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July Existing Home Sales: Recap and Charts
Posted to: Daily Newsletter
Tuesday, August 24, 2010 5:39 PM

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Home Today's Headlines ATW Forums Q&A Mortgage Rates  
Top Stories      
Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National... - MND NewsWire
Homeownership: Deed of Trust vs. Mortgage; The Definition of "Loan Originator"; New FHA Jumbo FICO Floors; HOA Certs; Revised DTI Regs - Pipeline Press
The bond market must have seen this coming because interest rates were already in full on rally mode before the data was released. Although the 10 year... - Mortgage Rate Watch
MBS Quotes
FNMA 4.0 102-29 0-09
FNMA 4.5 104-16 0-04
FNMA 5.0 105-27 0-02
FNMA 5.5 106-20 -0-01
FNMA 6.0 107-13 -0-03
Updated: 8/24/10 4:41 PM
Treasuries
3 MO 0.1450 -0.0051
2 YR 0.4623 -0.0164
5 YR 1.3167 -0.0945
10 YR 2.4880 -0.1102
30 YR 3.5605 -0.1013
Updated: 8/24/10 5:15 PM
Mortgage Rates
30 Yr FRM 4.31 -0.02
15 Yr FRM 3.74 -0.01
FHA 30 Year 4.40 -0.01
Jumbo 30 Year 5.58 -0.01
5/1 Yr ARM 3.45 -0.01
Updated: 8/24/10 5:19 PM
Latest Video      
View:All Videos
Rosen Says U.S. Housing Market Looks `Abysmal': Video
8/24/2010
Aug. 24 (Bloomberg) -- Jeffrey Rosen, an economist at Briefing.com, talks with Bloomberg's Melissa Long about the U.S. housing market. Sales of existing...
PNC's Dye Says U.S. Home Prices May Fall Another 5%-10%: Video
8/24/2010
Aug. 24 (Bloomberg) -- Robert Dye, senior economist at PNC Financial Services Group Inc., talks with Bloomberg's Mark Crumpton about July U.S. existing...
Brusuelas Says Unemployment Rate Hurting Home Prices: Video
8/24/2010
Aug. 24 (Bloomberg) -- Bloomberg economist Joseph Brusuelas discusses today's release of July existing home sales figures, which plunged 27.2 percent...

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Recent Comments
JTB
on 8/24/2010 - read this comment
Larry and Ray--There are some homes, due the loans, that just won't short sale. One simple explanation, would be MI. If the bank stands to receive more from an MI pay out via foreclosure than a short...
Larry Gray
on 8/24/2010 - read this comment
One thing that surprised me this summer is in regards to an offer on an ideal 2nd home/vacation home my wife and I put in, and the counter we got on a short sale. We made our offer at close to $70,000...
Adam Quinones
on 8/24/2010 - read this comment
Doubtful Jeff. I am sure lock desks just want to fill those 4.0 MBS coupon buckets they committed to delivery last week. Lower rates hurts pull-through. I bet we see some extra juice in loan pricing this...
Jeff Anderson
on 8/24/2010 - read this comment
Eeessshhhhhhhhh. Not a good number. At what point do you think a bottom is formed? Also, you had put in a post a few days ago " Unless long term 2.548% resistance is broken in 10s and 3.5s trade over...

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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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