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How could FHA have contributed to the housing bust?
Posted to: Around The Web
Friday, February 22, 2013 10:00 AM

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FHA and HUD led the race to the bottom of loose lending practices--lowest downpayments, lowest credit history requirements, and highest total debt-to-income ratios.

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Mortgage Rates:
  • 30 Yr FRM 3.70%
  • |
  • 15 Yr FRM 2.86%
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  • Jumbo 30 Year Fixed 3.79%
MBS Prices:
  • 30YR FNMA 4.5 107-01 (-0-02)
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  • 30YR FNMA 5.0 107-28 (-0-01)
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  • 30YR FNMA 5.5 108-13 (-0-02)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
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  • Mortgage Apps 1.81%
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  • Refinance Index 2.80%
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