While all is easily forgiven in light of all-time low rates, the pandemic made a mess of the mortgage market in many ways. Most messes…
Home Refinancing is Easy
For some lenders, it was last week. For others, it was today. After months of waiting and multiple successive reports of all-time lows from other…
You might think you know mortgage rates. You might make assumptions about where they’ll go and what they’ll do based on past precedent. For decades,…
Mortgage loans ultimately “turn into” bonds and those bonds have a certain value to investors. When those values change, so do the rates offered by…
Tomorrow brings the month’s most important economic report: the Employment Situation, often referred to simply as “the jobs report.” No other piece of economic data…
Although it was the focus of yesterday’s discussion, the ability of the mortgage market to hold steady in the face of bond market weakness continues…
Like many industries, housing finance has a superficial layer that’s fairly easy to understand for the average consumer. A person wants a home. They don’t…
Although many mortgage lenders were technically open for business last Friday, it’s a well-known unofficial holiday. Mortgage rate movement requires bond market movement, and the…
Mortgage rates have been operating relatively close to their all-time lows recently and today was no exception. The Fed raised some doubts as to how…
If you follow the MBS Commentary channel on this site, you will have already seen most of the following, but it’s relevant for consumers as…