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Mortgage News Daily

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December Housing Scorecard; Wells Record Income; QM's 804 Pages
Posted to: Daily Newsletter
Friday, January 11, 2013 4:50 PM

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Jan 11, 2013 4:36PM

December Housing Scorecard Points to Improving Home Equity and Prices

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration's Housing Scorecard . The Scorecard is a summary of housing data from various sources such as the S&P/Case-Shiller house price indices, the National Association of Realtors® existing home sales report, Census data, and RealtyTrac foreclosure information. Most of the information has already been covered by MND. The report pointed...

Jan 11, 2013 3:25PM

Mortgage Rates Eke Out Minor Improvements After Late-Day Reversal

Mortgage rates were essentially unchanged Today. On average, rates were slightly higher to begin the day, but an afternoon reversal in bond markets was sufficiently strong to prompt many lenders to release positively revised rate sheets. That tipped the scales back toward a slight improvement on the day with Best-Execution for 30yr Fixed, Conventional loans continuing to hold in the 3.375% to 3.5% range. ( Read More:What is A Best-Execution Mortgage Rate? ) With respect to rate sheet offerings from...


Micro News

2:16 PM:

Treasury Rally Continues. MBS Catching Some Benefit

1:03 PM:

MBS Turn Green As Bond Market Hold Ground

10:01 AM:

Another Friday, Another Nauseating Sell-Off In The Morning

8:50 AM:

ECON: Import/Export Prices Roughly In Line With Expectations

8:43 AM:

ECON: Trade Gap Wider Than Expected in November

4:14 PM:

Treading Water At Weaker Levels Into The Close

3:10 PM:

Brief Pull-Back On Bullard Comments. FOMC Shell-Shock Persists

1:34 PM:

Moderately Strong 30yr Auction Lifts Bonds To Best Levels

Around the Web

Video News

Timothy Geithner's Next Move

Wells Fargo Gets Pinched

Plosser Says Fed Pursuing `Risky Monetary Policy'


Today's Comments

Frank Ceizyk

"I wish we could get more details of the "excessively tight underwriting" Mr. Yun mentions that is stopping buyers who have 20% to put down, and..."

Frank Ceizyk

"The story is no longer about exceptions to the rule, but about the growing breadth of the housing recovery even as overly strict mortgage requirements..."

Judy Holland

"Great information!"

Today's Q&A

" first mortgage & second mortgage on same property"

" receive the house but need to transfer the title in my name. what do i need to do?"

"Who can I contact about the bank Robo-Signing my loan papers? "


View Newsletter: http://www.mortgagenewsdaily.com/channels/newsletter/291088.aspx

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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.26%
  • |
  • 15 Yr FRM 3.41%
  • |
  • Jumbo 30 Year Fixed 4.11%
MBS Prices:
  • 30YR FNMA 4.5 107-13 (0-01)
  • |
  • 30YR FNMA 5.0 109-30 (0-02)
  • |
  • 30YR FNMA 5.5 111-06 (0-01)
Recent Housing Data:
  • Mortgage Apps -7.23%
  • |
  • Refinance Index -10.65%
  • |
  • FHFA Home Price Index 0.67%