Thursday, June 10, 2010

FHA Gets OK to Raise Annual Mortgage Insurance Premium

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/156966.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      
The House of Representatives has just approved by a 406-4 vote the Federal Housing Administration Reform Act, a law designed to shore up the finances of... - MND NewsWire
The good news is it seems like the worst is behind us in terms of new defaults. Plus the modest decline in newly scheduled auctions helps out housing on... - MND NewsWire
Have you ever wondered why longer term locks are more expensive than short term locks? - MBS Commentary
jeffer90576
MBS Quotes
FNMA 4.0 99-21 -0-22
FNMA 4.5 102-15 -0-19
FNMA 5.0 105-07 -0-12
FNMA 5.5 107-01 -0-12
FNMA 6.0 107-28 -0-11
Updated: 6/10/10 4:31 PM
Treasuries
3 MO 0.1000 0.0000
2 YR 0.7900 0.0500
5 YR 2.1200 0.1300
10 YR 3.3300 0.1300
30 YR 4.2500 0.1300
Updated: 6/10/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.73 0.04
15 Yr FRM 4.04 0.02
FHA 30 Year 4.79 0.04
Jumbo 30 Year 6.35 0.03
5/1 Yr ARM 3.71 0.03
Updated: 6/10/10 5:21 PM
Latest Video      
View:All Videos
Mortgage Debt On The Decline
6/10/2010
Mortgages are becoming less of a problem, reports CNBC's Steve Liesman.
U.S. Home Seizures Jump 44% as All States Show Rise: Video
6/10/2010
June 10 (Bloomberg) -- U.S. home foreclosures reached a record for the second consecutive month in May, with increases in every state, as lenders stepped...
Fin-Reg Impact on Small Biz
6/10/2010
Discussing how financial reform regulation will impact small business owners, with Heather McGhee, Demos Washington and Phil Kerpen, Americans for Prosperity...

Advertise With Mortgage News Daily
JOIN THE CONVERSATION
Recent Comments
Frank Ceizyk
on 6/10/2010 - read this comment
One unasked question AQ: when the shadow inventory hits the streets, how will it affect the growing phemonena of strategic defaults? If these firesale homes continue to drag down the values of nearby homeowners...
Owl Tree
on 6/10/2010 - read this comment
Larry, I agree 100%. My biggest fear is that the financial reform legislation will be corrupted to serve the market interest of the largest, most politically-influential players at the expense of small...
Larry Gray
on 6/9/2010 - read this comment
You guys have to be the talented few among the many loan officers there were at one time even just a year ago let alone 3 years ago...to have survived this far along. I do not even want to begin to talk...
nick mollgaard
on 6/9/2010 - read this comment
Re the tax credit the realtors I talk to here saw an immediate effect after the april 30 deadline for accepted offers. I would assume that reports going forward will indicate most of the action on this...

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/156966.aspx

Wednesday, June 9, 2010

Refinance Demand Declines As Pool Of Qualified Borrowers Shrinks

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/156764.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      
Purchase and refinance applications dropped this week, even after an adjustment for the Memorial Day holiday. Purchase applications are now 35 percent... - MND NewsWire
We had what I hope was an enlightening conversation yesterday afternoon about the status of loan pipelines and the recent improvement in loan pricing.... - MBS Commentary
The Beige Book is a compilation of anecdotal information and data on current economic conditions across the country. The findings are NOT THE VIEWS OF... - MND NewsWire
jeffer90576
MBS Quotes
FNMA 4.0 100-13 0-09
FNMA 4.5 103-00 0-04
FNMA 5.0 105-18 0-04
FNMA 5.5 107-14 0-06
FNMA 6.0 108-06 0-02
Updated: 6/9/10 4:33 PM
Treasuries
3 MO 0.1000 -0.0200
2 YR 0.7400 0.0000
5 YR 1.9900 0.0100
10 YR 3.2000 0.0200
30 YR 4.1200 0.0200
Updated: 6/9/10 5:42 PM
Mortgage Rates
30 Yr FRM 4.69 -0.03
15 Yr FRM 4.02 -0.03
FHA 30 Year 4.75 -0.03
Jumbo 30 Year 6.32 -0.03
5/1 Yr ARM 3.68 -0.02
Updated: 6/9/10 5:00 PM
Latest Video      
View:All Videos
Bernanke Hearing Headlines
6/9/2010
Highlights from Fed Chairman Ben Bernanke's testimony before the House Budget Committee, with Frank Ahrens, business reporter at the Washington Post...
Cutting the Deficit
6/9/2010
How to fix record-high budget deficits, with Mark Calabria, Cato Institute and David Goodfriend, former Clinton White House Staffer.
Age of Austerity
6/9/2010
Discussing whether austerity measures will come to the United States, with David Kotok, Cumberland Advisors and Stuart Hoffman, PNC Financial Svcs.

Advertise With Mortgage News Daily
JOIN THE CONVERSATION
Recent Comments
nick mollgaard
on 6/9/2010 - read this comment
Re the tax credit the realtors I talk to here saw an immediate effect after the april 30 deadline for accepted offers. I would assume that reports going forward will indicate most of the action on this...
Emmett Dempsey
on 6/9/2010 - read this comment
I have always said that I hate originating when rates are dropping. Weird I know. The problem is that there is so much white noise on the Internet and TV with rates, and homeowners are so overwhelmed and...
Bobby Downey
on 6/9/2010 - read this comment
These rates are allowing me to give the majority of my customers what they want. That is a good rate and minimal costs. The big things these days is no cloing costs. No banks around here are charging origination...
Jeff Coon
on 6/9/2010 - read this comment
We've got a fat pipeline of mostly purchase deals with some refi's sprinkled in for our best ever month in June. July looking not so hot so far, as as some have mentioned just keeping the June...

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/156764.aspx