15 Cities Where Homes Are Selling the Fastest
Buyers are snatching up homes in these U.S. markets.
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Mortgage and refinance rates today, February 22, 2021
Today’s mortgage and refinance rates Average mortgage rates edged up again last Friday. That was disappointing after Thursday’s small fall. But hardly a surprise, given the sharp rises earlier in […]
MBS RECAP: Rates Are In Big Trouble, But Why?
Posted To: MBS Commentary
Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn't go any higher, they did. New intraday highs of 1.394% in 10yr yields, and closing near the 1.37% inflection point. MBS aren't happy about it. When rates spike this quickly, MBS typically have to undergo a fast and painful repositioning of relevant coupons. The current iteration has seen 2.5 UMBS take the place of 1.5 coupons in just a few short weeks. But even 2.5 coupons got killed today. Multiple lenders repriced for the worse–some of them more than once. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Leading Economic Indicators 0.5 vs 0.5 f'cast Market Movement Recap 08:40 AM Heavy selling overnight in Asia. 10's hit highs of 1.394. Better buying in Europe despite…(read more)
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Black Homeowners Charged Higher Mortgage Rates Than White Counterparts With Similar Incomes – ValuePenguin
Black Homeowners Charged Higher Mortgage Rates Than White Counterparts With Similar Incomes ValuePenguin
‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers
The American dream of homeownership is not an equal opportunity ambition. Blacks and Hispanics are more likely to be denied mortgages or get pricier loans.
The post ‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers appeared first on Real Estate News & Insights | realtor.com®.
Rental survey reveals where Gen Z is deciding to live
An analysis of over three million rental applications by RENTCafé found an interesting trend among Gen Z renters that shows yet another way that this generation is diverging from their millennial predecessors. Where post-college millennials flocked to the nation’s biggest cities in search of jobs, Gen Z renters are increasingly moving to vibrant small towns … [Read more…]
4 Times You Don’t Need a Financial Adviser
These are some of the situations in which you might not need professional advice on your finances.
Cheaper rent in San Francisco? For some Oakland tenants, the city across the Bay is more affordable now
The pandemic has dropped rents in San Francisco, allowing some tenants to find deals they could never imagine.
Mortgage rates hit (another) all-time low – CNN
Mortgage rates hit (another) all-time low CNN