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MBS Day Ahead: It Was a Trap… Don’t Expect Stocks to Save Us
Posted To: MBS Commentary
Yesterday saw yields hold at just slightly lower highs on an intraday basis, thus offering a glimmer of hope for a bond bounce. We discussed the risk that this was a trap, and so far today, it looks like it was. 10yr yields are over 1.4% and UMBS 2.5 coupons are now the only game in town. Where is that giant squid guy from Star Wars when you need him? The bond market weakness is sharper and more relentless than many market watchers anticipated. One common topic of conversation among those hoping for a bounce is the interplay between stocks and bonds. Late 2018 is fresh in our minds with widespread belief that "high rates" precipitated a stock sell-off which, in turn, helped rates move lower. I won't say "that's not what happened," because that dynamic was in play…(read more)
Marriott announces elite status updates and new promotions – The Points Guy
15 Cities With the Oldest Populations
These places have the largest percentage of residents age 65 and older.
5 Creative Ways to Fund Your Retirement Accounts
5 Creative Ways to Fund Your Retirement Accounts is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
The average American is not saving enough for retirement, and this can easily lead to financial stress and even a scarcity mindset. Life expectancy rates are increasing and many retirees are finding that they under-saved and are running out of money. There are creative ways out there to fund your retirement account. While retirement is a long time away for me and this may be the case for you as well, it’s important to contribute something for your financial future and aim to increase contributions each year. This can be challenging when you’re facing everyday expenses like housing and food
5 Creative Ways to Fund Your Retirement Accounts is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
Your Complete Midtown, Atlanta Neighborhood Guide
Make sure to head to Piedmont Park!
The post Your Complete Midtown, Atlanta Neighborhood Guide appeared first on Rent Blog.
Depleted savings, ruined credit: What happens when all the rent comes due?
Millions of Americans, especially low-income tenants, are accumulating debt amid the COVID-19 pandemic, threatening to create a downward financial spiral.
What the Flip? Portland Home Gets a Major Face-Lift and Gains $600K in Value
The flippers purchased this well-worn property for $875,000 in June 2019. After some amazing renovations, it was sold in December 2020 for $1,475,000.
The post What the Flip? Portland Home Gets a Major Face-Lift and Gains $600K in Value appeared first on Real Estate News & Insights | realtor.com®.
Can you use a 203k loan for an investment property?
You may be able to use a 203k loan for an investment property. But only in certain circumstances. Learn about 203k loan rules for investors here.
MBS Week Ahead: Battle to Find a Rate Ceiling Continues
Posted To: MBS Commentary
Bond yields have been surging higher in February with last week bringing the sharpest losses so far. The move has surprised more than a few market participants. To be sure, the pace of selling doesn't seem to fit with the economic reality at first glance. Moreover, the higher yields have gone, the more expectations have increased for a technical correction. In other words, we have to find a ceiling soon, even if it's only temporary. It looked like we found that ceiling in the middle of last week, but Friday saw yields break to new highs. Now as the new week begins, we have more new highs (overnight) and more new hope for a ceiling bounce as bonds are rallying early. On the data front, this week's headliners include Durable Goods, Core PCE, and the 5/7yr Treasury auctions. With the…(read more)