Tuesday, December 6, 2011

Mortgage Rates Nearing All-Time Lows; Fannie, Freddie Fee Hikes Proposed

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Dec 6, 2011 3:26PM

Mortgage Rates In Line With Recent Lows. Near All-Time Lows

Mortgage Rates remain in the same range they've been in for weeks, although nearer to low side of that range today. The market phenomena driving rates microscopically lower are paradoxically the absence of market phenomena. The securities most directly responsible for mortgage rates, MBS, like it when things are calm and predictable in fixed-income markets. When a benchmark of those fixed-income markets such as 10yr Treasuries manage to trade no higher than yesterday's highs and no lower than yesterday...

Dec 6, 2011 10:36AM

Wind Continues to Come Out of HARP 2.0 Sails; NY Fed Reports on Multiple Non-owner Loans

In news that should surprise no one, the Census Bureau reports that the U.S. population 65 and older is growing faster than any other group and is now the largest in terms of size and percent of the population according to a new 2010 Census brief. According to the 2010 Census, there were 40.3 million people 65 and older on April 1, 2010, increasing by 5.3 million since the 2000 Census. In 2010, the older population represented 13% of the total population, up from 12.4% ten years earlier. Between...


Micro News

4:49 PM:

California, Nevada Join Forces in Mortgage Fraud Probes

3:36 PM:

FHFA: GSEs Complete Nearly 2 Million Foreclosure Prevention Actions

2:53 PM:

Another Afternoon, Another FT Article. Potential Negative Impact on MBS

11:51 AM:

MBS Ratcheting to Higher Prices on Slow Day. Positive Reprice Potential

10:18 AM:

NAHB: Twenty Metros Added Improving Housing Markets Index in Dec.

10:13 AM:

CoreLogic: October Home Prices Decline for Third Consecutive Month

10:11 AM:

MBA: Modest Changes in Commercial/Multifamily Mortgage Delinquency Rates During Third Quarter

8:39 AM:

Fed: Testimony by Governor Tarullo on Dodd-Frank Act Implementation

Around the Web

Video News

Home Prices in America

Global Markets Update: Bank of America's $350 Million Settlement

Criminal Prosecutions Stall for Financial Crimes


Today's Comments

Jeff Statz

"The NFP consolidating range is very interesting, but I don't think that NFP is reigned in for very long. My eyes are still on EU for any break for..."

Bryan LaFlamme

"Top-shelf analysis. I was looking at long-term NFP reports last night as well and noticed (not as acutely as displayed here) the convergence. Are there..."

AQ

"An assignment of trade is a tri-party agreement between an Assignor (originator lock desk), an Assignee (correspondent lender) and a broker/dealer where..."

Today's Q&A

"where do i report a morgage company"

"Having a VA loan can I add my fiancee on the tile of my house?"

"What happened to TDI rates?"