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Despite a fairly perfect bounce yesterday, the trend-lines acting as floors in stocks and bonds have given way overnight, even if only in somewhat underwhelming fashion. For instance, compared the 3.06 line in the sand, 10yr yields began the ...
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Rob Chrisman
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Here are some tech developments as we seem to be moving closer to machines running our lives, or a loan being approved instantly by reading a fingerprint or retina. No, this isn’t a story from the Onion: British companies are planning to microc... (read more) |
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MBS Commentary
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Despite a fairly perfect bounce yesterday, the trend-lines acting as floors in stocks and bonds have given way overnight, even if only in somewhat underwhelming fashion. For instance, compared the 3.06 line in the sand, 10yr yields began the ... (read more) |
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Housing News
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October was another mixed but largely mediocre month for residential construction . Permits were lower both on a monthly and an annual basis, while housing starts improved marginally, but only for the month. Completions also lagged earlier numbers. T... (read more) |
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Mortgage Rate Watch
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Mortgage rates unexpectedly dropped to their lowest levels in more than a month as of last Friday. That assertion is at odds with quite a few media reports that cited Freddie Mac's weekly survey data saying that rates were essentially unchanged from ... (read more) |
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Housing News
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Freddie Mac has announced a new collaboration with a handful of rural non-profits to expand sweat equity opportunities to homeowners in several rural and underserved regions. Potential homebuyers in selected areas will be able "to leverage their cons... (read more) |
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MBS Commentary
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Builder Confidence doesn't typically move markets, but today it did. For the past several month's, the NAHB's Housing Market Index (generally considered tantamount to "builder confidence") looked like it was bucking the consensus among other housing ... (read more) |
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