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Real Estate News |
Ratio of Weakness to Confirmed Explanations is Off The Charts
Mon, 21 Oct 2024 20:48:23 GMT
Ratio of Weakness to Confirmed Explanations is Off The Charts Every year there are a few days where bonds move as if obviously inspired in spite of a distinct absence of obvious inspiration. Monday was one of tho..[read more]
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Rates Jump Quickly to Highest Levels Since July
Mon, 21 Oct 2024 19:42:00 GMT
By the smallest of margins, mortgage rates are back up to levels last seen in July. That means we've gone from being fairly close to 6% in mid-September to being nearly as close to 7% today when it comes to top tier 30yr fixed scenarios for the..[read more]
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Bonds Have a (Bad) Case of The Mondays
Mon, 21 Oct 2024 16:16:21 GMT
First off, there's no great explanation for the extent to which bonds are losing ground this morning. These days happen occasionally. Sometimes an elusive market mover becomes clearer later in the day. Other times, we're forced to r..[read more]
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Broker Education, Reverse Mortgage, Credit Report, Warehouse Products; Disaster News
Mon, 21 Oct 2024 15:46:48 GMT
Sports have a lot of fans, and heroes. With only 10 days until Halloween, what a great time of year to be a sports fanatic. You never have to leave your den, or local sports bar, when football, baseball, basketball, and hockey are all on TV, and if y..[read more]
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Waiting Game Returns With Straightforward, Sleepy Friday
Fri, 18 Oct 2024 20:03:12 GMT
Waiting Game Returns With Straightforward, Sleepy Friday Bonds were technically a hair weaker in the overnight session, but even if they never improved from those levels, yields still would have been inside the p..[read more]
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Mortgage Rates Mostly Steady This Week After Uneventful Friday
Fri, 18 Oct 2024 19:52:00 GMT
There hasn't been much day to day movement in mortgage rates after the big jump caused by the jobs report earlier in the month. That jump ended on Monday the 7th and the average 30yr fixed rate hasn't moved more than 0.06% since then. For..[read more]
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Mixed Signals in New Home Construction Data
Fri, 18 Oct 2024 19:01:00 GMT
While this technically signals some cooling in new construction potential, it wasn't much more of a drop than investors expected. Moreover, there has been a gradual cooling trend intact for more than 2 years. That's not as ominous as it s..[read more]
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Digital LOS, Marketing Automation, Realtor Strategy Tools; FHA and VA News; Partner Opportunity
Fri, 18 Oct 2024 16:14:31 GMT
A while back I parked my car outside a government office building in Sacramento. "Sir, you can't park here," said a cop. "This is where our politicians work." "Don't worry, I've locked it." Here at the Banner Bank sales conference in Vancouver, someo..[read more]
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In The Absence of Data, No Need For More Selling
Fri, 18 Oct 2024 15:02:32 GMT
While the recent trend has been unpleasant for the bond market, at least it's logical. Apart from some uncertainty related to the election and forthcoming Fed meeting, data drives all (to be fair, data drives the Fed as well). Thursday br..[read more]
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Fairly Big Sell-Off, But Last Week's Range is Intact
Thu, 17 Oct 2024 21:27:35 GMT
Fairly Big Sell-Off, But Last Week's Range is Intact Bonds dealt with a trifecta of unfriendly economic data today with slightly stronger Retail Sales leading the charge. Jobless claims and Philly Fed certa..[read more]
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