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Dec
27
2012
Mortgage Forgiveness Act in Jeopardy? New Home Sales Up 15.3% Over Last Year
Dec 27, 2012 9:57AM Mortgage Forgiveness Act in Jeopardy? Hiring and Retaining Employees the CFPB Way Okay, so here's something entirely un-mortgage related - productivity this week stinks anyway. The...
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Dec
26
2012
Case-Shiller Shows Home Prices Up 4.3%; LO Education Bank vs. Non-Bank
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Dec
20
2012
Are Non-agency Loan Modifications Coming? Treasury Initiative Rumore
Dec 20, 2012 10:36AM Are Non-agency Loan Mods Coming? Treasury Initiative Rumored; FHA Letter Threatens Standard Reverse Mortgages Well, here is some interesting news for taxpayers, as if we don't have...
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Dec
19
2012
Future Housing Policy Should Consider More than Just FHA's Balance Sheet
Dec 19, 2012 2:15PM Future Housing Policy Should Consider More than Just FHA's Balance Sheet The authors of a study just released by the University of North Carolina's Center for Community Capital suggest...
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Dec
18
2012
House Members Seek FHA Financial Documents; Refis to Fall 26% in 2013; Rates Move Higher
Dec 18, 2012 5:10PM House Members Seek FHA Financial Documentation in Letter to HUD's Donovan Apparently fearful of another bail out, six Republican members of the House Financial Services Committee sent...
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Dec
17
2012
JP Morgan Sued Over $3.6B in MBS; Servicing Retained or Released?
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Dec
14
2012
BofA CEO: Private Investment Returning To Mortgage Market Is A Certainty
Dec 14, 2012 1:14PM Bank of America CEO: Private Investment Returning To Mortgage Market Is A Certainty Brian Moynihan, Bank of America's chief executive officer, said that everyone involved in the housing...
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Dec
13
2012
Mortgage Profits Rise Over $300 Per Loan; Mozilo Defends Countrywide
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Dec
12
2012
Mortgage Rates Move Higher Following Fed Announcement
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Dec
11
2012
GSE Reform's Dire Consequences for Renters; Principal Reduction and Fiscal Cliff
Dec 11, 2012 4:19PM GSE Reform Could Have Dire Unintended Consequences for Renters Rental housing is a growing crisis according to the Center for American Progress, but policymakers have made it "an afterthought...
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Dec
10
2012
DeMarco Replacement Rumors; GSE Executive Pay; Seller Optimism on the Rise
Dec 10, 2012 3:30PM FHFA's DeMarco to be Replaced Early Next Year: WSJ The Wall Street Journal is reporting that the Obama Administration is planning to name a permanent Director of the Federal Housing...
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Dec
07
2012
Think Tank Recommends Reducing Mortgage Interest Deduction
Dec 7, 2012 12:26PM Think Tank Recommends Reducing Mortgage Interest Deduction The Brookings Institution has published two articles on tax reform, one of which should be of particular interest to MND readers...
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Dec
06
2012
What Role Will the Government Play in a Reformed Housing Market?
Dec 6, 2012 3:17PM What Role Will the Government Play in a Reformed Housing Market? Edward J. DeMarco , Acting Director of the Federal Housing Finance Agency, told members of SIFMA this afternoon that...
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Dec
05
2012
Mortgage Rates Approaching All-Time Lows
Dec 5, 2012 3:47PM Mortgage Rates Approaching All-Time Lows Mortgage rates were slightly lower again on Wednesday. Even though the day to day movements have been small, that gets us as close as we've been...
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Dec
04
2012
The Importance of IT; Fed Notices Lousy Rate Sheet Pricing; "High Cost" Clarification
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View More at the Market Data Center
Mortgage Rates:
30 Yr FRM 4.55%
|
15 Yr FRM 3.57%
|
Jumbo 30 Year Fixed 4.49%
MBS Prices:
30YR FNMA 4.5 106-24
(0-12)
|
30YR FNMA 5.0 109-03
(0-13)
|
30YR FNMA 5.5 110-03
(0-17)
Recent Housing Data:
Mortgage Apps
-12.79%
|
Refinance Index
-17.53%
|
Purchase Index
-4.11%
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