Tuesday , 18 December 2018

Mortgage News Daily

Mortgage News Daily

Mortgage Rates Preserve Most of Last Week's Gains

By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates didn’t move much today, and that’s arguably a good thing. When the week began, we discussed the need for rates to cool-off after last week’s rapid drop. Doing so would improve our chances of seeing recently lower rates stick around for more than a fleeting moment. Now here we are …

Read More »

Housing Should be More Consistent in 2019, Here's Why

By Jann Swanson Posted To: MND NewsWire Consistency can be boring, but in crazy times it can also be reassuring, even comforting. While they differ on the specifics, economists, at least those in the housing industry, seem to be coming together with much the same outlook and many of the same caveats for the next year or so. Fannie Mae’s …

Read More »

MBS RECAP: Bonds Continue Calming Before Next Storm

By Matthew Graham Posted To: MBS Commentary Whether or not next week’s Fed announcement proves to bring a winter storm for bond markets remains to be seen. That said, if anything is going to do the trick, that’s the best chance we have. Between now and then, bonds aren’t quite sure what to do with themselves, as evidenced by their …

Read More »

Mortgage Rates Edge Back Down Toward Long-Term Lows

By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates fell moderately today, helping them move part of the way back down toward their lowest levels in more than 3 months (seen back on Friday). The average lender continues quoting rates that are roughly 3/8ths of a percentage point lower than the highs from early November. Last Friday’s low rates …

Read More »