Are any of you looking for 2.5% 30 yr Agency MBS prices? MBSQuoteline now makes them available as part of its mortgage market information service. Not only can you see live MBS prices at any time during the day, you can see the path of price movement throughout the day. The prices are conveniently available… Read More »
Below is a collection of articles, news, and announcements associated with our industry.
We have received a few questions today about why mortgage-backed securities (MBS) prices do not show the same drop in prices as seen from the Fannie Mae window. The reason is that Fannie Mae, this morning, built into their whole loan prices an increase in their required guarantee fee (G-fee). Since G-fees are paid from… Read More »
On August 31st, FHFA announced another increase in the guarantee fee (G-fee) charged by Fannie Mae and Freddie Mac on the loans they insure. The amount of the increase is set to average 10 basis points, but the amount of the increase may vary by product and seller. The increase is to be effective on… Read More »
Economic troubles in Europe have helped mortgage rates move lower in recent months. One reason is that slower global economic growth reduces the risk of inflation, and inflation is negative for mortgage rates. The second reason is that investors have been concerned that the debt problems in Europe could spread to other countries and hurt… Read More »