Here’s a quick summary of the past weeks happenings in the mortgage markets and a look ahead.
Here’s a good review of the market last week and a look ahead: Weekly Market Review
Mortgage bonds ended the week negative by about a full discount point – read this summary: Mortgage Market in Review
This Week -
Treasury will auction [...]
Archive for category Weekly Recap
Weekly Roundup
Jan 24
Election Deficits
Oct 31
From the weekly Real Estate Report that I email to clients every Tuesday . . . .
The deficit was down almost ten percent in the past fiscal year ending September 30. The bad news is that the deficit was down to approximately $1.3 trillion dollars. This still represents the second-largest deficit in history. It is [...]
Another month end and what a month! We had 21 settlements in October of which 13 were purchases and 8 were refinances. This brings our YTD closings to 128. One of the advantages of dealing with a lender that closes a lot of loans is that we’ve seen almost everything in this “new” world of tighter [...]
Foreclosure-Gate
Oct 24
From the weekly “Real Estate Report” which I distribute to my clients and referral partners every Tuesday . . .
Just what the housing market needed, another crisis to deal with. We have already dealt with so many aspects of the housing crisis, from tighter credit to falling prices and foreclosures, it does not seem [...]
The “Bond” is Broken
Oct 18
Stocks and bonds. Here is how they are supposed to work in theory. When the economy is slow, rates go down and that means the value of bonds rise. At the same time, the stock market should fall or at least stagnate. When the economy is strong, stocks are supposed to rise and bonds are [...]
