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Mortgage News Daily Thu, 21 Nov 2019 02:24:11 GMT  

MBS RECAP: Bonds Push Trend Boundary With Help From Trade Headlines

Posted To: MBS Commentary

There were 2 sorts of trade headlines in play today, but before we get to those, I wrote something today that bears repeating. "The trade deal, in and of itself, will not dictate the direction of markets in the big-picture over the longer run, but it WILL definitely deliver plenty of volatility inside a fairly wide range as market participants continue trying to figure out if the economy is slowing down, pausing, or preparing to speed back up." All that to say that neither of the following developments were game changers by any means, but still perfectly entitled to move the market. The first hit right out of the gate in the overnight session in response to the Senate passing a bill supporting the rights of Hong Kong protesters. Technically, the bill suggested an annual review of...(read more)

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Mortgage Rates Lowest Since Halloween

Posted To: Mortgage Rate Watch

Mortgage rates are in the midst of a winning streak of moderate size and duration. Specifically, rates have improved by at least an eighth of a percentage point for the average lender since the beginning of last week and have moved lower on all but one of the days between now and then. That brings them to the lowest levels since October 31st. As far as rate rallies go, that qualifies as just a bit longer than average and just a bit better than average. Notably, it comes at the expense of weaker rate momentum for nearly the entire month of October. In the bigger picture, however, rates are staggeringly lower than they were this time last year. Despite having risen from multi-year lows in September, we're still in a very solid ball park. In the coming weeks, we'll be watching closely for signs...(read more)

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The Death of The Mortgage Broker Has Been Greatly Exaggerated

Posted To: MND NewsWire

Mortgage brokers have apparently reclaimed both their reputations and their market share in recent years according to Archana Pradhan, a risk management analyst for CoreLogic. She writes in the company's blog that brokers' share of the conventional conforming mortgage market hit 16 percent earlier this year. While this is only half its share before the housing crisis when it accounted for about one-third of originations, it has doubled since 2011. Mortgage brokers' reputation for loan quality took a substantial hit during and immediately after the crisis as foreclosure rates jumped. Their market share began to slip in 2008 as some lenders stopped offering credit through this channel. It had fallen to 7 percent by 2011. Now that their business is returning, Pradhan says their loans are performing...(read more)

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mortgage, refinance mortgage, home mortgage, mortgage calculator
Mon, 18 Dec 2017 12:24:31 GMT  


http://news.search.yahoo.com/news/rss?p=mortgage&ei=UTF-8&fl=0&x=wrt Thu, 21 Nov 2019 02:24:11 GMT  


This is Money | Mortgages & homes Thu, 23 Jun 2011 23:22:24 GMT  

Fixed rate mortgage cuts tempt borrowers
Homeowners have more cheap mortgages to choose from as two-year fixes fall back to below 3% and the best five-year fixes sneak under 4% monopoly houses and a key
Estate agents sell just one home a week
Estate agents are selling an average of one property a week as the housing slump worsens, the Royal Institution of Chartered Surveyors said today A woman looking at an estate agent's window
House prices: What next?
We analyse house price news and predictions and investigate what is next for the UK property market House and money

Sat, 21 Jul 2018 11:40:39 GMT  


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