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Wed, 27 Aug 2014

MBS RECAP: Yet Again, Treasuries Inspired by Europe and MBS Underperform

Posted To: MBS CommentaryBoth MBS and Treasuries started the day in good shape as a bout of universally downbeat data washed over the Eurozone. Speculation for some measure of central bank action at next week's meeting (European Central Bank, to be clear) also helped. German Bunds ended up tr...
Wed, 27 Aug 2014

Mortgage Rates Closing in on 2014 Lows

Posted To: Mortgage Rate WatchMortgage rates fell by an almost imperceptible amount today. Some lenders were actually unchanged or slightly higher. The actual NOTE rates quoted today would be identical to yesterday, with the only differences being seen in the form of modestly lower closing costs....
Wed, 27 Aug 2014

Housing Market Normalizing... Very Slowly

Posted To: MND NewsWireFreddie Mac said today that the housing recovery continues to be a primarily local phenomenon . While markets with strong economies and favorable demographics are continuing to improve at a strong pace most markets are still generally weak and the housing market as a whole ...
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