Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
The housing market has been looking slightly better over the last few month and Freddie Mac July economic report reflects that fact. They also maintain a fairly rosy picture of the economy as a whole. They note that the 30-year fixed-rate mortgages (FRM) dipped below 4.0 percent at the end of May and has remained there "amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut." This has caused a spike in mortgage applications for both purchase and refinancing and they predict that low rates, along with a thriving labor market, will help sustain the housing market , not just short term, but for at least the next year and a half. They have, in fact, revised down their quarterly forecasts for mortgage rates over that period
Housing News
|
|
The housing market has been looking slightly better over the last few month and Freddie Mac July economic report reflects that fact. They also maintain a fairly rosy picture of the economy as a whole. They note that the 30-year fixed-rate mortgages (... (read more)
|
|
MBS Commentary
|
|
In the day just passed, bonds put in one more day of slow, illiquid summertime trading. Granted, volumes were slightly better than the previous session, but the previous session saw the 2nd lightest volume in more than 3 months. The morni... (read more)
|
|
Mortgage Rate Watch
|
|
Mortgage rates haven't moved much this week, or last week, or the week before that. In fact, for the average prospective borrower, there haven't been any major changes since first making it down to the multi-year lows in June. That said, there has be... (read more)
|
|
Rob Chrisman
|
|
Large investors often shy away from monies that are not in the mainstream banking sector. (Accounts in cryptocurrency jump to mind.) Can you blame them? But plenty of people want to use that money to buy houses and lower the vacancy rate. In Census B... (read more)
|
|
Housing News
|
|
Mortgage application activity declined for the fifth consecutive period during the week ended July 26. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, decreased 1.4 percent on a seasonally adju... (read more)
|
|
Housing News
|
|
Pending home sales put in an especially strong performance in June , the second consecutive positive report as well as the fourth in five months. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI), a forward-look... (read more)
|
|
|
|
|