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Real Estate News
Sometimes Sideways is The Best Case Scenario
Fri, 19 Apr 2024 20:32:20 GMT

Sometimes Sideways is The Best Case Scenario Granted, there was a possibility that today could have been a rally day for the bond market, but as seen in the overnight trading session, that possibility depended on..[read more]

The Case of The Disappearing Rate Cuts
Fri, 19 Apr 2024 20:30:00 GMT

The Fed expected to be able to cut rates 3 times in 2024 as recently as March. Financial markets agreed. But the data that's come out since then has everyone singing a different tune.  This week's data was more of an afterthought compared to las..[read more]

Cybersecurity, TPO, Verification Tools; Tech Tracking Whereabouts; Why Rates Are Where They Are
Fri, 19 Apr 2024 15:33:15 GMT

It is "Take Your Child to Work Day' next Thursday which, if you work from home, is probably like a day off from school for the tyke. (I won't be bringing my son Robbie to work, who, as I write this, is pedaling from Chicago to New York and bunked dow..[read more]

Gradually Pulling Back From Flight to Safety Bid Overnight
Fri, 19 Apr 2024 14:06:18 GMT

The overnight session began with a very clear flight to safety in stocks (sell) and bonds (buy) on headlines regarding increased hostilities between Iran and Israel.  There have been plenty of "increased hostility" headlines this week that have ..[read more]

Good News and Bad News About Today's Selling
Thu, 18 Apr 2024 19:55:13 GMT

Good News and Bad News About Today's Selling The bad news is that bonds resumed their weaker tendencies today with 10yr yields moving back up into the 4.6's.  Culprits included stronger economic data, hawkis..[read more]

Mortgage Rates Higher Today, But Not Quite as High as Tuesday
Thu, 18 Apr 2024 19:36:00 GMT

Tuesday marked the highest mortgage rates since November, capping a mini surge that began after last week's inflation data. After a moderate improvement yesterday, rates moved back up toward (but thankfully not above) the recent highs today.  F..[read more]

Bonds Are Back to Their Old Ways
Thu, 18 Apr 2024 16:09:46 GMT

After the best day in a month and a half on Wednesday, the bond market is back to its recent habit of selling off and moving toward higher yields.  It looked the losses were set to be more modest at the beginning of the day, but things got worse..[read more]

MSR Execution, VOI, Post-Closing Audit, Client Acquisition Tools; May Training and Events
Thu, 18 Apr 2024 15:12:46 GMT

What loan officer hasn't had a memorable co-signing experience? Some more so than others. Along those lines, if you head to Disneyland or Disneyworld, and find bone chips or ashes on the floor of your favorite ride, it is probably not an accident. No..[read more]

Too Soon to Say Higher Yields Are Bringing Buyers?
Wed, 17 Apr 2024 20:32:31 GMT

Too Soon to Say Higher Yields Are Bringing Buyers? Bonds enjoyed their best day in more than a month and a half on Wednesday, which can't help but beg the question: why?  Days like today require a process of..[read more]

Mortgage Rates Finally Win One
Wed, 17 Apr 2024 20:14:00 GMT

Mortgage rates moved lower today after hitting the highest levels since mid November yesterday.  Some lenders were down as much as an eighth of a percent, which is on the bigger side for a day-over-day change for conventional 30yr fixed rates.&n..[read more]

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