Wednesday, February 3, 2010

FY 2011 BUDGET: Housing and Mortgage Related Proposals

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
I have spent the last few days using the control-f function to locate anything mentioning housing or the mortgage industry. I searched the document for... - MND NewsWire
There are a few cons to the reverse mortgage but if one were to step back and really look at this program you'd see that the pros far outweigh the cons... - Voice of Housing
Michael Fratantoni, MBA's VP of Research and Economics, warned to expect rising mortgage rates over the next few months as the Fed exits the MBS buying... - Mortgage Rate Watch
jeffer90576
MBS Quotes
FNMA 4.0 97-25 -0-08
FNMA 4.5 100-27 -0-06
FNMA 5.0 103-28 -0-04
FNMA 5.5 105-29 -0-04
FNMA 6.0 106-29 -0-05
Updated: 2/3/10 4:30 PM
Treasuries
3 MO 0.1000 0.0000
2 YR 0.8800 0.0200
5 YR 2.4000 0.0300
10 YR 3.7300 0.0600
30 YR 4.6200 0.0700
Updated: 2/3/10 5:43 PM
Mortgage Rates
30 Yr FRM 4.97 0.02
15 Yr FRM 4.28 0.01
FHA 30 Year 5.15 0.01
Jumbo 30 Year 6.39 0.03
5/1 Yr ARM 4.19 0.03
Updated: 2/3/10 4:58 PM
Latest Video      
View:All Videos
Bernanke Sworn In
2/3/2010
Fed chief Ben Bernanke was just sworn into his second term, with CNBC's Steve Liesman.
Debunking the Deficit
2/3/2010
Discussing the U.S. debt threat, with Ken Volpert, Vanguard Principal and Ed Lazear, former Council of Economic Advisors.
Fed Mortgage Buying Could Cause Volatile Housing Market: Video
2/3/2010
Feb. 3 (Bloomberg) -- Bloomberg's Brian Luke reports on the outlook for the U.S. mortgage-bond market. (Source: Bloomberg)

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Recent Comments
Adam Quinones
on 2/3/2010 - read this comment
FED'S BERNANKE -FED MUST PROTECT INDEPENDENCE TO MAINTAIN PUBLIC CONFIDENCE, PROMOTE ECONOMIC, FINANCIAL STABILITY. BERNANKE, IN CEREMONIAL SWEARING IN, SAYS CRISIS REVEALED LAPSES AT FED, OTHER REGULATORS...
Steve Feiden
on 2/3/2010 - read this comment
Great post VB
Michael Becker
on 2/3/2010 - read this comment
Adam, I agree with your assessment but the NFP report for January is the one report of the year that the birth/death model is not from outer space. In 2009 the birth/death model assumed jobs were added...
Linda Gipson
on 2/3/2010 - read this comment
I had this very conversation with an attorney yesterday who was advising a client of his without full knowledge of the program. The public (and even the industry for that matter) are in dire need for additional...

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