Mortgage News Daily:
 
What Will The Fed Do To Mortgage Rates?
7/27/2021 3:04 PM
Posted To: Mortgage Rate WatchWednesday afternoon brings one of the year"s 8 regularly scheduled policy updates from the Federal Reserve (aka, the Fed). While there"s no question that Fed policies have significant impacts on all kinds of interest rates, the Fed doesn"t actually "set" mortgage rates. The only li...Read More
 
MBS RECAP: Deceptively Interesting Trading Range Ahead of Fed
7/27/2021 3:01 PM
Posted To: MBS CommentaryDeceptively Interesting Trading Range Ahead of Fed After a move up from 1.25 to nearly 1.30% on Monday, 10yr yields dropped back below 1.25% almost immediately on Tuesday. Those looking for reasons might find explanations ranging from Chinese stock market weakness to covid case cou...Read More
 
Homeownership Rates Fall Across the Board
7/27/2021 12:01 PM
Posted To: MND NewsWireThe U.S. Census Bureau says the nation"s Homeownership Rate was at 65.4 percent in the second quarter of 2021. This is down from both the previous quarter"s 65.6 percent , and a year earlier when it was reported at 67.9 percent. However, the Bureau cautions," When interpreting these estimates and c...Read More
 
Home Price Gains "Running out of Superlatives," Highest Appreciation on Record
7/27/2021 11:57 AM
Posted To: MND NewsWireMay set yet more records for price increases. Both the S&P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agencies (FHFA) purchase only House Price Index (HPI) reported the highest annual rates of appreciation in their respective records. The Case-Shiller ...Read More
 
MLO Jobs; Sec. Mktg., Retention, Workflow, Doctor, Automation Programs; Upcoming Events and Conferences
7/27/2021 10:18 AM
Posted To: Pipeline PressWith Simone Biles injury at the Olympics, let’s shift our attention to lending & housing. Have you ever asked someone, especially a politician, for the definition of “affordable housing”? Maybe the better riddle is, “How is affordable hous...Read More
 
MBS Day Ahead: Overseas Markets Help Bonds Take Strong Stance
7/27/2021 9:17 AM
Posted To: MBS CommentaryAfter having gained so much over the past 4 months (not to mention the removal of the adverse market fee), and with a Fed announcement due out tomorrow afternoon, it wouldn't have been a surprise to see bonds take a more defensive stance overnight and this morning. Instead, 10y...Read More
 
MBS RECAP: Slow Monday, But Late Warning Shots (Re-Send w/ New Video)
7/26/2021 5:20 PM
Posted To: MBS CommentarySlow Monday, But Late Warning Shots It was a slow trading day for the most part until the last 90 minutes. Until then, MBS and Treasuries were generally flat. As the day wound down, yields bumped up to the highs--right in line with the 1.295% technical level--and MBS coughed up a q...Read More
 
MBS RECAP: Slow Monday, But Late Warning Shots
7/26/2021 3:37 PM
Posted To: MBS CommentarySlow Monday, But Late Warning Shots It was a slow trading day for the most part until the last 90 minutes. Until then, MBS and Treasuries were generally flat. As the day wound down, yields bumped up to the highs--right in line with the 1.295% technical level--and MBS coughed up a q...Read More
 
Realtors Report on Foreign Purchases of US Homes
7/26/2021 1:58 PM
Posted To: MND NewsWireThe National Association of Realtors® (NAR) reports that there was a fourth consecutive year-over-year decline in the rate of investment in U.S. real estate by international buyers. In the 12 month period that ended on March 31 those buyers purchased 107,000 residential properties for a total o...Read More
 
June New Home Sales Decline 6.6%
7/26/2021 11:42 AM
Posted To: MND NewsWireIn May, the U.S. Census Bureau and Department of Housing and Urban Development reported that the seasonally adjusted annual sales of newly constructed homes had fallen below 800,000 units for the first time in a year, to 769,000 units. In June things only got worse. The report from the two agencies...Read More