profile picture

English French Spanish

Todays News Stories:




Todays News Stories:
 
MBS RECAP: NFP"s Stolen Thunder
12/5/2019 4:41 PM
Posted To: MBS CommentaryAfter the little bout of whipsaw volatility of the past 3 trading sessions, it will be a tall order for even the mighty NFP to move markets much tomorrow (as long as it's not insanely far from the forecast). Thank the trade war for that. Trade headlines took a big bite out of y...Read More
 
Mortgage Rates Snap Back to 3-Week Highs
12/5/2019 2:56 PM
Posted To: Mortgage Rate WatchMortgage rates have seen a fair amount of volatility so far this week, dropping quickly on Tuesday and moving in the opposite direction since then. Between yesterday and today, that big drop from earlier in the week has been completely erased. The result is an average conventional ...Read More
 
October"s Increases Suggest a Reversal in Home Price Slump
12/5/2019 12:13 PM
Posted To: MND NewsWireAfter slowing for 17 months, home price gains rose 3.8 percent in July and then held nearly flat in August according to Black Knight"s Home Price Index. Now the first tranche of price data for October seems to indicate a rapid shift into an acceleration of gains. The company says the rate of annual...Read More
 
Access to Government Backed Mortgages Finally Improves
12/5/2019 9:35 AM
Posted To: MND NewsWireThe Mortgage Bankers Association"s (MBA"s) Mortgage Credit Availability Index (MCAI) moved significantly higher in November, gaining 2.1 percent compared to October. The index measures borrower access to mortgage credit and has components for each of the major product types. A higher index number i...Read More
 
Workflow, Webinar, Just-Missed Products; Vendor News; Rates Steady
12/5/2019 9:33 AM
Posted To: Pipeline PressIn the lending world, folks are talking about the change in FHA loan levels . Economists and investors have their eye on debt. Have a balance on your credit card? Or a mortgage, or car loan? You"re not alone. Federal, corporate and household debt worldwide stands at ...Read More
 
MBS Day Ahead: Bonds Have Forgotten All About Tuesday"s Trade Drama
12/5/2019 8:48 AM
Posted To: MBS CommentaryBonds took Trump at his word in the wee hours of Tuesday morning with respect to waiting until Nov 2020 (or later) to finalize a trade deal with China. I suggested that was a silly thing to do at the time because not only was it likely a mere negotiation tactic, but there's als...Read More
 
MBS RECAP: Bonds at The Whim of Trade Headlines
12/4/2019 3:28 PM
Posted To: MBS CommentaryBonds sold off clearly and somewhat abruptly following a Bloomberg article on the trade negotiations being in better shape than markets might assume based on the previous day's trade headlines (which were also the biggest market movers of the day). All of the above completely s...Read More
 
Mortgage Rates Near Recent Lows Despite Moving Up Today
12/4/2019 2:29 PM
Posted To: Mortgage Rate WatchMortgage rates dropped sharply yesterday after having risen to the highest levels in 2 weeks the day before. Yesterday"s culprit was trade war related, but today had a more robust calendar of potentially market moving data. So did the data end up moving the market? If the title did...Read More
 
FHA 2020 Loan Limits Set
12/4/2019 1:43 PM
Posted To: MND NewsWireFederal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020. The limits are based on the conforming loan limis announced last week by the Federal Housing Finance Agency (FHFA) for loans acquired by Fannie Mae and Freddie Mac....Read More
 
Housing Construction too Slow for Growing Population of Millennials
12/4/2019 11:40 AM
Posted To: MND NewsWireThere is widespread industry concern that new homes and apartment buildings are not being constructed fast enough to keep up with demand and now the National Association of Home Builders (NAHB) says there is a mismatch between where they are being built and where they are truly needed . Litic Mulal...Read More




There was a problem returning the RSS feed.