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Arch to Buy PMI Assets in $300 Million Mortgage Wager
Posted to: Around The Web
Friday, February 08, 2013 4:17 AM

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Arch to Buy PMI Assets in $300 Million Mortgage Wager Bloomberg Arch Capital Group Ltd., the Bermuda- based insurer, said it's adding assets from bankrupt insurer PMI Group Inc. in a $300 million deal to enter the U.S. mortgage guaranty business as the housing market rebounds. Arch is acquiring CMG Mortgage ... and more »

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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
  • |
  • Jumbo 30 Year Fixed 3.78%
MBS Prices:
  • 30YR FNMA 4.5 107-07 (0-06)
  • |
  • 30YR FNMA 5.0 108-00 (0-04)
  • |
  • 30YR FNMA 5.5 108-14 (0-01)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
  • |
  • Refinance Index 2.80%
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