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.
Consumers are beginning to buy into the idea that mortgage rates might go down, at least according to responses to the June National Housing Survey (NHS) . However, that may not mean they have a lot of confidence in housing overall. Fannie Mae says its Home Purchase Sentiment Index (HPSI), based on some NHS questions, dipped a half-point from its May near-survey high to 91.5. Without an 8-point improvement in the net positive responses to "Do you think mortgages rates will go down?" the index would have fallen far further. While those who expect further easing of rates are still in the minority, the net for the question has risen to a negative 29 percent, there are far fewer naysayers than when the question bottomed out at -56.0 percent in December. Responses to the remaining five NHS questions
Housing News
|
|
Consumers are beginning to buy into the idea that mortgage rates might go down, at least according to responses to the June National Housing Survey (NHS) . However, that may not mean they have a lot of confidence in housing overall. Fannie Mae says i... (read more)
|
|
MBS Commentary
|
|
In the week just past, bonds rallied hard into the Independence Day holiday. 10yr yields hit fresh multi-year lows before getting slammed by a jobs report that came out much stronger than expected. The resulting weakness brought them in l... (read more)
|
|
Rob Chrisman
|
|
Welcome to “Work from Bed Day” around the nation. Okay, I just made that up, but it sounds enticing. Perhaps it would lead to greater worker satisfaction. Plenty of lenders are focused on borrower satisfaction, and quantifying it. STRATMO... (read more)
|
|
Mortgage Rate Watch
|
|
Mortgage rates moved higher today following higher-than-expected job creation in a report from the Labor Department. The Employment Situation (aka "the jobs report") is the most important monthly economic report. That's especially true for interest r... (read more)
|
|
Housing News
|
|
Seven or eight years ago the home sales headline was the entry of big institutional investors into the single-family market. These investors, many of which were hedge funds, bought up hundreds of thousands of distressed homes, a large number of which... (read more)
|
|
Housing News
|
|
Mortgage application activity during the week ended June 28 was largely unchanged from the week that preceded it. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of total volume, dipped 0.1 percent on a seasonally ad... (read more)
|
|
|
|
|