Tuesday, June 8, 2010

Gimme Shelter: Homelessness Rate Climbing. Low Income Rental Units Needed

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/156518.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.


HomeToday's HeadlinesATWForumsQ&AMortgage Rates 
Top Stories      
Due to the greater economic woes and increasing unemployment numbers, more Americans are being forced to live within or below their means to save money... - Voice of Housing
Depending on fallout, your secondary marketing department is probably underwater on their loan pricing after the recent run-up in MBS prices. You tell... - MBS Commentary
Fitch Ratings Performance Metrics for May show continued declines in delinquency rates for both subprime and Alt-A RMBS, but a slight increase in the prime... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 100-07 0-02
FNMA 4.5 102-27 -0-02
FNMA 5.0 105-15 0-01
FNMA 5.5 107-07 -0-02
FNMA 6.0 108-05 -0-01
Updated: 6/8/10 4:31 PM
Treasuries
3 MO 0.1065 0.0000
2 YR 0.7420 0.0319
5 YR 1.9792 0.0493
10 YR 3.1839 0.0417
30 YR 4.1095 0.0282
Updated: 6/8/10 5:08 PM
Mortgage Rates
30 Yr FRM 4.72 -0.04
15 Yr FRM 4.05 -0.04
FHA 30 Year 4.78 -0.02
Jumbo 30 Year 6.35 -0.03
5/1 Yr ARM 3.70 -0.04
Updated: 6/8/10 5:10 PM
Latest Video      
View:All Videos
First Sovereign Debt, Now Munis?
6/8/2010
Insight on muni bonds, with Jimmy Lee, JPMorgan Chase vice chairman; Steve Cortes, Veracruz LLC; Ben Thompson, Samson Capital, Garky Kaminsky, contributing...
Double Dip or Not?
6/8/2010
Debating whether a double dip recession is ahead, with Steven Ricchiuto, Mizuho Securities and Joseph LaVorgna, Deutsche Bank.
GM Recalls 1.37M Vehicles
6/8/2010
GM recalls 1.37 million vehicles, mostly 2008 and 2009 models, for a defect related to a fuse in the vehicles' heating system that could potentially...

Advertise With Mortgage News Daily
JOIN THE CONVERSATION
Recent Comments
Melissa Browning
on 6/8/2010 - read this comment
I've got 14 refi's closing this month - all NO CLOSING COST. There was (and still is) such a huge gap in pricing on the locked rates (4.875% 30 yr. and 4.375% on 15 yr.) vs. the next lowest rate...
Christopher Stevens
on 6/8/2010 - read this comment
We are not having much fallout at our shop as we deal primarily with purchase business. What we are seeing is a drastic drop in business as everyone is focused on closing by 6/30. A lot of my agents said...
Steven Bote
on 6/8/2010 - read this comment
Thankfully, most of my clients understand that interest rates are secondary to proper originating, pre-qualifying, processing, appraisal, underwriting, and finally, funding. While it's a great feeling...
Jeff Coon
on 6/7/2010 - read this comment
How about this? 13. Fast turn times in underwriting & docs out 14. In house training on new product, & guidelines 15. Tech friendly 16. Personal Web pages for LO's

Mortgage News Daily


You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/156518.aspx