Wednesday, September 16, 2009

Fannie Mae's Herculean Challenge

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/107499.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.


Home Today's Headlines ATW Forums Q&A Mortgage Rates  
jeffer90576
MBS Quotes
FNMA 4.0 97-27 -0-04
FNMA 4.5 100-15 0-00
FNMA 5.0 102-22 0-01
FNMA 5.5 104-01 -0-03
FNMA 6.0 105-10 0-03
Updated: 9/16/09 4:32 PM
Treasuries
3 MO 0.1000 -0.0300
2 YR 1.0100 0.0500
5 YR 2.4600 0.0500
10 YR 3.4800 0.0100
30 YR 4.2600 -0.0100
Updated: 9/16/09 5:40 PM
Mortgage Rates
30 Yr FRM 5.01 -0.01
15 Yr FRM 4.50 -0.02
FHA 30 Year 5.14 -0.02
Jumbo 30 Year 5.79 0.01
5/1 Yr ARM 3.95 -0.03
Updated: 9/16/09 1:19 PM
Latest Video      
View:All Videos
Market Close 9.16
9/16/2009
S&P Rises 1.5%; Dow Rises 1.1%; Nasdaq Rises 1.4% (Bloomberg News)
Housing Outlook - Homebuilders Remain More Confident
9/16/2009
Homebuilder Confidence Rises for Third Straight Month - Interview with NAHB President Jerry Howard (Bloomberg News)
Biggest Sucker Rally Ever?
9/16/2009
Discussing whether the recent rally signals a road to recovery, with Daniel Alpert, Westwood Capital; John Burns, Burns Advisory Group; and CNBC's...

http://www.mortgagetradeshows.org/
JOIN THE CONVERSATION
Recent Comments
Reichert
on 9/16/2009 - read this comment
20% of my current month's pipe are refinances - the other 80% are purchases . . . thankfully. Compared to last month when 45% were refinances and 55% purchases. I think people are chasing the real...
Brian Denton
on 9/14/2009 - read this comment
This hasn't happened before in my town, but we just started getting low appraisals on new construction. Construction costs keep going up, but the only comps are short sales and foreclosures. HVCC is...
Raymond J Ruddy III
on 9/14/2009 - read this comment
rates are low, phones are not ringing and underwriting is getting even tougher...man, when will this end...
Chadwick McFarland
on 9/14/2009 - read this comment
With our new found lower rate trend, I've been able to bring back a handful of old refi's from the "we are waiting for rates to hit 4% bin"...now, they are happy at 5% - oh ya, and Kanye...

Mortgage News Daily


You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/107499.aspx