Published Date 5/31/2022 So you won the house. Congratulations! The bidding is over and the keys are yours. If you are a first time home owner, however, be aware that your work has just begun…
Published Date 5/31/2022 So you won the house. Congratulations! The bidding is over and the keys are yours. If you are a first time home owner, however, be aware that your work has just begun…
Published Date 5/31/2022 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all…
Published Date 5/27/2022 It’s always interesting when a personal finance expert jumps into the home buying game and lives to write about it. BusinessInsider’s Laura Grace Tarpley recently described how she “won” the bidding contest…
Published May 27, 2022 Inflation Matches Expectations Increasing concern that the pace of global economic growth may be slowing was favorable for mortgage markets this week. The major economic reports and Fed minutes caused little…
Published Date 5/27/2022 Prior to the 8:30 am ET data the 10 yr. was unchanged from yesterday and MBS prices also unchanged. All week we pointed to this morning’s release of April personal income, personal…
TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the…
Published Date 5/25/2022 The 10 yr. note yield continues to fall as investors pile into safe havens as the equity markets remain under pressure, this morning in pre-opening trade the DJIA at 8 am ET…
Published Date 5/23/2022 Last Friday the stock indexes ended generally unchanged on the day; the 10 note dropped 6 bps to 2.79% and MBS prices were up 17 bps. This morning stock indexes at 8…
Published Date 5/23/2022 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all…
Published Date 5/20/2022 MortgageTime™ by MBSQuoteline Consumer Spending Surges The major economic data released this week was roughly in line with the expected levels and caused little reaction. Tough talk from the Fed on fighting…
Published Date 5/20/2022 Stock indexes started a little better this morning, the 10 yr. note at 2.84% -1 bp, FNMA 4.5 30 yr. coupon -11 bps. There are no economic releases today, even if there…
Published Date 5/19/2022 Backyards, once a place to merely wheel your barbecue out to or let your dog do his business in, have undergone a spectacular metamorphosis over the past few decades. But no more…