Mortgage Rates ended the day where they started

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Mortgage and Lending with Wisconsin Home Lending, Inc.

Not much to report - 6.0% Fannie MBS down 12 bps on the day.  Minimal changes from lenders today.  Tomorrow should be interesting.

I only wrote this report because I promised earlier today that I would give an update, and I'm a man of my word.  Things are going to be a little nuts for a while longer, until the government sorts out this mess that they partially created.

Maybe I should start a new bank and begin to fix this crisis myself.

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Rainer
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Nathan Diones
Regioncy Real Estate - Redlands, CA

Well that's not too surprising. Thanks for sharing.

Jul 15, 2008 10:16 AM #1
Rainmaker
85,101
Emerald Coast Realty
Emerald Coast Realty - Pensacola, FL
Realtors

Can you tell me why Fannie Mae stock has plummeted almost 90% in 9 months?

Jul 15, 2008 11:08 AM #2
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Rainer
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Jeffrey Stoub

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