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HUD Announces Plans for a New Reverse Mortgage Option
Posted to: Around The Web
Friday, September 03, 2010 1:21 PM

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On August 27, FHA announced its intention to make modifications to its Home Equity Conversion Mortgage (HECM) product, a reverse mortgage loan insured by the federal government, to make it more att read more

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Mortgage Rates:
  • 30 Yr FRM 3.89%
  • |
  • 15 Yr FRM 3.26%
  • |
  • Jumbo 30 Year Fixed 4.11%
MBS Prices:
  • 30YR FNMA 4.5 106-20 (0-01)
  • |
  • 30YR FNMA 5.0 108-00 (0-01)
  • |
  • 30YR FNMA 5.5 108-28 (-0-05)
Recent Housing Data:
  • Mortgage Apps 23.07%
  • |
  • Refinance Index 26.40%
  • |
  • Purchase Index 10.33%
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