Wednesday , 30 September 2020

Around The Web

Here’s How Low Can Rates Eventually Go; More Stimulus

How Low Can Rates Eventually Go? Until further notice, we can expect to see the bond market drift in a fairly consistent range, making modest course course corrections depending on the covid outlook. We can also dig into the nuts and bolts of the mortgage bond market to ask and answer questions about how low rates can eventually go. The …

Read More »

Fewer Forbearances; More Homebuilding; Higher Ficos; Lowest Rates

There was another decline in forbearance starts this past week and the number of loans in active plans also fell for the third straight week. Black Knight’s weekly report on COVID-19 related forbearances reported a total of 4.12 million loans that have been granted forbearance, allowing borrowers to omit or reduce mortgage payments due to financial impacts related to the …

Read More »