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Fri, 24 Feb 2017

MBS RECAP: Bonds Briefly Touch 2017's Best Levels For No Apparent Reason

Posted To: MBS Commentary"For no apparent reason" is a bit of an overstatement. There are several plausible reasons that bonds could be rallying as well as they are at the moment-- not the least of which being the extent to which they sold off at the end of 2016. The rationale for the 2016 sell-o...
Fri, 24 Feb 2017

Mortgage Rates in Line With 2017 Lows

Posted To: Mortgage Rate WatchMortgage rates moved lower for 3rd straight day (and the 5th time in the past 6 days). That makes this the best winning streak of the year and it brings rates to the lowest levels of the year (matching February 8th and a few days in early January). From here, you'd h...
Fri, 24 Feb 2017

New Home Sales Up Less Than Expected; Prices up 7.5% Annually

Posted To: MND NewsWireSales of newly constructed homes, had a strong start in 2016 but flattened out toward the end of the year and ended with a dismal December. Now 2017 has also started on a positive note. The Census Bureau and the Department of Housing and Urban Development reported sales wer...
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