Wonkbook: Our last chance to stabilize the housing market

Wonkbook: Our last chance to stabilize the housing market
My colleagues Brady Dennis and Dina ElBoghdady got their hands on an early version of the settlement that the country’s attorney generals and a few federal agencies are hammering out with the big banks (http://wpo.st/Hkj2). This is the endgame to the mortgage servicing mess that dominated the [...]

30-Year Fixed Rate Down Slightly From Six-Month High Set Last Week; Current 30-Year Fixed Rate is 4.68, According to …

30-Year Fixed Rate Down Slightly From Six-Month High Set Last Week; Current 30-Year Fixed Rate is 4.68, According to …
10 a.m. Pacific–SEATTLE–The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.68 percent, down three basis points from 4.71 percent at this same time last week. The 30-year fixed mortgage rate peaked on Thursday [...]

Mortgage applications fall 1.5 percent last week

Mortgage applications fall 1.5 percent last week
WASHINGTON — Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades. The Mortgage Bankers Association says overall applications fell 1.
Read more on Contra Costa Times

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Read more on Austin American-Statesman

Mortgage applications nearly flat last week

Mortgage applications nearly flat last week
Applications for home loans were almost flat last week even though mortgage rates fell to the lowest level in decades. The Mortgage Bankers Association said Wednesday that overall applications rose 0.6 percent from a week earlier.
Read more on AP via Yahoo! Finance