No Place Like Home
Real Estate Services, LLC

Direct: 614-260-8838

Request a Market Analysis

leftnav photo

Real Estate News
MBS RECAP: Bond Markets in 'Holiday Drift' Mode After Auction
Wed, 26 Nov 2014 20:59:17 GMT

Posted To: MBS CommentaryNothing much has changed since the mid-day commentary because bond markets had already effectively "left the building" after the 11:30am Treasury auction. With just over an hour of trading time remaining, MBS are at their wea..[read more]

Mortgage Rates Right in Line with 1.5-Year Lows
Wed, 26 Nov 2014 19:47:00 GMT

Posted To: Mortgage Rate WatchMortgage rates moved lower again today , solidifying yesterday's tentative break back into the "high 3's" for top tier 30yr fixed rates. In fact, in terms of end-of-day rate sheet data, today's rates are actually the low..[read more]

FHFA Will Allow Some Foreclosed Owners to Repurchase Homes at Market Value
Wed, 26 Nov 2014 17:22:11 GMT

Posted To: MND NewsWireIn what could be a controversial move the Federal Housing Finance Agency (FHFA) has directed the government sponsored enterprises (GSEs) to allow foreclosed homeowners to repurchase their former homes at fair market value . Pri..[read more]

Record High Median Prices amid Tepid New Home Sales
Wed, 26 Nov 2014 17:18:07 GMT

Posted To: MND NewsWireSales of newly constructed single family homes rose slightly in October compared to September and were also improved from sales a year earlier. The U.S. Census Bureau and the Department of Housing and Urban Development said tod..[read more]

Pending Home Sales Fall in October, but Maintain Annual Gain
Wed, 26 Nov 2014 17:13:42 GMT

Posted To: MND NewsWireWhile pending home sales were down slightly compared to September the National Association of Realtors® (NAR) said October was the second month in a row that its Pending Home Sales Index (PHSI) bested the previous year's nu..[read more]

MBS MID-DAY: Modest Gains and an Unofficial Early Close
Wed, 26 Nov 2014 17:09:18 GMT

Posted To: MBS CommentaryIt might not actually be on the calendar, but in almost every way that matters, the trading day is over for bond markets. The 11:30am 7yr Treasury auction was the last thing anyone arguably needed to wait around for. This is ..[read more]

Fed TILA-RESPA Webinar Site; FHA 4bp Fee Fight Heats up; Total Mortgage Volume Figures
Wed, 26 Nov 2014 14:38:32 GMT

Posted To: Pipeline PressWith Thanksgiving around the corner, here's some conversation fodder. Thanksgiving became a national holiday 151 years ago when President Lincoln declared the last Thursday of November as national day of thanksgiving. Then, P..[read more]

Mortgage Applications Slide Despite Falling Rates
Wed, 26 Nov 2014 13:54:34 GMT

Posted To: MND NewsWireMortgage application volume was mixed during the week ended November 21. The Mortgage Bankers Association (MBA) reported that its Market Composite Index, a measure of the volume of applications for residential mortgages was dow..[read more]

MBS Day Ahead: Technical Breakout Meets Data Deluge; Hoping For The Best
Wed, 26 Nov 2014 12:32:00 GMT

Posted To: MBS CommentaryToday exemplifies the week as a whole. All we can do is buckle up , hope for the best, and not sweat it too much if the rally stalls. Reason being: Thanksgiving weeks have a strong predisposition to be more volatile than the ..[read more]

MBS RECAP: Bonds Kick Rally up a Notch After Auction
Tue, 25 Nov 2014 22:16:35 GMT

Posted To: MBS CommentaryThe day began in fine shape, especially in light of the stronger reading on GDP. European bond market strength remains at the heart of our ability to hold ground that otherwise seems out of reach. German Bunds, Europe's 1..[read more]

Mortgage Rates Back Into High 3's
Tue, 25 Nov 2014 20:55:00 GMT

Posted To: Mortgage Rate WatchMortgage rates fell more today than in recent days. Positivity was fueled chiefly by European bond market strength as serious growth concerns persist and rates push ever-closer to their mid-October lows. Domestically, a ..[read more]

MBS MID-DAY: Positive European Backdrop Helps US Bond Markets Hold Ground
Tue, 25 Nov 2014 17:32:57 GMT

Posted To: MBS CommentaryWith the increased amount of data on today's calendar, we've seen increased volatility, but it hasn't been too threatening so far. In fact, bond markets are currently in positive territory day-over-day despite GDP..[read more]

Loan Limits Unchanged in Most of U.S.
Tue, 25 Nov 2014 16:25:32 GMT

Posted To: MND NewsWireThe maximum conforming loan limit will remain at $417,000 for most of the U.S. in 2015. FHFA announced the limits, which define the size of loans eligible to be acquired by Fannie Mae or Freddie Mac, on Monday. The limits are e..[read more]

Further Deterioration in Home Price Gains -Case-Shiller
Tue, 25 Nov 2014 16:00:23 GMT

Posted To: MND NewsWireIs the party officially over? S&P Dow Jones Indices said today that the increase in home prices, which has shown diminishing energy for months, experienced a broad-based slowdown in September. The company's Case-Shiller Home Pr..[read more]

Servicing Continues to Hit the Market; Upcoming Events; Credit Union Lending Laws
Tue, 25 Nov 2014 15:20:19 GMT

Posted To: Pipeline PressThe next story reminds me of the husband who was asked by his wife (who invited the guests, cleaned the house, did the shopping, made the stuffing and all the side dishes, set the table, and cooked Thanksgiving dinner) to car..[read more]

MBS Day Ahead: Econ Data Ramps up; How Well are MBS Doing?
Tue, 25 Nov 2014 12:33:06 GMT

Posted To: MBS CommentaryYesterday was a fairly solid day for bond markets. Although it suffered from decreased participation, there was still strong support at technical ceilings and a good responsiveness to economic events and headlines. At least t..[read more]

MBS RECAP: Showing Signs of the Season, but That Worked out OK Today
Mon, 24 Nov 2014 22:15:07 GMT

Posted To: MBS CommentaryDuring the 3.5-day Thanksgiving week, we expect to see a lack of participation in bond markets juxtaposed with condensed data and volatility. Data and participation were certainly limited today and accordingly, there wasn'..[read more]

Mortgage Rates Now at 1-Month Lows
Mon, 24 Nov 2014 21:40:00 GMT

Posted To: Mortgage Rate WatchMortgage rates continue making improvements so small and so steady that they're barely noticeable, but they're improvements just the same. That's recently left us in the best territory in nearly a month. Today extends th..[read more]

Who Will Pick up Fed's MBS Buying Slack?
Mon, 24 Nov 2014 19:23:04 GMT

Posted To: MND NewsWireThe Federal Reserve has completed its latest round of Quantitative Easing, the government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae are under orders to continue shrinking their investment portfolios and significan..[read more]

MBS MID-DAY: Quietly Holding Near Friday's Best Levels
Mon, 24 Nov 2014 17:57:27 GMT

Posted To: MBS CommentaryMeaningful inputs have been few and far between for bond markets today. With Japanese markets closed, overnight Treasury trading got off to a late start. Stronger data out of Germany pushed yields quickly higher at 330am, but..[read more]

HUD's 4bp Fee; FHA/Ginnie updates; Status of Mortgage Forgiveness Tax Act
Mon, 24 Nov 2014 15:34:34 GMT

Posted To: Pipeline PressIf you're looking for next investment property, the nearest "college town" may serve you well. According to research from Clear Capital , out of the top 35 cities where home prices have appreciated since 2004, 10 were college..[read more]

MBS Week Ahead: Action-Packed and Holiday-Shortened: Sometimes That's Enough
Mon, 24 Nov 2014 12:33:37 GMT

Posted To: MBS CommentaryPast examples of Thanksgiving weeks vary when it comes to market behavior. There's no major bias toward gains or losses and the volatility doesn't tend to inform the following week's trading. If anything, Thanksgi..[read more]

MBS RECAP: Calm, Resilient Day Maintains Calm, Resilient Week (and month)
Fri, 21 Nov 2014 22:52:35 GMT

Posted To: MBS CommentaryIn the shadow of October 15th--by some measures, the most volatile day in the history of Treasury trading--everything that's followed has been exceedingly tame by comparison. The correction leading back toward slightly hi..[read more]

Technically at November Lows, but That Doesn't Mean Much These Days
Fri, 21 Nov 2014 22:12:00 GMT

Posted To: Mortgage Rate WatchMortgage rates improved again today , carving out another November low, albeit by only a small margin. For some lenders, rates are officially at "one month lows" with October 21st being the last day that similar rates we..[read more]

Natural Disasters are now Measurable Default Risks
Fri, 21 Nov 2014 19:38:18 GMT

Posted To: MND NewsWireGrowing numbers of severe weather events throughout the U.S. may be giving new meaning to "location, location, location" in the housing world. CoreLogic senior economist Kathryn Dobbyn writes in the company's blog "housing Puls..[read more]

 © 2014 Agent Image All rights reserved. | Terms | Sitemap Design by Agent Image - Real Estate Web Site Design