MBS RECAP: Weaker Start, But Stronger Finish Thanks to Econ Data

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Posted To: Mortgage Rate WatchMortgage rates fell again today as mortgage lenders got caught up with yesterday’s market movements. mortgage rates are based on bond market trading levels, but mortgage lenders only adjust rates once per day unless there’s quite a bit of movement.

That feels like it should be a net-positive for bonds, and trading levels seemed to agree this afternoon. MBS Pricing Snapshot Pricing shown below is delayed, please note the timestamp at the bottom..

MBS Day Ahead: trading patterns a Bigger Story Than The Data May 30, 2019 Broker, Digital, customer retention products; fha, VA, Ginnie Changes May 30, 2019 mbs recap: strong start And Weak Finish Leave Bonds Little-Changed May 29, 2019

I got a ticket (Thanks Rick!) to the Blues game, and watched them win the game and the series to advance to the second round. I had never witnessed the lining up of the players for the traditional handshake at series end. Talk about loud. That crowd was loud from start to finish, and a pretty thrilling end to the game. WOW!

The comments, which he made despite strong jobs data, came amid barrage of criticism from economists over Mr Trump’s decision to propose Herman Cain, a former Republican presidential contender and vocal backer of the president, to be a governor of the Fed’s powerful board.

This 2-month-old puppy was lost near the intersection of Bandini Avenue and Riverside Avenue on or around Wednesday, March 5, 2015. Please call April at 951-205-4429 if you’ve found this puppy so the owners can be notified.

Dan Jackson (@MVMortgage) | Twitter – The latest Tweets from Dan Jackson (@MVMortgage). With 25 years experience in the mortgage industry, Dan Jackson has extensive knowledge in all areas of mortgage lending. portland, Oregon

Mortgage payments may jump in 2019, so buy that house now If interest rates are at record lows, it may be a good time to buy, as you will pay a reduced cost for the privilege of borrowing money. If property values are on the decline, it may be a good time to wait as you could end up getting a better deal on the same type of home in just a few months’ time.

MBS RECAP: Strong Start And Weak Finish Leave Bonds Little-Changed (read more) Mortgage Rates Lowest Since January 2018 (read more) Lending is Disadvantaging its Own Future (read more)

Thanks to everyone who followed along in here this season. Lots of ups and downs, and there’s only one team that gets to finish post-season play with a win. Unfortunately that wasn’t us this year, although we got a lot closer to it than I ever expected we would. If anyone finds themselves wanting to talk about pitching during this long off.