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Bodnar of MMG: What to Take Away from Positively Sloped Charts

Rates have ticked up with the 10-year note at 1.15%. This week Bill Bodnar of The Mortgage Market Guide (MMG) discusses some positively sloped charts that are important for you and your clients to follow. Read more...

Fed’s Kaplan Says Stock-Trading Mania Poses No Systemic Risk

Dallas Federal Reserve Bank President Robert Kaplan has reassured investors that the recent, Reddit-driven spree of trading in stocks such as GameStop does not currently threaten overall market stability. So reports Reuters. Read more...

Hazy Economic Outlook Leaves Mortgage Rates Adrift

Mortgage rates have held steady after a week when the spread of new COVID-19 variants and debate over federal pandemic relief efforts clouded the near-term economic picture. So reports Moneywise. Read more...

BofA Boosts Planned Affordable Housing Spending to $15B

Bank of America has tripled its investment commitment on affordable housing, to a total of $15 billion over the next five years. So reports Reuters. Read more...

Las Vegas Tops List of Most Overvalued Housing Markets

Las Vegas has the most overvalued housing market of the 20 biggest U.S. metro areas, according to Fitch data as of the fourth quarter of 2020. So reports MarketWatch. Read more...

Fannie Mae Chief Economist on Factors Driving the Housing Market

According to a study done by Eyul Tekin, “after adjusting for inflation over time the future of the American Dream seems rather gloomy. Median home prices increased 121% nationwide since 1960, but median household income… Read more...

35 Million U.S. Homes at High Risk from Natural Hazards: Report

Almost a third of the U.S. housing stock, or 35 million homes, are exposed to high risk from natural hazards, according to the CoreLogic 2020 Catastrophe Report. Read more...

Bodnar of MMG: What Fed Week Developments Mean for Clients

Fed Chair Powell said three things important for mortgage/housing and the overall economy, said Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

Forbearances Rise Again: Black Knight

The number of mortgages in active forbearance was up again, rising by 20,000 from Tuesday of the previous week. That's according to Black Knight’s McDash Flash Forbearance Tracker. Read more...

HUD Nominee Vows to Protect Homeowners Who’ve Fallen Behind

President Joe Biden’s housing secretary nominee, Marcia Fudge, has told senators that her first priority if confirmed would be to defend the millions who have missed mortgage or rent payments because of lost earnings since… Read more...

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