Tuesday, February 16, 2010

S&P: Shadow Inventory - Reason to Extend Fed's MBS Program?

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
Noting that the Case Shiller/S&P Home Index had risen 3 percent since hitting its low in May of last year, today's report speculated that the increase... - MND NewsWire
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today revealed that home builders are more optimistic... - MND NewsWire
Reports from fellow mortgage professionals indicate lender rate sheets to be slightly improved from yesterday, which were pretty much the same as Friday... - Mortgage Rate Watch
jeffer90576
MBS Quotes
FNMA 4.0 98-03 0-05
FNMA 4.5 101-02 0-05
FNMA 5.0 103-24 0-02
FNMA 5.5 105-16 0-02
FNMA 6.0 106-11 0-04
Updated: 2/16/10 4:29 PM
Treasuries
3 MO 0.0862 -0.0010
2 YR 0.8023 -0.0242
5 YR 2.3002 -0.0303
10 YR 3.6570 -0.0340
30 YR 4.6318 -0.0175
Updated: 2/16/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.95 -0.02
15 Yr FRM 4.28 -0.01
FHA 30 Year 5.15 -0.02
Jumbo 30 Year 6.43 0.01
5/1 Yr ARM 4.21 0.01
Updated: 2/16/10 4:44 PM
Latest Video      
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More Real Estate Deals Ahead?
2/16/2010
Discussing commercial property pressures and whether more rea estate deals are in the works, with Barry Gosin, Newmark Knight Frank and Alex Goldfarb,...
Jobs Bill: Policy vs. Politics
2/16/2010
David Min, of the Center for American Progress, and Kevin Hassett, of the American Enterprise Institute, share their thoughts on the Senate jobs bill.
Hovnanian on Homebuilder Sentiment
2/16/2010
Ara Hovnanian, CEO of Hovnanian Enterprises, discusses the latest homebuilder sentiment data and how his business is performing.

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Recent Comments
Jason Harris
on 2/16/2010 - read this comment
Eric and Walter, While I am sure these anecdotal stories are very true, I would add one aspect where a bank can actually do well from a competitive standpoint with wholesale. On a $250K cookie cutter solid...
Adam Quinones
on 2/16/2010 - read this comment
yeh trading flows are not indicative of a bullish sentiment in rates. this rally is shallow. MBS are due profit taking. TSYs are getting a boost from short covering, real money buying, and some options...
David Haines
on 2/16/2010 - read this comment
This is a really weird day in the markets. Huh?
Walter Houston
on 2/15/2010 - read this comment
Jason, as I stated, with few exception, and you CLEARLY the exception. I sat in a citywide meeting of Wells Fargo loan officers, and the manager of this group warned all the LO's that the refi boom...

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