|
Real Estate News |
Fed Speakers and Auction Help Bonds Hold Steady
Thu, 10 Jul 2025 21:07:13 GMT
Fed Speakers and Auction Help Bonds Hold Steady Bonds technically lost a small amount of ground today, but it's just as fair to say that they're holding steady on the week. In fact, closing yields today wer..[read more]
|
Mortgage Rates Broadly Sideways
Thu, 10 Jul 2025 20:49:00 GMT
Most of this week's mortgage rate movement has been an aftershock following last week's jobs report. That data sent rates quickly higher and that momentum has gradually faded over the past few days. In fact, yesterday finally saw an improvement. ..[read more]
|
Hedging, Fraud Protection, QC Products; FHA, USDA Program Changes; Interview With Pennymac's Kim Nichols
Thu, 10 Jul 2025 15:46:56 GMT
Lenders and servicers have entire sets of policies and procedures based on the Federal Emergency Management Agency (FEMA) declaring an emergency in a given area. President Trump says FEMA should be eliminated, which would definitely impact this proce..[read more]
|
Week's Only Relevant Data is Not Bond-Friendly
Thu, 10 Jul 2025 15:33:44 GMT
You would be hard pressed to find a week with less to offer in terms of scheduled economic data. In fact, it's not an overstatement to say that regular old weekly jobless claims data was the only relevant report of the week. Unfortunately for f..[read more]
|
Correction to the Correction. Will it Last?
Wed, 09 Jul 2025 20:30:01 GMT
Correction to the Correction. Will it Last? Hindsight is 20/20 and foresight may have been close enough this week given the classic correction to June's rally giving way to a classic correction of that correction..[read more]
|
Mortgage Rate Losing Streak Ends With Moderate Victory
Wed, 09 Jul 2025 19:35:00 GMT
It's a bit of a stretch to refer to the past week as a "losing streak" for mortgage rates. The worst part about it was the consistency of upward movement starting last Wednesday. In terms of the size of that movement, things have been less tra..[read more]
|
Bonds Sticking to Predictable Script So Far This Week
Wed, 09 Jul 2025 14:09:55 GMT
Anyone who's spent much time around MBS Live knows about our favorite mantra regarding predictions. Specifically, they are for suckers--at least in the context of predicting future interest rate movement. Occasionally, though, there are conditi..[read more]
|
Big Jump in Mortgage Demand, But Rates Are Already Rising Again
Wed, 09 Jul 2025 13:17:00 GMT
Mortgage application activity bounced higher last week following a drop in rates to the lowest levels in 3 months. The Mortgage Bankers Association's (MBA) weekly survey showed a 9.4% increase in the seasonally adjusted Composite Index for the week e..[read more]
|
Pulte's Vantage Score Comments Leave Mortgage Market Guessing
Wed, 09 Jul 2025 12:33:00 GMT
If you think that everything is great in the U.S. economy, maybe it's not. At least in New Jersey. While many residents are frolicking on the Jersey Shore, Toms River schools, one of New Jersey's largest districts, voted to file for Chapter 9 bankrup..[read more]
|
Correction Starting to Level Off?
Tue, 08 Jul 2025 19:44:20 GMT
Correction Starting to Level Off? Even though very little changed during the course of the trading day, one potentially important thing happened. Rather than start weaker and continue to lose ground through..[read more]
|
