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The domestic bond market woke up this morning to find itself pushed up against the same ceiling that had offered a friendly bounce late last week. Between now and then, we've seen solid enough progress to reinforce that ceiling, but now it is c...
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MBS Commentary
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The domestic bond market woke up this morning to find itself pushed up against the same ceiling that had offered a friendly bounce late last week. Between now and then, we've seen solid enough progress to reinforce that ceiling, but now it is c... (read more) |
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Rob Chrisman
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Loan officers everywhere tell me about “The Bank of Mom and Dad” helping buy homes , either through gifts or co-signing, helping overcome that down payment hurdle. Investing money is often a probability game. Did you know that one of Germ... (read more) |
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Mortgage Rate Watch
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Mortgage rates were arguably flat today for the average lender although a few were slightly higher or lower depending on their offerings from yesterday. Markets, however, argued a slightly different case. When we talk about "the market" with respect ... (read more) |
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Housing News
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Multifamily properties led the list of investments in what was a record year of of commercial and multifamily lending in 2018. Commercial and multifamily mortgage bankers closed $573.9 billion in loans during the year according to results from a Mort... (read more) |
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MBS Commentary
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As expected, the result of the emergency EU summit overnight was a hefty brexit extension, giving the UK until 10/31 to approve a compromise deal to leave the EU. At face value, this wasn't the conclusion bonds wanted, because it keeps economic... (read more) |
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MBS Commentary
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Global financial markets caught a glimpse of a world with 10yr yields above 3% in late 2018, and they didn't like it. A combination of stock selling and Fed accommodation (a sequence of events, really) helped rates move swiftly back in the... (read more) |
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