Mortgage Apps Tumble as Rates Surge; New Home Sales Still Strong
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Email to Clients or Colleagues You can email any report to a client or colleague by clicking this ‘Email’ link. As a registered user the
As of today, you’d have to go back to June 2020 to see higher mortgage rates. This is courtesy of an ongoing move in the
Is It Another Trap and Which Coupon Do I Watch Now? Yesterday’s bond market resilience offered hope for a bounce, but those hopes were crushed
MBS Day Ahead: It Was a Trap… Don’t Expect Stocks to Save Us Yesterday saw yields hold at just slightly lower highs on an intraday
Both the S&P CoreLogic Case-Shiller and The Federal Housing Finance Agency (FHFA) report that the country ended the year with more than a 10 percent
Glimmer of Hope in Bonds, But It Might Be a Trap Bonds started the day in roughly unchanged territory and promptly began tanking. This was
Posted To: MBS Commentary In the past few weeks–and especially the past few days–we've seen a sharp spike in MBS yields relative to Treasury yields.
Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn’t go any higher, they did. New intraday highs of 1.394%
There are still 4 business days left in the month of February and thus still 4 days for the bond market to undergo an epic
Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn’t go any higher, they did. New intraday highs of 1.394%