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Real Estate News |
Getting Back to Normal, For a Few Days Anyway
Fri, 22 Nov 2024 21:26:53 GMT
Getting Back to Normal, For a Few Days Anyway After a decidedly abnormal 6 weeks beginning in early October, bonds began to calm down last week. This offered some hope that the brisk volatility and selling ..[read more]
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A Refreshingly Boring Week For Mortgage Rates
Fri, 22 Nov 2024 20:01:00 GMT
Starting in early October, mortgage rates experienced significant volatility, meaning the average day over day change was much bigger than normal. While the term "volatility" technically allows for larger-than-normal moves in either direction, ..[read more]
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Evidence Continues For The Sideways Slide
Fri, 22 Nov 2024 17:03:09 GMT
The bond market has been forced to take the victories that are within reach. As November winds down, the best victory we could have hoped for was the absence of any additional defeat. This has been a perfectly successful week in that rega..[read more]
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eRESI Capital Infusion, Warehouse Mgt. Tool; Fannie's Forecast and Freddie's Repurchase Alternative
Fri, 22 Nov 2024 16:48:47 GMT
Want a house for a dollar? Italy has them' figure out the impact on comps for appraisals! To the best of my knowledge, my cat Myrtle never lived in Italy before she was adopted, or even traveled there. Plenty of people will be traveling places during..[read more]
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Another Flat Day, This Time With Data
Thu, 21 Nov 2024 21:52:19 GMT
Another Flat Day, This Time With Data While it would be an overstatement to say that bonds have fully outgrown the phase of volatility that's dominated October and early November, it's not unfair to say that vola..[read more]
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Calmer Trend Continues For Mortgage Rates
Thu, 21 Nov 2024 21:26:00 GMT
They may not be low. In fact, they may still be a lot higher than you want, but at least they haven't been too volatility this week. For the 7th day in a row, the top tier, conventional 30yr fixed mortgage rate ended the day in the same n..[read more]
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Uncommon Pattern Emerging in Existing Home Inventory
Thu, 21 Nov 2024 20:53:00 GMT
As you may have gleaned from our coverage of new home sales, construction, builder confidence, and mortgage apps recently, there are only so many ways to describe the same phenomenon. Today's report on October's Existing Home Sales from the Nat..[read more]
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Bonds Giving Up Early Gains, But Not Due to Data
Thu, 21 Nov 2024 17:13:56 GMT
It's been a bit of a chaotic morning so far, but in a narrow enough range to make it relatively boring in the bigger picture. Bonds began the day in slightly stronger territory and managed to improve a bit more after the 8:30am econ data. ..[read more]
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Correspondent, Appraisal Waiver, Loan Sales, Fee Collection Tools; Primer on MBS Classes; Non-Agency News
Thu, 21 Nov 2024 16:55:03 GMT
This morning I head from Columbia, MO ("COMO'' big thumb's up for Sophia's Italian) to Kansas City for the KC MBA luncheon. I have seen very few Teslas on the road. "Bill Gates and Elon Musk should team-up and make a medicine to treat erectile dysfun..[read more]
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Mortgage Rates Have Been Much Calmer, But They're Still High
Wed, 20 Nov 2024 21:22:00 GMT
Remember October and the first part of November--not because of the election, but rather because of the relentless rise in mortgage rates? Would you rather forget? You're not alone. It was the fastest rate spike since 2022, and it w..[read more]
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