Tuesday, March 9, 2010

Commercial and Multifamily Mortgages Outperforming Overall Bank Holdings

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
The Mortgage Bankers Association says that multifamily and commercial mortgages had lower delinquency rates and charge-offs during the last two years that... - MND NewsWire
If you haven't read the following description of the agency MBS settlement process...please don't skip over it as it may save you from having to... - MBS Commentary
The Department of Housing and Urban Development is reporting that over 3,000 HUD funded groups have complied with reporting requirements regarding hiring... - MND NewsWire
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MBS Quotes
FNMA 4.0 98-03 -0-04
FNMA 4.5 101-01 -0-05
FNMA 5.0 103-24 -0-04
FNMA 5.5 105-09 -0-09
FNMA 6.0 105-31 -0-09
Updated: 3/9/10 4:46 PM
Treasuries
3 MO 0.1600 0.0150
2 YR 0.8900 -0.0010
5 YR 2.3400 -0.0282
10 YR 3.7100 -0.0057
30 YR 4.6800 -0.0063
Updated: 3/9/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.93 -0.01
15 Yr FRM 4.30 -0.02
FHA 30 Year 5.12 -0.02
Jumbo 30 Year 6.45 -0.01
5/1 Yr ARM 4.14 0.00
Updated: 3/9/10 4:50 PM
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Recent Comments
Bobby Downey
on 3/9/2010 - read this comment
I think the whole system gets revamped and we move to a period of even lower rates. Once the FED steps away and the secondary market goes back to being stagnant a plan will have to be devised to entice...
Gus Floropoulos
on 3/9/2010 - read this comment
these are cash flowing instruments...typically banks leverage these properties with built in vacancy loss factors and higher than reported expenses. It was the last piece of lending that wasn't completely...
Frank Ceizyk
on 3/9/2010 - read this comment
Beth, Read some of your blogs--well done. One thing I didn't notice you drive home is the fact that there is 3rd party nonprofit counseling required as part of the program. I think this gives seniors...
Chadwick
on 3/9/2010 - read this comment
about the interest deduction - it encourages someone to have debt which definately helped us get in this situation; along with a thousand other variables. The interest deduction also rewards people for...

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