Tue, Jul 28 2009, 12:52 PM
Reports from fellow mortgage professionals are indicating that mortgage rates are improved this morning. The par 30 year conventional rate mortgage i...
Mon, Jul 27 2009, 11:58 AM
Markets jumped in the minutes after the New Home Sales report posted its biggest one-month leap in eight year, as of noon in Monday’s session all thr...
Mon, Jul 27 2009, 10:46 AM
The morning began with great news for the housing market. Sales of new single-family homes shot up 11% in June ― the biggest one-month jump in eight y...
Mon, Jul 27 2009, 8:06 AM
Housing data and Treasury auctions totaling $115 billion dominate the calendar between Monday and Thursday, but the big news this week will be the fir...
Fri, Jul 24 2009, 11:02 AM
In what has become a common occurrence of late, mortgage rates failed to hold below 5%. Following a sizeable rally earlier in the week, mortgage back...
Thu, Jul 23 2009, 12:18 PM
Mortgage rates ticked lower yesterday after mortgage backed securities rallied on Tuesday. However, yesterday weakness in fixed income began to snowba...
Thu, Jul 23 2009, 11:46 AM
First-time homebuyers and the sales of distressed properties helped drive the pace of Existing Home Sales up for the third consecutive month in June. ...
Wed, Jul 22 2009, 11:09 AM
Mortgage backed securities and treasuries went on quite a rally yesterday following Ben Bernanke’s first day of testimony on Capitol Hill. After open...
Mon, Jul 20 2009, 12:41 PM
Last week proved to be tough for mortgage backed securities. Many mortgage professionals and consumers alike cheered as rates opened Monday at 4.875%...
Wed, Jul 15 2009, 12:36 PM
Freddie Mac made several "Best Practices" recommendations for selecting appraisers and reviewing their products. One of these contained the statement...
Wed, Jul 1 2009, 12:02 PM
Wed, Jul 1 2009, 10:53 AM
Three data releases at 10:00 failed to sing in tune with each other. A key indicator of output showed some improvement but is still contracting overal...
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