Wednesday, March 17, 2010

Loan Demand at Stand Still. Are You Nervous About the Year Ahead?

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 12, 2010. When the Fed announced... - MND NewsWire
We are seeing very aggressive rate sheets from lenders today. My advice would be to lock any loan closing and funding in the next 30 days. Same exception... - Mortgage Rate Watch
Across all stages of production, falling energy prices in February accounted for the majority of deflation with gasoline being the biggest drag. The Fed... - MBS Commentary
jeffer90576
MBS Quotes
FNMA 4.0 98-10 0-06
FNMA 4.5 101-05 0-03
FNMA 5.0 104-00 0-05
FNMA 5.5 105-20 0-00
FNMA 6.0 106-21 0-00
Updated: 3/17/10 4:32 PM
Treasuries
3 MO 0.1471 -0.0129
2 YR 0.9155 -0.0146
5 YR 2.3614 -0.0086
10 YR 3.6361 -0.0239
30 YR 4.5670 -0.0230
Updated: 3/17/10 5:09 PM
Mortgage Rates
30 Yr FRM 4.91 -0.03
15 Yr FRM 4.26 -0.03
FHA 30 Year 5.09 -0.03
Jumbo 30 Year 6.45 -0.02
5/1 Yr ARM 4.11 -0.03
Updated: 3/17/10 3:30 PM
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Crafting Financial Reform
3/17/2010
Insight on Fed chief Bernanke's testimony, health care and anger towards Congress, with Sen. Judd Gregg, (R-NH).
Bernanke on Bank Supervision
3/17/2010
Fed Chairman Ben Bernanke gives his opening statement to a House Financial Services Committee hearing on the link between bank supervision and monetary...
Home Tax Credit Expires in Six Weeks
3/17/2010
Discussing the impact the home tax credit has had and what will happen after it expires, with Susan Wachter, a real estate professor at Wharton, and Stephen...

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Recent Comments
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...
Andrew Russell
on 3/17/2010 - read this comment
Yes sir, purchase market is it right now, plus with licensing will force out even more originators looking for greener pastures $$, which means more for the ones left, i.e. MEEEEEE :)
Adam Quinones
on 3/17/2010 - read this comment
then again...my mom says she has gotten 12 appraisal requests in the past two days...12 purchases
Andrew Russell
on 3/17/2010 - read this comment
Has anyone heard or has anyone seen a lender doing Homestyle...the alternate sect of homepath that was originated years ago but seems to not be used much? This is a home run mortgage that no investors...

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