Wednesday, December 9, 2009

Mortgage Apps Higher After Holiday - Refinances Drive Demand

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
This week's report indicated an increase in demand for new mortgage loans. The Market Composite Index rose 8.5%, the purchase index was 4.0% higher... - MND NewsWire
"Rate sheet influential" MBS prices plummeted after the auction results. "Rate sheet influential" MBS prices plummeted after the auction... - MBS Commentary
Federal Reserve Governor Duke says the downturn in housing has affected communities in many ways, but the effects were largely related to the underlying... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 99-06 -0-03
FNMA 4.5 101-30 -0-03
FNMA 5.0 104-18 -0-01
FNMA 5.5 106-04 -0-04
FNMA 6.0 107-06 0-02
Updated: 12/9/09 4:30 PM
Treasuries
3 MO 0.0300 0.0000
2 YR 0.7600 0.0300
5 YR 2.1500 0.0300
10 YR 3.4500 0.0500
30 YR 4.4100 0.0200
Updated: 12/9/09 6:00 PM
Mortgage Rates
30 Yr FRM 4.88 0.02
15 Yr FRM 4.18 0.01
FHA 30 Year 5.10 0.02
Jumbo 30 Year 6.09 0.03
5/1 Yr ARM 4.06 0.03
Updated: 12/9/09 2:47 PM
Latest Video      
View:All Videos
Debate on CFPA
12/9/2009
A look at the House nearing the reg reform vote, Rep. Keith Ellison (D-MN) and Rep. Randy Neugebauer (R-TX).
Big Dollars for Small Business
12/9/2009
A slice of what some are calling stimulus 2.0, with CNBC's Brian Shactman.
Home Sale Price Reductions
12/9/2009
CNBC's Diana Olick looks at the decline in home sale price.

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Recent Comments
Adam Quinones
on 12/9/2009 - read this comment
PIMCO'S GROSS SAYS U.S. JOB GROWTH TO RESUME SOON, BUT WILL BE TOO WEAK TO MEASURABLY CUT JOBLESS RATE. SEES SUBPAR U.S. GROWTH IN 2010, NEAR 2 PCT WITH HIGH UNEMPLOYMENT LINGERING. GROSS DOES NOT...
Frank Ceizyk
on 12/9/2009 - read this comment
Maybe if the 0% modifications had been more aggressively granted before unemployment went up, the housing/foreclosure crisis would not have wounded the economy as deeply as it has and unemployment would...
Nate Miller
on 12/9/2009 - read this comment
The new DU fun begins....LOANS MUST BE LOCKED AND UPLOADED BY FRIDAY 8:00 PST FOR PIPELINE PROTECTION. THE MAX DTI WILL BE 45% GOING TO 50% (417K ONLY) WITH COMPENSATING FACTORS. Loans in the pipeline...
Jason Oelrich
on 12/8/2009 - read this comment
Corky, Thanks for telling it like it is, although you probably didn't win the "Mr. Sensitivity" award for this one (even though your comment had nothing to do with ethics). The persona/character...

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