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Cheap Money Era That Saved US Housing Seen Bottoming
Posted to: Around The Web
Sunday, January 06, 2013 7:46 PM

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Cheap Money Era That Saved US Housing Seen Bottoming Businessweek The era of increasingly cheap money that fueled the housing recovery and record home-lending profits is showing signs of ending in the mortgage bond market. Fannie Mae-guaranteed 3 percent securities, which lenders use to price new loans, tumbled last ...

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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
  • |
  • Jumbo 30 Year Fixed 3.77%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (-0-06)
  • |
  • 30YR FNMA 5.0 107-29 (-0-04)
  • |
  • 30YR FNMA 5.5 108-15 (-0-03)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
  • |
  • Refinance Index 2.80%
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