Mortgage Rates March 25, 2009 – Oil Prices Are Climbing
Another calm day in the MBS market (FNMA 30 YR 4.5% 101.72) translated into a stable day in Mortgage Rates. SEE REAL TIME MORTGAGE RATES! Positive News for New Home Sales, February numbers reflected a 4.7% increase. On the down side prices are down year over year. Don’t look now but oil prices are...Mortgage Rates March 24, 2009 – “Because it’s a Poorly Posed Question”
Posted by yourmortgageplanner on Mar 24, 2009 in Featured Articles, FTHB, Mortgage Rates | 0 comments
Mortgage Rates remained unchanged today, even after a mid afternoon pullback in the FNMA 30 YR 4.5% which saw the MBS touch a low of 101.5625. REAL TIME MORTGAGE RATES!
Today we saw the AIG Hearing commence with the House Financial Services Committee question Fed Chairman Bernanke, Treasury Secretary...
Mortgage Rates March 2, 2009
Mortgage Rates February 27, 2009 Weekly Update
Posted by yourmortgageplanner on Feb 28, 2009 in Featured Articles, FTHB, Mortgage Rates | 0 comments
Another down week in the Mortgage Backed Security Market, the FNMA 30 YR 4.5% gave up 56bp, which is roughly .375% in Mortgage Rates.
The FED continued it MBS Purchase Program, acquiring $24.99BN this week. The total is now $160.33BN of the allocated $500BN. The program is set to run until this June. To...
Mortgage Rates February 18, 2009 – Thats It? This Is Going To Save The Housing Market
Posted by yourmortgageplanner on Feb 18, 2009 in Credit Crisis TARP, Economy, Mortgage Rates | 0 comments
Today Mortgage Rates ended where they started. Prior to Obama’s Foreclosure Plan speech MBS reached their worst, which I am confident, put lenders fingers on the trigger. During the speech the majority of the losses were recouped. Overall we did see a good amount of action in the MBS today, which...
