One week after home loan rates failed to improve further in the face of multiple bond-friendly stories, such as low inflation, high unemployment claims, and the Fed's continued commitment to purchase bonds, we... »
Read More of the post A Lesson in Supply and Demand

Home loan rates continue to hover near all-time lows, but there are three reasons why they should have improved but didn’t. Let's take a look at some of the “bond-friendly” news from this week... »
Read More of the post Is This the Bottom?

One of the major effects of the coronavirus was the enormous destabilization of the mortgage-backed securities (MBS) market back in mid-March. MBS pricing and trading activity determine home loan rates, so a big and... »
Read More of the post Stabilization in the MBS Market

The leading indicator on the health of the job market is the Initial Jobless Claims report, which essentially tells us the length of the unemployment line. And that line just grew. Over the past... »
Read More of the post The Unemployment Line is Growing

The Coronavirus has impacted millions of Americans across the country due to job loss and furloughs making it difficult, and sometimes impossible, for homeowners to make their mortgage payments. The U.S. government has stepped... »
Read More of the post Coronavirus Fallout to Hit Homeowners

This past week, thanks to the Federal Reserve, home loan rates declined. The high uncertainty around the coronavirus and its impact on homeowners and mortgage payments created a dire need for liquidity in... »
Read More of the post Liquidity Defined

Home loan rates touched all-time lows this past week, fueling refinance activity and creating a sense of urgency for homebuyers to lock in purchase loans. The question many people are asking is, "how low... »
Read More of the post How Low Can We Go?

This past week was a bit rough for the bond market as home loan rates steadily ticked higher and off the best levels in three years. The coronavirus has been a tailwind to the... »
Read More of the post Recovering From Coronavirus

The coronavirus outbreak in China continued to grip the financial markets this week. The total affected and number of deaths rose sharply throughout the week suggesting the virus is not yet contained. Stocks hate... »
Read More of the post Rates Decline Again

This past week was filled with so much good news — the biggest of which was the signing of Phase One of the U.S. and China trade pact. This trade deal is a very... »
Read More of the post Back to Fundamentals

This past week, we watched home loan rates tick modestly higher and retreat from three-year lows. Why? There are three main reasons: U.S and Iran. On Wednesday, the de-escalation of tensions between the U.S. and... »
Read More of the post The Good News Continues

The new year and new decade started, and good news: some things don't change. Stocks picked up right where they left off in 2019 by touching all-time highs. And bonds, which also performed... »
Read More of the post Nice Start to 2020

2019 was an incredible year for stocks, which finished the final trading week of the year at all-time highs. Generally speaking, when stocks go higher, so do rates. And that was the case... »
Read More of the post Global Improvement

“Let the Good times roll...” (The Cars) As we enter the final weeks of 2019, the housing and home lending sectors have enjoyed a good year thanks to a "Goldilocks" scenario of a... »
Read More of the post Goldilocks 2.0

There are rumors that our Fed is considering an idea to abandon its present 2% target rate for inflation in favor of a floating target where inflation would be allowed to rise above 2%... »
Read More of the post Changes That Could Affect Rates

That famous line describes the current wonderful backdrop for housing and the overall U.S. economy. Many are wondering what lies ahead for housing as we enter 2020. There are many reasons why the U.S.... »
Read More of the post A Great Housing Backdrop