Biden’s Actions on Fair Housing
President Biden recently issued several actions related to ending discrimination and promoting fair housing and equal opportunity for all Americans. www.nar.realtor – Fair Housing
December Home Price Gains Shot Up 9% Annually
CoreLogic reports that December saw yet another acceleration in home price increases. The company’s Home Price Index (HPI) rose 9.2 percent on an annual basis. The increase in November was 8.2 percent. The month-over-month change, 1.1 percent, was also greater than the increase from October to November, 1.0 percent. CoreLogic says the December data means […]
Pending Home Sales Inch Back 0.3% in December
Pending Home Sales Inch Back 0.3% in December Despite dropping slightly in the last month of 2020, the latest pending home sales registered as the highest ever recorded in the month of December. Media Contact: Quintin Simmons 202-383-1178
Why Mortgage Rates Should Care About Bond Market Warning
After spiking in early January, interest rates returned to near-all-time-low levels by the middle of the week. By the end, however, the market began to flash a warning about more volatility ahead. The warning is fairly simple. It has to do with a pattern that’s been repeating in the bond market (the key ingredient in […]
Mortgage Rates Start Strong But End Higher
Mortgage rates have had a great couple of weeks after jumping to multi-month highs at the beginning of January. By yesterday, they’d made it almost all the way back to their best recent levels. The same was true this morning, but things have changed since then. The bond market (which dictates rates) had its worst […]
MBS Day Ahead: Friendly Bond Bounce Continues as 10s Target 1.0%
Posted To: MBS Commentary With 10yr yields breaking the 1.075% technical floor on Monday, the bond market added evidence to the case for a move back to 1.0%. Today's early gains make the evidence nearly overwhelming with yields less than half a basis point away at times. With the Fed coming up this afternoon, it […]
Moderna CEO: US needs to prepare for fall, COVID-19 resurgence – Yahoo Finance
Moderna CEO: US needs to prepare for fall, COVID-19 resurgence Yahoo Finance…(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web
Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006
Existing-Home Sales Rise 0.7% in December Existing-home sales rose in December, with home sales in 2020 reaching their highest level since 2006. Media Contact: Quintin Simmons 202-383-1178
Confront Discrimination in NAR’s New Simulation Training
This immersive online simulation training puts NAR members in the shoes of a client experiencing discrimination as they try to buy a home. www.nar.realtor – Fair Housing
Mortgage Rates Making Steady Progress Over The Past Week
Mortgage rates are off to a decent start this week with the average lender offering slightly better terms compared to last Friday. The progress actually began earlier last week. On Tuesday morning, rates were at their highest levels in exactly 2 months after jumping at a relatively quick pace in response to the Georgia senate […]