Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
# of Visitors Per Month
Select a Date
Use the calendar to view news headlines from a specific date.
Today  |  Yesterday  |  Random
Bottom Right Default
State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj
Suggest a Story
Paste the URL of the story below to submit for editorial review and possible inclusion in ATW.
Please add 8 and 8 and type the answer here:
Leave this field blank.
What is Around the Web?
It is a continuously updated stream of news from around the web
Visit throughout the day for the latest breaking news.
» Click any link below to read more.
  • Mon, Jan 14 2019
  • 4:06 PM » Clarida reinforces Fed's mantra of US policy patience
    Published Mon, Jan 14 2019 4:06 PM by CNBC
    The Federal Reserve is set to take a "patient" approach to policy decisions this year given there is good U.S. economic momentum but also a slowdown overseas, Fed Vice Chairman Richard Clarida said in a television interview on Monday.
  • 2:45 PM » IRS Reopens Key Program for Mortgage Loans
    Published Mon, Jan 14 2019 2:45 PM by
    The Trump administration revived a program that is key to home lending, after the partial government shutdown could force lenders to delay loan closings. The post IRS Reopens Key Program for Mortgage Loans appeared first on Real Estate News & Insights |® .
    Click Here to Read the Full Article

  • 1:26 PM » Fed: Q3 2018 Household Debt Service Ratio at Series Low
    Published Mon, Jan 14 2019 1:26 PM by Calculated Risk Blog
    The Fed's Household Debt Service ratio through Q3 2018 was released last week: Household Debt Service and Financial Obligations Ratios . I used to track this quarterly back in 2005 and 2006 to point out that households were taking on excessive financial obligations. These ratios show the percent of disposable personal income (DPI) dedicated to debt service (DSR) and financial obligations (FOR) for households. Note: The Fed changed the release in Q3 2013. The household Debt Service Ratio (DSR) is the ratio of total required household debt payments to total disposable income. The DSR is divided into two parts. The Mortgage DSR is total quarterly required mortgage payments divided by total quarterly disposable personal income. The Consumer DSR is total quarterly scheduled consumer debt payments divided by total quarterly disposable personal income. The Mortgage DSR and the Consumer DSR sum to the DSR. This data has limited value in terms of absolute numbers, but is useful in looking at trends. Here is a discussion from the Fed: The limitations of current sources of data make the calculation of the ratio especially difficult. The ideal data set for such a calculation would have the required payments on every loan held by every household in the United States. Such a data set is not available, and thus the calculated series is only an approximation of the debt service ratio faced by households. Nonetheless, this approximation is useful to the extent that, by using the same method and data series over time, it generates a time series that captures the important changes in the household debt service burden. Click on graph for larger image. The graph shows the Total Debt Service Ratio (DSR), and the DSR for mortgages (blue) and consumer debt (yellow). The overall Debt Service Ratio decreased in Q3, and is at a new series low.  Note: The financial obligation ratio (FOR) also decreased in Q3. The DSR for mortgages (blue) is also at a series low. ...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 11:30 AM » Gundlach's warning on 'ocean of debt' adds to worries over corporate bonds
    Published Mon, Jan 14 2019 11:30 AM by CNBC
    Jeffrey Gundlach, founder of DoubleLine Capital, said in a warning published over the weekend that the debt load is about to become a bigger problem. "We are talking about the creation of an ocean of debt," Gundlach told Barron's in a roundtable discussion
  • 10:29 AM » Janet Yellen says it's 'very possible' the Fed has made its last rate hike of this cycle
    Published Mon, Jan 14 2019 10:29 AM by CNBC
    The Federal Reserve already could be at the end of its rate-hiking cycle, Janet Yellen, former central bank Chair Janet Yellen said Monday.
  • 9:17 AM » Economic uncertainty has prompted some retailers to put plans on hold, Yellen says
    Published Mon, Jan 14 2019 9:17 AM by CNBC
    Janet Yellen, the former chair of the Federal Reserve System, made the comments Monday during the National Retail Federation's annual Big Show in New York.
  • 8:03 AM » Fintech firms want to shake up banking, and that worries the Fed
    Published Mon, Jan 14 2019 8:03 AM by Reuters
    The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.
  • 8:02 AM » The 10-year yield just entered a death cross, and that could be a breaking point for bond market
    Published Mon, Jan 14 2019 8:02 AM by CNBC
    Bond bulls take note: Treasury yields are moving lower, and according to one technical indicator, the slide may only just be getting started.
Did you know?
You can see a list of all comments on MND by clicking the 'Read the Latest Comments' option under the 'Community' menu.

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.63%
  • |
  • 15 Yr FRM 4.19%
  • |
  • Jumbo 30 Year Fixed 4.40%
MBS Prices:
  • 30YR FNMA 4.5 103-11 (-0-02)
  • |
  • 30YR FNMA 5.0 104-23 (-0-03)
  • |
  • 30YR FNMA 5.5 105-22 (-0-08)
Recent Housing Data:
  • Mortgage Apps 0.03%
  • |
  • Refinance Index -0.10%
  • |
  • Purchase Index 0.12%