Ahead
Nurturing Relationships to Stay Ahead of the Competition
Above: Vince Leisey For Vince Leisey—CEO of Omaha, Nebraska-based Berkshire Hathaway HomeServices Ambassador Real Estate—offering concierge-level service is mission-critical in today’s market. With inventory shortages continuing to put a strain on the housing market and fewer buyers than we’ve seen in a long time, Leisey points to his relationship with American Home Shield® (AHS®) as… […]
Inflation Remains Elevated Ahead of Fed’s March Meeting
Inflation remains elevated and consumer spending has tightened as all eyes are on the Fed’s favorite inflation measure ahead of the central bank’s closely watched March meeting. The Personal Consumption Expenditures (PCE) price index (tracking costs of goods and services) for January increased 0.3%, and saw the same increase excluding food and energy, according to… […]
2022 Real Estate Forecast Summit: The Year Ahead
NAR Chief Economist Lawrence Yun gives an outlook for the year ahead. Multiple panelists speak about residential, commercial, and demographic trends to watch for in 2023. www.nar.realtor – Research
Rates at 3-Week Highs, More Volatility Ahead
Rates were excellent at the beginning of the week, but that began to change on Wednesday. We were already well on our way to 3-week highs on Thursday, and Friday made it official. Notably, these 3-week highs are still historically low. Friday’s main source of drama was the strong jobs report from the Labor Department. […]
Bonds Move to Sidelines Ahead of Jobs Report; Rate Volatility Risks; Census Bureau on Home Features
Mortgage rates were higher again today with multiple lenders making additional upward adjustments in the middle of the day in response to bond market volatility. The prices/yields of certain bonds are the primary building blocks for lenders as they determine where to set mortgage rates every day. Bonds respond to a variety of inputs, with […]
MBS Day Ahead: 5yr Auction in Focus; What About Econ Data and Oil?
Posted To: MBS Commentary Bonds are starting the day in roughly unchanged territory after trying to go on a stronger run in the overnight session. If the remainder of the week sees higher yields, it will be yet another example of the "false start" trend discussed yesterday . The only major data on the econ […]
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 […]