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Mortgage News Daily

Mortgage News Daily
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Mortgage News Daily

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Mortgage News Daily

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Mortgage Rates: Waiting for New Guidance

By Mortgage Loan News | Published: February 13, 2012
A scary setback early in the week had us on the edge of our seats but home loan borrowing costs managed to recover thanks to a "flight to safety" in the bond market. This helped mortgage rates end the week near the same levels they closed...
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Building Permit Issuance Up. Cost Squeeze Slows Groundbreaking

By Mortgage Loan News | Published: January 4, 2012
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for May 2011. Housing Starts data estimates how much new residential real estate construction occurred...
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MBS RECAP Flight to Safety

By Mortgage Loan News | Published: December 17, 2011
Afternoon Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBSonMND Dashboard . 3:56PM  :  BestEx Holds Steady After Corrective Rally Home loan borrowing costs took...
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Bonds Bounce Back as Stocks Cling to Support

By Mortgage Loan News | Published: November 8, 2011
Rate sheet influential MBS prices took took a beating yesterday. The bond market's behavior was so unfriendly that Best Execution mortgage rates nearly shifted higher as a result. The main motivation behind this unfavorable directional...
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MBS MID-DAY: Another Slow Start

By Mortgage Loan News | Published: September 30, 2011
Morning Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBSonMND Dashboard . 10:49AM  :  ECON: Negative Feedback Loop Hurts Home Sales Existing Home Sales declined...
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Industry Opinions: Financial Education, Underwriting Regs, TBTF, Mortgage Insurance

By Mortgage Loan News | Published: September 20, 2011
How hard is it to create a new currency in a digital age? DigitalMoney=DigitalThieves Reader feedback on current industry trends, borrower education, reverse mortgages, and MI changes continues. "As a peer in the industry, I am pained every...
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Fannie Mae Downgrades Outlook. Housing Stuck in a Rut

By Mortgage Loan News | Published: September 14, 2011
At the second anniversary of the current economic expansion, housing remains stuck in a rut according to Fannie Mae's Economic Outlook for June which notes that most housing indicators started the second quarter with little momentum.  Housing...
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The Day Ahead: Existing Home Sales & Vote of Confidence

By Mortgage Loan News | Published: September 7, 2011
Rates rose yesterday in a quiet trading environment largely thanks to gains in the stock market.  The S&P closed +0.54% at 1278.36. The 10yr note finished 7/32 lower in price at 101-16 and 2.3bps higher in yield at 2.949%. This pulled production...