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Thu, 02 Jul 2015

Mortgage Rates Edge Slightly Lower After Jobs Data

Posted To: Mortgage Rate WatchMortgage rates made an anti-climactic move lower today after the big jobs report proved slightly disappointing to markets. Stocks and bond yields both fell after the Bureau of Labor Statistics said only 223k jobs were created in June compared to a negatively revised ...
Thu, 02 Jul 2015

MBS RECAP: Abrupt Positive Adjustment After NFP, Then Silence

Posted To: MBS CommentaryAs far as days with big initial reactions to economic data go, today was about as boring as they come. The first part of the problem was the overnight bond market weakness. This had 10yr yields near 2.47 by the start of the domestic session. As such, the post-NFP rally ha...
Thu, 02 Jul 2015

Homeowner Shift to Condos won't affect Prices -S&P

Posted To: MND NewsWireIn the S&P/Case-Shiller home price indices report for April David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices notes that, "Sales of new and existing homes are rising in recent reports and construction of new homes enjoyed stron...
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