New mortgage activity inched higher this past week with jumbo loans leading the gain. The boost in jumbo business was fueled by a drop in the spread between jumbo and conforming pricing. Demand for government-insured loans and adjustable-rate mortgages, however, turned lower. A sudden surge in long-term Treasury yields today points to higher mortgage rates [...]
Posts Tagged ‘Treasury’
More Business Management Tips:
Ready to Apply? Find Lenders Looking for New Deals
Business Tips & News:
Jumbo Business Leads Rise in New Activity
July 29th, 2012 
davidguide 
Posted in Business Loans 
Tags: adjustable rate mortgages, Business, demand, drop, loan inquiries, Mortech, Mortgage, mortgage activity, percent, Treasury, treasury yields 
Comments Off10-Year Yield Trading Below Record Low
May 30th, 2012 davidguide The European debt crisis is taking its toll on the U.S. stock market and sovereign debt yields. But it also has the yield on the 10-year Treasury note lower than any close on record — creating more opportunity for U.S. mortgage originators. The 10-year yield closed at 1.70 percent on May 17 — its lowest [...]
Posted in Business Loans Tags: Below, debt, department of the treasury, federal reserve board, Low, mortgage originators, percent, trading, Treasury, u s stock market, year treasury note Comments OffRates Increase But Might Retreat
January 27th, 2012 davidguide The average 30-year fixed-rate mortgage this week climbed 10 basis points from the previous week. A 7-basis-point elevation was recorded for the average 15-year mortgage. But rates could see-saw and wind up around 10 BPS lower in next week’s report based on an analysis of data from the Department of the Treasury. View full post [...]
Posted in Business Loans Tags: 30 year fixed rate, 30 year fixed rate mortgage, basis, department of the treasury, elevation, fixed rate mortgage, post, Retreat, Treasury, wind, year fixed rate mortgage Comments OffLow Rates Could Fall More
November 24th, 2011 davidguide The average 30-year mortgage moved up a basis point from last week. It was the same story for the 15-year mortgage. An analysis of Treasury market data suggests that the 30-year could be around 8 BPS better in next week’s report. View full post on Mortgage Stories
Posted in Business Loans Tags: basis, basis point, BP's, fall, Low, post, Treasury, treasury market, year mortgage Comments OffExpected Bailout Costs Lowered for Fannie, Freddie
October 27th, 2011 davidguide The Federal Housing Finance Agency projected a year ago that draws under Fannie Mae’s and Freddie Mac’s stock purchase agreements with the Department of the Treasury could reach as much as $363 billion by 2013. But a new report from the regulator estimates that Treasury draws will likely only reach a maximum of $311 billion [...]
Posted in Business Loans Tags: department of the treasury, Expected, Fannie, fannie freddie, fannie mae, finance, Housing, housing finance agency, Regulator, stock purchase, Treasury Comments OffRefis Ups, Rates Down but Headed Higher
September 17th, 2011 davidguide Loan inquiries for refinances rose 9 percent for the week in the U.S. Mortgage Market Index report. The conforming 30-year fixed-rate mortgage averaged 4.23 percent this week versus 4.24 percent in the prior report. It looks like the 30-year will be worse in the next Mortgage Market Index report based on movement in the 10-year [...]
Posted in Business Loans Tags: fixed rate mortgage, loan inquiries, Mortgage, mortgage market, percent, post, Refis, Treasury, UPS, ups rates, year fixed rate mortgage Comments OffAgency MBS Investments by Treasury Prove Profitable
July 7th, 2011 davidguide The Department of the Treasury spent $225 billion to buy agency mortgage-backed securities to help stabilize the housing market during the Great Recession. Since launching an effort to cut its holdings, the department has recovered about 65 percent so far. “Based on current market conditions, Treasury expects to make a profit for taxpayers on this [...]
Posted in Business Loans Tags: assistant secretary, current market, Department, department of the treasury, Housing, housing market, investments, mortgage backed securities, percent, Profit, Treasury Comments OffCOFI, 1-yr Treasury Improve in 2010
February 1st, 2011 davidguide The Cost of Funds Index was 32 basis points better on Dec. 31, 2010, than a year earlier, the Federal Home Loan Bank of San Francisco reported. A more moderate 18-basis-point improvement was recorded for the one-year Treasury yield during the same period, based on Department of the Treasury data. During just December, COFI was [...]
Posted in Business Loans Tags: bank, basis, COFI, federal home loan bank, federal home loan bank of san francisco, Funds, home, home loan bank, Treasury, treasury data, yr treasury Comments OffRates Might Relent
January 28th, 2011 davidguide The average 30-year fixed-rate mortgage increased 6 basis points in Freddie Mac’s weekly survey. Since a week earlier, the yield on the 10-year Treasury has fallen, according to data from the Department of the Treasury. Given the rise in the 30-year loan, mortgage rates are likely to be around 10 BPS better in next week’s [...]
Posted in Business Loans Tags: 10 year treasury, 30 year fixed rate, 30 year fixed rate mortgage, basis, fixed rate mortgage, Mortgage, post, Rates, Treasury, year fixed rate mortgage, yield Comments Off30-Year Above 4.7%
December 8th, 2010 davidguide During trading Wednesday, the yield on the 10-year Treasury was 14 basis points higher than at the Tuesday’s close. Based on an analysis of Treasury activity, the 30-year fixed-rate mortgage is likely to climb to around 4.75 percent in Freddie Mac’s survey this week. Looking at wholesale pricing at par, the 30-year is priced at [...]
Posted in Business Loans Tags: 30 year fixed rate mortgage, 30Year, 4.7%, Above, Dallas, dallas view, fixed rate mortgage, Mortgage, percent, Pricing, residence in dallas, trading, Treasury, year, year fixed rate mortgage Comments Off
