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	Mortgage And Real Estate News
	The Day Ahead: Empty Econ Calendar. Stocks Set to Slide at Open In line with weak global markets, US equities are looking to open lower this morning. Two hours before the bell sounds S&P 500 futures are down 8.2 points at 1,086 and the Dow is off 68 points to 10,259.\r\n\r\nFollowing the trend, commodity prices are...

	Fed MBS Purchases Focus on New Loan Production The Fed's weekly net MBS purchases totaled $16.00 billion, $2.5 more than the previous, holiday shortened week. The majority of Fed purchases were in 4.5 and 5.0 MBS coupons this week. These are called "production" or "current "...

	MBA Reports Record Delinquency Rates. Will Get Worse Before Improving The Mortgage Bankers Association reported that delinquency rates during the third quarter hit all time highs. Prime mortgages and FHA mortgages appear to be driving the increases while subprime loans problems may be leveling off.

	Freddie Mac: Record Low 15 Year Fixed Rate Mortgage Almost all short and long term mortgage interest rates fell during the most recent week with the 15-year FRM reported by Freddie Mac hitting an all-time low. Only Fannie's short term ARM increased during the week.

	The Day Ahead: Dollar Firms, Equities Retreat Before Jobless Claims, LEI, Philly... New 13-month peaks early in the week and now . . .hesitation. Ninety minutes before the opening bell, S&P 500 futures are off 10 points to 1,098 and Dow futures are 66 points lower at 10,338.\r\n\r\nWith equities taking a dip, other assets considered...

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