Posted To: MND NewsWireBy mid-October the average interest rate for 30-year fixed rate mortgages (which at that point was at… Continue reading Black Knight: The Rising Toll of Rates on Refinancing, Affordability
Month: November 2018
MBS RECAP: Straightforward, Rotten Day For Bonds
Posted To: MBS CommentaryToday, and indeed the week in general was fairly straightforward as far as bond markets were concerned.… Continue reading MBS RECAP: Straightforward, Rotten Day For Bonds
Mortgage Rates Rise Sharply to Fresh 7-Year Highs
Posted To: Mortgage Rate WatchMortgage rates had a bad week and an especially bad day following a much stronger-than-expected jobs… Continue reading Mortgage Rates Rise Sharply to Fresh 7-Year Highs
Fannie/Freddie Post Healthy Profits, Resume Full Dividend Payments
Posted To: MND NewsWireBoth of the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, which remain in government… Continue reading Fannie/Freddie Post Healthy Profits, Resume Full Dividend Payments
Subservicing Products; Lender Disaster News; Non-QM Securitization
Posted To: Pipeline PressMany states “gain an hour” Sunday morning by setting clocks back. Robots don’t care what time it… Continue reading Subservicing Products; Lender Disaster News; Non-QM Securitization
MBS Day Ahead: Here Comes the Jobs Report
Posted To: MBS CommentaryThis morning brings the often-important jobs report. Traditionally, the key component has been nonfarm payrolls (NFP), which… Continue reading MBS Day Ahead: Here Comes the Jobs Report
MBS RECAP: Bonds Battle Back After a Ceiling Bounce
Posted To: MBS CommentaryToday ended up being somewhat triumphant for bonds. It didn’t begin that way, however. Yields were higher… Continue reading MBS RECAP: Bonds Battle Back After a Ceiling Bounce
Mortgage Rates Are Actually a Bit Higher This Week
Posted To: Mortgage Rate WatchIt’s Thursday! That means it’s time, once again, to set the record straight on today’s actual… Continue reading Mortgage Rates Are Actually a Bit Higher This Week
Multifamily Construction Boosts Residential Spending Numbers
Posted To: MND NewsWireConstruction spending in September was largely unchanged from where it was in August. The U.S. Census Bureau… Continue reading Multifamily Construction Boosts Residential Spending Numbers
Affordability Now Biggest Concern as Metro Home Prices Rise
Posted To: MND NewsWireSingle family home prices increased during the third quarter of 2018 in 93 percent or 166 of… Continue reading Affordability Now Biggest Concern as Metro Home Prices Rise