Published Date 6/14/2022 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 6/14/2022 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 6/13/2022 Equity markets began this morning where they left off on Friday DJIA -880, starting this morning down 500 more. The 10 yr. note yield at 8 am ET 3.27%, MBS prices in…
Published Date 6/13/2022 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 6/10/22 High Inflation Inflation remained the focus for investors this week, and the latest readings came in stronger than expected, at or near the highest levels in decades. The European Central Bank also revealed…
Published Date 6/10/2022 May CPI hotter than expectations. CPI expected +0.7% increased to 1.0%, yr./yr. expected +8.2% increased 8.6%; the core (ex food and energy) expected +0.5% increased 0.6%, core yr./yr. expected +5.9% increased 6.0%.…
Published Date 6/9/2022 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 6/8/2022 Stock indexes began lower this morning. Rates are waiting until Friday when May CPI is released, moving in narrow ranges this week. Weekly MBA mortgage apps continue to decline; last week down…
Published Date 6/7/2022 You can read articles by experts on remodeling, but sometimes it’s even more useful to hear from someone who has “been-there-done-that” in terms of his or her remodeling experiences/horror stories. Real estate…
Published Date 6/6/2022 Friday stock indexes were under pressure, this morning some improvement in the futures markets; the 10 yr. at 8:30 am ET 2.98% +3 bp, FNMA 4.0 30 yr. coupon opened down 11…
Published Date 6/6/2022 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 6/3/2022 The world’s climates are changing. Along with it, flood risk methodology must change as well. Redfin’s Julia Weaver explains how, for the past 50 years, the Federal Emergency Management Agency (FEMA) has…
Steady Job Gains It was a relatively quiet week for mortgage markets. The most highly anticipated economic news, the key labor market report, was roughly in line with expectations overall. Mortgage rates ended the week…
