Wednesday, September 15, 2010

Stigma Surrounds Homeownership. Emotional Currency Undervalued

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Top Stories      
The Obama administration has tried gallantly to combat the financial crisis. Using virtually every conceivable tool at its disposal to keep people in their... - Voice of Housing
My sister-in-law said the problem was that I was thinking like a borrower instead of a lender. I told her I would stop thinking like a borrower if the... - Community Commentary
Is everyone enjoying added chopatility in the bond market? Loan pricing certainly traveled a long distance over the course of the last week. What's funny... - MBS Commentary
jeffer90576
MBS Quotes
FNMA 4.0 102-14 -0-13
FNMA 4.5 104-05 -0-07
FNMA 5.0 105-13 -0-07
FNMA 5.5 106-14 -0-01
FNMA 6.0 107-14 -0-01
Updated: 9/15/10 4:31 PM
Treasuries
3 MO 0.1461 -0.0040
2 YR 0.4795 -0.0205
5 YR 1.4434 0.0134
10 YR 2.7207 0.0407
30 YR 3.8713 0.0813
Updated: 9/15/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.39 0.02
15 Yr FRM 3.80 0.02
FHA 30 Year 4.42 0.03
Jumbo 30 Year 5.58 0.03
5/1 Yr ARM 3.55 0.02
Updated: 9/15/10 5:14 PM
Latest Video      
View:All Videos
News Hub: Greenspan Says Stimulus Disappoints
9/15/2010
Kathleen Madigan discusses the day's markets and Alan Greenspan's comments that the government's stimulus did not work as well as hoped.
Whalen Says Refis Amount to Wealth Transfer to Consumers: Video
9/15/2010
Sept. 15 (Bloomberg) -- Bryan Whalen, managing director at TCW Group Inc., talks with Bloomberg's Julie Hyman about the outlook for the mortgage market...
Plunging Home Prices
9/15/2010
Discussing multiple signs that there's a significant deterioration in the fragile housing market, with CNBC's Diana Olick.

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Recent Comments
Adam Quinones
on 9/15/2010 - read this comment
THE DAY AHEAD: (Reuters) Markets, still focused on payrolls, will be watching initial jobless claims. Economists expect the latest data to show claims of 460,000, compared with the previous report, which...
Frank Ceizyk
on 9/15/2010 - read this comment
Jeff, Since you are obviously passionate about keeping your home, I would suggest you contact whatever non profit housing agency is in your town and ask them to take on your case. Bring all of your correspondence...
mdeery
on 9/15/2010 - read this comment
I think many lenders are getting their turn times in order, thus will offer slightly higher rates than others to stop submissions, some will offer much lower pricing to get their pipelines filled back...
Anonymous
on 9/15/2010 - read this comment
The 3 C's of Underwriting - from the "common sense" years of Lending. Credit, Collateral & Capacity. How many Underwriters/Processors know this foundation today? Look where automation...

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