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Mortgage News

Wed, 10 Feb 2016

Mortgage Rates Inch Further Into 1-Year Lows

Posted To: Mortgage Rate WatchMortgage rates barely budged today, but did manage to gain just a bit of ground. That means another 1-year low, technically, although many lenders are quoting the exact some conventional 30yr fixed rates as yesterday. The range is currently between 3.5% and 3.625% wi...
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Wed, 10 Feb 2016

MBS RECAP: Bonds Stay Happy as Yellen Fails to Reverse the Trend

Posted To: MBS CommentaryTo be fair to Fed Chair Yellen, it was too much to ask of her to concoct some secret combination of words that would magically help stem the tide of recent panic. Still, markets had leveled-off in the sort of sideways approach pattern often seen in advance of 'big new...
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Wed, 10 Feb 2016

HUD Budget Targets Ending Homelessness among Families

Posted To: MND NewsWireThe Department of Housing and Urban Development (HUD) said on Tuesday that its proposed budget for Fiscal 2017 will include $48.9 billion in gross discretionary funding and $11.3 billion in new mandatory spending over the next 10 years. HUD said its budget is focused on hel...
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