Around The Web

MBS MID-DAY: Europe Turns Our Green to Red Ahead of Auction

By Matthew Graham Posted To: MBS Commentary The headline is the extend of the story this morning. We began the day in positive territory, but have been pulled into negative territory by European bond market weakness. If you’re busy, you won’t be missing too much if you stop reading now. The overnight session was broadly positive, and mostly to do …

Read More »

Quicken Study Shows Division Between Appraiser and Homeowner Estimates

By xhevrije A new Quicken Loans study reveals that appraiser home value opinions fell below homeowner estimates in April according to the company’s Home Price Perception Index (HPPI). Quicken Loans is the nation’s second largest retail mortgage lender. The post Quicken Study Shows Division Between Appraiser and Homeowner Estimates appeared first on theMReport.com. Via:: Quicken Study Shows Division Between Appraiser …

Read More »

More Than Half of Sales Remain All-Cash in Some Markets

By Jann Swanson Posted To: MND NewsWire The influence of cash sales on the residential real estate market continued to decline in February with those sales accounting for 37.9 percent of total home sales. This is still a significant number, before the housing crisis such sales typically made up a quarter of sales, but the percentage has fallen consistently on …

Read More »

Purchase Applications Fare Better Amid Rising Rates

By Jann Swanson Posted To: MND NewsWire Rising interest rates took a toll on mortgage applications again during the week ended May 8. The Mortgage Bankers Association said that its Market Composite Index a measure of overall mortgage application volume, was down 3.5 percent on a seasonally adjusted basis from the week ended May 1 and down 3.0 percent unadjusted. …

Read More »

The MReport Webcast: Wednesday 5/13/2015

By Jordan Funderburk According to the latest quarterly report by the National Association of Realtors, home prices have increased in the majority of metro areas included for Q1 2015. A high demand for housing along with low inventory levels caused prices to go up significantly and areas that experienced double-digit price appreciation doubled compared to last quarter. The report found …

Read More »

MBS Day Ahead: After Another 2015 High, Rates Consider Another Correction

By Matthew Graham Posted To: MBS Commentary Who’s to say if the next correction will be like the last correction which lasted all of 1.5 days before bonds got blasted again? But even the biggest corrections must start with appallingly short, tenuous corrections. When we have those appallingly short, tenuous corrections, technical studies move into a position where they’re “ready” …

Read More »

DS News Webcast: Wednesday 5/12/2015

By Jordan Funderburk Completed foreclosures experienced another substantial year-over-year decline in March, moving even further away from their peak from nearly five years ago, according to CoreLogic’s March 2015 National Foreclosure Report released on Tuesday. Foreclosure inventory also fell substantially year-over-year in March, declining by 25.7 percent down to about 542,000 mortgages, about 1.4 percent of all mortgages nationwide. March …

Read More »