Are you wondering whether San Francisco is a good place to live? From the beautiful scenery to earthquake risk, here a 10 Pros and Cons to help you decide.
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Stronger Start Gives Way to Weaker Finish Bonds improved in overnight trading with most of the gains seen during European trading hours. The friendly trend reversed almost immediately after the US trading session. There were not obvious catalysts for the shift in terms of news or data. Rather, traders were likely reacting to a rapidly growing slate of corporate bond issuance on an already busy week of bond market supply. The net effect wasn’t too traumatic, with 10yr yields only a few bps higher by 3pm and MBS down an eighth of a point, but the trip from the highs to the lows was bumpy enough for more than a few negative reprices. Econ Data / Events Factory Orders -1.6 vs -1.8 f’cast, 1.7 prev Market Movement Recap 09:30 AM Modestly stronger in Asia with better gains in Europe amid volatile trading. Losing some overnight gains now, but 10yr still down 3.2bps at 3.926. MBS up 2 ticks. 12:11 PM MBS down to unchanged, 10yr up 1.1 bps at 3.97. EU and corporate issuance leading the weakness. 02:07 PM Steady selling continues with bonds at weakest levels. 10yr up 2.3bps at 3.981. MBS down an eighth on the day and almost 3/8ths from the highs.
“The interplay between inventory, home prices and interest rates has been the defining characteristic of the housing market for the last two years, and this continues to be the case,” Walden said. “Today, we see buyer demand dampened under pressure from rising rates and their impact on affordability, with purchase rate-lock volumes cooling in late … [Read more…]
Quad Cities Mortgage Specialist John Cornish is Educating Residents About FHA Mortgages for New Homes Yahoo Finance
Housing market once again braces for higher mortgage ratesâwhere 8 experts see rates going this year Fortune
The St. Regis Bora Bora is one of several resorts in the region offering overwater villas and a laid-back but luxurious island experience. Is it right for you?
“In contrast, December’s annual gain was the slowest since August 2020. Home prices are down 4.4% from spring peak to December, with four times larger declines in San Francisco and Seattle. New York, Cleveland and Chicago are faring relatively better, with total declines at only 3% through December.” Craig Lazzara, managing director at S&P DJI, … [Read more…]
How much cash can you get with a refinance? CBS News
The cost to build a duplex varies widely, based on many factors. The average approaches $390,000. Understanding the nuts and bolts of constructing a brand-new two-unit structure gives a better sense of how much it will cost to build a duplex. Letâs define duplexes and then examine estimates for building one. What Is a Duplex? […]
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