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Mortgage and Lending - LoanOfficerSchool.com - NMLS 291249

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2009 

January 12, 2009, 1:15 PM PSTFannie Mae Mortgage Backed Securities (MBS) Down 4.4 basis points (bps) to 4.144%*A Basis Point (bps) is 1/100 of 1.00% National Average Fixed Rate Mortgage  Down 1.0 basis points to 5.08% on 01-09-09 LOCKMortgage Backed Securities are in a nuetral zone where the odds...
01/12/2009
January 12, 2009, 8:25 AM PSTFannie Mae Mortgage Backed Securities (MBS) Down 4.4 basis points (bps) to 4.144%*A Basis Point (bps) is 1/100 of 1.00% National Average Fixed Rate Mortgage  Down 1.0 basis points to 5.08% 01-09-09 LOCKMortgage Backed Securities are in a nuetral zone where the odds ar...
01/12/2009
January 9, 2009, 1:15 PM PSTFannie Mae Mortgage Backed Securities (MBS) Up 1.9 basis points (bps) to 4.188%*A Basis Point (bps) is 1/100 of 1.00% National Average Fixed Rate Mortgage  Down 2.0 basis points to 5.09% 01-08-09 LOCKMortgage Backed Securities are in a nuetral zone where the odds are a...
01/09/2009
January 9, 2009, 10:00 AM PSTFannie Mae Mortgage Backed Securities (MBS) Up 1.9 basis points (bps) to 4.188%*A Basis Point (bps) is 1/100 of 1.00% National Average Fixed Rate Mortgage  Down 2.0 basis points to 5.09% 01-08-09 LOCKMortgage Backed Securities are in a nuetral zone where the odds are ...
01/09/2009
January 8, 2009, 1:30 PM PSTFannie Mae Mortgage Backed Securities (MBS) Down 1.4 basis points (bps) to 4.169%*A Basis Point (bps) is 1/100 of 1.00% National Average Fixed Rate Mortgage  Down 2.0 basis points to 5.09% LOCKMortgage Backed Securities are in a nuetral zone where the odds are about eq...
01/08/2009
January 8, 2009, 8:00 AM PSTFannie Mae Mortgage Backed Securities (MBS) Down 1.4 basis points (bps) to 4.169%*A Basis Point (bps) is 1/100 of 1.00% LOCKMortgage Backed Securities are in a nuetral zone where the odds are about equal they could continue either up or down.  If you feel lucky float b...
01/08/2009
January 7, 2009, 10:00 AM PSTFannie Mae Mortgage Backed Securities (MBS) Down 32.4 basis points (bps) to 4.183%*A Basis Point (bps) is 1/100 of 1.00% LOCKMortgage Backed Securities are in a nuetral zone where the odds are about equal they could continue either up or down.  If you feel lucky float...
01/07/2009
January 6, 2009, 8:30 AM PSTFannie Mae Mortgage Backed Securities (MBS) Down 14.5 basis points (bps) to 4.507%Monday, FHA Wholesale Rates were down 7.7 bps to 5.049%*A Basis Point (bps) is 1/100 of 1.00% LOCKMortgage Backed Securities are in a nuetral zone where the odds are about equal they coul...
01/06/2009
January 2, 2009, 2:30 PM PSTFannie Mae Mortgage Backed Securities (MBS) Up 2 basis points (bps) to 4.488%FHA Wholesale Rates are Up bps to 5.129%*A Basis Point (bps) is 1/100 of 1.00% LOCKMortgage Backed Securities are approaching a nuetral zone where the odds are about equal they could continue ...
01/02/2009
2 Comments
Rates and Points A point is one percent of the loan amount.  Most lenders offer a range rates and points and their rates are provided in 0.125% increments each with a different point charge or credit.  Higher rates provide credit points (rebate) and lower rates require increasing points (discount...
01/01/2009
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Bill Ladewig

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