[Part 1] [Part 2] [Part 3] [Part 4] [ Return to the blog ] A couple final thoughts... Lenders release rates at different times. They have different mentalities when it comes to pricing. I comment on MBS, not on particular lenders. What your lender does can vary greatly from what is available them on...
[Part 1] [Part 2] [Part 3] [Part 4] [ Return to the blog ] We just said that investors are paying 102% of the face value of a bond in certain cases right? So what happens if they are not interested at that price any more? No more liquidity for the mortgage market. So how do you combat this? In a nutshell...
[Part 1] [Part 2] [Part 3] [Part 4] [ Return to the blog ] Deciphering the Greek Now that there are graphs and MBS prices posted periodically, we've received numerous questions about the significance of the data. This is intended to be a brief companion to the daily mortgage rate analysis that will...
I can't decide what was more troublesome yesterday: the comically uninformed questions put to Big Ben regarding mortgage rates, or the comically inaccurate article printed by CNBC on the same subject. Whatever the case, the media is awash with analysts, experts, officials, and laypersons offering rather...
On CNBC Tuesday morning Warren Buffett announced that he has offered to help out three bond insurers by offering a second level of insurance on as much as $800 billion in municipal bonds. The three companies , Ambac Financial Group, Inc., MBIA Inc., and Financial Guaranty Insurance Company have gotten...