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U.S. Housing Sentiment Returns to Near Record Low: Fannie Mae

U.S. Housing Sentiment Returns to Near Record Low: Fannie Mae

Saturday, 11 March 2023
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Americans have gone back to feeling close to their gloomiest ever on record about the housing market, according to Fannie Mae. So reports MortgageOrb. Read more...
Mortgage Rates Rise for Fifth Week, Near 7%

Mortgage Rates Rise for Fifth Week, Near 7%

Saturday, 11 March 2023
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U.S. long-term mortgage rates have posted a fifth consecutive weekly increase, to their highest point since topping 7% last fall. So reports the Associated Press. Read more...
Bodnar of MMG: Today Was a Good Day

Bodnar of MMG: Today Was a Good Day

Saturday, 11 March 2023
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"The Jobs Report was bond friendly," says Bill Bodnar of the Mortgage Market Guide. "The unemployment rate was higher than expected and wages were lower than expected. Yields are falling hard heading into the next big headline risk event, Tuesday's CPI report." Read more...
Bodnar of MMG: Inflation Continuing to Unnerve Global Markets

Bodnar of MMG: Inflation Continuing to Unnerve Global Markets

Saturday, 04 March 2023
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Inflation here and abroad has unnerved the financial markets, according to Bill Bodnar of the Mortgage Market Guide. Read more...
Supreme Court Takes Case Threatening CFPB’s Existence

Supreme Court Takes Case Threatening CFPB’s Existence

Saturday, 04 March 2023
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The Supreme Court has agreed to hear a case that could endanger the existence of the Consumer Financial Protection Bureau, the Federal Reserve and other federal agencies. So reports DSNews. Read more...
Rocket, UWM Cut Jobs After First Losses Since Going Public

Rocket, UWM Cut Jobs After First Losses Since Going Public

Saturday, 04 March 2023
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Rocket Companies and United Wholesale Mortgage have revealed thousands of job cuts shortly after each posted its first quarterly loss as a public company. So reports the Detroit Free Press. Read more...
Fannie Mae Adds Fuel to Appraisal Modernization’s Fire

Fannie Mae Adds Fuel to Appraisal Modernization’s Fire

Saturday, 04 March 2023
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Fannie Mae has provided details about its ongoing effort to modernize property valuation, with appraisals no longer necessarily the default option. So reports Mortgage Orb. Read more...
Mortgage Rates Hit Three-Month High

Mortgage Rates Hit Three-Month High

Saturday, 04 March 2023
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U.S. weekly long-term mortgage rates have risen for a fourth straight week, reaching their highest point in three months. So reports the Associated Press. Read more...
Bodnar of MMG: Inflation Number 'Sucked'

Bodnar of MMG: Inflation Number 'Sucked'

Friday, 24 February 2023
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"You can't sugarcoat it. That inflation number--it sucked," observes Bill Bodnar of the Mortgage Market Guide. "It was unnerving... the markets really got banged around." Read more...
FHA Cuts Mortgage Insurance Premiums by 30 Basis Points

FHA Cuts Mortgage Insurance Premiums by 30 Basis Points

Friday, 24 February 2023
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The Biden administration announced that the Federal Housing Administration will reduce the annual mortgage insurance premium it charges by 30 basis points. So reports NBC News. Read more...

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