Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
Mortgage rates caught a break today , as underlying bond markets made it back into Tuesday's territory. Refreshingly, lenders were willing to set rates back at Tuesday's levels. That may sound exceedingly logical considering bond markets dictate rate movements, but it's an exception to the recent rule that's seen lenders err on the side of caution when it comes to following every little movement in bonds. In other words, lenders have been quick to raise rates when bonds are weaker and slow to bring them back down when bonds recover. That makes today something of an opportunity for anyone who wished they'd locked their rate on Tuesday. Simply put, now you can! These sorts of recoveries are tricky business from a forecasting perspective. Of course there's a temptation to hope for more when we
|
Mortgage Rate Watch
|
|
|
Mortgage rates caught a break today , as underlying bond markets made it back into Tuesday's territory. Refreshingly, lenders were willing to set rates back at Tuesday's levels. That may sound exceedingly logical considering bond markets dictate rate... (read more) |
|
|
Housing News
|
|
|
Not sure whether to call it cooperation, a coincidence or a non-musical "call and response," but a proposal unveiled by Ben Carson, Secretary of Housing and Urban Development, seems to have made it pretty quickly into the halls of Congress. On Wednes... (read more) |
|
|
MBS Commentary
|
|
|
Today is shaping up to be the first push back against the current selling trend. By current, I mean the sharper, shorter trend of the past 7 days as opposed to the longer-term trends that began in late 2016 and 2012. This current trend ... (read more) |
|
|
Mortgage Rate Watch
|
|
|
Mortgage rates had another rough day as they continued moving up into new 4-year highs. Unlike the extremely mild and uneventful day-to-day changes seen for most of the past 2 months, rates are actually putting some distance between themselves and th... (read more) |
|
|
Rob Chrisman
|
|
|
I'm a capital markets guy, so, by some people’s definition, don’t know much about numbers. But I know that .250 (a quarter point) on a $100,000 loan is $250. Independent mortgage banks and mortgage subsidiaries of chartered banks reported... (read more) |
|
|
MBS Commentary
|
|
|
The recent rate drama continues unabated. Today was the 6th day of heavy selling in bond markets, bringing yields within striking distance of the 2014 highs near 3.041%. As has been the case during this sell-off, there really hasn'... (read more) |
|
|
|
|
