Does staging really work? That was among the home buying and selling topics covered in a new survey from the National Association of Realtors® (NAR) and the answer appears to be "yes." Eight-two percent of buyers' agents said home staging made it easier for a buyer to visualize the property as a future home. Staging also appears to increase how much buyers were willing to spend for a property. Twenty-three percent of buyers' agents said that home staging raised the dollar value offered between 1 percent and 5 percent compared to similar homes on the market that hadn't been staged. The response from sellers' agents was nearly identical, with 23 percent reporting a 1 percent to 5 percent price increase on offers for staged homes and 18 percent ellers' agents putting the increase between 6

April 7, 2021 Download our Mobile App: Download our Mobile App: Rob Chrisman AE, MLO Jobs; Subservicing, Workflow, Marketing, Processing Tools; FHA News; Events This Week Does the CFPB have jurisdiction of all mortgage-related agencies, borrowers, and servicers? We’ll see, as yesterday, and this proposal should not come as a surprise to any mortgage servicer, the Consumer Financial Protection Bureau issued a pro... (read more) Housing News Realtors Say Staging a Home Increased Offered Prices, Cut Marketing Time Does staging really work? That was among the home buying and selling topics covered in a new survey from the National Association of Realtors® (NAR) and the answer appears to be "yes." Eight-two percent of buyers' agents said home staging made it... (read more) Housing News Home Price Surge Seen Slowing After Record Run CoreLogic's February Home Price Index (HPI) essentially echoed that the price report last week from Black Knight. The company said that its index recorded its highest annual growth since 2006 at 10.4 percent. Demand continues to clash with an histori... (read more) Housing News Despite Pandemic, Homeowners View Housing as a Good Investment Fannie Mae says results from its fourth quarter 2020 National Housing Survey show that consumers continue to view homeownership as a good investment. Respondents were asked about various investment types, including stocks, bonds, homes, and savings a... (read more) Mortgage Rate Watch Another Decent Day For Mortgage Rates Mortgage rates have been trying to find a ceiling in the past 3 weeks after rising at the quickest pace in years. That search seemed to be going well until late last week when rates failed to break below the floor that's blocked other recent attempts... (read more) MBS Commentary MBS Live Recap: No Reaction to Fed Minutes (Or Anything Else For That Matter) No Reaction to Fed Minutes (Or Anything Else For That Matter) It's been a light week in terms of scheduled data and events with the power to motivate bond market volatility.  Today wasn't much of an exce... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.79% +0.02% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.79% +0.02 0.00 15 Yr. Fixed 5.99% +0.01 0.00 30 Yr. FHA 6.30% +0.02 0.00 30 Yr. Jumbo 6.87% 0.00 0.00 7/6 SOFR ARM 6.33% -0.06 0.00 30 Yr. VA 6.31% +0.02 0.00 Updates Daily - Last Update: 7/10 15 Yr. Fixed Rate 5.99% +0.01% Rate Change Points Freddie Mac 30 Yr. Fixed 6.72% +0.05 0.00 15 Yr. Fixed 5.86% +0.06 0.00 Updates Weekly - Last Update: 7/10 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.77% -0.02 0.62 15 Yr. Fixed 6.04% -0.02 0.63 30 Yr. Jumbo 6.69% -0.09 0.65 Updates Weekly - Last Update: 7/9 MBS / Treasuries UMBS 30YR 5.5 99.55 -0.01 Price / Yield Change MBS UMBS 5.5 99.55 -0.01 UMBS 6.0 101.33 -0.03 GNMA 5.5 99.84 +0.00 GNMA 6.0 101.37 -0.01 Pricing as of: 7/11 3:08AM EST 10 Year US Treasury 4.3582 +0.0114 Price / Yield Change US Treasury 2 YR Treasury 3.874 -0.003 5 YR Treasury 3.938 +0.003 7 YR Treasury 4.132 +0.005 10 YR Treasury 4.360 +0.013 30 YR Treasury 4.883 +0.013 Pricing as of: 7/11 3:08AM EST Latest Video Economic outlook brightened significantly thanks to vaccines and fiscal sup... Two experts break down the Fed's March minutes Fed's March minutes: Economy far from achieving employment goals Inflation will keep ticking higher, says market strategist Around the Web Reuters S&P edges up in wake of Fed minutes CNBC Biden willing to negotiate on corporate tax rate, but says inaction not an option on infrastructure CNBC Fed officials expect it will be 'some time' before it starts tightening policy, minutes show Federal Reserve Fed Minutes: Full Text Calculated Risk Blog Northwest Real Estate in March: Sales up 16% YoY, Inventory down 56% YoY Reuters S&P 500, Dow tick higher ahead of Fed minutes CFPB CFPB Proposes Delay of Effective Date for Recent Debt Collection Rules Calculated Risk Blog Some thoughts on increasing the Homeowner Housing Supply in the Short Term CNBC Bankers talk of being sold out as London waits for its own Brexit deal with Brussels Calculated Risk Blog Trade Deficit Increased to $71.1 Billion in February CNBC Mall vacancies jump at fastest pace on record, hitting new high, as retailers cull store counts Reuters S&P 500 resumes record run on economic rebound hopes Reuters Wall Street takes a breather, Treasury yields dip as eyes turn to Fed

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