Treasury yields are lower for a third day, after the Commerce Department said home builders broke ground on fewer homes in July and wholesale prices jumped more than economists expected
- FNMA 30 yr Mortgage Backed Securities DOWN 1.9 basis points* to 6.266%
- 10 Year Treasuries unchanged at 3.81%
- DJI Stocks are down 121 in early trading.
- Crude Oil down to 112.57 a barrel.
Links to additional industry news.
- Reverse Mortgage Broker Fee in Dispute
- 2008 Housing Bill eliminates 25% Fee to Brokers Not approved by FHA
- 10 Ways to Avoid A Closing Nightmare
- An easy list that will make your life easier
- DPA May Not Be Dead!
- New Bipartisan Legislation Introduced
- $7,500 First Time Buyer Tax Credit
- Up to $7,500 can be borrowed from IRS
*A Basis Point is 1/100 of a percent.
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