 |
| 30 Yr Fix |
6.01% |
-0.04% |
| 15 Yr Fix |
5.60% |
0.00% |
| 1 Yr ARM |
5.18% |
-0.11% |
| 5/1 ARM |
5.57% |
-0.10% |
| 30 Yr Tres |
4.58% |
-0.06% |
| Fed Prime |
5.00% |
-0.25% |
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DECEMBER 2007 MORTGAGE NEWS
Don't Be Afraid of the Big Bad Housing Market
Mon, 3 Dec 2007 09:36:26 EST
Look away from all the negative news surronding the housing and mortgage markets and you'll find that it may not be all bad news.
Treasury Secretary Outlines Foreclosure Rescue Plan
Tue, 4 Dec 2007 15:04:06 EST
While not all details are complete, Secretary of the Treasury Paulson sketches out some provisions of the foreclosure rescue program rumored to be in the works.
With Cerberus Sale Dead, Option One Will Close Down Originations
Wed, 5 Dec 2007 13:53:28 EST
HR Block has pronounced it will shut down most of Option One's operations.
Bush's Subprime Rescue Plan Coincides With Sobering Delinquency Report
Thu, 6 Dec 2007 15:25:53 EST
In the looming shadow of the latest delinquency survey President Bush confirms many details of his subprime rescue plan.
Up In ARMs - The Mortgage Bailout
Fri, 7 Dec 2007 07:59:06 EST
The proposed Big Freeze has some hot under the collar.
Rate Freeze Program Faces More Hurdles Than Just A Bad Phone Number
Mon, 10 Dec 2007 14:02:03 EST
Lots of problems possible as NEW HOPE Alliance prepared to initiate rate freeze for selected borrowers.
Washington Mutual Announces Major Layoffs and Closings
Tue, 11 Dec 2007 08:28:40 EST
Washington Mutual announced massive layoffs and office closings while it seeks to both raise and save a lot of cash.
Two Surveys Show Big Rate Moves In Opposite Directions
Thu, 13 Dec 2007 08:22:31 EST
Weekly Mortgage Survey
House Committee Votes On Mortgage Bankruptcy Bill
Thu, 13 Dec 2007 13:14:34 EST
House committee votes changes in bankruptcy code to help debtors stay in homes. With several flaws and public relations problems the bill faces stiff opposition in the full House.
FHA Loan Limits Raised By Senate
Mon, 17 Dec 2007 09:22:01 EST
Senate catches up with House and passes its version of FHA reform and votes to end tax penalties faced by foreclosed homeowners.
Federal Reserve Expected To Adopt New Mortgage Regulations
Tue, 18 Dec 2007 09:18:21 EST
Federal Reserve set to endorse rules for future loans that may curb lending abuses.
Housing Starts, Permits Fall Again But Builder Confidence Stabilizes
Tue, 18 Dec 2007 15:11:56 EST
Housing starts and permits hit 16 year low in latest Census/HUD report while NAHB sees builder's confidence as mixed.
Morgan Stanley Latest to Accept Foreign Aid
Wed, 19 Dec 2007 13:39:49 EST
Another big bank admits to massive mortgage losses.
Mortgage Rates Rise While Application Activity Plummets
Wed, 19 Dec 2007 13:56:03 EST
Weekly Mortgage Survey
Two Advocacy Groups Express Different Views on FRB Proposals
Thu, 20 Dec 2007 13:31:07 EST
Two partisans weigh in with different reactions to proposed Federal Reserve lending regulations.
Foreclosure Filing Up 68 Percent Since November 2006 Per RealtyTrac
Thu, 20 Dec 2007 13:43:13 EST
A review of RealtyTrac's latest foreclosure numbers.
Treasury Secretary Advocates GSE Assistance for High-End Borrowers
Thu, 20 Dec 2007 13:51:22 EST
Freddie Mac and Fannie Mae could be allowed to purchase "jumbo loans" per suggestions made by Treasury Secretary Paulson.
ARM Freeze Yields Solution To All World Problems
Fri, 21 Dec 2007 08:40:02 EST
Contributor Donna Robinson gives her view on the recent ARM Rate Freeze announcement.
Widely Regarded Housing Study Reports Further Home Price Declines
Wed, 26 Dec 2007 14:22:40 EST
Case-Shiller report confirms that home prices are still falling throughout much of the nation.
Mortgage Applications Slow While Rates Are Mixed
Thu, 27 Dec 2007 14:27:48 EST
Weekly Mortgage Survey
New Home Sales Drop Again But Prices Fairly Stable
Fri, 28 Dec 2007 12:25:44 EST
Builders are holding big inventories of unsold houses as new house sales continue to fade.
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