Tag Archives: Refinance

Market Snapshot

A better open today in the US bond and mortgage markets. Yesterday the 10 yr note ran to 2.40%, held and found a little support; last Oct. the 10 increased to 2.40% where it reversed and moved lower. As we … Continue reading

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The FHA Mortgage Insurance Conspiracy Theory

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‘HELP’ for Housing

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Significant FHA MI Improvement

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Market Snapshot

Europe’s stock markets weaker this morning leading to a very weak open in US equity markets. Increased concern today that Europe is moving back into recession more quickly than had been thought. The 17-nation euro-area economy shrank 0.3% in the … Continue reading

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Market Snapshot

Prior to 8:30 economic releases the US bond and mortgage markets were under selling pressure; the 10 yr note yield at 2.04% +6 bp frm yesterday’s close and MBS prices down 12/32 (.37 bp) frm the close yesterday. Stock indexes … Continue reading

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MBA Poised To Fix Industry

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HARP Breathes New Life Into Refinances

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The Disconnect Between FHA And Their Product!

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Market Snapshot (Mortgage)

  Treasuries opened flat this morning, mortgages however are doing better with talk that the Fed will possibly increase its purchases of MBSs. Federal Reserve Governor Daniel Tarullo said the central bank should consider resuming purchases of mortgage bonds to boost U.S. … Continue reading

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