Thu, Oct 27 2011, 10:10 AM
If you
have $100, maybe you can buy a house. For the next year, in some states buyers need a down payment of only $100 to purchase a
HUD-owned REO ...
Thu, Oct 27 2011, 9:00 AM
The stock market plans to open more than 2% higher on news that European officials have agreed to a strategy to combat its debt crisis.
The 10-yea...
Thu, Oct 27 2011, 5:16 PM
The bigger reaction to events in
Europe over the past two days sent Mortgage Rates higher today, now at the edge
of the recent range.
Wher...
Thu, Oct 27 2011, 4:21 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Oct 27 2011, 2:58 PM
The main topic of discussion over the last few days has been the upcoming refinements to the HARP program . As detailed Monday morning by the FHFA, ...
Thu, Oct 27 2011, 2:10 PM
The Chairman of the House committee that
has been most active in the proposed dismantling of Freddie Mac and Fannie Mae
has released his proposal to...
Wed, Oct 26 2011, 11:21 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Wed, Oct 26 2011, 10:33 AM
After yesterday's impressive rally in bond markets, we noted that technicals seemed to most strongly suggest a sideways trend in effect since roughly ...
Wed, Oct 26 2011, 10:29 AM
Mobile
homes: personal or real property? This may shed some light on the issue.
First RMIC, then PMI, now...Genworth ? And at some point eve...
Wed, Oct 26 2011, 8:46 AM
Mortgage application volume
bounced back from the previous holiday-shortened reporting period to end the
week of October 21 up almost five percent....
Wed, Oct 26 2011, 8:42 AM
The Treasury curve steepened overnight and equities returned to rally mode as the market waits for the European Summit to begin at Noon eastern time. ...
Wed, Oct 26 2011, 5:20 PM
Today's much anticipated Summit in
Europe sent Mortgage Rates very slightly higher, but
overall, the changes were minor, especially when compar...
Wed, Oct 26 2011, 4:21 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Oct 25 2011, 11:19 AM
If you've had time for a quick check of MBS prices, you're already aware of the rally. Bond markets have been mostly rallying all morning as stocks h...
Tue, Oct 25 2011, 11:17 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Tue, Oct 25 2011, 10:57 AM
We have six
days until Halloween, after which, it seems, the pumpkin lots magically
transform into Christmas tree lots. Halloween goes back to Celti...
Tue, Oct 25 2011, 8:28 AM
European bourses are offering little direction this morning while traders wait another day for the next meeting of European officials. Treasuries are ...
Tue, Oct 25 2011, 5:12 PM
One of the possibilities we've been following, moreso around the 19th and 20th than recently, has been the possibility (or overly-optimistic hope?) th...
Tue, Oct 25 2011, 4:49 PM
As is
eternally possible these days, news out of the Eurozone sent shockwaves through
markets today and this time it worked to the advantage of Mo...
Tue, Oct 25 2011, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
101-17 : +0-20
...
Tue, Oct 25 2011, 1:34 PM
The take-away message from the August S&P/Case-Shiller
Home Price Index (HPI) numbers published today appears to be, it's not as bad
as last year....
Tue, Oct 25 2011, 1:29 PM
The Federal Housing
Finance Agency (FHFA) has released its monthly House Price Index for
August. The index calculates prices paid
to purchase ho...
Mon, Oct 24 2011, 12:46 PM
If you haven't heard/seen from multiple sources, multiple times, the story of the morning is certainly the long-awaited release of more information on...
Mon, Oct 24 2011, 12:07 PM
In advance of a speech in Nevada later
today in which President Obama is expected to expand on the initiative, the
Federal Housing Finance Agency (F...
Mon, Oct 24 2011, 11:30 AM
(Sorry so late this AM, busy morning oversight!)
Key Events This Week:
Monday:
9:00 - Richard Fisher , president of the Dallas Federal R...
Mon, Oct 24 2011, 11:18 AM
A
song that studies the demographics of the East Coast? "I want to
find myself relaxin' with the other Anglo Saxons." http://biggee...
Mon, Oct 24 2011, 11:17 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Mon, Oct 24 2011, 5:18 PM
Quite a lot of "sparkle and fade" regarding the HARP 2.0 pre-announcement this morning. Or is it a pre-pre-announcement? Either way, the finer point...
Mon, Oct 24 2011, 4:35 PM
Mortgage
Rates rose
slightly today. Bond markets were
slightly weaker today while stocks surged on optimism over Wednesday's
conclusion to the ...
Mon, Oct 24 2011, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Sun, Oct 23 2011, 9:46 PM
(Editor's
note: occasionally there is too much news & information to stick with the
usual Monday-Friday commentaries. And thus we have today's. Sorr...
Fri, Oct 21 2011, 11:23 AM
The
Harvard Joint Center for Housing Studies has released the latest Leading
Indicator of Remodeling Activity (LIRA) designed to estimate national...
Fri, Oct 21 2011, 11:18 AM
Tomorrow
is college football day. For you college football fans out there: http://www.robchrisman.com/references/a_and_m_letter.pdf .
And yes, ...
Fri, Oct 21 2011, 11:17 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Oct 21 2011, 10:54 AM
From MBS Live! earlier this morning: With no data on tap, and only a few Fed Speakers, the most interesting news on the MBS table this morning are t...
Fri, Oct 21 2011, 8:30 AM
Equities are once again being pulled higher by hopes that European officials are on a path to resolving the eurozone debt crisis.
The plan involves...
Fri, Oct 21 2011, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Fri, Oct 21 2011, 2:40 PM
Even the presence of volatility is
volatile. Here yesterday, gone
today. But "volatility of the presence
of volatility" sounds too much like calc...
Fri, Oct 21 2011, 1:35 PM
Every consumer shops for mortgages and they should. But this is the critical distinction: you should be shopping for the best mortgage advisor. If you...
Fri, Oct 21 2011, 1:10 PM
When Congress temporarily raised the maximum loan size eligible
for mortgages guaranteed by FHA or by the government sponsored enterprises
(GSEs) Fa...
Thu, Oct 20 2011, 12:05 PM
Here is a
notable take on Realtors, for better or worse, titled " Five Rules to
Remember When Dealing with Real Estate Agents " .
Have you
comm...
Thu, Oct 20 2011, 11:17 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Oct 20 2011, 8:12 AM
Treasuries are backing up and U.S. equities are on a slight rebound this morning even though global bourses turned lower overnight, some sharply so.
...
Thu, Oct 20 2011, 5:06 PM
Just a quick post tonight, mostly to update you on how the charts that we discussed this afternoon ended up panning out by 5pm. Long story short, t...
Thu, Oct 20 2011, 4:45 PM
Apparently, we jinxed the market
yesterday by referring to recent stability...
Apologies on that, but the damage is minimal... Mortgage Rates ...
Thu, Oct 20 2011, 4:17 PM
MBS Live : MBS RECAP
Open MBS Live Dashboard
FNMA 3.5
...
Thu, Oct 20 2011, 4:10 PM
The seasonal decline in home prices that always proceeds the holidays
and continues through the cold winter months has already begun, appearing
ea...
Thu, Oct 20 2011, 2:09 PM
Actually, MBS are 2 ticks UP as opposed to down, but I refuse to rewrite this blog and re-do my charts simply because markets are too flighty and inde...
Thu, Oct 20 2011, 1:15 PM
Existing home sales including single-family
houses, townhouses, condos, and co-ops posted a decline in September according
to data released today b...
Wed, Oct 19 2011, 11:21 AM
MBS Live : MBS MID-DAY
Open MBS Live Dashboard
FNMA 3.5
101-04 : -0-01
...
