U.S. existing-home sales unexpectedly rise to three-month high
âSales could be even higher,â if more homes were put on the market, NARâs chief economist Lawrence Yun said
sales
MBS RECAP: No Easy Answers Today; Still Anyone’s Game
Posted To: MBS Commentary
No Easy Answers Today; Still Anyone's Game Bonds were weaker earlier in the trading session but rallied back mid-morning before coasting mostly sideways into the close. Bond bulls were frustrated by the inability to break the floor at 1.27-1.28% in 10yr yields. Bond bears were frustrated by the clear unwillingness to explore new highs compared to yesterday. In other words, it was an "inside day" with lower highs and higher lows, and part of a 2-day consolidation following the highest yields in 11+ months. Such consolidations can be preludes to big bounces OR renewed selling pressure. There weren't any major clues in today's session about which side is going to win. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Jobless Claims 861 vs 765 f'cast, 848k prev Import…(read more)
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11 Everyday Items You Once Could Buy for Less Than $1
Nostalgia is fun, whether you remember the 1950s or just wish you did. Here is what it cost to live back then.
Consumers are feeling more positive about their finances – report
LegalShield’s network received fewer legal services requests regarding bankruptcy, debt collections, foreclosures and evictions in January – pushing down consumer stress and foreclosure indices. “This decreased level of requests for legal advice and support may well reverse with lower future stimulus support and a cessation of eviction moratoriums,” said LegalShield CEO Jeff Bell. Federal stimulus … [Read more…]
Retail: Sales Jump in January on Stimulus Checks
Kiplingerâs latest forecast on retail sales and consumer spending.
Miami-Dade Total Home Sales Continue Surging in January 2021
Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade County total home sales jumped 19.1% year-over-year in January 2021, from 1,857 […]
The post Miami-Dade Total Home Sales Continue Surging in January 2021 appeared first on RealtyBizNews: Real Estate News.
Mortgage and refinance rates today, Feb. 20, and rate forecast for next week
Today’s mortgage and refinance rates Average mortgage rates nudged higher on Friday. It was a bad week for these rates. And they’re now hovering around the 3% mark even for […]
Mortgage And Refinance Rates Today, Feb. 17 | Rates rising or steady – The Mortgage Reports
Mortgage And Refinance Rates Today, Feb. 17 | Rates rising or steady The Mortgage Reports
COVID accelerated migration trends, but is it sustainable?
The COVID-19 pandemic has accelerated a longer-term trend of separating talent from location. In the past, economic development was defined by incentives for buildings and infrastructure, but this is starting to change. HW+ Premium Content
The post COVID accelerated migration trends, but is it sustainable? appeared first on HousingWire.
Stock Market Today: Disappointing Jobs Data Dings the Dow
While Robinhood and Reddit leaders testified on Capitol Hill, Wall Street spent Thursday fretting over surprisingly high initial jobless claims.