Mortgage Rates Steady at 2017 Lows
Posted To: Mortgage Rate Watch Mortgage rates held steady to start the new week. This keeps them in line with the best levels since November 2016. There were no interesting…
MBS RECAP: Was the Eclipse a Market Mover?
Posted To: MBS Commentary It's a good thing financial media outlets aren't too shy about covering topics outside the financial sphere because without the eclipse, there would have been nothing…
Power of Attorney Changes by State; Tweak LIBOR Rather Than Eliminate?
Posted To: Pipeline Press From LOs to investors, no matter the real estate market, the story is the same: “Loosen up the credit guidelines all you want, but if there’s…
Home Price Gains Slow on FHFA Index
Posted To: MND NewsWire The Federal Housing Finance Agency (FHFA) reported on Tuesday that home prices were up in 48 states and the District of Columbia during the second quarter…
MBS Day Ahead: What’s a Pivot Point? Which One to Watch?
Posted To: MBS Commentary We have a dedicated primer on pivot points here . But let's look at a timely example with the pivot points we've been tracking in recent…
Mortgage Rates Nominally Higher, But Still Near Long-Term Lows
Posted To: Mortgage Rate Watch Mortgage rates rose today, but by a small enough amount that it shouldn’t crush too many hopes and dreams. For all intents and purposes, rates…
MBS RECAP: With Nothing Better to Follow, Bonds Took Cues From Stocks
Posted To: MBS Commentary I'm not shy about dismissing the conventional wisdom of bond yields and stock prices following each other. We're talking about some iteration of the quintessential quip:…
Refinance Applications Continue Outperforming Purchases
Posted To: MND NewsWire The volume of refinancing applications, shored up by interest rates that remained at seven- and eight- month lows, rose for the fifth time in the last…
LO Training Product; Upcoming Events; Vendors Partnering Up
Posted To: Pipeline Press Trends? A few weeks ago, Ally offered to beat any other lender’s price. And last week 360 Mortgage Group announced a new platform that will allow…
MBS Day Ahead: Bonds Trying to Turn Recent Floor Into a Ceiling
Posted To: MBS Commentary Coincidentally, yesterday's Day Ahead talked about "pivot points." Now today, we see a prime example of a pivot point in action. Although I labeled it as…
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