Mortgage Daily

Published On: April 1, 2011

While issuance picked up at the Federal National Mortgage Association, volume eased at the Government National Mortgage Association and sank at the Federal Home Loan Mortgage Corp.

Fixed-rate issuance at all three agencies fell to $89.4 billion during March from February’s $99.4 billion in activity, according to data released by eMBS. Issuance was higher, however, than $84.2 billion during March 2010.

Year-to-date through March 31, agency issuance amounted to $311.7 billion.

At just Fannie Mae, fixed-rate issuance rose to $49.0 billion from February’s $46.3 billion and March 2010’s $34.0 billion. Fannie’s year-to-date issuances totaled $156.5 billion.

A small declined was reported for Ginnie Mae, where volume fell to $19.0 billion from $20.5 billion a month earlier and a year earlier.

But the story was not so good at McLean, Va.-based Freddie Mac.

Issuances at the secondary lender tumbled to $21.3 billion from February’s $32.5 billion and were also worse than $29.7 billion in March of last year. This year’s business at Freddie totals $88.7 billion so far.

FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator

Tags

Pre-Approval Resources!

Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…

Resource Center

Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.

Your mortgages approval starts here.

Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.

Stay Up To Days with Today’s Latest Rates

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN