For the fourth fifth time (in as many months) the National Association of Realtors has revised their forecast for the performance of residential real estate in the U.S. “[NAR] now projects that the median existing home price for all of 2007 will be down 1.4 percent, which is slightly worse than its previous forecast of a 1.3 percent drop..[and] is looking for a 2.6 percent drop in new home.
MBS RECAP: Bond Markets Fight Fire With Fire .. Mortgage Rates Barely Budge as Markets Head Home For Holidays . mortgagenewsdaily.com Mortgage rates didn’t move much today, which is a victory unto itself on a week with 3 of the worse consecutive days of the year. In fact, lenders that changed.
Posted To: mbs commentary One of the most interesting parts of today’s Fed Minutes release was their characterization of the market’s surprise at December announcement. At best, the Fed was seen as being a shade too optimistic about the economy and the ability to remain in a "steady as she goes" stance with monetary policy.
Posted To: MBS Commentary. Today’s trading session was certainly more interesting than yesterday’s-especially if we’re counting overnight trading hours. European bond markets led Treasuries lower overnight on news that Francois Bayrou (a previous candidate who never comes close to winning) would announce his candidacy today.
mortgage rates today, November 28, plus lock recommendations Mortgage rates today, April 17, 2018, plus lock recommendations smart homes: what you need to know about I.o.T. devices In the early days of the Smart Home and IoT we saw companies develop home. In a Smart Home there is no need to dangerously crawl into the house through a.
· fed can let inflation go hotter at the same time when margins could come under pressure because of inflation pressures — that depletes outlook for earnings. THAT IS WHAT WE HAVE SEEN THROUGH THE.
As such, your best bet for a recap of the entire day is to get the details from the Mid-Day commentary (HERE). For those who don’t click links, here’s another run-down: Fed speakers were. Next week.
MBS Day Ahead: Every NFP Week is Important Until Fed Hike (or Lack Thereof) As at end-October 2014, the Fed balance sheet had swelled to US$4.5 trillion from an original US$869 billion on 8 august 2007, just ahead of the financial crisis. As at the end of the April 26, 2017 week, the asset base of the Fed still stood at US$4.5 trillion, so there has been no change in two-and-a-half years.
When banks come to the Fed’s "discount window" for a loan, computers create money out of nothing, and the banks pay the Fed interest for the newly created money using already existing money (previously created in similar fashion; when the banks pay back the loan, the money disappears into the same hole from which it was created).
Dave and Hugh recap the vents of the game, which ended up being far more interesting than expected. In case you missed it, and with the aforementioned basketball game on, you very well may have, the M’s won again, blowing out KC 13-5.