Real Estate Investing News
Real Estate Investing News
The Day Ahead: Jobless Claims, Pending Home Sales, Productivity
Posted To: MBS Commentary Interest rates are modestly higher this morning after equities closed nearly 3% higher Wednesday. Ninety minutes before the opening bell, … [Link]
New Mortgage Rate Lows Lost as Stocks Rally and Bonds Correct
Posted To: Mortgage Rate Watch Mortgage rates had a great day yesterday. This is the message we communicated to readers… ATTENTION: Mortgage Rates Hit New Lows If … [Link]
Recap and Charts: July Construction Spending Data
Posted To: MND NewsWire The Census Bureau today released Construction Spending data for July 2010. Residential construction spending includes remodeling, additions, and major … [Link]
Rising Refi Index Indicative of Pickup in Prepay Speeds on Recent Vintage MBS
Posted To: MND NewsWire The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 27, 2010. The MBA's loan … [Link]
Another Review of Originator Compensation Regs; Loan Programs That Don't Require an Appraisal; JP Morgan Cuts Deal to Reduce Buyback Exposure
Posted To: Pipeline Press Rates continue to trend lower, helped yesterday by the release of the FOMC meeting's minutes which alluded to the … [Link]
Bond Market Suffers as Investors Reallocate Funds into Riskier Assets
Posted To: MBS Commentary Stocks are rallying and the bond market is taking a beating after a much better than expected read on the manufacturing sector. The … [Link]
Fed Leaves Door Open to Buy More MBS if Needed
Posted To: MBS Commentary Production MBS coupon prices hit new record highs yesterday, pushing mortgage rates through the 4.25% barrier to new lows. "Rate … [Link]
The Day Ahead: Stocks Rally Ahead of Jobs, Manufacturing Data
Posted To: MBS Commentary The first day of September looks to open strongly while investors await key data on employment and manufacturing. About ninety minutes … [Link]
Lock Desks Buy Back Hedges. Potential Shift in Production Coupon Looms
Posted To: MBS Commentary Yesterday we heard banks were buying back MBS hedges. This means lock desks were actively reducing their pipeline coverage (forward … [Link]
ATTENTION: Mortgage Rates Hit New Lows
Posted To: Mortgage Rate Watch If you've been floating your loan or have yet to apply for a refinance because it just didn't seem worth the hassle, … [Link]
S&P/Case-Shiller: Home Prices Rise in June. Tax Credit Hangover Ahead
Posted To: MND NewsWire The Standard & Poor's/Case-Shiller U.S. National Home Price Index was up 4.4 percent in the second quarter of 2010, more than recovering from the … [Link]
Housing quagmire: Is it time to remove relief?
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month — one program would help qualified homeowners refinance their mortgages after seeing their property values fall below … [Link]
Production MBS Coupon Hits New High. Loan Pricing Noticeably Better as 3.5s Trade Forward
Posted To: MBS Commentary While 2 of the 3 top tier data sets released this morning failed to improve on a month to month basis, 2 of those 3 were better than … [Link]
New FHA MIP Structure to Slow Streamlines; Appraisal Adjustments; GSE MBS Issuance in July; FDIC Transparency; Update on Non-Agency Paper
Posted To: Pipeline Press I was talking to a correspondent rep yesterday, and he said, "I just got the best question from a client. The client … [Link]
Home prices gain 3.6% in past year
Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing. [Link]
The Day Ahead: Home Prices, Consumer Confidence, FOMC Minutes
Posted To: MBS Commentary Recap of Yesterday After experiencing a sizable sell off on Friday, the bond market spent the day yesterday in recovery mode. Prices of … [Link]
Mixed Rate Outlook Provides Perspective: Risk Greatly Outweighs Reward
Posted To: MBS Commentary I sat down to write "The Week Ahead" last night and drew a blank. Not that it was a tedious task outlining the events that held … [Link]
