Mortgage News
Jan 25, 2021
Refinances continue to dominate originations in January at a rate of 60%, which is slightly down at 1% from November but still up from 46% at t...
Jan 20, 2021
Despite strong housing demand and low mortgage rates, new homes are exacerbating affordability problems. Builders are struggling with material ...
Jan 18, 2021
Covid remains the main driving force behind market trends. That's generally been great for interest rates, but it means rates could g...
Jan 15, 2021
New forbearance plans went up by 10,000 from last week but still lower than the weekly average of 32,000 we saw in December because many of the...
Jan 13, 2021
With yesterday's push back against the recent sell-off, today becomes one of three essential days in establishing a ceiling for bond yields...
Jan 11, 2021
Traders are looking for clues as to how the Fed will taper asset purchases. This week we’re also expecting the Biden stimulus proposal to...
Jan 08, 2021
With the Democrats controlling the Senate, a bigger stimulus is expected and will likely push rates higher. But we must keep in mind the c...
Jan 06, 2021
The share of loans in forbearance remained nearly unchanged in the last two weeks of 2020, continuing the trend of hovering around 5.5% over th...
Jan 04, 2021
At a seasonally adjusted rate of $341.506 billion, single-family construction spending was up 2.7% from the previous month and 18.1 % higher th...
Dec 30, 2020
The housing market is swift this winter with listed homes going under contract at speeds of less than a month. This is due to a backlog of buye...
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