Monday, March 15, 2010

Home Builder Confidence Falls on Foul Weather and Distressed Sales

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
In March, Builder confidence lost the small amount of progress seen in February, falling two points to 15 where the index sat in January. The NAHB cites... - MND NewsWire
Treasury and HUD are reporting that the number of homeowners who have converted to a permanent loan modification status under the Making Home Affordable... - MND NewsWire
After a slow week of economic data, the calendar picks up in the days ahead.If you followed my advice on floating over the weekend, you picked up some... - Mortgage Rate Watch
jeffer90576
MBS Quotes
FNMA 4.0 97-27 -0-01
FNMA 4.5 100-30 0-02
FNMA 5.0 103-24 0-00
FNMA 5.5 105-18 0-00
FNMA 6.0 106-16 -0-01
Updated: 3/15/10 4:30 PM
Treasuries
3 MO 0.1450 -0.0050
2 YR 0.9396 -0.0304
5 YR 2.3951 -0.0250
10 YR 3.6949 -0.0151
30 YR 4.6267 0.0067
Updated: 3/15/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.96 -0.02
15 Yr FRM 4.31 -0.01
FHA 30 Year 5.15 -0.03
Jumbo 30 Year 6.48 -0.01
5/1 Yr ARM 4.16 -0.03
Updated: 3/15/10 6:34 PM
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3/15/2010
Sen. Chris Dodd (D-CT) unveils his plan for financial regulation reform.
NAHB Sentiment Slips
3/15/2010
The latest on homebuilder confidence, with CNBC's Diana Olick.

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Recent Comments
Victor Burek
on 3/15/2010 - read this comment
Daniel, what rate and you being quoted. And you are closing within 30 days or just over 30 days?
Adam Quinones
on 3/15/2010 - read this comment
Sure, I have been writing extensively on the topic over on MND NewsWire. Here is a post that will bring you up to speed:http://www.mortgagenewsdaily.com/03102010_mba_mortgage_applications.asp
Scott Maycumber
on 3/15/2010 - read this comment
AQ, I think you may have missed my question on Friday. But I was wondering if the lack of too much talk over the thermometer to the right of the page, (hence fed exiting the MBS market) means that you...
Charles Motley
on 3/15/2010 - read this comment
Shadow inventory definitely playing a part in my area. Many of the homes listed have been seeing 10, 15 or even 20+ competing offers. The bank's plan to increase demand managed to up our median home...

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Posted by Tommy Wyman at 3:51 PM