Category Archives: Uncategorized

All About the Fed

This week, like so many others, is once again all about the Fed. With not much on the economic calendar, any Fed activity will likely drive market movement this week. We can expect to hear from Chairwoman Yellen around 2:30 tomorrow afternoon following the adjournment of the FOMC meeting and the release of updated estimates… Read More »

A Buyer’s Market

I spend so much time talking about rates and the MBS market, sometimes it is easy to lose sight of the fact that mortgage rates are just a small, albeit integral part, of the bigger and more complex housing industry as a whole. I recently had the opportunity to sit down with Natuzza Dimasi, a… Read More »

All Eyes On Europe

While some may consider rates to be a rather dry and dull topic, we could see some excitement this week that may breathe new life into the subject. Being that it is the first week of the month, we will end the week on Friday with the ever exciting Non-farm payroll report. As we have… Read More »

The Power of the Federal Reserve

The short week is off to a slow start, with little movement since Friday’s pricing. This trend is likely to continue for the next few days, as there isn’t much to expect in terms of economic data. However, there are also two Fed auctions coming up and since any activity the Fed partakes in could… Read More »

Home Buying Through the Decades

With the market slowing down and little on the economic calendar in preparation for the holiday weekend, I thought it would be interesting to take a look at the changing landscape of the housing and mortgage markets as well as homebuyers themselves. As the timeline illustrates, modern mortgages have come a long way since their… Read More »

The Burden of Student Debt

Graduation season is right around the corner and while it’s an exciting and joyous occasion, a time for new beginnings when students embark on a journey into adulthood, the uncertainty that goes along with it can be stressful for both parents and students alike. While last week’s unemployment and nonfarm payroll reports may be good… Read More »

An Interview With the Chief Economist from the MBA

Last week I had the opportunity to attend the Mortgage Bankers Association’s Single Family Rental Finance Summit where I sat down with Michael Fratantoni about this emerging market and the current economic outlook. Fratantoni is the MBA’s Chief Economist and Senior Vice President of Research and Technology. To view our interview, click on the video… Read More »

Back To Basics

Over the past 7 business days, rates have been moving lower, but with a short week upon us, that trend seems to be ending. Not to fear however! It’s important to note, although rates did move a bit higher yesterday, the average was only a slight increase of about 0.03%. Rates are still quite near… Read More »