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Real Estate News |
Some Asymmetric Risk When it Comes to Locking vs Floating
Wed, 14 Jan 2026 20:57:44 GMT
Some Asymmetric Risk When it Comes to Locking vs Floating Bonds improved today mostly in response to heavy stock losses creating some safe haven buying demand. Data wasn't heavily traded, but it didn't do any har..[read more]
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Mortgage Rates Unchanged Despite Bond Market Improvement
Wed, 14 Jan 2026 20:27:00 GMT
Trading levels in the bond market directly impact the rates that mortgage lenders can offer. This is why rates moved so much lower after last week's news regarding planned purchases of $200bln in mortgage backed bonds. But bonds aren't the onl..[read more]
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Existing-Home Sales Jump 5.1% in December, Strongest Pace in Nearly Three Years
Wed, 14 Jan 2026 17:52:00 GMT
Existing-home sales posted a notable year-end rebound in December, jumping 5.1% to a seasonally adjusted annual rate of 4.35 million , according to the National Association of Realtors (NAR). After adjusting for seasonal factors, December sales we..[read more]
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Bond Buying Announcement Leads Surge in Mortgage Apps
Wed, 14 Jan 2026 17:37:00 GMT
As we reported last week, the announcement that Fannie and Freddie would buy $200bln in mortgage-backed securities led to a precipitous drop in rates last week. For most of Friday, the top tier 30yr fixed rate was at 5.99% for the average lender acco..[read more]
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Hedging, Warehouse, BBYS, HELOC Products; Mortgage Apps Jump; Inflation Data Tame; FHA Delinquencies
Wed, 14 Jan 2026 16:55:19 GMT
In our world, no one expects lender and/or vendor mergers and acquisitions to diminish in 2026, and in today's Mortgage Matters at 2PM ET, presented by Lenders One, Garth Graham, Senior Partner at STRATMOR Group, will break down key M&A trends, recap..[read more]
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Today's Data is Proving Less Tradeable, But Doing No Harm
Wed, 14 Jan 2026 13:58:57 GMT
10yr Treasury futures volumes spiked about 5 times higher in the 2 minutes following yesterday's CPI than in the 2 minutes following this morning's PPI/Retail Sales combo. Annual PPI was the highest since July with headline and core both at 3.0%.&nbs..[read more]
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CPI Helped Bonds Avoid Losing Ground
Tue, 13 Jan 2026 21:46:34 GMT
CPI Helped Bonds Avoid Losing Ground Bonds began the day in slightly weaker territory and managed to flip into slightly stronger territory after the CPI data. Core monthly CPI printed at 0.2, but was rounded down..[read more]
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Mortgage Rates Now Solidly Back Above 6%
Tue, 13 Jan 2026 20:25:00 GMT
According to our chart of MND's mortgage rate index, 30yr fixed rates bottomed at 6.01% yesterday, but that's because the chart logs the day's latest entry. On Friday, until late in the day, the chart showed a rate of 5.99%. It was only after s..[read more]
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Broker, Jumbo, Verification, Climate Risk Products; CFPB Requests Money, Reverse Referral Opinion; CPI Data
Tue, 13 Jan 2026 16:44:21 GMT
Today's Capital Markets Wrap (3PM ET) will cover how mortgage rates may be impacted by the lack of a traditional flight to quality despite rising international unrest, alongside proposed limits on institutional SFR purchases, rate sheet changes, rece..[read more]
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Mixed, But Modestly Stronger Reaction to CPI
Tue, 13 Jan 2026 15:00:46 GMT
CPI came out just a bit lower than expected with the monthly core at 0.2 vs 0.3 and annual core at 2.6 vs 2.7. The unrounded numbers were closer to forecasts and headline inflation was unchanged from last month. All that to say that there was n..[read more]
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