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Interest Rate Markets News
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Mortgage Applications Slightly Increase In Latest MBA Weekly Survey Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 08/06/2008
Mortgage Credit News - August 1, 2008 Mortgage rates are back down to 6.50% (low-fee), taken by sudden understanding that the economy probably passed its high point for the year in June. Boulder Mortgage Bank,Lou Barnes,Boulder Colorado 08/04/2008
Pending Suitability Regulations Leave Mortgage Lenders Exposed to Potential Violations Current and proposed regulations require lenders to select loans that are suitable to borrowers and watch out for their best interest Overture Technologies,Pete Maselli,Bethesda Maryland 07/30/2008
Second Half 2007 Mortgage Originations Show Preference for Fixed Rate Products Over Adjustable Rate Products Mortgage Bankers Association of America,Jason Vasquez,Washington District of Columbia 07/30/2008
Mortgage Applications Decrease In Latest MBA Weekly Survey The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 25, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 420.8, a decrease of 14.1 percent on a seasonally adjusted basis from 489.6 one week earlier. On an unadjusted basis, the Index decreased 13.7 percent compared with the previous week and was down 30.3 percent compared with the same week one year earlier. Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/30/2008
Fannie Mae and Freddie Mac: A Fall From Grace "The recent collapse in the stock prices of Fannie Mae and Freddie Mac is just one in a series of blows to the stability of U.S. financial markets. The threat created by the failure of these two institutions, however, could be even greater than that posed by the collapse of Bear Stearns earlier in the year," says Adolfo Laurenti, senior economist of Mesirow Financial, in his July issue of Themes on the Global Markets available at: http://www.mesirowfinancial.com/economics/laurenti/themes/globalmkts_0708.pdf. Mesirow Financial,Info,Chicago IL 07/25/2008
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