Fri, Mar 19 2010, 3:34 PM
Recapping The Week That Was in Housing: Fed Meeting, Builder Confidence, Housing Starts, Building Permits, Financial Reform, Loan Demand, Interest Ra...
Thu, Mar 18 2010, 10:55 AM
Fannie Mae has lowered many of its earlier projections for first quarter residential investment based on lagging home sales in January and February; b...
Mon, Mar 15 2010, 8:01 AM
Equity markets are mostly lower across the globe Monday, leading US stocks to open sharply lower ahead of a moderately busy schedule.
Two hours bef...
Mon, Mar 15 2010, 3:17 PM
In March, Builder confidence lost the small amount of progress seen in February, falling two points to 15 where the index sat in January. The NAHB c...
Mon, Mar 8 2010, 3:11 PM
Both Fannie Mae and Freddie Mac reported that the average rate for fixed rate and most adjustable rate mortgages declined during the last week. Fredd...
Fri, Mar 5 2010, 10:57 AM
Lender Implementation of FHA Flipping Guideline; SAFE Act Still Weighs on Originators, Thornburg Execs in Trouble
Thu, Mar 4 2010, 12:41 PM
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in January, fell 7.6 percent to 90.4 from an upwardly revised 97.8...
Thu, Mar 4 2010, 8:19 AM
The futures market is pretty quiet this morning as investors await the jobless claims report today and the month’s unemployment report tomorrow. Also ...
Thu, Mar 4 2010, 5:04 PM
Tomorrow we get the official government numbers on the employment situation. This is the most influential report offered on a monthly basis. Job cre...
Mon, Mar 1 2010, 10:20 AM
Residential construction was at a seasonally adjusted annual rate of $260.8 billion in January, 1.3 percent above the revised December estimate of $25...
Mon, Mar 1 2010, 10:13 AM
Mandatory Loan Commitment Speedbump? GSE Earnings; Interest Only Loans a Thing of the Past; More on HUD, RESPA, and the GFE
Mon, Mar 1 2010, 8:25 AM
Markets are optimistic ahead of another busy week of data. Equities are looking for a higher opening, commodities are mixed, the dollar is slightly up...
Mon, Mar 1 2010, 4:14 PM
The week ahead is busy with the highest impacting report scheduled to be released on Friday morning. Reports from fellow mortgage professionals indica...
Fri, Feb 26 2010, 10:33 AM
Fri, Feb 26 2010, 8:18 AM
Since Monday the benchmark S&P 500 has tumbled 0.56% but with fresh data on housing, growth, manufacturing, and consumer sentiment all before Noon, th...
Thu, Feb 25 2010, 10:45 AM
Stories from the Street; Loan Apps Continue to Slow; Commercial Default Rates; Freddie's Results, Updates from Wells and US Bank
Thu, Feb 25 2010, 8:28 AM
Investors are once again concerned about risk as Greece continues to make headlines. Equity futures are sharply lower and appear likely to erase a goo...
Thu, Feb 25 2010, 2:41 PM
Freddie Mac and Fannie Mae have released data on average interest rates over the most recent week. Both reported an increase in long term and fixed r...
Wed, Feb 24 2010, 9:59 AM
The annual pace of New Home Sales fell to a new record low in January. This was the fourth consecutive month New Home Sales slid and the largest month...
Wed, Feb 24 2010, 9:56 AM
Mortgage Insurance Pricing; Radian's Loss Narrows; NAR Non-Profit Proposal; Tips from Wells Fargo
Wed, Feb 24 2010, 8:06 AM
The market is roughly flat ahead of January housing data and testimony from Federal Reserve chairman Ben Bernanke.
90 minutes before the opening b...
Wed, Feb 24 2010, 4:34 PM
I have been saying all year that mortgage rates will need some sort of major shift in economic outlooks if they are to fall below 4.75% again. A surp...
Mon, Feb 22 2010, 10:55 AM
Obama's Newest Housing Initiative; Covered Bonds; Delinquencies Down; FDIC Bank Closures; Lender Updates
Mon, Feb 22 2010, 8:30 AM
Global equities are mostly higher Monday including gains of more than 2% in Japan and Hong Kong. In Europe, where George Provopoulos, governor of the ...
Mon, Feb 22 2010, 6:51 PM
It will be a very busy week of economic data releases and headline news events. We have casually discussed the idea of a short term float position. Th...
Wed, Feb 17 2010, 1:42 PM
Economic forecasting can be both art and science. Reviewing accurate data and reading/listening to legitimate commentary can be valuable in preparing...
Tue, Feb 9 2010, 11:17 AM
Jumbo Loan Delinquencies; BoA and Landsafe; Fannie Mae HomePath Incentive; Pooling and Ratings Agencies;
Thu, Feb 4 2010, 1:03 PM
Mortgage rates rose slightly during the past week according to information released today by both Freddie Mac and Fannie Mae. Only the one-year ARM re...
Wed, Feb 3 2010, 10:39 AM
Appraisal Requirements; No New GSE Loan Programs; Jumbo Products Needed; Itemized Deductions; Several Lender Updates
Tue, Feb 2 2010, 12:51 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be similar to yesterday’s...again. This keeps the par 30 year conventional ...
Tue, Feb 2 2010, 10:16 AM
Economists were expecting to see a small rebound in December Pending Homes Sales following a 16.4% decline in November, they got exactly what they wer...
Tue, Feb 2 2010, 10:07 AM
Fannie Mae Imminent Default Indicator; Borrower Funded Temporary Buydowns; DR Horton Out of the Red; Anti-Flipping Debate
Tue, Feb 2 2010, 8:21 AM
Equity markets are rallying ahead of key housing market data for December. 90 minutes before the opening bell, Dow futures are up 24 points to 10,161...
Mon, Feb 1 2010, 9:53 AM
FDIC Bank Closures and Links; Auto Delinquencies vs. Home Loan Delinquencies; Wells, GMAC Bulletins
Mon, Feb 1 2010, 8:09 AM
It’s a busy week ahead and two hours before Monday’s opening bell investors are optimistic.
Dow futures are up 41 points to 10,058 and S&P 500 futu...
Mon, Feb 1 2010, 1:33 PM
With the Employment Situation report due out later this week and mortgage rates holding at the best levels of the year, I continue to advise locking. ...
Thu, Jan 28 2010, 10:39 AM
Fed mortgage purchase program to end; MGIC & BofA; Citi, USB updates
Wed, Jan 27 2010, 10:50 AM
Sales of new one-family houses in December 2009 were at a seasonally adjusted annual rate of 342,000. This is 7.6% below the revised for the better No...
Wed, Jan 27 2010, 7:59 AM
News from Asia has pushed the global stock market down after Toyota said it would stop production and sales on eight of its recalled vehicles.
Japa...
Wed, Jan 27 2010, 5:33 PM
MORTGAGE RATES MOVED HIGHER AFTER THE FOMC RELEASE. Reports from fellow mortgage professionals now indicate lender rate sheets to be worse than yester...
Tue, Jan 26 2010, 12:54 PM
Reports from fellow mortgage professionals indicate lenders have passed along better rates this morning. The par 30 year conventional rate mortgage h...
Tue, Jan 26 2010, 11:06 AM
Lenders Using the GFE as Marketing Tool; Lenders Cut by FHA; Condo Approvals; Guidance on Borrowers Facing Imminent Default;
Mon, Jan 25 2010, 11:13 AM
After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sale...
Mon, Jan 25 2010, 10:26 AM
What does the FOMC do? More bank closures; DAP update; SunTrust earnings
Mon, Jan 25 2010, 8:22 AM
The Week Ahead: FOMC Meeting, Housing Prices & Sales, Q4 GDP, $118bn in Treasury Supply
Mon, Jan 25 2010, 3:52 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be worse than Friday. The par 30 year conventional rate mortgage has risen...
Tue, Jan 19 2010, 8:33 AM
Equities are mixed around the globe but clearly downward in the US. Following a 3-day weekend, one hour before the opening bell, Dow futures are off ...
Tue, Jan 19 2010, 1:10 PM
Builder confidence in the market for newly built, single-family homes declined one point to 15 in January on continuing concerns about the poor job ma...
Fri, Jan 15 2010, 9:34 AM
Fixed rates were lower for the second week in a row while adjustable rates were mixed according to Freddie Mac's weekly Primary Mortgage Market Survey...
Wed, Jan 13 2010, 4:29 PM
Mortgage Rates improved yesterday afternoon into this morning, however these gains were lost after the 10 year Treasury auction today. While positive ...
