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Dodd-Frank creates a bizarro world of housing finance
Posted to: Around The Web
Monday, February 04, 2013 5:01 AM

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In Superman comics there exists a Bizarro World where the inhabitants do the opposite of all things normal. For example, a salesman does a brisk trade selling Bizarro bonds: "Guaranteed to lose money for you".

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Mortgage Rates:
  • 30 Yr FRM 3.77%
  • |
  • 15 Yr FRM 2.93%
  • |
  • Jumbo 30 Year Fixed 3.88%
MBS Prices:
  • 30YR FNMA 4.5 107-04 (-0-03)
  • |
  • 30YR FNMA 5.0 107-30 (-0-03)
  • |
  • 30YR FNMA 5.5 108-13 (-0-01)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
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  • Refinance Index 2.80%
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