Builders have tied their 32-year old record for confidence as measured by the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The Index,
Mortgage rates managed to improve modestly for the average lender today, but they remain significantly higher than they were before last week’s regulatory drama. By
Mortgage Market Looking For a Better Week For Two Reasons Last week was unpleasant in the mortgage world, to say the least. Rates suffered a
Last week was unpleasant in the mortgage world, to say the least. Rates suffered a double whammy due to the surprise 50bp LLPA on refis
Two entities, Black Knight and the Mortgage Bankers Association (MBA) have been tracking loans in forbearance plans since the start of the pandemic. They have
Boring Day For Bonds, But Tension Remains For Mortgages Rates continued reeling (depending on the lender) from the G-fee hike announced late Wednesday, but bonds
Mortgage Rates Are Not 1.99%. In Fact They’re Back Over 3% Some mortgage companies have generated buzz by advertising 30yr fixed rates of 1.99%. While
First thing’s first, any conversation about rates in a mortgage market context would be incomplete without considering this week’s regulatory drama. Specifically, FHFA just more
At face value, the bonds that underlie the mortgage market didn’t sustain too much damage today. If there was nothing else to inspire lender rate
At face value, the bonds that underlie the mortgage market didn’t sustain too much damage today. If there was nothing else to inspire lender rate