No Place Like Home
Real Estate Services, LLC

Direct: 614-260-8838
info@noplacelikehome.com

Request a Market Analysis

leftnav photo




Real Estate News
MBS Day Ahead: Revisiting Bigger Picture After Yesterday's Losses
Thu, 30 Jun 2016 13:09:34 GMT

Posted To: MBS CommentaryBonds remain generally strong despite yesterday's losses There continues to be a good line in the sand that can warn against a bigger shift Further losses would take rates back toward previously broken range of 2016 Yeste..[read more]

MBS RECAP: Bonds Tank in PM Trading After Oracle Goes Big
Wed, 29 Jun 2016 20:45:20 GMT

Posted To: MBS CommentaryBonds continued holding ultra-narrow post-Brexit range until 3pm At that point, Treasuries spiked aggressively and MBS eventually followed Initial culprit was likely the Oracle corporate bond issuance Markets knew this was co..[read more]

Rates Continue Holding 3-Year Lows
Wed, 29 Jun 2016 20:09:00 GMT

Posted To: Mortgage Rate WatchMortgage rates roughly unchanged today, on average, with some lenders showing slight improvements while others moved just a bit higher. Even on individual lenders' rate sheets there were some cases of the lowest rate off..[read more]

Boomers' Big Impact on Housing Market
Wed, 29 Jun 2016 18:16:17 GMT

Posted To: MND NewsWireBaby Boomers, even as they age, continue to have an outsized impact on the housing market. Freddie Mac recently conducted a large survey of those over age 55 to find out their housing perceptions and preferences. The first data..[read more]

Freddie's Mortgage Market Indicator Inches Toward Stability
Wed, 29 Jun 2016 18:04:52 GMT

Posted To: MND NewsWireFreddie Mac says that the housing market as a whole in the U.S. is on the outer range of its historic benchmark level of housing activity. The spring homebuying season stayed on course in much of the country and the company's M..[read more]

Pending Sales Fall 3.7% in May on Contracting Inventories
Wed, 29 Jun 2016 16:06:10 GMT

Posted To: MND NewsWirePending home sales hit the skids in May, following three straight months of increases. The National Association of Realtors® (NAR) said that its Pending Home Sales Index (PHSI) , a forward looking indicator based on contrac..[read more]

New Products; Free Training; FHLBs Enlist in MPF for Ginnies
Wed, 29 Jun 2016 13:58:20 GMT

Posted To: Pipeline PressHuh? People burned while walking across fire at a Tony Robbins event in Texas? Imagine that! Speaking of incendiary activities, an amendment passed the Senate Appropriations Committee would bar federal banking regulators from..[read more]

MBS Day Ahead: Stock/Bond Divergence: Is Someone Lying?
Wed, 29 Jun 2016 13:32:14 GMT

Posted To: MBS Commentary Woops! I gave away the formula for 99% of any market analysis over the past week, but I hav..[read more]

Refi Demand Won't Reflect Rate Drop Until Next Week
Wed, 29 Jun 2016 12:00:41 GMT

Posted To: MND NewsWireMortgage application activity was down across the board during the week ended June 24. The Mortgage Bankers Association (MBA) reports that its Market Composite Index, a measure of application volume, dropped by 2.6 percent on a..[read more]

MBS RECAP: Bonds Hold Very Much Inside Yesterday's Range
Tue, 28 Jun 2016 21:12:12 GMT

Posted To: MBS CommentaryBond markets grudgingly gave up some gains, but only relative to previous close Relative to yesterday's average trading levels, today was flat No impact from GDP or Consumer Confidence Post-Brexit trade continues to drive..[read more]

Cash-Outs Not Yet "Worrisome"
Tue, 28 Jun 2016 20:47:18 GMT

Posted To: MND NewsWireFreddie Mac says that the trend toward increasing levels of cash out refinancing paused during the first quarter of 2016. The share of refinancing in which homeowners took a new mortgage that was at least 5 percent larger than ..[read more]

Mortgage Rates Lower Despite Bond Market Weakness
Tue, 28 Jun 2016 19:28:00 GMT

Posted To: Mortgage Rate WatchMortgage rates fell modestly today despite some weakness in underlying bond markets. Typically, when bond yields (which move inversely with bond prices) are rising, mortgage rates tend to be higher as well. That wasn't t..[read more]

Home Prices Climb as Brexit, Fall Elections Loom
Tue, 28 Jun 2016 14:35:45 GMT

Posted To: MND NewsWireBoth S&P/Case-Shiller and Black Knight Financial Services report that home prices continued to rise in April. Their numbers, while covering different universes and utilizing different methodology, came in at fairly similar leve..[read more]

Investor Disaster and Appraisal Updates; Do Election Years Impact The Economy?
Tue, 28 Jun 2016 14:21:33 GMT

Posted To: Pipeline PressHow could it have been 30 years since everyone was watching “Top Gun” in the theaters? Yes, time flies, and before you know it, well, you’re old. Where’s the best place to be a reverse mortgage origina..[read more]

MBS Day Ahead: Identifying Normal Pull-Back vs an Actual Reversal
Tue, 28 Jun 2016 13:09:30 GMT

Posted To: MBS CommentaryBond rallies don't last forever 2 ways for rates to move higher: temporary, nominal corrections, and full-scale reversals Here's one easy way to tell which is which At the moment, bond markets have weakened slightly o..[read more]

MBS RECAP: Best Kind of Day for Bonds: Steady and Much Stronger
Mon, 27 Jun 2016 20:53:17 GMT

Posted To: MBS CommentaryBrexit fallout continues. That's really all we got Fortunately, that's a huge positive for bond markets 10yr yields dropped more than 10bps Fannie 3.0s rose more the 3/8ths of a point Stocks got killed In terms of the..[read more]

Mortgage Rates Continue to New 3-Year Lows
Mon, 27 Jun 2016 20:21:00 GMT

Posted To: Mortgage Rate WatchMortgage rates move lower again today following last week's Brexit headlines (the U.K.'s vote to leave the European Union). Indeed it's hard to turn on the TV, computer, or radio without hearing about Brexit. Global fina..[read more]

Could Homeownership Be Headed For 50 Percent?
Mon, 27 Jun 2016 20:04:38 GMT

Posted To: MND NewsWireWill the homeownership rate fall below 50 percent? Not a question most housing industry stakeholders want to think about, but some analysts are speculating that it could happen . Freddie Mac, in its June edition of Outlook , ta..[read more]

Ginnie Issuance Passes Freddie; TILA Dollar Amounts; Bank Supervision Economics Study
Mon, 27 Jun 2016 14:12:56 GMT

Posted To: Pipeline PressEveryone is talking about the future of the European Union. Tad Dahlke sends, “Brexit to be followed by Grexit, Departugal, Italeave, Fruckoff, Czechout, Oustria, Finish, Slovlong, Latervia, Byegium.” And while we..[read more]

MBS Day Ahead: Bonds Asserting Claim to Last Week's Range
Mon, 27 Jun 2016 13:45:50 GMT

Posted To: MBS CommentaryOftentimes, a massive surge to long-term lows is met with a quick snap back to the safety of the previous range. So far, the current massive surge is not one of those times. In fact, 10yr yields began today's trading at l..[read more]

MBS RECAP: Bonds Keep Reasonable Amount of Brexit Mega-Rally
Fri, 24 Jun 2016 20:32:37 GMT

Posted To: MBS Commentary10yr yields were as low as 1.406 overnight, but moved up to the mid 1.5's by the close MBS were up nearly 7/8ths of a point at their best, but will have to settle for "only" about 5/8ths of a point Trading was driven by B..[read more]

Single Best Day For Mortgage Rates in More Than a Year
Fri, 24 Jun 2016 17:04:00 GMT

Posted To: Mortgage Rate WatchMortgage rates plummeted today following the surprise victory of the referendum for the U.K. leaving the European Union (aka "Brexit"). This joins the ranks as one of the few days in history where rates have moved a full..[read more]

CFPB Targets Servicer Technology in Updated Exam Procedures
Fri, 24 Jun 2016 15:24:54 GMT

Posted To: MND NewsWireAfter two years of supervision and examinations of mortgage servicers by the Consumer Financial Protection Bureau (CFPB) the agency has criticized the industry's level of compliance and issued an updated mortgage servicing exam..[read more]

NY Servicers Dealt Blow; Ocwen's $30 Million Settlement; Brexit: Renegotiations and Margin Calls?
Fri, 24 Jun 2016 15:17:04 GMT

Posted To: Pipeline PressAt Happy Hour tonight, besides talking about refis, you can throw this one out: the number of homes worth $1 million has doubled in the last 4 years . Of course 2012 was pretty much the bottom of the real estate market, and i..[read more]

MBS Day Ahead: Brave New World, Part 2: Brexit Milestone
Fri, 24 Jun 2016 13:25:00 GMT

Posted To: MBS CommentaryFor a variety of reasons and for more than a year, the MBS Live community and I have periodically revisited the general topic of a "brave new world." This is a world where the biggest global economies get caught up in a "race..[read more]

 © 2016 Agent Image All rights reserved. | Terms | Sitemap Design by Agent Image - Real Estate Web Site Design