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Real Estate News |
Flat Friday, But Volatility Risks Remain
Fri, 09 May 2025 21:07:37 GMT
Flat Friday, But Volatility Risks Remain Bonds started weaker, flipped stronger mid-day, and then slowly moved back to unchanged levels by the close. Most of the day's volatility surrounded comments from a Swiss ..[read more]
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Mortgage Rates Barely Lower to End The Week
Fri, 09 May 2025 20:30:00 GMT
Whether it's today vs yesterday, or today vs the end of last week, the average top tier 30yr fixed mortgage rate is just a hair lower. Today's improvement was arguably a byproduct of trade related headlines this morning. Specifically, some comments ..[read more]
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HELOC, Automation, Buy Before You Sell Tools; Trump Admin. and Disaster Monitoring; Guild Earnings
Fri, 09 May 2025 15:52:00 GMT
Here's something that our Fed can't do anything about, inflation-wise: coconut prices have doubled due to extreme weather events. (More on weather and climate below.) The Federal Reserve doesn't control U.S. property taxes either, and they've jumped ..[read more]
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Lots of Fed Speakers, But The Focus is on China
Fri, 09 May 2025 15:04:18 GMT
A glance at today's economic calendar quickly reveals that Fed speeches are the only game in town in terms of scheduled events. But what can the Fed say that we didn't already hear from Powell on Wednesday, or 47 other times in other speeches o..[read more]
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Surprisingly Big Sell Off Relative to The Inspiration
Thu, 08 May 2025 20:52:02 GMT
Surprisingly Big Sell Off Relative to The Inspiration Bonds ended up selling off somewhat sharply today with the bulk of the blame apparently reserved for the UK/US trade deal. In fact, the pace of the selling wa..[read more]
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Mortgage Rates Move Higher After Trade Deal
Thu, 08 May 2025 20:04:00 GMT
Mortgage rates moved back up to the higher levels seen earlier this week after the official announcement of a trade deal between the U.S. and the U.K. Most lenders actually began the day fairly close to yesterday's latest levels, but were ultimately..[read more]
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Servicer Oversight, Vendor Management, CU Member Mining, VA, Compliance Tools; Tariffs and Remodeling
Thu, 08 May 2025 15:42:58 GMT
"Why did the homeowner take so long in remodeling his home? He had trouble with da siding.' There are LOs, or correspondent investors, who have spent months or years building up their renovation referral book of business. I am sure that they saw this..[read more]
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Slow Start, Two-Way Trading After Data
Thu, 08 May 2025 15:00:39 GMT
Bonds mostly lost ground in the overnight session, and then lost just a bit more ground after the 8:30am econ data. This consisted of Jobless Claims coming in slightly lower than forecast, and Labor Costs rising to 5.7% for Q1 vs 2.0% in Q..[read more]
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Just as Underwhelming as Expected
Wed, 07 May 2025 20:34:30 GMT
Just as Underwhelming as Expected No sense in trying to manufacture excitement out of something boring. Even before Fed speakers went into the customary blackout period 12 days ago, it was already abundantly..[read more]
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Mortgage Rates Lower After Fed Announcement, But Not Because of It
Wed, 07 May 2025 19:35:00 GMT
There's nothing like a Fed announcement day to get almost every media outlet to run headlines that attempt to tie the day's market movement to the Fed's rate decision. The problem in today's case is that there wasn't even anything remotely resembling..[read more]
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