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News wires are buzzing with reports that the Senate just approved an extension of the homebuyer tax credit June 30 closing deadline. THESE HEADLINES ARE... - MND NewsWireThe SEC has charged another former mortgage executive with fraud in a scheme intended to scam at least 157901.5 billion from private investors and the U.S... - MND NewsWireFollowing the expiration of the homebuyer tax credit, building permits are at a one-year low and single-family Housing Starts saw their largest month over... - MND NewsWire |  | | jeffer90576 |  | |
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| | MBS Quotes | | FNMA 4.0 | 99-21 | 0-07 | | FNMA 4.5 | 102-18 | 0-06 | | FNMA 5.0 | 105-12 | 0-08 | | FNMA 5.5 | 107-02 | 0-05 | | FNMA 6.0 | 107-30 | 0-03 | | Updated: 6/16/10 4:34 PM |
| | Treasuries | | 3 MO | 0.1000 | 0.0100 | | 2 YR | 0.7500 | -0.0400 | | 5 YR | 2.0600 | -0.0400 | | 10 YR | 3.2700 | -0.0500 | | 30 YR | 4.1800 | -0.0500 | | Updated: 6/16/10 5:40 PM |
| | Mortgage Rates | | 30 Yr FRM | 4.78 | 0.02 | | 15 Yr FRM | 4.12 | 0.01 | | FHA 30 Year | 4.83 | 0.02 | | Jumbo 30 Year | 6.41 | 0.01 | | 5/1 Yr ARM | 3.75 | 0.01 | | Updated: 6/16/10 5:47 PM |
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View:All Videos |  | | Build America Bonds a Bust? | | 6/16/2010 | | Paul Equale, of Equale and Associates, and Michael Decker, of SIFMA, discuss whether Build America Bonds are an important tool for local governments or... |
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| | JOIN THE CONVERSATION | | Recent Comments |  | | Adam Quinones | | on 6/16/2010 - read this comment | | WELLS FARGO & CO CEO SAYS SEES U.S. HOUSING MARKET HAVING REACHED A BOTTOM, SOME MARKETS BOUNCING OFF BOTTOM |
|  | | Owl Tree | | on 6/16/2010 - read this comment | | I would agree on a lock if you are closing inside 30 days (of course, my opinion to lock is a virtual guarantee that rates will spike lower tomorrow). But seriously, the risk to rates spiking higher rather... |
| | | Adam Quinones | | on 6/16/2010 - read this comment | | the EU crisis is far from over but stocks aren't paying much attention to fundmentals right now. Its all about expiry and quarter end. I agree that rates will be low for a long while.... |
| | | Jason Stauffer | | on 6/16/2010 - read this comment | | Who woulda thought we'd see rates like this halfway into 2010? I'm with Mr. White, lock and run. Don't look back. Although, if the world continues to "not" bailout Spain, I think... |
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