Hide
  • strict warning: Non-static method view::load() should not be called statically in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/views.module on line 842.
  • strict warning: Declaration of views_modes_plugin_display_mode::options_submit() should be compatible with views_plugin_display::options_submit(&$form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/custom/views_modes/views_modes_plugin_display_mode.inc on line 115.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/handlers/views_handler_argument.inc on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/handlers/views_handler_filter.inc on line 585.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/handlers/views_handler_filter.inc on line 585.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_handler_filter_search::exposed_validate() should be compatible with views_handler::exposed_validate(&$form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/modules/search/views_handler_filter_search.inc on line 113.
  • strict warning: Declaration of FeedsImporter::copy() should be compatible with FeedsConfigurable::copy(FeedsConfigurable $configurable) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/feeds/includes/FeedsImporter.inc on line 94.
  • strict warning: Declaration of FeedsFeedNodeProcessor::map() should be compatible with FeedsProcessor::map($source_item, $target_item = NULL) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/feeds/plugins/FeedsFeedNodeProcessor.inc on line 227.
  • strict warning: Declaration of FeedsFeedNodeProcessor::setTargetElement() should be compatible with FeedsProcessor::setTargetElement(&$target_item, $target_element, $value) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/feeds/plugins/FeedsFeedNodeProcessor.inc on line 227.
  • strict warning: Declaration of FeedsTermProcessor::map() should be compatible with FeedsProcessor::map($source_item, $target_item = NULL) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/feeds/plugins/FeedsTermProcessor.inc on line 181.
  • strict warning: Non-static method view::load() should not be called statically in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/views.module on line 842.
  • strict warning: Declaration of views_handler_filter_boolean_operator::value_validate() should be compatible with views_handler_filter::value_validate($form, &$form_state) in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/handlers/views_handler_filter_boolean_operator.inc on line 149.
  • strict warning: Non-static method view::load() should not be called statically in /home2/powerclo/public_html/mortgagebiznews/profiles/managingnews/modules/contrib/views/views.module on line 842.

July 8, 2014

July 7, 2014

  • Posted To: MBS Commentary

    Today's session barely had a pulse. Weather is nice. It's the day after a 3-day weekend, and there was nothing meaningful on the event calendar. That made today a prime candidate for a 4-day weekend in financial markets. Not only does this affect participation due to absences, but also from the simple expectation of absences. The overnight session started off with mild weakness during...
  • Posted To: Mortgage Rate Watch

    Mortgage rates didn't move today. Some lenders were slightly higher or lower compared to Thursday, but only in terms of closing costs, and only by very small margins that averaged out to zero net change. That leaves rates at their highest levels in nearly a month. The movement during that time, however, has been subdued with day-to-day changes limited mostly to closing costs for rates of 4.125-4....
  • 11:40am

    Posted To: MBS Commentary

    From Thursday's latest levels, Fannie 3.5s are 3/32nds higher in price, compared to a 9/32nds gain in 10yr Treasuries (also in price). That means Treasuries are doing a bit better today. There's not much to infer here, and Treasuries had been underperforming MBS so far in July--just something to keep an eye on as we tend to discuss broader momentum in terms of the Treasury range. Current...
  • Posted To: MND NewsWire

    Responses to Fannie Mae's National Housing Survey for June showed more marked changes in several categories than has been the case in recent months when data has been relatively flat. Most of the changes indicted slowly increasing confidence in the housing market and in the economy in general, however the greatest change was in consumer expectations about interest rates. In January 55 percent of respondents...
  • Posted To: Pipeline Press

    Here's a survey for LOs - maybe it will have an impact on being able to contribute closing costs to borrowers. "Last year, the Government Affairs team at NAMB conducted a survey of mortgage professionals to determine the amount closing cost credits given back to consumers at closing. The data overwhelmingly showed that in 2012, mortgage brokerages gave millions of dollars to...
  • Posted To: MBS Commentary

    On the whole, 2014 has certainly seen a narrow range in rates, but within that broader range, we've still been able to witness distinct trends. For instance, rates were sideways to slightly higher in February and March, then moved convincingly lower in April and May. June was technically higher, but with a strong mid-month ceiling and end-of-month improvements. Now the first few days in July...

July 3, 2014

  • Posted To: MBS Commentary

    There's not much left to be said or concluded in terms of today's events (because it's a short day, and there simply hasn't been much time between now and the MBS Mid-Day). Bond markets took an understandably big hit after the 288k vs 212k Nonfarm Payrolls print, and then began a steady march back toward lighter losses. MBS specifically stumbled in the early afternoon, but...
  • Posted To: Mortgage Rate Watch

    Mortgage rates were higher yet again today, taking their cue from the Employment Situation report. This is the big "jobs report"--the most important piece of economic data month in and month out. It is widely expected to always be the key consideration on the day it's released and today was no different. Less expected was just how strong it was--at least at the headline level. The most important...
  • Posted To: MND NewsWire

    In the second part of the Harvard Joint Center for Housing Studies' latest update on The State of the Nation's Housing, the authors look at the nation's demographics and how they currently affect housing and will do so in upcoming years. This Center's report, as many other housing students, points to the sluggish pace of household growth which has languished in the 600,000 to 800,000 range for several years. This...

Need help?

Feeds shows the latest news items retrieved from the site's feeds. You can switch the display between articles, condensed list, and map display modes using the icons at the top right.

User login