Monday October 28, 2013
MND NewsWire - 10:16AM
Contracts for home purchases declined for the fourth consecutive month the National Association of Realtors® (NAR) said today. NAR's Pending Home Sales Index fell 5.6 percent to ...
MND NewsWire - 1:35PM
Home prices ticked up a modest 0.4 percent in August Lender Processing Services (LPS) said today. The company's Home Price Index (HPI) based on the months residential real estate transactions ...
MND NewsWire - 3:19PM
The acting director of the Federal Housing Finance Agency (FHFA) discussed the future of the government sponsored enterprises Freddie Mac and Fannie Mae (the GSEs) on Monday, focusing ...
MND NewsWire - 12:07PM
Access to the credit needed to drive this economy is being stifled by government decisions that are an overreaction to events of five years ago, David H. Stevens said today. In an effort ...
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"That was a very interesting post. I thought it would have been the other way around LOL!!!..."
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"how isn't that program considered discriminatory..."
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"same could said for VA loans...right?..."
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"maybe, but that is a added benefit to serving the country..."
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"don't get me wrong, I get it...but there are several loan programs that are demographic specific. The doctor programs happen to be one, just like VA...."
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"discrimination is only a factor for race, color, age, etc. A lender could choose to make loans to astronauts if they want...."
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Today's Rates
30 Yr FRM
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4.11%
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+0.01
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15 Yr FRM
|
3.27%
|
+0.01
|
FHA 30 Year Fixed
|
3.80%
|
-0.01
|
Jumbo 30 Year Fixed
|
4.11%
|
+0.00
|
5/1 Yr ARM
|
3.11%
|
-0.01
|
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Average Mortgage Rates
15 Yr. Fixed
|
3.62%
|
1.06
|
+0.18
|
30 Yr. Fixed
|
4.49%
|
1.21
|
+0.22
|
30 Yr. Fixed
|
4.39%
|
0.41
|
-0.07
|
15 Yr. Fixed
|
3.51%
|
0.30
|
-0.02
|
30 Yr. Jumbo
|
4.43%
|
0.26
|
-0.08
|
30 Yr. FHA
|
4.15%
|
0.27
|
-0.01
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5/1 ARM
|
3.25%
|
0.26
|
+0.00
|
30 Yr. Fixed
|
4.13%
|
0.80
|
-0.15
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15 Yr. Fixed
|
3.24%
|
0.60
|
-0.09
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1 Yr. ARM
|
2.60%
|
0.50
|
-0.03
|
5/1 Yr. ARM
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3.00%
|
0.40
|
-0.07
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* FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.
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Secondary Markets
30YR FNMA 3.0
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98-22
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-0-05
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30YR FNMA 3.5
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102-20
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-0-02
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30YR GNMA 3.0
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99-22
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-0-05
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30YR GNMA 3.5
|
103-23
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-0-02
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15YR FNMA 3.0
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103-27
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-0-02
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15YR FNMA 2.5
|
101-02
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-0-04
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2 YR
|
0.3072%
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+0.0042
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5 YR
|
1.2878%
|
+0.0081
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10 YR
|
2.5233%
|
+0.0145
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30 YR
|
3.6170%
|
+0.0180
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Prices as of: 10/28/2013 4:31PM EST
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