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Thursday, August 26, 2010
Subject : Chicago Fed Explores Effectiveness of Home Buyer Counseling
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Chicago Fed Explores Effectiveness of Home Buyer Counseling
The President of the Chicago Federal Reserve told an audience on Tuesday that financial literacy played a role in the mortgage meltdown, but suggested... -
MND NewsWire
Markets Await Directional Guidance from Fed Chairman
If you've been reading along over the past week you know I've been calling for the recent interest rate rally to reverse course. Poor housing... -
MBS Commentary
Another Foul Housing Headline. Negative Feedback Loop in Progress
Three months after the home buyer tax credit expired, housing is stagnant. This should come as no surprise to folks working in the industry. Most prospective... -
MND NewsWire
USDA Rural Housing Issues Funding...
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MND NewsWire
Mortgage Rates Marginally Worse...
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Mortgage Rate Watch
HAMP's Political Intentions;More...
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Pipeline Press
7-Year Note Auction Met with Healthy...
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MBS Commentary
Originator Pay Practices at Call Center Mortgage Shops: Are You in Compliance?
Loan Demand Gets Boost from Recently...
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MND NewsWire
HAMP Fallout Quadruples; FHA Condo...
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Pipeline Press
July Existing Home Sales: Recap...
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MND NewsWire
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MBS Quotes
FNMA 4.0
103-05
0-09
FNMA 4.5
104-24
0-07
FNMA 5.0
106-02
0-04
FNMA 5.5
106-27
0-02
FNMA 6.0
107-18
-0-01
Updated: 8/26/10 4:46 PM
Treasuries
3 MO
0.1450
-0.0150
2 YR
0.5165
-0.0135
5 YR
1.3733
-0.0267
10 YR
2.4755
-0.0645
30 YR
3.5115
-0.0785
Updated: 8/26/10 5:08 PM
Mortgage Rates
30 Yr FRM
4.34
0.02
15 Yr FRM
3.75
0.02
FHA 30 Year
4.41
0.02
Jumbo 30 Year
5.56
0.00
5/1 Yr ARM
3.48
0.03
Updated: 8/26/10 4:35 PM
Latest Video
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Focus on Foreclosures
8/26/2010
Discussing the mixed bag of new housing data with Ted Wilson, of Residential Strategies; Steve Bottfeld, of Marketing Solutions; and CNBC's Diana Olick...
Fed Feeling the Heat
8/26/2010
Discussing whether Fed Chairman Bernanke can restore confidence in the market and the economy, with CNBC's Steve Liesman and Ethan Harris, of Bank...
Pulse of the Commercial Real Estate Market
8/26/2010
Checking the pulse of the all-important commercial real estate market, with Russel Bernard, of Westport Capital Partners.
Around The Web
CoreLogic: 11 Million U.S. Properties with Negative Equity in Q2
For Workers Who Find Jobs, Lower Wages
Ins, Outs of Jackson Hole Fed Meeting
Fewer Economists See Home Prices Gaining in 2010
Regional Fed Manufacturing Surveys and the ISM PMI
How An Even Slower Recovery Would Feel
As economy slows and Fed voices conflict, markets look to Bernanke for guidance
Equity in your home doesn't translate to net worth
S&P Says US Should Act to Protect AAA-Rating: Report
Quest for the perfect credit score
»View All Recent Articles
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Recent Comments
Bobby Downey
on 8/26/2010 -
read this comment
So we are expecting a pretty strong downward revision to GDP numbers tomorrow aren't we? Gotta think that is going to do us some good...... Thinking NFP on the 3rd is going to be a market mover......
Adam Quinones
on 8/26/2010 -
read this comment
Just back into the PANIC zone. We're not talking anything substantial here. Mortgage Rates will be resilient to rising benchmark rates.
Michael Gannon
on 8/26/2010 -
read this comment
where do you see rates going? Back towards 5% or just off this extremely low we are sitting at? Won't data that continues to be average to bad still keep us in this range through next spring? I dont...
lucy cantu
on 8/25/2010 -
read this comment
I'M READY FOR THE USDA RURAL HOUSING FUNDING.
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View More at the Market Data Center
Mortgage Rates:
30 Yr FRM 3.89%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.11%
MBS Prices:
30YR FNMA 4.5 106-20
(0-01)
|
30YR FNMA 5.0 108-00
(0-01)
|
30YR FNMA 5.5 108-28
(-0-05)
Recent Housing Data:
Mortgage Apps
-3.88%
|
Refinance Index
-7.28%
|
Purchase Index
3.12%
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