Real Estate News |
Still in The Range as Bonds Wait For Bigger Influences
Tue, 02 Sep 2025 20:33:30 GMT
Still in The Range as Bonds Wait For Bigger Influences Bonds were noticeably weaker to start the new month with most of the losses arriving after the start of European trading overnight. Indeed there was strong c..[read more]
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Mortgage Rates Slightly Higher to Start September
Tue, 02 Sep 2025 19:57:00 GMT
Mortgage rates are based on bonds and bonds can do funny things on the first and last trading days of any given month. One of the most common "funny things" involves a decent amount of market movement for no apparent reason. In truth, there are alway..[read more]
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Loss Mit, Data Mining, Pre-Approval Letter Tools; jumbo, HELOC, Non-Agency News; Watch Those Student Loans
Tue, 02 Sep 2025 15:37:14 GMT
What's old is new again? In Vermont, one man is refurbishing payphones for people to use for free. Very cool. Debt isn't old or new, but how we treat it is. On today's episode of Advisory Angle at 2PM ET, STRATMOR experts Garth Graham, Nicole Yung, a..[read more]
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Bonds Dealing With Holiday Hangover Despite Friendly Data
Tue, 02 Sep 2025 14:31:06 GMT
The Tuesday after Labor Day can have a mind of its own when it comes to financial markets--especially if it also happens to be the trading day of the month. Last week's month-end trading environment gave bonds an artificial, temporary boost and some ..[read more]
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Calm Day to End A Calm Week
Fri, 29 Aug 2025 20:21:08 GMT
Calm Day to End A Calm Week While Friday itself may not have resulted in a rally for the broader bond market, it was nonetheless just as calm as any other day this week in terms of volatility. That's a bit more i..[read more]
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Rates End Week at Best Levels; Next Week Could be Huge
Fri, 29 Aug 2025 18:30:00 GMT
It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr fixed rate moved by 0.02% or less. This is a small enough change that the average borrower wouldn't see any detectable difference in a loan quote fr..[read more]
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PCE Inflation Offers No Surprises
Fri, 29 Aug 2025 15:44:01 GMT
There are two big picture inflation reports in US that address consumer prices: CPI and PCE. Of the two, PCE is broader and more highly regarded by policymakers. The downside is that it comes out about 2 weeks later for the same month of price data. ..[read more]
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Loan Calculator and Verification Tools; Event Calendar; Insurance Costs; Mortgage Banking Bound Interview
Fri, 29 Aug 2025 14:17:29 GMT
"The hardness of the butter is proportional to the softness of the bread.' Proportionality is important, whether in a restaurant or in a lender watching adjustable-rate loans (where the market favors credit unions and banks). With short-term rates dr..[read more]
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Generally Exciting, But Specifically Boring
Thu, 28 Aug 2025 20:15:23 GMT
Generally Exciting, But Specifically Boring Heading into the present week, it was incredibly unlikely that we'd see any exciting volatility in the bond market this week. At the very least, we knew that it w..[read more]
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30yr Fixed Rates Officially Back to 6.50%
Thu, 28 Aug 2025 19:15:00 GMT
There is no singular, official primary source for mortgage rate levels. The going rate is whatever can be locked/closed at any given lender. As such, we rely on surveys and data aggregations in order to routinely monitor the probable going rate. ..[read more]
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