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We've talked a lot about 2.55% in 10yr yields as an important floor for most of Q1 2019. It was broken after the Fed's March 20th announcement. For more than a week after that, bonds didn't look back. In the past week, however, the ...
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MBS Commentary
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We've talked a lot about 2.55% in 10yr yields as an important floor for most of Q1 2019. It was broken after the Fed's March 20th announcement. For more than a week after that, bonds didn't look back. In the past week, however, the ... (read more) |
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Housing News
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Borrowers had a bit of an easier time getting a loan in March, especially those looking for Jumbo products. The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) rose 1.1 percent from February to a reading of 182.1. A d... (read more) |
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Mortgage Rate Watch
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Mortgage rates resumed a week-long move higher today, bringing them to the highest levels since March 19th or 20th, depending on the lender. Between now and then, they'd fallen abruptly to the best levels in more than 15 months. The improvements were... (read more) |
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Rob Chrisman
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NASA has taken another step to make interplanetary living a reality, naming the top three finalists for its ongoing 3D-Printed Habitat Challenge . I am sure building something on the moon or Mars is expensive, and the taxpayer foots the bill. But her... (read more) |
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MBS Commentary
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The title of yesterday's recap was "Don't Call It a Comeback," and today's weakness is why. Well, to be fair, since I'm always the first to tell you that no one knows what tomorrow will bring in financial markets, we knew nothing of today's w... (read more) |
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Mortgage Rate Watch
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Mortgage rates barely budged today after hitting the highest levels in more than a week yesterday. In general, the bond market (which dictates rate movements) looks to be leveling off ahead of tomorrow's important jobs report. And that provides a use... (read more) |
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