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The day begins with the December rally gathering steam, or at least maintaining the surprisingly strong levels achieved yesterday afternoon. Yields continue pushing back into the high 2% territory that they blew through on the way up back in Se...
MBS Commentary
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The day begins with the December rally gathering steam, or at least maintaining the surprisingly strong levels achieved yesterday afternoon. Yields continue pushing back into the high 2% territory that they blew through on the way up back in Se... (read more)
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Housing News
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It is often billed as the most important and consequential financial decision a household can makes, so it probably follows that buying a home should not be a quick one. Findings from the National Association of Home Builders' (NAHB's) Housing Trends... (read more)
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Housing News
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While their behavior thus far doesn't do much to validate it, a survey by Bank of America (BoA) finds that Millennials put a high priority on homeownership . In fact, among members of that generation responding to the company's 2018 Homebuyer Insight... (read more)
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Rob Chrisman
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Thinking about locking a loan tomorrow during the National Day of Mourning for George Bush? With the bond markets closed, plenty of mandatory execution desks, like Wells Fargo’s, will be closed. Check with the specific investor regarding best e... (read more)
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Mortgage Rate Watch
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Mortgage rates didn't really improve today for the average lender, but they did manage to hit the lowest rates in 2 months on a technicality. The reason for this is simple. There was a big gap between the rates seen on October 2nd and October 3rd. Ra... (read more)
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MBS Commentary
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I don't think candlestick patterns can predict the future, but a few of them offer quick and easy ways to convey a certain theme in the market. One of the clearest patterns is the "engulfing pattern." This happens when today's candl... (read more)
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