Mortgage- MBS RECAP: Bonds Extend Gains in Super Quiet Conditions July 21, 2017Posted To: MBS CommentaryAs expected, today could be better characterized as a highly-regulated narcotic sleep aid than an interesting trading day for bond markets. The dreams were sweet, at least, with 10yr yields drifting down to their best levels of the month--just under 2bps lower at 2.238% Fannie 3.5 MBS were up by an eighth of a point in the afternoon, […]
- Mortgage Rates Lowest in July July 21, 2017Posted To: Mortgage Rate WatchMortgage rates moved lower today, setting yet another new low for the month of July. For the past 2 weeks, rates have been pushing back against a fairly abrupt spike that took place heading into the month. Concerns over the European Central Bank's (ECB's) bond buying plans sparked the move higher, but those concerns we […]
- With Expiration Looming, NAR, NAHB Applaud Flood Insurance Renewal Progress July 21, 2017Posted To: MND NewsWireIt remains to be seen if it passes into law, or how it will hold up during the process, but housing industry groups say an agreement has been hammered out for renewing the federal flood insurance program . Both the National Association of Home Builders (NAHB) and the National Association of Realtors® (NAR) say they have been working wi […]
- State-Level Changes Across the Board; Housing and Rates July 21, 2017Posted To: Pipeline PressUnder the heading, “What’ll they think of next?”, especially for aging Boomers, comes stairs that store energy and help the next person walk up them! State-Level Changes When lenders complain about federal regulation and oversight, at least, in theory, it originally came from one source and is uniform across the 50 states. But when a […]
- MBS Day Ahead: Low Volume and Light Liquidity Expected. Here's What That Means July 21, 2017Posted To: MBS CommentaryOne of the hallmarks of classic (read: old school) technical analysis is the role of volume in confirming market movements. For instance, if 10yr yields break through a key technical level, the next question many traders will ask is whether or not it happened with strong volume. While this sounds pretty smart in principle, it's […]
- MBS RECAP: Markets Had ECB Almost Perfectly Pegged July 20, 2017Posted To: MBS CommentaryTalk about your anticlimactic conclusions! It's not that the European Central Bank (ECB) was likely to make any meaningful changes in its policy stance today, but it nonetheless served as an important opportunity to confirm or deny the notion that Draghi's late June comments were a step in the direction of a tapering announ […]
- Mortgage Rates Hold 3-Week Lows After Central Bank Announcements July 20, 2017Posted To: Mortgage Rate WatchMortgage rates held relatively steady today, keeping them in line with the lowest levels in more than 3 weeks. There was relatively little market movement in response to the policy announcement from the European Central Bank (ECB). That's a good thing considering much of the recent gains in rates can be attributed to trader […]
- Single Security Praised by Urban Institute July 20, 2017Posted To: MND NewsWireThe single agency security toward which the GSEs, Fannie Mae and Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), have been working for several years, is not yet operative, but it just got a round of applause. Linda Goodman, Codirector of the Urban Institute's (UI's) Housing Finance Policy Center, a […]
- Vendor and Lender News/Updates; Academy Buys First Mortgage and Cunningham July 20, 2017Posted To: Pipeline PressThis morning we’ve had the usual Thursday initial jobless claims economic release. At the other end of the teeter totter, here’s an amazing stat to talk about at Happy Hour tonight. It is estimated that 50% of net business formation in the United States since the recession has happened in about half of 1% of U.S. counties. That’s 20 […]
- Ellie Mae Reports Few Changes in Loan Characteristics July 20, 2017Posted To: MND NewsWireRefinancing held its ground in June, with that share of the mortgage market remaining at 32 percent. While that is a significant decline from the 47 percent share the first month of the year, it is little changed from the June 2016 share of 34 percent. Logically, purchase loans remained at prior levels as well, a 68 percent share. The […]
- MBS RECAP: Bonds Extend Gains in Super Quiet Conditions July 21, 2017
Monthly Archives: June 2013
Vacation: It’s a Family Affair
Say “summer” and most people think “vacation.” The reality is that most adults work year-round, and some seasonal workers may even be busier in the summer than during other seasons. Children of working parents may continue to have schedules just … Continue reading
Posted in Financial Planning
Leave a comment
Disability Facts that Might Surprise You
In times like these, good decisions matter. And when it comes to protecting a portion of your income from disability risks, it’s important to base your decision on the facts. In the case of disability, some of those facts might … Continue reading
Posted in Financial Planning
Leave a comment
Conservative Savings… Or Lifetime Retirement Income?
In uncertain times like these, sound financial decisions matter more than ever. When it comes to securing guaranteed retirement income, it’s important to base your decisions on a clear understanding of available products. Since many people turn to both deferred … Continue reading
Posted in Financial Planning
Leave a comment
Try Letting the Children Run the House!
To become a parent is to become a nag: “Turn off the lights when you leave the room!” “It’s your turn to take out the trash!” “Money doesn’t grow on trees!” Instead of fighting with your children all the … Continue reading
Posted in Financial Planning
Leave a comment
Should You Give Your Child an Allowance?
Childhood is full of milestones. First step, first word, first day of school, first job, first date. These milestones are important not only in themselves but in what they say about the family’s focus and values. Are we paying attention … Continue reading
Posted in Financial Planning
Leave a comment
Summer Learning Loss: The Problem and Some Solutions
By June, most children in the US have closed the books for the school year. For some children, summer means camp, or family vacations. For teens, it could mean a job or internship. Perhaps it’s just lazy days playing with … Continue reading
Posted in Financial Planning
Leave a comment
