AMB News

Mortgage News Daily

• Uneventful Friday, Even if Slightly Weaker March 14, 2025
  Uneventful Friday, Even if Slightly Weaker Friday's trading session was the most uneventful of the week.  It began with moderate losses in the overnight session in concert with stock market gains.  Some traders attributed this to improved odds of avoiding a government shutdown by tonight's deadline.  The only scheduled economic data was the Consumer Sentiment […]
• Mortgage Rates Hold Very Steady, Yet Again March 14, 2025
  Despite some ups and downs on a small scale, mortgage rates have been sideways in the bigger picture.  That's a good thing if the latest refi application data is any indication.  Demand is at the highest levels since October as rates have generally been holding near mid-October levels. Today was just another day in that […]
• Financial Consulting, Loan Pricing API, Retention, PPE Tools; Events and Training; MBA and GSE March 14, 2025
  Time flies. We’re at “pi day” (3.14), two weeks until the end of the quarter, one month before our taxes are due. Tax returns for individuals are private (I think) but those filed by nonprofit organizations are public records. The Mortgage Bankers Association of America taxes, for example, are here. Speaking of which, our MBA […]
• Markets Trading Shutdown Risks? We'll Find Out Soon March 14, 2025
  It's been an on-again, off-again week for bonds and several of their trading motivations.  Economic data has played its part at times, but not in any excessive way.  The same goes for the recently relevant "stock lever" (the tendency for higher stock prices to push bond yields higher and vice versa). It was the latter […]
• Stocks Save Bonds From Modest Losses March 13, 2025
  Stocks Save Bonds From Modest Losses You won't always be able to count on the market dynamics we've seen over the past few weeks, but during that time, they've been pretty reliable.  Specifically, steep losses in stocks have been helping the bond market more often than not, and today was another example. Bonds started out […]
• Mortgage Rates Recover After Starting Slightly Higher March 13, 2025
  Mortgage rates hit their highest levels in just over 2 weeks yesterday and they were on track to remain unchanged today. In fact, the average lender offered the exact same 30yr fixed rate when this morning's initial barrage of rate sheets came out. Lenders typically publish their first rates of the day around 10am ET, […]