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MLO Jobs; Sales, Pricing, Processing, Correspondent, Products; LO Productivity Study; FHFA Disaster News

Posted To: Pipeline Press

While the Biden Administration waits for the Trump staff to tell them the Wi-Fi password in the White House, the government continues to occupy our thoughts. “The government should not vaccinate health care workers first. Because if it fails, we’re in trouble. They should try the vaccine on politicians first because if we lose a few of them, it really won’t matter at all.” That is an interesting take. I find the term stealth tax hike ” interesting, especially in the coming years, because many of us are predestined to pay more in taxes by legislation already in place. Economists look at interesting things, like U-Haul rental truck movement to determine state or regional trends. Many companies are interested in what the post-pandemic work environment will look like…(read more)

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Mortgage rates slide to historic lows for third time this month – The Washington Post

Mortgage rates slide to historic lows for third time this month  The Washington Post

U.S. new-home sales rose in December for first time since July

U.S. new-home sales rose in December for the first time in five months, capping the best year since 2006 and signaling that record-low mortgage rates continue to drive demand for a sector that’s been a bright spot in the economy.

Mortgage and refinance rates today, January 28, 2021

Today’s mortgage and refinance rates  Average mortgage rates fell yesterday, as we predicted. And, as a result, they’re now at a new all-time low. There was mixed economic news earlier […]

MBS Day Ahead: 7 Charts: Trends, Risks, and Realities in Bonds and Mortgage Rates

Posted To: MBS Commentary

Yesterday's bond market weakness ran the risk of signalling an end to the winning streak enjoyed since January 12th. Those gains were fairly steady and they took yields from the very top of the prevailing trading pattern almost all the way to the bottom. If early trading is any consideration, today is set to confirm the negative shift. In fact, yields are already arguably halfway back across the trend channel (the parallel yellow lines that have guided the broader bond market correction since August). Here's a wider view: Those who primarily follow the world of interest rates in terms of the mortgage market may be wondering "what correction since August?!" That's because mortgage rates cut a very different path for most of 2020. Here's the same chart with mortgage…(read more)

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5 Home Design Trends for 2018 (and 3 Fads That Need to Go)

Thought that all-white kitchen was timeless? Think again.

Mortgage rates settle near historic lows as the purchase market begins to pick up – The Washington Post

Mortgage rates settle near historic lows as the purchase market begins to pick up  The Washington Post

HUD nominee pledges to promote affordable housing, work with Congress

Marcia Fudge told senators that her first priority as secretary would be to assist renters and homeowners struggling financially due to the COVID-19 pandemic.

Mortgage and refinance rates today, Jan. 30, and rate forecast for next week

Today’s mortgage and refinance rates  Average mortgage rates rose yesterday. And the week — which had promisingly seen a new all-time low — ended up going nowhere. Because those averages […]