Thursday, March 18, 2010

10 Days Left in Fed's MBS Purchase Program. What is Potential for Extension?

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Don't expect an extension of the MBS program on April 1. If anything, the Fed will let the market function on its own and evaluate progress. If the... - MND NewsWire
Short sales have been hampered by cycle times that can easily last months. One of the critical steps to improving adoption of this loss mitigation tool... - Voice of Housing
Fannie Mae has lowered many of its earlier projections for first quarter residential investment based on lagging home sales in January and February; but... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 97-30 -0-11
FNMA 4.5 100-30 -0-06
FNMA 5.0 103-26 -0-04
FNMA 5.5 105-21 -0-01
FNMA 6.0 106-16 -0-03
Updated: 3/18/10 4:32 PM
Treasuries
3 MO 0.1600 0.0100
2 YR 0.9800 0.0300
5 YR 2.4400 0.0600
10 YR 3.6800 0.0300
30 YR 4.5900 0.0300
Updated: 3/18/10 5:41 PM
Mortgage Rates
30 Yr FRM 4.93 0.02
15 Yr FRM 4.27 0.01
FHA 30 Year 5.12 0.03
Jumbo 30 Year 6.48 0.03
5/1 Yr ARM 4.08 -0.03
Updated: 3/18/10 4:43 PM
Latest Video      
View:All Videos
Health Care Update
3/18/2010
CNBC's John Harwood has an update on the costs behind the bill.
Rate Hike Rumor
3/18/2010
Discussing the dollar's direction, with Ashraf Laidi, CMC Markets chief currency analyst.
FHA: Springing Forward
3/18/2010
A look at the changes at the FHA, with David Stevens, FHA Commissioner and CNBC's Diana Olick.

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Recent Comments
Carey Valentine
on 3/18/2010 - read this comment
I've been in the business too long and established too many relationships to just throw in the towel. It's cyclical, always has been. The games always changing and so are the rules. It's part...
paulina drake
on 3/18/2010 - read this comment
Fannie eliminated the Homestyle C to P program in 09/2009.
Adam Quinones
on 3/18/2010 - read this comment
Also causing some chaos: A RUMORED HIKE IN THE DISCOUNT RATE....which was bumped up from 0.50% to 0.75% on February 18
Adam Dahill
on 3/17/2010 - read this comment
No way. I am crushing it. Doing more loans than ever. I don't even time to post on MND anymore.. except for this :) Refi's are still coming and the purchases are HEATING UP. my brokers are even...

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