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Mortgage News Daily
- Mortgage Rates Mostly Maintain Wednesday's Strength February 6, 2025Yesterday was notable for being the first day in more than a week to offer any excitement for rates. More notably, that excitement was the good kind. The average lender moved back under 7.00% for top tier conventional 30yr fixed rates for the first time since December 17th, even if only by a scant 0.01%. […]
- MSR, Servicing, Customer Retention, Equity Tools; Non-Agency News February 6, 2025“Nothing says, ‘I mean business’ than using a shopping cart at the liquor store.” We’re already 10 percent through with 2025, and residential lenders and vendors don’t know whether “meaning business” is spending their time watching Washington DC or trying to help their borrowers. Or both. Trump fired CFPB head Rohit Chopra and appointed Treasury […]
- Consolidation Ahead of Jobs Report (Which Still Matters) February 6, 2025Coming off yesterday's solid rally, the bond market underwent a modest correction in the overnight session. Most of the gains remain intact, but the bounce makes a case for a short term yield floor at 4.415--a level that saw multiple bounces yesterday and another one just this morning after the jobless claims data. With no […]
Zillow News
- Single-family rents reach record high, 20% above apartments January 22, 2025
- Buffalo thunders back as Zillow's hottest market for 2025 January 7, 2025
- Home sales poised to increase next year, if rates cooperate December 16, 2024