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February 13, 2013

Obama to Congress: ‘Take a Vote and Send Me’ HARP 3.0

By Charles Wisniowski

President Obama, during his State of the Union address, urged Congress to get the HARP 3.0 refinancing program off the ground.

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Poll

The yield on the benchmark 10-year Treasury fell to all-time low of 1.34% recently. How much better will originations be at your shop in the second half compared to 1H, if at all?

Better by 1% to 10%.

30%

Better by 11% to 25%.

39%

Off the charts better. Applications are great now.

22%

Worse than 1H, but not by much.

4%

A lot worse. But not sure on the damage.

4%

Housing Pulse