Mon, Jul 25 2011, 3:32 PM
Home loan borrowing costs moved marginally higher last week.
Fortunately these
unfriendly developments did not negatively impact Current Market
...
Mon, Jul 25 2011, 2:21 PM
Fannie Mae's Economic and Mortgage Market Analysis for
July describes second quarter economic data received so far as "discouraging," and
forec...
Fri, Jul 22 2011, 11:55 AM
Here's a
Planning & Scheduling Algorithm for any company: "Choose two: Good,
Fast, Cheap."
An
apparent consequence of Dodd Frank, MetLife ...
Fri, Jul 22 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-19 : +0-11
...
Fri, Jul 22 2011, 8:18 AM
Treasuries are slightly firmer and equities are mixed following new earnings reports Friday morning. The benchmark 10-year Treasury yield is two basi...
Fri, Jul 22 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-20 : +0-11
...
Fri, Jul 22 2011, 3:35 PM
Home loan borrowing costs moved marginally higher this week. Fortunately these
unfriendly developments did not negatively impact Current Market
Be...
Thu, Jul 21 2011, 11:44 AM
"If
you make a general statement, a Secondary Marketing Manager says, 'Yes, but ...'
while a loan officer says, 'Yes, and ...'"
Sometimes I w...
Thu, Jul 21 2011, 11:19 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-15 : -0-11
...
Thu, Jul 21 2011, 9:49 AM
I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes live today! Ironic isn't it? ...
Thu, Jul 21 2011, 8:31 AM
The market is mixed but relatively steady as investors prepare to digest new economic data and quarterly statements earnings. While the latest data fr...
Thu, Jul 21 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-12 : -0-14
...
Thu, Jul 21 2011, 4:19 PM
Home loan borrowing costs increased today, basically to the high side of
their recent "sideways" range. Lenders continue to price their loans from a...
Thu, Jul 21 2011, 2:52 PM
There
has been periodic speculation that one factor in the continuing high
unemployment levels is "house lock," or the reluctance of households to ...
Wed, Jul 20 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-24 : -0-08
...
Wed, Jul 20 2011, 10:41 AM
"If
I owned Texas and Hell, I would rent out Texas and live in Hell." So spoke
Civil War General Philip Sheridan, who was the military governor of T...
Wed, Jul 20 2011, 8:48 AM
Stocks are rallying and bonds are selling this morning.
The 10-year Treasury yield remains well below 3% as both U.S. and European debt
concerns...
Wed, Jul 20 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-24 : -0-07
...
Wed, Jul 20 2011, 4:15 PM
Home loan borrowing costs were basically unchanged today. Mortgage rate movements have gone sideways. Fear of the unknown has put lenders back in a de...
Wed, Jul 20 2011, 3:21 PM
An increase in contract cancellations
caused a decline in the sales of existing homes in June. Still, according to the National
Association of Real...
Wed, Jul 20 2011, 1:24 PM
The Mortgage Bankers Association today reported a significant increase in the number of refinance applications taken last week, purchase demand on the...
Tue, Jul 19 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-15 : -0-03
...
Tue, Jul 19 2011, 9:36 AM
"What does the mummy do when
he goes to the bookstore? He gets all wrapped up in a good book!" But in
three headlines from last night, a paradigm s...
Tue, Jul 19 2011, 4:23 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-31 : +0-13
...
Tue, Jul 19 2011, 3:57 PM
Driven by a dramatic rise in
multi-family construction, U.S. housing jumped unexpectedly to of an annualized
rate of 629,000 housing units in June. ...
Tue, Jul 19 2011, 3:53 PM
Home loan borrowing costs moved higher today. Fortunately these unfriendly developments did not negatively impact Current Market BestExection Mortga...
Mon, Jul 18 2011, 9:26 AM
"Texting
is like intellectually roaming free in a cul-de-sac." Feel free to quote
Ralph Nader on that one.
Five-time
Jeopardy winner Rich Cordr...
Mon, Jul 18 2011, 9:04 AM
A "flight to safety" led benchmark bond yields and mortgage rates lower last week.
Poor economic data combined with ongoing EU contagion concerns...
Mon, Jul 18 2011, 6:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-24 : -0-01
...
Mon, Jul 18 2011, 4:23 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-19 : -0-06
...
Mon, Jul 18 2011, 3:43 PM
Mortgage rates spent most of last week in recovery mode after experiencing a sharp spike in late-June/early-July. Unfortunately just before the weeken...
Mon, Jul 18 2011, 2:21 PM
Two press releases that came out on
Monday may point to a new direction for the residential construction market and
perhaps for housing policy.
H...
Fri, Jul 15 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, Jul 15 2011, 9:04 AM
Everyone
knows why squirrels swim on their backs. (It's Friday, I couldn't figure out
how to tie that joke in with in with any mortgage related news...
Fri, Jul 15 2011, 8:55 AM
According to the latest report from the
Mortgage Bankers Association's (MBA) Research Institute for Housing America
(RIHA) the continuing decline in...
Fri, Jul 15 2011, 8:29 AM
Treasuries are flat and equities are modestly higher Friday morning despite a Standard & Poor's warning that it could strip the U.S. of its AAA rating...
Fri, Jul 15 2011, 7:23 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Jul 14 2011, 11:23 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-02 : -0-04
...
Thu, Jul 14 2011, 10:31 AM
RealtyTrack has reported a generally downward trend
in foreclosure filings since last fall, but the monthly variations tended to
mask the magnitude ...
Thu, Jul 14 2011, 9:54 AM
"Help a man when he is in trouble and he
will remember you when he is in trouble again."
The Consumer Finance
Protection Bureau is not in trou...
Thu, Jul 14 2011, 8:24 AM
Moody's threat of a possible downgrade of the U.S. sovereign debt rating late Wednesday is having no discernible impact on the market, but it's certai...
Thu, Jul 14 2011, 4:50 PM
Home loan borrowing costs had reached their best levels of the week as of
yesterday afternoon, but were unable to improve further today. That leaves...
Thu, Jul 14 2011, 4:27 PM
The day got off to a slow start with both benchmark TSYs and "rate sheet influential" MBS experiencing modest price declines as stocks ventured margin...
Thu, Jul 14 2011, 4:23 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-24 : -0-14
...
Wed, Jul 13 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-23 : -0-05
...
Wed, Jul 13 2011, 10:42 AM
The shape of the new Consumer Financial
Protection Bureau (CFPB) began to emerge yesterday as its chief architect Elizabeth
Warren, Special Advisor ...
Wed, Jul 13 2011, 10:27 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 8, 2011. This week's results...
Wed, Jul 13 2011, 9:33 AM
I am smart enough to
realize that I am not smart enough to know, "Why the focus is more on
the debt ceiling than on actually reducing our deficit?"...
Wed, Jul 13 2011, 8:29 AM
Higher than expected growth in China has global investors in a better mood Wednesday morning, with Treasury yields backing up and equity futures looki...
Wed, Jul 13 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-07 : +0-11
...
