Monday, November 22, 2010

Mortgage Rates Make Positive Progress. Busy Calendar Ahead

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Monday's trading of mortgage backed securities (MBS), which most closely dictate loan pricing offered by lenders, brought welcome changes in the scope... - Mortgage Rate Watch
Limits for most government-involved loans have been set for the coming year. Despite substantial losses in home values nationwide, the loan limits are... - MND NewsWire
Rate sheet influential MBS prices are trading higher this morning and lenders have passed along some love. - MBS Commentary
jeffer90576
MBS Quotes
FNMA 3.5 98-16 0-10
FNMA 4.0 101-21 0-05
FNMA 4.5 104-13 0-07
FNMA 5.0 106-16 0-09
FNMA 5.5 107-26 0-08
FNMA 6.0 109-03 0-06
Updated: 11/22/10 4:33 PM
Treasuries
3 MO 0.1247 -0.0153
2 YR 0.4643 -0.0558
5 YR 1.4177 -0.1223
10 YR 2.8019 -0.0781
30 YR 4.2048 -0.0452
Updated: 11/22/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.34 -0.02
15 Yr FRM 3.61 -0.02
FHA 30 Year 4.36 -0.02
Jumbo 30 Year 5.46 -0.03
5/1 Yr ARM 3.42 -0.02
Updated: 11/22/10 4:33 PM
Latest Video      
View:All Videos
Won't You Be My Neighbor?
11/22/2010
A look at how one family living in a 32-story condo tower is hoping to get some neighbors, with CNBC's Diana Olick.
Landlord Uncle Sam
11/22/2010
CNBC's Eamon Javers takes a look at unused and under-utilized government-owned buildings.
FBI Raids Two Hedge Funds
11/22/2010
Search warrants were issued for two funds, with CNBC's Mary Thompson.

JOIN THE CONVERSATION
Recent Comments
Adam Quinones
on 11/22/2010 - read this comment
doesnt bother me to have competitors posting their outlooks here...all is good as long they are able to provide additional perspective for the betterment of the industry....without including the embedded...
JTB
on 11/22/2010 - read this comment
Most of my opinions are based on my own personal need/hope. That said, I believe AQ and MG that we are in a "cleansing process", just makes sense. I'd also add that if we have buyers lined...
Gary Powell
on 11/22/2010 - read this comment
Rob, the one thing that you forgot to mention about the "good neighbor" program is the following. "Question: Where Are These Homes Located? Answer: The HUD homes are located in designated...
Frank Ceizyk
on 11/20/2010 - read this comment
Chris--this isn't the place to sell scam modification products--haven't consumers been through enough already? Provide the research and reports verifying "the lender can't dispute the...

Mortgage News Daily


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Thursday, November 11, 2010

Industry Organizations Request Delay of TILA-RESPA Integration

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HomeToday's HeadlinesATWForumsQ&AMortgage Rates  
Top Stories      
Saying they are already overburdened, eight financial service sector trade groups on Wednesday sent a letter to three regulators asking for a delay in... - MND NewsWire
"October marks the 20th consecutive month where over 300,000 U.S. homeowners received a foreclosure notice," said James J. Saccacio, chief executive officer... - MND NewsWire
QEII is here. This is the event that will help mortgage rates move back below 4.00% again. Patience is counting down without blasting off. - Mortgage Rate Watch
jeffer90576
FNMA 3.5 100-02 0-06
FNMA 4.0 102-24 0-02
FNMA 4.5 104-27 0-01
FNMA 5.0 106-10 0-02
FNMA 5.5 107-12 -0-01
FNMA 6.0 108-23 0-02
Updated: 11/10/10 4:31 PM
MBS Quotes
3 MO 0.1248 -0.0053
2 YR 0.4231 -0.0169
5 YR 1.2076 -0.0224
10 YR 2.6447 -0.0053
30 YR 4.3267 0.0767
Updated: 11/11/10 5:15 PM
Treasuries
30 Yr FRM 4.27 0.03
15 Yr FRM 3.56 0.03
FHA 30 Year 4.30 0.02
Jumbo 30 Year 5.44 0.04
5/1 Yr ARM 3.23 0.05
Updated: 11/10/10 6:39 PM
Mortgage Rates
Latest Video      
Liesman & Geithner in Seoul
11/11/2010
Treasury Secretary Timothy Geithner says the most important thing is to extend middle class tax cuts, with CNBC's Steve Liesman.
A City on the Brink
11/11/2010
The struggling economy has left state and city budgets in the red, with CNBC's Kate Kelly.
G20 Showdown
11/11/2010
Discussing concerns over currency devaluation, with Jim Rickards, Omnis.

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Matt Hodges
on 11/11/2010 - read this comment
@ Frank: I work for a correspondent lender who orders appraisals on a rotatating basis amongst our approved appraiser list. We can not cover every marketplace so an LSI might be used periodically, but...
Dean Gorenflo
on 11/11/2010 - read this comment
I think the disconnect here is over lock to close vs. application to close. Thirty days is more than enough time if the 4506-T/appraisal/title and all supporting docs are in. If you are counting from application...
Amy Tierce
on 11/11/2010 - read this comment
I am requiring out team to lock refinances for 60 days and build in a possible extension, in the greater Boston area with high home values and loan amounts refinances are fast and furious processing high...
jdr
on 11/11/2010 - read this comment
It's not the wrong lender. it's the wrong state! Here in metro NY, it's risky to do a 45-day lock, and some lenders will only accept 60-day locks! And, I echo what's been said since HVCC...
Recent Comments
Loan Scenario: WA, $130,000, 740, 76% LTV, Refinance (Rate and Term)
Loan Scenario: CA, $200,000, 622, 100% LTV, Purchase
Mortgage Modification Over Market Value
Loan Scenario: NM, $392,000, 650, 96% LTV, Purchase
Loan Interest Eliminator??
Forum Discussions

Mortgage News Daily


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