson

"I'm curious to see how long this lasts. We have quite a few clients asking questions about it, so we certainly appreciate the info."

Ted Rood

"Gosh, lax oversight and shoddy underwriting on a HUD program, what a surprise. If 76% of the 80 claims sampled contained material errors, have to expect..."

Today's Q&A

"Is a lender out there that will consider my income, or do I need to find full-time employment?"

"Is there any way around the 2 year part-time employment requirement?"

"When is closing confirmed"