Why Mortgage Rates Should Care About Bond Market Warning

Posted To: Mortgage Rate Watch 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[…]

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Pending Home Sales' Recent Decline is Nothing Compared to Yearly Gains

Posted To: MND NewsWire Pending home sales retreated for the fourth straight month in December. The National Association of Realtors® (NAR) said its Pending Home Sales Index, which indicates contracts signed during the month to purchase single-family houses, townhomes, condos, and cooperative apartment. dipped 0.3 percent to 125.5. The decline[…]

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Forbearance Plans Increased Again in January

Posted To: MND NewsWire While the number of Fannie Mae and Freddie Mac (GSE) loans in forbearance continued to decline last week, that 4,000 loan improvement was more than offset by an increase in FHA and VA loan and loans serviced for bank portfolios and investors in private label securities[…]

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Mortgage Rates Start Strong But End Higher

Posted To: Mortgage Rate Watch 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[…]

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