|
Real Estate News |
MBS Day Ahead: Big Potential for Bond Markets, for Better or Worse
Wed, 30 Jul 2014 11:33:07 GMT
Posted To: MBS CommentaryOn the afternoon of the Thursday before last, bond markets had just gone on their run to the best levels in over a month on the geopolitical flare-up (that was the day that begin with the Malaysian Airliner and ended with Isr..[read more]
|
MBS RECAP: Bonds Bounce Back From Mid-Day Swoon
Tue, 29 Jul 2014 21:00:08 GMT
Posted To: MBS CommentaryMarkets were more active today, offering a nice little warm up for what promises to be an even more active day tomorrow. The movement came in waves, beginning with a strong bond market rally at the start of the European tradi..[read more]
|
Mortgage Rates Slightly Lower; Volatility Ahead
Tue, 29 Jul 2014 20:05:00 GMT
Posted To: Mortgage Rate WatchMortgage rates were slightly lower today, holding inside a low and narrow range that's been intact for nearly 2 weeks. The movement was small enough that some lenders are unchanged compared to yesterday, but they're the ..[read more]
|
MBS MID-DAY: Bond Markets Back Near Unchanged Levels after Stronger Start
Tue, 29 Jul 2014 16:39:35 GMT
Posted To: MBS CommentaryThe day started out well for Treasuries and MBS for a variety of reasons. European bond markets have been the most reliable motivation for overnight movement in Treasuries and last night was no exception. This time around Ger..[read more]
|
Seasonally-Adjusted Home Prices Declined in May
Tue, 29 Jul 2014 15:47:13 GMT
Posted To: MND NewsWireHome price gains continued to slow in May, posting smaller annual increases than In April the S&P Dow Jones Indices said today. The Indices' Case-Shiller 10-City Composite Index was up 9.4 percent compared to May 2013 and the 2..[read more]
|
New Products; Regions Bank's Cuts; PHH, NationStar in the News; Radian/NAREB Partnership
Tue, 29 Jul 2014 15:19:07 GMT
Posted To: Pipeline PressMy plan has always been pretty simple with my children: feed and clothe them in a loving home, make sure they get a college education followed by a good job, then at some point, send them an invoice. But I've been told by the..[read more]
|
MBS Day Ahead: Last Day of Tame Data Before Things Get Serious
Tue, 29 Jul 2014 11:42:51 GMT
Posted To: MBS CommentaryYesterday proved to be anything but serious based on the narrow trading range. 10yr yields only used up half of the range they'd carved out on Friday and MBS, even less than that. With none of the week's big-ticket ma..[read more]
|
MBS RECAP: Some Weakness and a Few Reprices, but Mostly Holding Ground
Mon, 28 Jul 2014 21:11:49 GMT
Posted To: MBS CommentaryMore due to timing and coincidence than anything, we got a few negative reprices this afternoon. Shortly thereafter, prices moved right back mid-point of today's trading range and never left . That said, things were a bit..[read more]
|
Mortgage Rates Unchanged to Start Important Week
Mon, 28 Jul 2014 19:30:00 GMT
Posted To: Mortgage Rate WatchMortgage rates didn't move much to start the week, with a nearly equal number of lenders moving both higher and lower. On average, rates were just barely higher. Even then, the actual rates being quoted are the the same ..[read more]
|
CFPB Seeks to Modify HMDA Data Collection; Raises Privacy Concerns
Mon, 28 Jul 2014 18:54:11 GMT
Posted To: MND NewsWirePublic comments are being requested a a new proposed rule for collecting data under the Home Mortgage Disclosure Act (HMDA). The Consumer Financial Protection Bureau (CFPB) said the new rule includes changes the could help in s..[read more]
|
MBS MID-DAY: Hold Ground, Moderately Weaker, but Outperforming Treasuries
Mon, 28 Jul 2014 16:56:43 GMT
Posted To: MBS CommentaryVery little happened in the overnight session and very little has changed into the domestic trading hours. Bond markets were a bit weaker overnight and have found little reason to do much else so far today. The only significa..[read more]
|
Home Prices up Again in May Black Knight says
Mon, 28 Jul 2014 16:06:00 GMT
Posted To: MND NewsWireThe Home Price Index (HPI) released on Monday by Black Knight Financial Services showed another strong month-over-month gain for housing values in May. The HPI increased by 0.9 percent to a value of $239,000 from $236,000 in Ap..[read more]
|
Zillow to Acquire Trulia; both Companies to Maintain Course
Mon, 28 Jul 2014 15:13:00 GMT
Posted To: MND NewsWireZillow, the Seattle based company which started out in the mid-2000s as a website where one could check on one's own and one's neighbor's property values and has grown to a large on-line source of information on homes for sale ..[read more]
|
Pending Sales Down but Holding above "Normal' Mark
Mon, 28 Jul 2014 14:40:53 GMT
Posted To: MND NewsWirePending home sales declined modestly in June after three months of what the National Association of Realtors® (NAR) called "solid gains." NAR's Pending Home Sales Index (PHSI) declined 1.1 percent to 102.7 in June from 103...[read more]
|
RESPA-TILA Update; HMDA Changes in the Wind; FinCen SAR Stats; New IM System for Banks?
Mon, 28 Jul 2014 14:36:45 GMT
Posted To: Pipeline PressHow is it that this is the last week of July already? Lots of lenders seem to have seen decent Julys - but perhaps not as strong as some of their Junes - and certainly for many the upward sloping trend of lending activity and..[read more]
|
MBS Day Ahead: Tons of Potential Volatility with GDP, Fed Announcement, and Jobs Report
Mon, 28 Jul 2014 11:42:52 GMT
Posted To: MBS CommentaryFinally we come to the week we've been eyeing for nearly a month as a candidate for major changes. It's fitting that 10yr yields ended the previous week right at 2.47% which--above all others--is the poster-child for ..[read more]
|
MBS RECAP: Bond Markets Hold on to Recent Gains Ahead of Big Week
Fri, 25 Jul 2014 19:51:45 GMT
Posted To: MBS CommentaryNext week promises to be big. Even if the events don't 'agree' with each other enough to spark a major rally or sell-off, the potential is there. Due to last week's geopolitical headlines, bond markets arguabl..[read more]
|
Mortgage Rates Catch a Break Heading Into Important Week
Fri, 25 Jul 2014 18:46:00 GMT
Posted To: Mortgage Rate WatchMortgage rates were sideways to marginally lower today. Many lenders released new and improved rate sheets in the afternoon in order for the average to get better than yesterday, but even then, lenders are obviously caut..[read more]
|
Strong Reaction on Wall Street to So-So Home Builder Results
Fri, 25 Jul 2014 17:30:02 GMT
Posted To: MND NewsWireIt was a bad day on Wall Street Thursday for housing stocks. In no particular order Census Bureau data was released showing that new home sales had declined by 8.1 percent in June compared to May and that May's numbers weren't ..[read more]
|
MBS MID-DAY: Bond Markets Still at Altar Despite Yesterday's Cold Feet
Fri, 25 Jul 2014 15:56:12 GMT
Posted To: MBS CommentaryFor more than a week, bond markets have flirted with a break into the best levels of the year. On several occasions 10yr yields have looked all but wed to the idea. Such a wedding would take place with a move through the 2.4&..[read more]
|
Big Changes at Ginnie; GSE Updates; Zillow Buying Trulia?
Fri, 25 Jul 2014 15:09:57 GMT
Posted To: Pipeline Press"Rob, you have mentioned before that you are beginning to see some companies' volumes slowing down, and maybe even some lay-offs . Is that still happening?" Yes it is. Established lenders, even those adding production units, ..[read more]
|
MBS Day Ahead: Too Much Too Soon for Bond Market Rally Ahead of Big Week?
Fri, 25 Jul 2014 11:27:02 GMT
Posted To: MBS CommentaryNext week is a big one. ADP/GDP/FOMC all hit on Wednesday. Month-End is on Thursday, and NFP is on Friday. There are other top-tier reports as well, and a Treasury auction cycle, but the named peril is more than enough eviden..[read more]
|
Mortgage Rates Rise at Fastest Pace in Weeks
Thu, 24 Jul 2014 20:10:00 GMT
Posted To: Mortgage Rate WatchMortgage rates moved higher today at the fastest pace since July 3rd as bond markets began backing away from more anxious levels associated with last week's geopolitical headlines. Such headlines (Malaysian airliner and ..[read more]
|
MBS RECAP: Week's Monotonous Trend Broken as Bond Markets Slide
Thu, 24 Jul 2014 19:59:46 GMT
Posted To: MBS CommentaryFor the past 4 sessions, bond markets have traded a narrow range near their best levels of the year. This effectively began with the geopolitical risk rally on the 17th. It's not entirely fair to say the narrow trend is o..[read more]
|
Housing Market Sending Mixed Signals -Freddie Mac
Thu, 24 Jul 2014 19:23:23 GMT
Posted To: MND NewsWireFreddie Mac said today that its Multi-Indicator Market Index or MiMi for May is sending out mixed signals to the housing market. While more markets entered their stable range of housing activity, most markets remained stalled, ..[read more]
|
