AMB News

Mortgage News Daily

• MBS RECAP: Bonds Biding Time Until Wednesday September 24, 2018
  Posted To: MBS CommentaryHave you heard? The Fed announcement is coming up on Wednesday. While you've undoubtedly heard about that more than a few times (unless this is your first day here, in which case, welcome!), it continues to bear repeating, largely because bonds aren't doing anything to suggest they care about anything else. In […]
• Mortgage Rates Treading Water Near Long-Term Highs September 24, 2018
  Posted To: Mortgage Rate WatchMortgage rates are having a bleak September, having risen at least an eighth of a percentage point in all cases and by a quarter of a point in many cases. Depending on the lender and scenario, conventional 30yr fixed rates of 5.0% aren't out of the question although 4.875% remains far […]
• Housing Market Struggles to Keep Pace With US Economy September 24, 2018
  Posted To: MND NewsWireFreddie Mac's Economic and Housing Research Group said on Monday that the U.S. economy and job market are firing on nearly all cylinders , "but the housing market has essentially stalled ." The solid growth of the U.S. economy during the second quarter, an increase of 4.2 percent and exceeding forecasts of […]
• MBS Day Ahead: Bonds Gearing Up For Unfriendly Fed September 24, 2018
  Posted To: MBS CommentaryIt would be a tad dramatic to say that rates are at a crossroads as we head into the end of September, unless there's any additional weakness this week. That's because any additional weakness will bring yields closer to breaking 2018's previous high of 3.128% set on May 18th, 2018. When rates […]
• Broker and DTC Products; Conventional Conforming News, Wells' LTV Change; USAA layoffs September 24, 2018
  Posted To: Pipeline PressWe’re now officially in autumn, one week left in the 3rd quarter. Most states in the U.S. don’t change their clocks until November 4th, but in Europe they are doing in 2019 what many in this country wish the government would do: We’re now officially in autumn, one week left in the […]
• Weather Sets Up Push-Pull with Delinquency Rate September 24, 2018
  Posted To: MND NewsWireAre weather patterns beginning to provoke annual swings in mortgage delinquencies? Black Knight suggests, in its first look at August 2018 mortgage performance data, that could be the case in 2017-2018. The incidence of mortgage distress was heading to millennium low levels last year before the one-two punch of Hurricanes Harvey and […]