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Where were you 3 weeks ago when we were just beginning to discuss Italian political risks? I don't remember where I was, but I definitely know where rates were. 10yr yields had just broken above 3.04% for the first time since 2011 and qui...
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Rob Chrisman
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Doing Good Wells Fargo’s charity work is legendary – more than any other company in the United States. The Mortgage Bankers Association has Project Opens Doors. XINNIX has decided to embark on a “Summer of Service.” “Thi... (read more) |
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MBS Commentary
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Where were you 3 weeks ago when we were just beginning to discuss Italian political risks? I don't remember where I was, but I definitely know where rates were. 10yr yields had just broken above 3.04% for the first time since 2011 and qui... (read more) |
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Housing News
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In an earlier report covering March loan performance, Black Knight's Mortgage Monitor noted that home prices had risen more in the first two months of this year than in the same period for any year since 2005. The home price appreciation (HPA) tracke... (read more) |
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Mortgage Rate Watch
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Mortgage rates move higher today, mostly due to waning political risks in Italy. To be honest, I only really put the jobs data in the headline because the mighty Employment Situation Report is a perennial market mover--especially for rates. In today'... (read more) |
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Housing News
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April turned out to be a solid month for construction . The Census Bureau said that dollar value of new construction activity on residential, non-residential, and public projects was at a seasonally adjusted and annual total of $1.31 trillion. This r... (read more) |
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MBS Commentary
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The beginning of this holiday-shortened week was fairly exciting. It was the first major "opening gap" (yields/prices opening a day well into territory that wasn't traded in the previous day) we've seen happen since September 2017 . ... (read more) |
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consumerfinancemonitor.com
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