As studies go, ATTOM Data Solutions Grocery Store Wars analysis is kind of silly. But at this point in this year, kind of silly is sort of welcome. Keep chickens and eggs in mind and make of this what you will. The company looked at how the proximity of different grocery stores might affect a home's value , both for homeowners and investors. They looked specifically at Whole Foods, Trader Joe's (TJ's), and ALDI. The analysis considered current average home values, 5-year home price appreciation from the same dates in 2015 to 2020, current average home equity, home seller profits, and home flipping rates in U.S. zip codes with a least one Whole Foods store, one TJ's store and (although one wonders if they mean "or" rather than "and") one ALDI store. ALDI led the way with overall 5-year appreciation

December 28, 2020 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.28% -0.05%   6.13% 7.26% 15 Yr. Fixed 5.81% -0.04%   5.6% 6.59% 30 Yr. Jumbo 6.30% +0.00%   6.1% 7.45% Compare Mortgage Rates from Local Lenders for Dec 28, 2020 How Much Lower Are Today's "All-Time Low" Mortgage Rates? Thu, Dec 17, 2020 5:50PM 2020 has safely secured its place in the record books as the year of all-time lows in mortgage rates --one of them anyway. Several other years have recently boasted as many new instances of record lows, but none have done so with the average 30yr fixed rate under 3% . When it comes to the "top tier" rates that are typically used as benchmarks, sub-3% is actually very old news now. As of this week, even the broad averages (which include loans that are far from "top tier") have fallen under 3%. Top tier rates are closer to 2% in some cases. But how much progress is being made each time the old r... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.28% -0.05 0.00 15 Yr. Fixed 5.81% -0.04 0.00 30 Yr. FHA 6.01% -0.04 0.00 30 Yr. Jumbo 6.30% 0.00 0.00 7/6 SOFR ARM 5.89% -0.06 0.00 30 Yr. VA 6.03% -0.04 0.00 Updates Daily - Last Update: 10/31 Freddie Mac Rate Change Points 30 Yr. Fixed 6.17% -0.02 0.00 15 Yr. Fixed 5.41% -0.03 0.00 Updates Weekly - Last Update: 10/30 Mortgage Bankers Assoc. 30 Yr. Fixed 6.30% -0.07 0.58 15 Yr. Fixed 5.67% -0.07 0.61 30 Yr. Jumbo 6.38% -0.01 0.34 Updates Weekly - Last Update: 10/29 UMBS 30YR 5.0 99.52 -0.04   95.05 100.11 UMBS 30YR 5.5 101.03 -0.03   97.47 101.40 10 YR Treasury 4.089 +0.014   3.932 4.780 MBS Live Recap: Uneventful Day Despite Covid Relief Bill Mon, Dec 28, 2020 4:00PM Uneventful Day Despite Covid Relief Bill The big news at the end of last week was Trump's decision to veto the covid relief/spending bill.  After he signed it last night, overnight markets began pointing toward higher rates.  10yr yields were roughly 3bps higher to start the day, but it was all downhill fro... (read more) MBS Price Change UMBS 4.5 97.48 -0.09 UMBS 5.0 99.51 -0.05 UMBS 5.5 101.02 -0.04 GNMA 4.5 97.59 -0.05 GNMA 5.0 99.66 -0.08 GNMA 5.5 100.79 -0.03 Pricing as of: 11/3 8:16AM EST US Treasury Yield Change 2 YR Treasury 3.584 +0.010 5 YR Treasury 3.700 +0.017 7 YR Treasury 3.886 +0.013 10 YR Treasury 4.092 +0.017 30 YR Treasury 4.671 +0.018 Pricing as of: 11/3 8:16AM EST Other News Can a Grocery Store Really Affect Your Home's Value? Mon, Dec 28, 2020 11:54AM As studies go, ATTOM Data Solutions Grocery Store Wars analysis is kind of silly. But at this point in this year, kind of silly is sort of welcome. Keep chickens and eggs in mind and make of this what you will. The company looked at how the proximity of different grocery stores might affect a home's value , both for homeowners and investors. They looked spec... (read more) Proposed Rule to Require Gov't-Sponsored Agencies to Develop Contingency Plans Thu, Dec 24, 2020 11:18AM The Federal Housing Finance Agency (FHFA) has released a notice of proposed rulemaking that would require Fannie Mae and Freddie Mac (the GSEs) to develop resolution plans. FHFA says these plans "would facilitate a rapid and orderly resolution should FHFA have to be appointed their receiver under the Housing and Economic Recovery Act of 2008." According to t... (read more) Forbearance Numbers Rise for Second Week Mon, Dec 28, 2020 11:50AM The number of forbearance plans increased again during the six-day period (shortened because of the holiday) ended December 21 and again Black Knight cautioned that small increases are common mid-month. The company said the 20,000-loan change was due to limited plan removals during the week. Extensions of plan terms outnumbered removals by more than five to ... (read more) Non-QM, LOS Admin, Ops, MLO, IT Jobs; Broker, Sales Tools; QC and Compliance Mon, Dec 28, 2020 11:12AM Congress and the press have been talking about a second stimulus plan since the summer. The bill signed by President Trump last night keeps the U.S. Government running through next September, including USDA housing programs. For ordinary citizens we hope that it is not too little, too late. Did you know that, driven by stock market gains , the current net wo... (read more) Latest Video Wall Street Journal's Greg Ip on three reasons why 2021 will be better than... US Treasury sells $59 billion worth of 5-year notes in bond auction Luxury real estate market remains strong despite Covid-19 turmoil, says rea... The 9 a.m. Bond Report: December 28, 2020 Around the Web Calculated Risk Blog Question #9 for 2021: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021? news.google.com Homeowners aren't fleeing cities in droves despite COVID-19 - Yahoo Finance news.google.com Treasury yields rise after Trump signs Covid relief bill Calculated Risk Blog Dallas Fed: "Texas Manufacturing Activity Expands at a Faster Pace" in December NAHB Eye on Housing Top Posts of 2020: Sales Outpacing Starts by a Historic Margin Calculated Risk Blog Seven High Frequency Indicators for the Economy CNBC US Treasury yields rise after Trump signs Covid relief bill Calculated Risk Blog Question #10 for 2021: How much damage did the pandemic do to certain sectors? news.google.com Mortgage rates sink to a new low on Christmas Eve Calculated Risk Blog Review: Ten Economic Questions for 2020 CNBC Treasury yields fall as investors anticipate Brexit trade deal Bloomberg U.K., EU Negotiators Finalize Historic Post-Brexit Trade Accord Calculated Risk Blog A few Comments on November New Home Sales

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