Bill Ladewig's PM Market Brief

Mortgage and Lending NMLS 291249

Becember 29, 2008, 3:00 PM PST
Fannie Mae Mortgage Backed Securities (MBS) Down 6.10 basis points (bps) to 4.4701%
FHA Wholesale Rates were Down 20.2 bps from 5.252 on Friday to 5.050%
*A Basis Point (bps) is 1/100 of 1.00%

Mortgage Backed Securities remain in historically oversold territory placing the odds of rates continuing in an upward direction for the week at 80%

DJI Stocks Down 31.62 -0.37%
European and Asian Markets Up 0.61%

10 Year Treasury is currently 2.10% Down from 2.17% Friday

Crude Oil Currently $40.02 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 Homeowners
Program details  for homeowners in trouble

100% Financing at 5.50%
Through CalHFA Community Stabilization on Selected homes throughout California.
Click for list of homes and program information

How To Apply For $7,500 First Time Buyer Tax Credit
Up to $7,500 can be borrowed from IRS

10 Ways to Avoid A Closing Nightmare
An easy list that will make your life easier

Current Market and Lending Updates


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Mortgage / Finance
California Los Angeles County
Everything California
RE/MAX Active Rain Bloggers
Keller Williams 'Rainers
mortgage calculator
fannie mae
fha expert
va mortgage calculator
mip calculator
va funding fee calculator
fha calculator

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Bill Ladewig

Experience Is Your Advantage
Need Fast Answers?
Spam prevention

Additional Information