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"Perfect storm" is an overused term, and there other, more colorful descriptors I'd use to describe the storm that's been battering bond markets for the past year and a half.
This particular storm began with Brexit failing to bring a...
MBS Commentary
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"Perfect storm" is an overused term, and there other, more colorful descriptors I'd use to describe the storm that's been battering bond markets for the past year and a half.
This particular storm began with Brexit failing to bring a... (read more)
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Housing News
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Home prices measured by Black Knight's Home Price Index (HPI) achieved their 67 th consecutive year-over year increase in November. The HPI rose 6.44 percent in the 12 months ending in November 2017, only a shade lower than the annual increase of 6.4... (read more)
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Rob Chrisman
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Lenders in the US should be aware of what’s going on in the United Kingdom’s mortgage community – it won’t make any investor in mortgages feel better about the asset staying on their books. “Trussle, the online mortgage ... (read more)
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Mortgage Rate Watch
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Mortgage rates moved higher today, bringing them up to yet another 9-month high. Underlying bond markets ended the week in roughly the same shape as last week, but the mortgage bond market has been volatile over the past 3 days. That volatility makes... (read more)
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MBS Commentary
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Last week, I noted that the current week wasn't likely to see bond yields rise because we'd just had 3 straight weeks of clear moves higher. We don't really get "4th weeks" in cases where the 3 bad weeks occur in the midst of a trend that's a... (read more)
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Mortgage Rate Watch
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Mortgage rates are in trouble . This will come as no surprise to regular readers. For the past few weeks, rates made several successive runs up to the highest levels in more than 9 months. It was really only the spring of 2017 that stood in the way o... (read more)
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consumerfinancemonitor.com
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