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Tue, 02 Sep 2014

MBS RECAP: Sideways Day for MBS Despite Weakening Treasuries

Posted To: MBS CommentaryFannie 3.5s stayed inside a 4 tick (.125) range today despite a round of upbeat economic data at 10am and a clear trend toward higher yields in Treasuries. This isn't an uncommon divergence when Treasury yields have bounced at recent lows, as they did on Thursday and ...
Tue, 02 Sep 2014

Mortgage Rates Bounce Higher Before Challenging 2014 Lows

Posted To: Mortgage Rate WatchMortgage rates were higher today, ending nearly a week and a half of modest improvements. While no individual day stood out during that time, the combined effect took rates extremely close to their lowest levels of the year. Had today moved in a more friendly directi...
Tue, 02 Sep 2014

HELOC Resets Still a Concern

Posted To: MND NewsWireHome Equity Lines of Credit or HELOCs are one area of focus of the July Mortgage Monitor issued by Black Knight Financial Services on Tuesday. The company said there is still concern about possible payment shock for homeowners with HELOCS as the millions put in place during...
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