Wed, Dec 21 2016, 9:28 AM
Despite the 3.2 percent annualized growth in the GDP in the third quarter, Fannie Mae's economists expect the full-years growth to moderate to less th...
Wed, Dec 21 2016, 9:22 AM
Applications for mortgages increased during the week ended December 16, managing to narrowly cling to a gain in activity compared to a year earlier. T...
Wed, Dec 21 2016, 9:11 AM
Hey, don’t know what to get your favorite capital markets guy or gal this year for Christmas? Here's a memorable gift , with a one minute video. Altho...
Wed, Dec 21 2016, 8:57 AM
NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my ...
Wed, Dec 21 2016, 6:17 PM
I'll make this quick, on the chance you were enticed to read more after seeing the headline. Bond markets nearly broke 2016's record for the lowest ...
Wed, Dec 21 2016, 5:18 PM
Mortgage rates continued the normal late-December trend of minimal movement today, but the average lender managed a microscopic improvement. This wasn...
Tue, Dec 20 2016, 11:32 AM
Back in July, President Obama signed HR3700 The Housing Opportunity Through Modernization Act of 2016. The law makes a number of changes in existing h...
Tue, Dec 20 2016, 9:49 AM
The whole world is changing! There are 500 McDonalds in the United States that currently offer table service. The bring-your-burger-to-you trial has p...
Tue, Dec 20 2016, 8:37 AM
NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my ...
Tue, Dec 20 2016, 5:28 PM
The holiday theme continued today, with bonds trading inside the range that's been intact since last week's Fed festivities.
As I'll likely ment...
Tue, Dec 20 2016, 4:01 PM
Mortgage rates are officially checked out for the holidays . Today marked the third straight day with very little change from the previous day's rates...
Mon, Dec 19 2016, 9:37 AM
Tis the season - for hearing from all the experts about what we can expect the coming year to bring. Today it is CoreLogic's Senior Vice President and...
Mon, Dec 19 2016, 9:28 AM
Post-election interest rate changes have considerably dampened mortgage lenders' expectations for mortgage demand. Fannie Mae's fourth quarter Mortgag...
Mon, Dec 19 2016, 9:07 AM
The cold temperatures sweeping the nation, especially in the Upper Plains, have plenty of folks wondering how Native Americans kept warm during the wi...
Mon, Dec 19 2016, 8:32 AM
NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my ...
Mon, Dec 19 2016, 6:33 PM
There will definitely be a theme in the recap commentary for the rest of the year: holidays! It's hard to quantify exactly what the holiday season do...
Mon, Dec 19 2016, 5:00 PM
Mortgage rates stayed close to the highest levels in more than 2 years today, even though underlying bond markets left plenty of room for improvement....
Fri, Dec 16 2016, 11:09 AM
Housing starts retrenched in November , taking back much of their spectacular gains of October, while permits continued to display the general weaknes...
Fri, Dec 16 2016, 9:18 AM
The Fed reports US household net worth soared to a record $90.2 trillion in Q3, as the stock market jumped and housing prices increased. One group of ...
Fri, Dec 16 2016, 8:18 AM
NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my ...
Fri, Dec 16 2016, 5:27 PM
"Holiday trading mode" doesn't guarantee uneventful, sideways bond market momentum, but it does up the chances. Actually, it's probably fairer to say...
Fri, Dec 16 2016, 4:40 PM
Mortgage rates stayed steady today, on average, though any given lender could be slightly better or worse compared to yesterday. Bond markets (which u...
Thu, Dec 15 2016, 11:56 AM
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) soared by 7 points in December, reaching a level of 70, the highest r...
Thu, Dec 15 2016, 11:02 AM
Sorry for the delay on the morning commentary. As you can see, I had a lot on my mind. I also decided to go a different direction after reading the ...
Thu, Dec 15 2016, 9:24 AM
Both Freddie Mac and Fannie Mae will be rolling out a new foreclosure prevention programs next year to replace the expiring Home Affordable Mortgage P...
Thu, Dec 15 2016, 9:17 AM
As more people under the age of 30 enter residential lending, what is happening on the other end? Well, congrats to SunTrust's Elaine Lee who is retir...
Thu, Dec 15 2016, 6:56 PM
If you read anything I write today, make it The Day Ahead: The Death of a Long Term Trend; A Definitive Assessment.
If you want to read more, here'...
Thu, Dec 15 2016, 3:32 PM
Don't believe anything you read about mortgage rates today... well, except this . In fact, you're welcome to believe anything you read as long as it a...
Wed, Dec 14 2016, 9:45 AM
Under a final rule issued on Tuesday by the Federal Housing Finance Agency (FHFA) has set forth three underserved markets for activities the GSEs Fred...
Wed, Dec 14 2016, 9:30 AM
Happy 121416, by the way, in the United States. Plenty of potential home buyers are still paying rent . You’re probably working in an office where the...
Wed, Dec 14 2016, 8:36 AM
First thing's first: the Fed will almost certainly hike today. I suppose we can't ever be truly certain of a particular outcome of a Fed meeting, b...
Wed, Dec 14 2016, 8:09 AM
Mortgage applications were down across the board during the week ended December 9. The Mortgage Bankers Association (MBA) said that its Market Composi...
Wed, Dec 14 2016, 7:14 PM
It's either the best thing or the worst thing in the world, depending on what kind of originator you are. On one hand , the outlook for the economy ...
Wed, Dec 14 2016, 3:57 PM
Mortgage rates skyrocketed (relatively) following today's rate hike from the Fed. It wasn't the rate hike itself, however, that markets find most trou...
Wed, Dec 14 2016, 2:06 PM
(additions underlined, deletions struck-through)
For immediate release
Information received since the Federal Open Market Committee met in Sept...
Tue, Dec 13 2016, 10:12 AM
The Mortgage Bankers Association (MBA) reports that applications for new home purchase mortgages were down 3 percent in November compared to October. ...
Tue, Dec 13 2016, 10:10 AM
Foreclosures in October 2016 were down by a quarter compared to the previous October and the foreclosure inventory shrank by nearly one third. CoreLog...
Tue, Dec 13 2016, 10:05 AM
Fannie Mae said new updates to its Collateral Underwriter® (CU) and Desktop Underwriter® (DU) should increase the speed and efficiency of lending and ...
Tue, Dec 13 2016, 9:24 AM
What is this, Europe? 20 weeks off for new parents at American Express? While we're on employment trends, I'm not sure if this will come as a surprise...
Tue, Dec 13 2016, 9:03 AM
Bond yields have been trending steadily higher even after the initial rout that followed the election. Based on several technical measurements, upwar...
Tue, Dec 13 2016, 4:53 PM
There are two ways to approach today's bond market movements, and they're quintessential examples of the "glass half empty/full" expression.
Gla...
Tue, Dec 13 2016, 4:10 PM
Mortgage rates started stronger out of the gate, but morning weakness in bond markets prompted many lenders to adjust rates higher by early afternoon....
Mon, Dec 12 2016, 12:10 PM
Another in a series of articles from Corelogic Senior Product Manager, MaiClaire Bolton, about assessing earthquake risk from a mortgage and insurance...
Mon, Dec 12 2016, 9:44 AM
“The Mile High City” has seen solid appreciation, but NAR expects that to slow in 2017. (Chicago is expected to put in the worst performance of the to...
Mon, Dec 12 2016, 9:04 AM
Fed policy is one of the biggest, most consistent market movers for bonds. With such a high likelihood of a hike, bond markets surely must be focu...
Mon, Dec 12 2016, 4:58 PM
We were hoping to see some traction for bond markets after today's Treasury auctions, and we got it! Unfortunately, the overnight session pushed yiel...
Mon, Dec 12 2016, 4:17 PM
Mortgage rates were mixed today, depending on the lender, as well as the time of day. Earlier this morning, most lenders were quoting slightly higher ...
Mon, Dec 12 2016, 2:23 PM
Multi-family housing, in the words of a Freddie Mac executive vice president, is on a roll . David Brickman says his company is on track to purchase a...
Fri, Dec 9 2016, 12:08 PM
A post on CoreLogic's blog just came to our attention. It was written (by Stuart Pratt, the company's newly appointed senior vice president of Governm...
Fri, Dec 9 2016, 10:51 AM
A post on CoreLogic's blog just came to our attention. It was written (by Stuart Pratt, the company's newly appointed senior vice president of Governm...
