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Mortgage News

Bonds lost ground today.  10yr yields were up roughly 4bps and MBS did better, losing only about an eighth of a point.  That ma...
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Average mortgage rates crept up again since Friday which was disappointing after Thursday’s small but welcomed drop. So far, it appears t...
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This week’s bond market has been one of the most compelling selling sprees post-covid. A bounce is coming, to be sure, but it's still...
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When it comes to new constructions, demand conditions remain steady due to low mortgage rates and the suburban shift. However, we expect to see...
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The National Association of Home Builders is expecting a weak multifamily construction market in 2021 driven by regulatory and supply dynamics ...
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About 25% of all active forbearance plans are scheduled to reach their 12-month expiration in March. Another 15% will expire in April. These nu...
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The greatest improvement last month was to FHA and VA loans. 12,000 loans in the  Fannie Mae and Freddie Mac portfolios left forbearance. ...
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Mortgage Rates did well last week, with most lenders getting close to long-term lows by Wednesday.  However, volatility in the bond market...
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Pending home sales contracts have declined during recent months, but likely due to having too few homes for sale. There’s a high demand f...
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The Federal Reserve held its benchmark interest rate secured near zero at the conclusion of its two-day meeting Wednesday. They also stated tha...
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