Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
Mortgage rates enjoyed a pleasantly flat week despite some volatility in the underlying bond market. The day-to-day changes in Treasuries and Mortgage-Backed-Securities (MBS) were noticeable, but they all took place inside the range of values seen last Wednesday on Fed day. In other words, the bond market (which dictates rates) digested the Fed's message and is now waiting for the next shoe to drop. When it does, we're highly likely to see the current range give way to the next bout of strong momentum. The shoe in question is next week's economic data. After all, the Fed's message last week was that it was prepared to cut rates if the economic data justified it. Next week contains several of the most important economic reports in the monthly rotation, including the all-important jobs report
Mortgage Rate Watch
|
|
Mortgage rates enjoyed a pleasantly flat week despite some volatility in the underlying bond market. The day-to-day changes in Treasuries and Mortgage-Backed-Securities (MBS) were noticeable, but they all took place inside the range of values seen la... (read more)
|
|
MBS Commentary
|
|
Bonds were perfectly unchanged to start the day after the smallest amount of overnight movement we've seen all week. This is a palpable reminder that this week has indeed been all about coming to terms with the post-Fed range and preparing fo... (read more)
|
|
Rob Chrisman
|
|
VA lenders are talking about the “cap” being removed as the Department of Veterans Affairs can now back loans that exceed the conforming loan limit. President Trump signed the Blue Water Navy Vietnam Veterans Act which allows homebuyers t... (read more)
|
|
Housing News
|
|
A household's decision between buying a home and renting one is being increasingly determined by its student loan debt and childcare cost burdens according to results of a Freddie Mac survey of renters and homeowners. The survey of 4,000 households s... (read more)
|
|
Housing News
|
|
Pending home sales got back on track in May , increasing by 1.1 percent after a 1.5 percent setback in April. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI), a measure of newly signed contracts for home purch... (read more)
|
|
Housing News
|
|
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 7.5 percent in May , increasing from 6.2 percent the previous month. The portfolio balance at the end of the period was $2.230 trillion compared to $2... (read more)
|
|
|
|
|