Tuesday, December 29, 2009

Case-Shiller: Home Prices Lose Seasonal Support. Momentum Moderating

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Top Stories      
In August, 17 of 20 cities reported month over month appreciations. In September 10 out of 20 cities reported month over month improvements. In October... - MND NewsWire
Owners of small mortgage banking and brokering companies are passionate, energetic and motivated. It takes a certain personality and genetic code to own... - Community Commentary
What has traditionally been viewed by originators and lenders as a low frequency, moderate severity event ("a cost of doing business") - loan... - Voice of Housing
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MBS Quotes
FNMA 4.0 96-21 0-11
FNMA 4.5 99-25 0-09
FNMA 5.0 102-18 0-03
FNMA 5.5 104-23 0-02
FNMA 6.0 106-03 0-05
Updated: 12/29/09 4:28 PM
Treasuries
3 MO 0.0872 0.0314
2 YR 1.0871 0.0484
5 YR 2.5706 -0.0276
10 YR 3.8031 -0.0372
30 YR 4.6420 -0.0474
Updated: 12/29/09 4:35 PM
Mortgage Rates
30 Yr FRM 5.04 -0.01
15 Yr FRM 4.33 0.01
FHA 30 Year 5.26 -0.02
Jumbo 30 Year 6.26 0.01
5/1 Yr ARM 4.26 0.03
Updated: 12/29/09 12:15 PM
Latest Video      
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Flat Housing: A Good Thing?
12/29/2009
Susan Wachter, a real estate professor at Wharton, and Patrick Newport, of IHS Global Insight, discuss whether a flat round of S&P/Case-Shiller numbers...
"Cloudy Optimism" Best Describes 2010
12/29/2009
12/29/09 Floor trader David Henderson best describes his outlook for 2010 to be cloudy yet optimistic.
Correction Looming?
12/29/2009
Should investors be bracing for a correction? James Paulsen, of Wells Capital Management, and Scott Minerd, of Guggenheim Partners, share their insight...

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Recent Comments
Mark H
on 12/29/2009 - read this comment
Assuming the Fed ends their MBS purchases on schedule I think we will go back to the risk premium investors were commanding in 2008, that will be the New Normal for many years to come. Although household...
JERRY NISIVOCCIA
on 12/29/2009 - read this comment
I think it's all 'smoke and mirrors'. They want the American public to think that the economy is rebounding by painting a year end picture of 'recovery' in front of our eyes. All these...
Frank Ceizyk
on 12/29/2009 - read this comment
Year end window dressing. 10 year wants to get to 4%--Dow would love to hit 11,000. CNBC "Bond meltdown" report today may help drive it there--Robert Brusca, Chief Economist at "Fact and...
Dan Clifton
on 12/29/2009 - read this comment
Bernie 5.25% with no points is a good rate. Holiday season is never agreat time for rates, but you have a good one there. If i were a betting man i might float it, but utlimately the question is are you...

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