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 Mortgage lates cause the market drop View next topic
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qwopzxnm
Flash in the pan


Joined: 09 Feb 2007
Posts: 95
Location: Irvine, CA

Mortgage lates cause the market drop
PostPosted: Wed Mar 14, 2007 2:39 pm Reply with quoteBack to top

Here are some of the latest numbers on mortgage lates.

http://biz.yahoo.com/ap/070313.....html?.v=11
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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

Re: Mortgage lates cause the market drop
PostPosted: Wed Mar 14, 2007 6:42 pm Reply with quoteBack to top

A variety of bad data came out... foreclosures in subprime are at a record high (that's in a 37-year survey period), and delinquencies are rising fast across the board, getting close to levels of the last recession.

I liked calculated risk's comments that the MBA data probably doesn't capture many of the worst of the lenders:

http://calculatedrisk.blogspot.....index.html
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