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Mortgage News Daily

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Low Downpayment Loans Fuel Home Buyer Demand
Posted to: Daily Newsletter
Wednesday, April 28, 2010 5:51 PM

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
No surprises in this data. Purchase apps continue to trend higher as the April 30th tax credit deadline fast approaches. Slowly falling refinance demand... - MND NewsWire
As expected, the Fed made no mention of selling their mortgage-backed securities portfolio, the "extended period" verbiage was left in place... - MND NewsWire
Mortgage rates are improved from yesterday morning but higher than they were after lenders repriced for the better yesterday afternoon. It appears the... - Mortgage Rate Watch
MBS Quotes
FNMA 4.0 97-07 -0-12
FNMA 4.5 100-12 -0-09
FNMA 5.0 103-07 -0-07
FNMA 5.5 105-08 -0-02
FNMA 6.0 106-24 -0-02
Updated: 4/28/10 4:29 PM
Treasuries
3 MO 0.1600 0.0000
2 YR 1.0300 0.0000
5 YR 2.5300 0.0700
10 YR 3.8000 0.0900
30 YR 4.6300 0.0700
Updated: 4/28/10 5:40 PM
Mortgage Rates
30 Yr FRM 4.99 0.03
15 Yr FRM 4.33 0.02
FHA 30 Year 5.14 0.03
Jumbo 30 Year 6.56 0.02
5/1 Yr ARM 4.06 0.01
Updated: 4/28/10 5:08 PM
Latest Video      
View:All Videos
Goolsbee Talks FinReg & Goldman
4/28/2010
Discussing financial regulation and the Goldman Sachs hearings, with Austan Goolsbee, Council of Economic advisers members.
Fed Pledges to Keep Low Rates for ‘Extended Period’: Video
4/28/2010
April 28 (Bloomberg) -- The Federal Reserve restated its intention to keep the benchmark interest rate near zero for an “extended period” and said the...
Euro Slides Near 1-Year Low vs Dollar
4/28/2010
04/28/10 The euro took a deep dive this session following continued concerns over the ailing Greek economy.

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Recent Comments
Ray J
on 4/28/2010 - read this comment
AQ, prepare for the worst, hope for the best and play the range in the meantime.
Adam Quinones
on 4/28/2010 - read this comment
I feel like this entire EU outbreak was avoidable...if the EU and IMF had acted swiftly like Ben Bernanke did domestically. But they didnt...instead they let news turn to rumor and hearsay, all the way...
Jason Wilborn
on 4/28/2010 - read this comment
Hey AQ, Interesting comment about the guns and ammo. I would like to say, however, that I have been mentioning Greek, Portugal, Spain and other non-solvent EU countries for weeks now. Just because you...
Edgar
on 4/28/2010 - read this comment
I'll be the first to admit-I know next to nothing about securities law. And I'll be the first to admit that there is a ton to the GS case that I don't know about. However if I was providing...

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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.82%
  • |
  • 15 Yr FRM 3.09%
  • |
  • Jumbo 30 Year Fixed 4.12%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (0-02)
  • |
  • 30YR FNMA 5.0 108-10 (0-02)
  • |
  • 30YR FNMA 5.5 109-01 (0-02)
Recent Housing Data:
  • Mortgage Apps 9.18%
  • |
  • Refinance Index 12.97%
  • |
  • Purchase Index -2.38%
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