Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
# of User Comments

Send Article via Email

Can forward to 6 email addresses at a time. Register or Login

Registered users also get the additional advantage of Co-branded Emails and Landing Pages. Learn more about these features.

Your Name: 
Your Email: 
I want to forward this to
(Enter Email Address Below) :
Include a Personal Message (optional)

Please add 2 and 7 and type the answer here:
Leave this field blank.
Email Preview Below:
This feature is now 100% free. Learn More About Co-branded Email and our other Co-branded Services.
This email was sent to you by:
Anonymous |
Mortgage News Daily

Email alerts, such as this one, are a free service provided by Mortgage News Daily. If you would like to receive an alert when important news breaks please register to join our community.
Data Shows Continued Migration to 15yr Term; To be Frank
Posted to: Daily Newsletter
Tuesday, November 13, 2012 4:50 PM

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Nov 13, 2012 4:47PM

Freddie Mac Refi Data Shows Continued Migration To 15yr Term

Freddie Mac reported on Tuesday that nearly a third of the borrowers who refinanced their loans in the third quarter chose new loans with a shorter maturity. Twenty-nine percent of all refinancing borrowers chose a shorter term, but borrowers who refinanced through the Home Affordable Refinance Program ( HARP ) were actually less likely to shorten their loan term than other borrowers. Despite incentives to do so, only 25 percent of HARP borrowers chose to reduce the length of their mortgage compared...

Nov 12, 2012 6:47PM

To be Frank: Cowards Do That, And That Ain't You

"Now, if you know what you're worth, then go out and get what you're worth. But you gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of him, or her, or anybody. Cowards do that and that ain't you. You're better than that!" That quote never had an impact on me the first time I saw the last installment of the Rocky sequels. I came across it on a day I was searching the internet for something inspirational. Something to lift my spirits above the...

Micro News

4:08 PM:

Further Deterioration In Late Day, Light Liquidity

2:24 PM:

Budget Deficit Rises To $120 Billion In October

11:27 AM:

Negative Reprice Risk Increasing As MBS Hit Lows Of The Day

9:42 AM:

Bond Markets In Slightly Stronger Territory. MBS Drop Due To Roll

12:20 PM:

MBS Hit Lows Of The Day, Continuing Selling Trend Since The Open

10:26 AM:

ECON: Consumer Sentiment Highest in Five Years

10:09 AM:

ECON: Wholesale Inventories/Sales Both Stronger-Than-Expected

9:31 AM:

Bond Markets Stronger Overnight, Weaker Into Mid-Morning

Around the Web

Video News

Hovnanian: 'Fiscal Cliff' Putting Housing Recovery at Risk

Hovnanian Reveals the Hottest Housing Markets

Banks Left Out of Cliff Talks

Today's Comments

Bryan/Mortgage Finance Group, Inc.

"The elephant in the room is that all these regulations were designed to drive the independent broker/banker out of business so only the big banks (the..."

Jana Holmstrup

"Yes, we veterans don't blame - we press on. We deal with what we are dealt, we provide the best of what is available. But we must also fight for what..."

Ray J

""Responsibility is the price of freedom". If your personal philosophy revolves around service as it's core than than it's easier to have..."

Today's Q&A

"Refinancing an investment property I am moving back into"

"Can I get a mortgage loan if I am only employed for 1 year."

"How can a credit score just disappear?!"

View Newsletter:

If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.

Forward this email:  Send a copy of this story to someone you know that may want to read it.


More From MND

Mortgage Rates:
  • 30 Yr FRM 3.64%
  • |
  • 15 Yr FRM 2.93%
  • |
  • Jumbo 30 Year Fixed 3.60%
MBS Prices:
Recent Housing Data:
  • Mortgage Apps 10.03%
  • |
  • Refinance Index 11.33%
  • |
  • Purchase Index 8.43%