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Bill Ladewig's PM Market Brief
January 13, 2009, 4:45 PM PSTFannie Mae Mortgage Backed Securities (MBS) Up 3.9 basis points (bps) to 4.182%*A Basis Point (bps) is 1/100 of 1.00%
National Average Fixed Rate Mortgage  Unchanged 0.0 basis points at 5.08% 01-12-09
Float with CautionMortgage Backed Securities are declining into an oversold territory from a nuetral zone where they have rested for the past week.
DJI Stocks Closed Down 25.31 -0.30%European and Asian Markets Down 1.76%
10 Year Treasury is currently 2.30% Down from 2.31
Crude Oil Currently $38.97 per barrel.
Click here for the ULTIMATE FHA-VA Loan Officer Trainer and Pre-Qualifier   Calculates everything you need to know about FHA and VA Loans.  Qualifies Borrowers, Finds Rates,: Payments, Buyer and Seller Costs and FHA and VA Maximum Loan Amounts anywhere in the country.
FHA Introduced HOPE For HomeownersProgram details  for homeowners in trouble
How To Apply For $7,500 First Time Buyer Tax CreditUp to $7,500 can be borrowed from IRS
10 Ways to Avoid A Closing NightmareAn easy list that will make your life easier
Current Market and Lending Updates
... more

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