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Real Estate News |
Token Weakness Without a Cause
Mon, 16 Jun 2025 20:15:12 GMT
Token Weakness Without a Cause Sometimes bonds rally or sell-off for no apparent reason, or at least for no reason that can be easily proven. That's been the case on each of the past two sessions with..[read more]
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Mortgage Rates Drift Slightly Higher to Start The Week
Mon, 16 Jun 2025 19:53:00 GMT
While there's been no shortage of political and geopolitical headlines over the past 2 business days, there hasn't been much by way of inspiration for the bond market. Bonds (and, thus, rates) have moved nonetheless. Perhaps it was the l..[read more]
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Cook County DPA, Processing Automation, LO Pricing Tools; Mortgage Cost Map; Conv. Conf. News
Mon, 16 Jun 2025 15:43:32 GMT
Any food science major will tell you that the difference between jelly and jam is that jam has chunks of fruit in it; jelly is strained. There is also a difference in costs in our biz. Here in Honolulu at the MBAH conference, costs are part of the di..[read more]
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Slow Start Leaves Focus on The Next 2 Days
Mon, 16 Jun 2025 14:25:57 GMT
After rallying fairly well last Wednesday and Thursday, bonds pulled back on Friday, but not enough to erase more than half of the week's gains. The new week is starting out in uneventful fashion with trading levels reasonably close to Friday's lates..[read more]
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Not Reading Too Much Into Friday's Weakness
Fri, 13 Jun 2025 19:32:21 GMT
Not Reading Too Much Into Friday's Weakness At first glance, with only one report on the calendar, it's only logical to give Consumer Sentiment credit for sparking today's bond market selling spree. Closer ..[read more]
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Mortgage Rates Bounce But Remain Lower on The Week
Fri, 13 Jun 2025 19:11:00 GMT
The top tier 30yr fixed mortgage rate index rose 0.04% on Friday, which would be a medium-sized defeat in and of itself. In the broader context, however, it was an acceptable adjustment on what has otherwise been a solid week. Specifically, tod..[read more]
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Purchase Demand Near 2 Year Highs; Refis Bounce Back
Fri, 13 Jun 2025 16:49:00 GMT
After a Memorial Day-induced lull, mortgage application activity rebounded sharply last week, according to the Mortgage Bankers Association's (MBA) latest survey. Both purchase and refinance demand climbed to their highest levels in over a month, wit..[read more]
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2nd Lien Reverse, Borrower Aid, Legal Counsel Products; FHA, USDA, VA Changes; FBC Rebrand
Fri, 13 Jun 2025 15:51:29 GMT
Hey, for you LOs who think things are slow, you can always go into golf. The best example of this is ex-LO Ben Griffin who has racked up $11 million in PGA winnings! A large number of professional athletes, active or retired, seem to live in Florida,..[read more]
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Opening Weaker Despite Israel/Iran Headlines
Fri, 13 Jun 2025 13:53:22 GMT
By 8pm last night, news of Israel's attack on Iran erased an entire week of stock market gains and pushed bond yields to the lowest levels in more than a month. Given the alarming nature of some of the headlines, it's only natural to assume that mark..[read more]
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Thursday's Data Offered No Objection to Overnight Rally
Thu, 12 Jun 2025 20:13:47 GMT
Thursday's Data Offered No Objection to Overnight Rally Thursday's PPI was just as tame as Wednesday's CPI and, for a moment, it looked like bonds were going to offer an encore performance of the post-CPI rally.&..[read more]
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