Mortgage News
Nov 09, 2021
Bonds lost ground today. 10yr yields were up roughly 4bps and MBS did better, losing only about an eighth of a point. That ma...
Feb 22, 2021
Average mortgage rates crept up again since Friday which was disappointing after Thursday’s small but welcomed drop. So far, it appears t...
Feb 19, 2021
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...
Feb 17, 2021
When it comes to new constructions, demand conditions remain steady due to low mortgage rates and the suburban shift. However, we expect to see...
Feb 12, 2021
The National Association of Home Builders is expecting a weak multifamily construction market in 2021 driven by regulatory and supply dynamics ...
Feb 10, 2021
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...
Feb 05, 2021
The greatest improvement last month was to FHA and VA loans. 12,000 loans in the Fannie Mae and Freddie Mac portfolios left forbearance. ...
Feb 01, 2021
Mortgage Rates did well last week, with most lenders getting close to long-term lows by Wednesday. However, volatility in the bond market...
Jan 29, 2021
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...
Jan 27, 2021
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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Lisa Stepp
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