MBS Day Ahead: Plenty of Data, but No One Around to Trade It
Today brings a relative deluge of economic data compared to yesterday. Reports include Durable Goods, Case-Shiller Home Prices, New Home...
FHA Premium Cut not about the GSEs
Julian Castro, Secretary of Housing and Urban said today that the reduction of FHA annual premiums has nothing to do with competition...
Nitty-Gritty on the HUD & FHA Changes and How Lenders are Handling Them
One never knows what will cause mass hysteria. Maybe the storm hitting the Northeast? I doubt Ocwen's troubles will cause it, but the...
MBS Day Ahead: Bond Markets Set up Technical Defenses After ECB Whipsaw
It would be nice if yesterday's European Central Bank announcement had come with an instruction manual that let markets know how to react...
Cost of Living Increase on VA Benefits Will be 1.7% in 2015
Based on the Cost of Living Adjustment (COLA) announced by Social Security, the U.S. Department of Veterans Affairs will increase...
MI Update; Eminent Domain Info; MBA Wants You to Write to CFPB re: Rate Checker
A new JPMorgan Chase report indicates that summer jobs for young adults have significantly declined. Less than half of young people (46%)...
Residential Construction Tepid in December but Gained Ground in 2014
December's numbers for residential construction were mixed when compared to November, but all were better than the monthly figures the...
Mortgage Rate Update The current rate borrowers were quoted on Zillow Mortgages is 3.58 percent.
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.58...
Mortgage Rate Update
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.57...
Mortgage Rates Bounce Slightly Higher off Long-Term Lows
Mortgage rates pulled back to slightly higher levels today as broader markets underwent a correction from relatively frenzied movement...
