Thursday, February 18, 2010

Recasting the Housing Finance Industry is a Three Step Process

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
In a recent Voice of Housing post, I lamented the fact that there seems to be shockingly little public debate underway concerning the future of the US... - Voice of Housing
Since the inception of the program in January 2009, the Fed has spent 135830.19 trillion in the agency MBS market, or 95.59 percent of the allocated 135830.25... - MND NewsWire
The Federal Reserve Board on Thursday announced that in light of continued improvement in financial market conditions it had unanimously approved several... - MBS Commentary
jeffer90576
MBS Quotes
FNMA 4.0 96-31 -0-21
FNMA 4.5 100-08 -0-13
FNMA 5.0 103-04 -0-14
FNMA 5.5 105-03 -0-09
FNMA 6.0 106-03 -0-06
Updated: 2/18/10 4:49 PM
Treasuries
3 MO 0.1000 0.0000
2 YR 0.9000 0.0300
5 YR 2.4600 0.0600
10 YR 3.7900 0.0500
30 YR 4.7400 0.0400
Updated: 2/18/10 5:40 PM
Mortgage Rates
30 Yr FRM 5.01 0.03
15 Yr FRM 4.33 0.02
FHA 30 Year 5.23 0.04
Jumbo 30 Year 6.49 0.03
5/1 Yr ARM 4.29 0.05
Updated: 2/18/10 5:48 PM
Latest Video      
View:All Videos
Gross on Fed Discount Rate Hike
2/18/2010
Pimco Co-CIO and Founder Bill Gross discusses the effect of the discount rate hike on the economy, with CNBC's Maria Bartiromo.
Orszag On Deficit Crisis
2/18/2010
Insight on America's rising debt, with Peter Orszag, OMB director.
Housing Headwinds Ahead
2/18/2010
Discussing whether the government's efforts to help housing have helped the U.S. economy, with Shari Olefson, Fowler White Boggs and Mary Tootikian...

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Recent Comments
Adam Quinones
on 2/18/2010 - read this comment
Don't confuse the Fed Funds Rate with the Discount Rate. The Fed Funds Rate is the interest rate banks charge each other for the overnight sale of immediately available funds. Banks are lending to...
Larry Gray
on 2/18/2010 - read this comment
I locked a couple of loans upon submission yesterday morning, including one after first reprice (client happy.) I have one floating because it is in suspension and I told the client we can not lock it...
Ray J
on 2/18/2010 - read this comment
I wonder how many brokers left the business over the last 4 years? I hear it was more than half of them. That trend should continue.
Nate Miller
on 2/18/2010 - read this comment
Fed hikes discount rate....dive dive into the close...

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