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 […]
Five key takeaways from Janet Yellen’s Treasury confirmation hearing
An audience of mostly friendly legislators questioned Yellen across a variety of topics….(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
The Real Story Behind The Past 2 Weeks of Mortgage Rate Volatility
It was easy to get lulled into complacency by the second half of 2020 when it came to mortgage rates. Even as other indicators said rates should be rising, they continued on a calm journey to multiple record lows. 2021 has been very different so far! Covid and its impacts on the economy remain the […]
Improvements in Forbearance Continue to Slow
Posted To: MND NewsWire A decline in the number of forborne loans in those portfolios serviced for banks and private label securities (PLS) accounted for most of the modest downturn in overall numbers last week. Black Knight said the number of active plans dropped by 9,000 loans or 0.3 percent compared to the previous week. […]
Eight NAR Leaders Appear on 2021 Swanepoel Power 200 List
Eight NAR Leaders on the 2021 Swanepoel Power 200 List Eight NAR leaders are on this year’s list, considered the definitive ranking of the leaders and executives in residential real estate brokerage. Media Contact: Troy Green 202-383-1042