Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
33,878
# of User Comments
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 2 and 2 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.
  • Thu, Mar 22 2018
  • 10:57 AM » BOE Keeps Interest Rate Unchanged as Minority Urges Hike
    Published Thu, Mar 22 2018 10:57 AM by Bloomberg
    Bloomberg BOE Keeps Interest Rate Unchanged as Minority Urges Hike Bloomberg The Bank of England moved closer to raising interest rates as early as May after keeping the benchmark unchanged on Thursday. The Monetary Policy Committee voted 7-2 to hold the rate at 0.5 percent. All 62 economists in a Bloomberg survey predicted no ... and more »
  • 10:35 AM » Leading indicators up 0.6% in February, vs. expectations for 0.4% gain
    Published Thu, Mar 22 2018 10:35 AM by CNBC
    It would be the fourth straight month of gains for the index.
  • 10:22 AM » Rents are rising at the fastest pace in almost two years
    Published Thu, Mar 22 2018 10:22 AM by CNBC
    After slowing for two years, rents are on the rise again. Potential homebuyers are having trouble finding something they can afford, and are thus renting longer.
  • 10:09 AM » Mortgage Rates Hold Steady After Last Week's Drop
    Published Thu, Mar 22 2018 10:09 AM by freddiemac.mwnewsroom.com
    Mortgage Rates Hold Steady After Last Week's Drop
    Click Here to Read the Full Article

    Source: freddiemac.mwnewsroom.com
  • 8:35 AM » Bank of England keeps interest rates on hold as traders eye a May hike
    Published Thu, Mar 22 2018 8:35 AM by CNBC
    The BOE kept its main interest rate unchanged Thursday, amid lower-than-expected inflation figures and modest improvements to wage increases.
  • 8:04 AM » Can Fannie and Freddie Provide a Jolt to Buyers Desperate for Affordable Housing?
    Published Thu, Mar 22 2018 8:04 AM by www.realtor.com
    Fannie Mae and Freddie Mac are helping more folks purchase rural and manufactured housing, and preserving the limited stock of affordable abodes. The post Can Fannie and Freddie Provide a Jolt to Buyers Desperate for Affordable Housing? appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • Wed, Mar 21 2018
  • 5:23 PM » Central Banks Are Raising Rates at Fastest Pace Since 2011, Deutsche Bank Says
    Published Wed, Mar 21 2018 5:23 PM by Bloomberg
    Bloomberg Central Banks Are Raising Rates at Fastest Pace Since 2011, Deutsche Bank Says Bloomberg Global central banks are delivering interest-rate increases at the fastest pace since 2011, according to Deutsche Bank AG. With the Federal Reserve set to raise its benchmark on Wednesday for the first time in 2018, Craig Nicol, a London-based macro ... and more »
  • 5:22 PM » Bill Gross: The Fed won't be able to hike rates as high as they'd like
    Published Wed, Mar 21 2018 5:22 PM by CNBC
    Bill Gross says he is amazed bonds didn't react more significantly to the latest Fed rate hike path.
  • 5:22 PM » You'll Never Guess Where Millennials Are Getting the Most Mortgages Now
    Published Wed, Mar 21 2018 5:22 PM by www.realtor.com
    The metros with the highest share of millennial home buyers-and wannabe home buyers-were far from the hottest, and priciest, coastal cities. The post You’ll Never Guess Where Millennials Are Getting the Most Mortgages Now appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 4:13 PM » Fed hike and economic forecast seen as a double-edged sword for markets
    Published Wed, Mar 21 2018 4:13 PM by CNBC
    Markets saw the Fed's rate hike and forecasts as good in the short term for risk markets since officials did not add another rate hike this year and are more optimistic on the economy.
  • 3:07 PM » Powell says some asset prices are 'elevated' including stocks
    Published Wed, Mar 21 2018 3:07 PM by CNBC
    This week's two-day meetings of the Federal Reserve marked the first for Jerome Powell as chairman. "In some areas, asset prices are elevated relative to their historical norms," said Powell during a press conference, citing stocks as an example. Powell took over the central bank's reins from Janet Yellen, who served from 2014 until early February.
  • 2:38 PM » Fed still expects 3 rate hikes this year, but will pick up the pace in 2019
    Published Wed, Mar 21 2018 2:38 PM by CNBC
    But the U.S. central bank raised its 2019 projection, saying it sees the benchmark rate at 2.9 percent.
  • 2:33 PM » Fed hikes rates and raises GDP forecast again
    Published Wed, Mar 21 2018 2:33 PM by CNBC
    The Fed was expected to raise rates by a quarter-point at the FOMC March meeting, Jay Powell's first as chair.
  • 1:14 PM » NYDFS sends survey request to online lenders
    Published Wed, Mar 21 2018 1:14 PM by www.consumerfinancemonitor.com
    The New York Department of Financial Services has sent a letter directed to businesses that the DFS “understands may be involved in online lending in the State of New York” and that asks recipients to complete a “New York Marketplace Lending Survey” that they can access online. The letter states that the DFS is conducting the... Continue Reading
    Click Here to Read the Full Article

    Source: www.consumerfinancemonitor.com
  • 12:40 PM » What a Federal Reserve rate hike means for U.S. households
    Published Wed, Mar 21 2018 12:40 PM by Reuters
    NEW YORK (Reuters) - The effects of the expected Federal Reserve interest rate hike on Wednesday will extend beyond corporate America to household budgets.
  • 12:11 PM » AIA: "Architecture billings continue to hold positive in 2018"
    Published Wed, Mar 21 2018 12:11 PM by Calculated Risk Blog
    Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture billings continue to hold positive in 2018 The American Institute of Architects (AIA) is reporting an increase in architecture firm billings for February from its Architecture Billings Index (ABI), with several key segments showing an encouraging outlook for 2018. "We remain optimistic about the trends we're seeing at architecture firms this year with the ABI continuing to show growth in February," said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. "We saw several major bright spots reflected in February's data, as billings remained particularly strong at firms located in the West and Midwest." While the pace of growth in design activity slowed a bit in February for an ABI score of 52.0 (any score over 50 indicates billings growth), it still reflects a healthy business environment. In particular, firms with a multifamily residential or an institutional specialization continued to report extremely strong billings. ... • Regional averages: West (57.6), Midwest (54.5), South (54.4), Northeast (47.5) • Sector index breakdown: multi-family residential (56.6), institutional (53.8), commercial/industrial (51.0), mixed practice (49.7) emphasis added Click on graph for larger image. This graph shows the Architecture Billings Index since 1996. The index was at 52.0 in February, down from 54.7 in January. Anything above 50 indicates expansion in demand for architects' services. Note: This includes commercial and industrial facilities like hotels and office buildings, multi-family residential, as well as schools, hospitals and other institutions. According to the AIA, there is an "approximate nine to twelve month lag time between architecture billings and construction spending" on non-residential construction.  This index was positive in 11 of the last 12 months, suggesting a further increase in CRE investment...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 11:49 AM » Homebuyers are not bothered by higher rates or taxes, but sellers are
    Published Wed, Mar 21 2018 11:49 AM by CNBC
    Home sales jumped in February, showing buyers may not be as concerned about interest rates and taxes as previously thought.
  • 11:27 AM » US Starter Homes Are Pricier, Smaller, Older, and More Scarce
    Published Wed, Mar 21 2018 11:27 AM by Bloomberg
    Bloomberg US Starter Homes Are Pricier, Smaller, Older - and Scarcer Bloomberg Homebuyers in the U.S. have plenty to grouse about these days. Prices have climbed steeply in many metro areas, mortgage rates are rising and inventory is thin. But for people looking to purchase their first home, it's ugly out there. "Starter homes ... and more »
  • 10:34 AM » Get Ready for the Most Competitive Spring Home Buying Season Since the Great Recession
    Published Wed, Mar 21 2018 10:34 AM by www.realtor.com
    Spring is here - and with it comes the most popular time of year to shop for a home. But if prospective home buyers don't prepare properly, they could be in for an agonizing search. The post Get Ready for the Most Competitive Spring Home Buying Season Since the Great Recession appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 10:06 AM » Janet Yellen's 2014 'gaffe' is a perfect example of what Fed Chair Jerome Powell has to avoid today
    Published Wed, Mar 21 2018 10:06 AM by CNBC
    As Fed Chairman Jerome Powell gets set to deliver his first news conference Wednesday, he has a good example of what not to do from the fairly recent past.
  • 9:40 AM » ECB Faces Year of Living Uncertainly After Conclusion of QE
    Published Wed, Mar 21 2018 9:40 AM by Bloomberg
    Bloomberg ECB Faces Year of Living Uncertainly After Conclusion of QE Bloomberg The European Central Bank is on a slow walk toward concluding four years of quantitative easing, and that challenge might look easy compared with what comes next. While policy makers are comfortable with market expectations for bond purchases to end ... and more »
  • 8:38 AM » The Fed's rate hike is all but baked into the market. Here's what could surprise investors
    Published Wed, Mar 21 2018 8:38 AM by CNBC
    While a rate hike is all but certain, market watchers will be focusing on other facets of the Fed's decision.
  • 8:32 AM » Watch out for this key relationship in the bond market as the Fed makes its move Wednesday
    Published Wed, Mar 21 2018 8:32 AM by CNBC
    One market watcher says the next move on rates could indicate whether we're in for a market slowdown or worse.
  • 8:32 AM » Blackstone and Thomson Reuters Are Weighing a Tradeweb IPO or Sale
    Published Wed, Mar 21 2018 8:32 AM by Bloomberg
    Blackstone and Thomson Reuters Are Weighing a Tradeweb IPO or Sale Bloomberg Blackstone Group LP and Thomson Reuters Corp. are considering an initial public offering or a sale of their stake in the bond-trading platform Tradeweb Markets LLC, whose users and co-investors include the world's biggest banks, people with knowledge ... and more »
  • 8:32 AM » Trulia: Buyers Face Tough Spring Market As Move-In Ready Starter Homes Become Harder To Find, Pricier, Smaller, And Older
    Published Wed, Mar 21 2018 8:32 AM by info.trulia.com
    Ahead of spring house hunting season, housing inventory rose 3.3% nationally but the number of starter homes plummeted to its lowest level since 2012.
    Click Here to Read the Full Article

    Source: info.trulia.com
  • 8:31 AM » Winning Short Trade on Treasuries Faces Potential Fed Roadblock
    Published Wed, Mar 21 2018 8:31 AM by Bloomberg
    Bloomberg Winning Short Trade on Treasuries Faces Potential Fed Roadblock Bloomberg Xerion Investments' Dan Arbess discusses the Fed's dot plots, Treasuries, and U.S. and China relations. The Federal Reserve's interest-rate decision this week may halt the momentum of some recent winning trades in the Treasuries market. Open interest ... and more »
  • Tue, Mar 20 2018
  • 4:28 PM » Mortgage Equity Withdrawal slightly positive in Q4
    Published Tue, Mar 20 2018 4:28 PM by Calculated Risk Blog
    Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008. The following data is calculated from the Fed's Flow of Funds data (released yesterday) and the BEA supplement data on single family structure investment. This is an aggregate number, and is a combination of homeowners extracting equity - hence the name "MEW" - and normal principal payments and debt cancellation (modifications, short sales, and foreclosures). For Q4 2017, the Net Equity Extraction was a positive $13 billion , or a positive 0.4% of Disposable Personal Income (DPI) . Click on graph for larger image. This graph shows the net equity extraction, or mortgage equity withdrawal (MEW), results, using the Flow of Funds (and BEA data) compared to the Kennedy-Greenspan method. Note: This data is impacted by debt cancellation and foreclosures, but much less than a few years ago. MEW has been positive for 7 consecutive quarters, and 9 of the last 10 quarters.   With a slower rate of debt cancellation, MEW will likely be mostly positive going forward. The Fed's Flow of Funds report showed that the amount of mortgage debt outstanding increased by $68 billion in Q4. The Flow of Funds report also showed that Mortgage debt has declined by $0.6 trillion since the peak. This decline is mostly because of debt cancellation per foreclosures and short sales, and some from modifications. There has also been some reduction in mortgage debt as homeowners paid down their mortgages so they could refinance. For reference: Dr. James Kennedy also has a simple method for calculating equity extraction: " A Simple Method for Estimating Gross Equity Extracted from Housing Wealth ". Here is a companion spread sheet (the above uses my simple method). For those interested in the last Kennedy data included in the graph, the spreadsheet from the Fed is available here .
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 4:28 PM » Congress leaders near deal on government funding bill: senators
    Published Tue, Mar 20 2018 4:28 PM by Reuters
    WASHINGTON (Reuters) - U.S. lawmakers neared agreement on Tuesday on a massive government spending bill that Congress hopes to pass by Friday, as congressional leaders worked to narrow their differences on thorny issues such as President Donald Trump's border wall.
  • 2:06 PM » CNBC Fed Survey: Expect Higher Interest Rates And Smaller Gain For Stocks In 2018
    Published Tue, Mar 20 2018 2:06 PM by CNBC
    CNBC FED SURVEY: CNBC'S STEVE LIESMAN: EXPECT HIGHER INTEREST RATES AND SMALLER GAIN FOR STOCKS IN 2018
  • 2:05 PM » Artificial intelligence is the latest competition for real estate agents
    Published Tue, Mar 20 2018 2:05 PM by CNBC
    To sell homes, REX Real Estate Exchange's computers crunch over a hundred thousand data points to identify thousands of likely buyers and targets them with digital ads.
  • 12:54 PM » Chemical Activity Barometer Increased in March
    Published Tue, Mar 20 2018 12:54 PM by Calculated Risk Blog
    Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: In Like a Lion: Leading Economic Indicator Logs Strong Year Over Year Growth; Marks Sixth Consecutive Gain The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), expanded 0.2 percent in March on a three-month moving average (3MMA) basis, its sixth consecutive gain following the 2017 hurricanes. The barometer remains up 3.8 percent on a 3MMA compared to a year earlier . ... Applying the CAB back to 1912, it has been shown to provide a lead of two to fourteen months, with an average lead of eight months at cycle peaks as determined by the National Bureau of Economic Research. The median lead was also eight months. At business cycle troughs, the CAB leads by one to seven months, with an average lead of four months. The median lead was three months. The CAB is rebased to the average lead (in months) of an average 100 in the base year (the year 2012 was used) of a reference time series. The latter is the Federal Reserve's Industrial Production Index. emphasis added Click on graph for larger image. This graph shows the year-over-year change in the 3-month moving average for the Chemical Activity Barometer compared to Industrial Production.  It does appear that CAB (red) generally leads Industrial Production (blue). The year-over-year increase in the CAB has been solid over the last year, suggesting further gains in industrial production in 2018.
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 12:31 PM » Construction Job Openings Near Post-Recession High
    Published Tue, Mar 20 2018 12:31 PM by eyeonhousing.org
    The count of unfilled jobs in the construction sector increased in January, nearing a post-recession high set in July of 2017. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs increased to 250,000 at the start of the year. The post-recession high count of open, unfilled construction jobs... Read More ›
    Click Here to Read the Full Article

    Source: eyeonhousing.org
  • 12:19 PM » Richardson: Fed Should Offer Gradual Rate Hikes
    Published Tue, Mar 20 2018 12:19 PM by Bloomberg
    Richardson: Fed Should Offer Gradual Rate Hikes Bloomberg (Bloomberg) -- Will stronger global growth, a weaker dollar, tax reform and rebounding business investment make the economy overheat? Matt Richardson, senior corporate dealer at OFX, says that is a risk if the U.S. Federal Reserve does not offer a ...
  • 11:05 AM » Freddie Mac Makes Underwriting Mortgages for the Self-Employed More Efficient
    Published Tue, Mar 20 2018 11:05 AM by freddiemac.mwnewsroom.com
    Freddie Mac Makes Underwriting Mortgages for the Self-Employed More Efficient
    Click Here to Read the Full Article

    Source: freddiemac.mwnewsroom.com
  • 10:06 AM » New Analysis Highlights Benefits of Rent-Restricted Properties
    Published Tue, Mar 20 2018 10:06 AM by freddiemac.mwnewsroom.com
    New Analysis Highlights Benefits of Rent-Restricted Properties
    Click Here to Read the Full Article

    Source: freddiemac.mwnewsroom.com
  • 9:01 AM » US Treasury yields rise as two-day FOMC meeting begins
    Published Tue, Mar 20 2018 9:01 AM by CNBC
    U.S. government debt prices were lower on Tuesday as the Federal Open Market Committee (FOMC) prepared to start a two-day meeting.
  • 8:58 AM » Here's how much you really need to earn to take home $100,000
    Published Tue, Mar 20 2018 8:58 AM by CNBC
    This is how much you really need to take home $100,000, factoring in federal, state and local taxes plus withholdings.
  • 8:57 AM » Californians fed up with housing costs and taxes are fleeing state in big numbers
    Published Tue, Mar 20 2018 8:57 AM by CNBC
    Californians may still love the beautiful weather and beaches, but more and more they are fed up with the high housing costs and taxes and deciding to flee to lower-cost states such as Nevada, Arizona and Texas.
  • 8:57 AM » California Housing Problems Are Spilling Across Its Borders
    Published Tue, Mar 20 2018 8:57 AM by www.nytimes.com
    Reno is among several Western cities experiencing congestion and new tensions as California residents and businesses seek more affordable locations.
    Click Here to Read the Full Article

    Source: www.nytimes.com
  • 8:50 AM » Goldman Warns Returns Are Dropping Fast
    Published Tue, Mar 20 2018 8:50 AM by Bloomberg
    Bloomberg Goldman Warns Returns Are Dropping Fast Bloomberg Treasury bears may be in hibernation and the February equity rout behind them, but investors had better get used to lackluster returns. So say Goldman Sachs Group Inc. strategists who warn higher volatility will sap equity gains while bonds lose their ... and more »
« First ... < Previous 6 7 8 9 10 Next > ... Last »
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 4.58%
  • |
  • 15 Yr FRM 3.95%
  • |
  • Jumbo 30 Year Fixed 4.59%
MBS Prices:
  • 30YR FNMA 4.5 103-27 (-0-11)
  • |
  • 30YR FNMA 5.0 106-03 (-0-06)
  • |
  • 30YR FNMA 5.5 108-00 (-0-11)
Recent Housing Data:
  • Mortgage Apps -1.15%
  • |
  • Refinance Index -2.64%
  • |
  • Purchase Index 5.06%