Wed, Oct 26 2011, 10:29 AM
Mobile
homes: personal or real property? This may shed some light on the issue.
First RMIC, then PMI, now...Genworth ? And at some point eve...
Wed, Oct 26 2011, 8:46 AM
Mortgage application volume
bounced back from the previous holiday-shortened reporting period to end the
week of October 21 up almost five percent....
Wed, Oct 26 2011, 8:42 AM
The Treasury curve steepened overnight and equities returned to rally mode as the market waits for the European Summit to begin at Noon eastern time. ...
Wed, Oct 26 2011, 5:20 PM
Today's much anticipated Summit in
Europe sent Mortgage Rates very slightly higher, but
overall, the changes were minor, especially when compar...
Wed, Oct 26 2011, 4:21 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Tue, Oct 25 2011, 11:19 AM
If you've had time for a quick check of MBS prices, you're already aware of the rally. Bond markets have been mostly rallying all morning as stocks h...
Tue, Oct 25 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Tue, Oct 25 2011, 10:57 AM
We have six
days until Halloween, after which, it seems, the pumpkin lots magically
transform into Christmas tree lots. Halloween goes back to Celti...
Tue, Oct 25 2011, 8:28 AM
European bourses are offering little direction this morning while traders wait another day for the next meeting of European officials. Treasuries are ...
Tue, Oct 25 2011, 5:12 PM
One of the possibilities we've been following, moreso around the 19th and 20th than recently, has been the possibility (or overly-optimistic hope?) th...
Tue, Oct 25 2011, 4:49 PM
As is
eternally possible these days, news out of the Eurozone sent shockwaves through
markets today and this time it worked to the advantage of Mo...
Tue, Oct 25 2011, 4:17 PM
MBS Live : MBS RECAP
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FNMA 3.5
101-17 : +0-20
...
Tue, Oct 25 2011, 1:34 PM
The take-away message from the August S&P/Case-Shiller
Home Price Index (HPI) numbers published today appears to be, it's not as bad
as last year....
Tue, Oct 25 2011, 1:29 PM
The Federal Housing
Finance Agency (FHFA) has released its monthly House Price Index for
August. The index calculates prices paid
to purchase ho...
Mon, Oct 24 2011, 12:46 PM
If you haven't heard/seen from multiple sources, multiple times, the story of the morning is certainly the long-awaited release of more information on...
Mon, Oct 24 2011, 12:07 PM
In advance of a speech in Nevada later
today in which President Obama is expected to expand on the initiative, the
Federal Housing Finance Agency (F...
Mon, Oct 24 2011, 11:30 AM
(Sorry so late this AM, busy morning oversight!)
Key Events This Week:
Monday:
9:00 - Richard Fisher , president of the Dallas Federal R...
Mon, Oct 24 2011, 11:18 AM
A
song that studies the demographics of the East Coast? "I want to
find myself relaxin' with the other Anglo Saxons." http://biggee...
Mon, Oct 24 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Mon, Oct 24 2011, 5:18 PM
Quite a lot of "sparkle and fade" regarding the HARP 2.0 pre-announcement this morning. Or is it a pre-pre-announcement? Either way, the finer point...
Mon, Oct 24 2011, 4:35 PM
Mortgage
Rates rose
slightly today. Bond markets were
slightly weaker today while stocks surged on optimism over Wednesday's
conclusion to the ...
Mon, Oct 24 2011, 4:17 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Sun, Oct 23 2011, 9:46 PM
(Editor's
note: occasionally there is too much news & information to stick with the
usual Monday-Friday commentaries. And thus we have today's. Sorr...
Fri, Oct 21 2011, 11:23 AM
The
Harvard Joint Center for Housing Studies has released the latest Leading
Indicator of Remodeling Activity (LIRA) designed to estimate national...
Fri, Oct 21 2011, 11:18 AM
Tomorrow
is college football day. For you college football fans out there: http://www.robchrisman.com/references/a_and_m_letter.pdf .
And yes, ...
Fri, Oct 21 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Fri, Oct 21 2011, 10:54 AM
From MBS Live! earlier this morning: With no data on tap, and only a few Fed Speakers, the most interesting news on the MBS table this morning are t...
Fri, Oct 21 2011, 8:30 AM
Equities are once again being pulled higher by hopes that European officials are on a path to resolving the eurozone debt crisis.
The plan involves...
Fri, Oct 21 2011, 4:17 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Fri, Oct 21 2011, 2:40 PM
Even the presence of volatility is
volatile. Here yesterday, gone
today. But "volatility of the presence
of volatility" sounds too much like calc...
Fri, Oct 21 2011, 1:35 PM
Every consumer shops for mortgages and they should. But this is the critical distinction: you should be shopping for the best mortgage advisor. If you...
Fri, Oct 21 2011, 1:10 PM
When Congress temporarily raised the maximum loan size eligible
for mortgages guaranteed by FHA or by the government sponsored enterprises
(GSEs) Fa...
Thu, Oct 20 2011, 12:05 PM
Here is a
notable take on Realtors, for better or worse, titled " Five Rules to
Remember When Dealing with Real Estate Agents " .
Have you
comm...
Thu, Oct 20 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
...
Thu, Oct 20 2011, 8:12 AM
Treasuries are backing up and U.S. equities are on a slight rebound this morning even though global bourses turned lower overnight, some sharply so.
...
Thu, Oct 20 2011, 5:06 PM
Just a quick post tonight, mostly to update you on how the charts that we discussed this afternoon ended up panning out by 5pm. Long story short, t...
Thu, Oct 20 2011, 4:45 PM
Apparently, we jinxed the market
yesterday by referring to recent stability...
Apologies on that, but the damage is minimal... Mortgage Rates ...
Thu, Oct 20 2011, 4:17 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Thu, Oct 20 2011, 4:10 PM
The seasonal decline in home prices that always proceeds the holidays
and continues through the cold winter months has already begun, appearing
ea...
Thu, Oct 20 2011, 2:09 PM
Actually, MBS are 2 ticks UP as opposed to down, but I refuse to rewrite this blog and re-do my charts simply because markets are too flighty and inde...
Thu, Oct 20 2011, 1:15 PM
Existing home sales including single-family
houses, townhouses, condos, and co-ops posted a decline in September according
to data released today b...
Wed, Oct 19 2011, 11:21 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
101-04 : -0-01
...
Wed, Oct 19 2011, 10:31 AM
Men have
always wanted a manual for women. (I am sure somehow, that just like the
manuals for cell phones and cameras, we'd flip through and look fo...
Wed, Oct 19 2011, 9:05 AM
Mortgage
applications dropped sharply during the week ended October 14, falling 14.9
percent on both a seasonally adjusted and an unadjusted basis. ...
Wed, Oct 19 2011, 8:47 AM
U.S. markets were little moved overnight as investors digest earnings, await new inflation and housing data, and examine possible outcomes for Europe'...
Wed, Oct 19 2011, 4:54 PM
We had an extended conversation the other day about what technically constitutes a "breakout." In fact that's a pretty good article to revisit in g...
Wed, Oct 19 2011, 4:29 PM
For the first time since September, Mortgage Rates have held steady or improved for 3 straight days. Granted, the actual level of improvement is
...
Wed, Oct 19 2011, 4:21 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Wed, Oct 19 2011, 2:51 PM
Bonds have experienced a sharp backup in rates since the beginning of October. From October 3rd through the close of 10/17, the yield on the 10-yea...
Wed, Oct 19 2011, 1:33 PM
Privately-owned housing starts in
September rose 15.0 percent above starts in August to a seasonally adjusted annual
rate of 658,000 units. Accordi...
