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In terms of directional movement, things have been great for bond markets since early November 2018. Much of that greatness, however, felt more like a correction to the swift selling pressure seen in Nov/Oct. Things didn't really get seri...
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MBS Commentary
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In terms of directional movement, things have been great for bond markets since early November 2018. Much of that greatness, however, felt more like a correction to the swift selling pressure seen in Nov/Oct. Things didn't really get seri... (read more) |
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Rob Chrisman
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(Yes, here is today’s actual commentary.) It is well known among loan officers that real estate agents don’t know their client’s credit situation before recommending the buyer to an MLO. What will they qualify for? And is this the b... (read more) |
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Housing News
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There are two strong headlines in Black Knight's new Mortgage Monitor . One is that the pool of homeowners for whom a refinance makes sense increased by 50 percent in a single week due to the sudden drop in interest rates. Another is the second conse... (read more) |
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Housing News
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Total construction spending rose in February however the increase was almost totally in the publicly funded sector. The Census Bureau said total spending was up 1.0 percent from January to a seasonally adjusted rate of $1.320 trillion compared to $1.... (read more) |
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Mortgage Rate Watch
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Mortgage rates were higher again today, making this the first confirmed bounce since beginning their stellar run last week. To be clear, rates have been in a broader stellar run since November 2018, but had definitely settled into a sideways pattern ... (read more) |
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MBS Commentary
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Bonds began the day in weaker territory, threatening to confirm a 2 day move that ends March's impressive run. Weakness remained intact all day but began to fade after 10:30am when the brexit vote failure headlines came out. Brexit contin... (read more) |
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