Latest News

Last Week in Review: Liquidity Defined This past week, thanks to the Federal Reserve, home loan rates declined. The high uncertainty around the coronavirus and its impact on homeowners and mortgage payments created a dire need for liquidity in the mortgage-backed security (MBS) market. This is where the Fed came to the rescue by providing liquidity. […]

Last Week in Review: Home Loan Rates Rising This past week, home loan rates ticked up again despite the Fed recently cutting rates by a full point and the 10-year Note remaining just above 1%. Why? Mortgage backed securities (MBS) are Bonds that price home loan rates. This week, the spread or difference in yield between […]

Last Week in Review: Rate Movements Explained This past week was a head-scratcher as home loan ticked up slightly week over week despite the 10-year Note yield hitting a historic low of 0.31% and Stocks enduring heavy losses. Typically, when Stocks drop, so do rates — especially after historic Stock losses like those this past week. […]

Last Week in Review: How Low Can Rates Go? Home loan rates touched all-time lows this past week, fueling refinance activity and creating a sense of urgency for homebuyers to lock in purchase loans. The question many people are asking is, "how low can rates go?" The short answer -- no one knows. A lot […]

Last Week in Review: The Lowest Rates EVER Bonds love bad news, uncertainty, and fear, which is causing rates to move lower. This past week, the escalation of the coronavirus fears caused enough anxiety to push rates down to the lowest levels in U.S. history. Here's what we know: Mortgage Bonds, which determine loan pricing, ticked […]

Last Week in Review: A Great 2020 Housing Story Here’s some good news… the continued strength of the labor market, along with historically low mortgage rates, will keep positive housing momentum alive in 2020. The Unemployment Rate is currently at a 50-year low of 3.6% with expectations for the index to push even lower to […]

Last Week in Review: What the Market Is Saying Solid economic numbers continue to be reported. We are seeing a historically strong labor market, rising wages, high consumer and business confidence, and an overall boost in housing. Bonds hate good news and there is simply too much good news to go around at the moment.Home […]

Last Week in Review: Recovering From the Coronavirus This past week was a bit rough for the Bond market as home loan rates steadily ticked higher and off the best levels in three years. The coronavirus has been a tailwind to the Bond market and home loan rates for the past few weeks, but this week […]

Last Week in Review: Home Loan Rates Decline Again The coronavirus outbreak in China continued to grip the financial markets this week. The total affected and number of deaths rose sharply throughout the week suggesting the virus is not yet contained. Stocks hate uncertainty and Bonds love uncertainty. As a result, Bonds traded higher to their […]

Last Week in Review: The Good News Flow Continues This past week, we watched home loan rates tick modestly higher and retreat from three-year lows. Why? There are three main reasons: U.S and Iran. On Wednesday, the de-escalation of tensions between the U.S. and Iran brought an immediate sense of calm to the financial markets. As a […]