Fri, May 31 2019, 1:32 PM
Toll Brothers is embarking on a new business model that may, depending on your outlook, increase the rental stock, provide new opportunities for home ...
Fri, May 31 2019, 10:38 AM
The National Association of Home Builders (NAHB) is introducing the latest in a series of indices it has employed to measure housing within a broader ...
Fri, May 31 2019, 9:09 AM
Congress has become adept at kicking the can down the road, the latest example being, for the 11th time, passing a two-week extension for the National...
Fri, May 31 2019, 8:34 AM
In the day just past, bonds traded an "outside day" (high and low yields of the day fell OUTSIDE the highs and lows from the previous day). This sign...
Thu, May 30 2019, 4:00 PM
Mortgage rates were mixed today, with some lenders holding steady while others offered mid-day improvements in response to strong performance in the b...
Thu, May 30 2019, 10:24 AM
April's pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead. The Nationa...
Thu, May 30 2019, 9:27 AM
In the day just past, bonds started out in stronger territory only to lose ground by the closing bell. This wasn't necessarily destined to be the cas...
Thu, May 30 2019, 9:01 AM
My cat Myrtle’s direct exposure to the falling stock market is minimal. Mine, however, has become a sense of concern as I watch the value of my holdin...
Wed, May 29 2019, 5:05 PM
The bond market started the day off in much stronger territory after solid overnight gains. These could be viewed as a factor of weak equities market...
Wed, May 29 2019, 4:44 PM
Mortgage rates fell again today, just barely inching to the lowest levels since early 2018 . Keep in mind, that factoid is based on an average of mult...
Wed, May 29 2019, 9:33 AM
"The face of America is changing, and the housing market is changing along with it. If the mortgage market doesn't keep up, the nation's economy will ...
Wed, May 29 2019, 9:28 AM
Lenders ask themselves, “Would you fund loans where people cannot buy or sell houses because they can’t check, or record, liens?” Probably not, and th...
Wed, May 29 2019, 9:26 AM
In the day just past, bonds extended a rally that was called into question by last Friday's narrow, sideways trading day. Credit was primarily due to...
Wed, May 29 2019, 8:12 AM
Mortgage application volume declined during the week ended May 24, more than reversing a 2.4 percent increase a week earlier. Both refinancing and pur...
Tue, May 28 2019, 5:53 PM
Bonds rallied sharply today on a combination of factors that are debatable in their direct bond market implications. In a general sense, European bon...
Tue, May 28 2019, 5:20 PM
The world of mortgage rate analysis is both simple and complicated . On a simple note, rates are near long-term lows and they'll generally continue to...
Tue, May 28 2019, 11:53 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.2 percent in April, declining from 8.0 percent t...
Tue, May 28 2019, 11:49 AM
Both the S&P Dow Jones Indices and home price indicators from the Federal Housing Finance Agency (for March continue to show slowing appreciation alth...
Tue, May 28 2019, 9:59 AM
In the week just past, bonds threw a vicious head-fake. After 2 weeks spent moving lower inside a well-established trend, yields looked to be breakin...
Tue, May 28 2019, 9:28 AM
First off, best wishes to Quicken Loans’ owner Dan Gilbert who was hospitalized Sunday after experiencing stroke-like symptoms. As the lending industr...
Fri, May 24 2019, 5:53 PM
Today's headline could just as easily serve as the entire recap. By the time we get past the fact that Durable Goods came out much weaker than expect...
Fri, May 24 2019, 2:52 PM
Mortgage rates fell again today as mortgage lenders got caught up with yesterday's market movements. Mortgage rates are based on bond market trading l...
Fri, May 24 2019, 10:36 AM
There probably hasn't been a report on home sales or prices in the last four years that hasn't referred to the role of housing inventory in the depres...
Fri, May 24 2019, 9:03 AM
The Memorial Day weekend... Wasn’t it just Christmas? Let’s wrap up what’s on the front burner for execs at the MBA’s Secondary Conference as we see t...
Fri, May 24 2019, 8:52 AM
In the day just past, both stocks and bonds too part in a big risk-off trading pattern (stock prices and bond yields moving lower). Inspiration came ...
Thu, May 23 2019, 5:49 PM
Both stock prices and bond yields moved sharply lower today for a combination of reasons. Trade tensions are ongoing, with visible effects being in...
Thu, May 23 2019, 5:28 PM
Mortgage rates dropped quickly today as global financial markets underwent a volatile shift. When money is flowing out of stocks and into bonds (as it...
Thu, May 23 2019, 10:46 AM
After three straight months of gains, April's new home sales were expected to give back a little and they did. The U.S. Census Bureau said sales of ne...
Thu, May 23 2019, 9:12 AM
In the day just passed, bonds rallied somewhat sharply as headlines suggested Theresa May was soon to be ousted as Britain's prime minister. Is it po...
Thu, May 23 2019, 9:09 AM
As millions around the globe revel in World Turtle Day, others are more interested about what went on the hallway chatter at the MBA’s Secondary Confe...
Thu, May 23 2019, 8:16 AM
The Urban Institute (UI) is urging the Consumer Financial Protection Bureau (CFPB) to rethink its plans for Home Mortgage Disclosure Act (HMDA) report...
Thu, May 23 2019, 8:11 AM
If you stuffed the old certificates in your sock drawer ten years ago, it may be time to dig them out. Mark Calabria, the new director of the Federal ...
Wed, May 22 2019, 5:11 PM
Last we checked, it was going to be October before Brexit had its next hard deadline. So it was quite the back burner sort of market mover this week-...
Wed, May 22 2019, 4:53 PM
Mortgage rates moved higher at a pace that was probably quicker than the average homebuyer would like yesterday . That was part of a 4 day move leadin...
Wed, May 22 2019, 9:18 AM
In the day just past, bonds continued moving higher in yield, adding distance between themselves and the unexpectedly low levels seen during the trade...
Wed, May 22 2019, 8:18 AM
What’s going on behind the scenes and in the rumor mill at the MBA’s Secondary Conference? There is derision about HUD’s Ben Carson not knowing what T...
Wed, May 22 2019, 8:11 AM
While calling the recent report on real gross domestic product (GDP) the strongest first quarter in four years, Fannie Mae's Economic and Strategic Re...
Wed, May 22 2019, 8:04 AM
Refinancing rose to the surface yet again, driving the gain in mortgage applications during the week ended May 17. The Mortgage Bankers Association (M...
Tue, May 21 2019, 5:11 PM
Bonds have been threatening to end their pleasantly surprising stint of gains over the past few weeks on each of the past 4 business days. Yesterday'...
Tue, May 21 2019, 4:50 PM
Mortgage rates had a fairly decent day yesterday as far as most lenders are concerned. A few lenders saw fit to bump rates up in the afternoon followi...
Tue, May 21 2019, 4:48 PM
This one might smart a bit. There were big hopes for home sales in April, with interest rates continuing at unexpectedly low levels, unemployment at a...
Tue, May 21 2019, 10:46 AM
With interest rates remaining at 2019 lows and spring market home sales kicking in, the rate of prepayments continues to rise. Black Knight, in its "f...
Tue, May 21 2019, 9:33 AM
What’s the banter, and in the unverified rumor mill, at the MBA’s Secondary Conference? Fannie, Freddie, and FHA are all concerned about being adverse...
Tue, May 21 2019, 9:31 AM
In the day just past, bonds weakened moderately amid the lightest volume in more than 3 weeks and a relative absence of market moving data/events. Th...
Mon, May 20 2019, 6:25 PM
Both stocks and bonds have been edging back into less panicked territory after trade war drama fizzled out last week. In other words, stock prices an...
Mon, May 20 2019, 5:18 PM
Mortgage rates moved microscopically higher today, depending on the lender. In terms of underlying movement in the bond market, however, rates should ...
Mon, May 20 2019, 10:06 AM
Freddie Mac's May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company's economists are project...
Mon, May 20 2019, 9:42 AM
In the week just past, bonds managed to extend the already unexpected gains that began on May 6th following a sharp escalation in US/China trade war r...
Mon, May 20 2019, 8:28 AM
Tony H. sent, “A conference is a gathering of people who singly can do nothing, but together can decide that nothing can be done.” Not at this MBA eve...
Fri, May 17 2019, 4:01 PM
Bonds began the overnight session in unchanged territory but began to improve on various news reports that fueled a global flight-to-safety. These in...
