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NAR: Restarting Mortgage Finance, Step 1
Posted to: Around The Web
Monday, February 11, 2013 7:18 AM

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Recently the Consumer Financial Protection Bureau (CFPB) released a much anticipated rule that finally gets the ball rolling on reform of the mortgage finance industry. Investors fled the market following the housing bust, reducing the flow of financing to borrowers. Likewise, many homebuyers were sold mortgage products that were untenable, resulting in damaged credit and [...]

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Mortgage Rates:
  • 30 Yr FRM 3.81%
  • |
  • 15 Yr FRM 2.97%
  • |
  • Jumbo 30 Year Fixed 3.92%
MBS Prices:
  • 30YR FNMA 4.5 107-07 (0-01)
  • |
  • 30YR FNMA 5.0 108-03 (0-00)
  • |
  • 30YR FNMA 5.5 108-14 (0-00)
Recent Housing Data:
  • Mortgage Apps -9.77%
  • |
  • Refinance Index -11.66%
  • |
  • NAHB Builder Confidence 4.76%
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