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Posts Tagged ‘mortgage bonds’


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Jobless Claims Rise, Mortgage Bonds Up, FHA’s Changes

Yesterday was a pretty big day, and this morning even more. The DOW is currently down about 133 points, and while several economic reports are out, the biggest one is, again, the Jobless Claims is in at 482k, that is the largest jump in claims in the past 8 months – a pretty big figure….Read the Rest of Article

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FHA Increases UFMIP and Down Payments

So I’m sitting here watching CNBC, and what do I hear? FHA changes UFMIP to 2.25% and Down Payments are being increased! If you recall, I have been writing about my outlook on FHA changes for a while now, and folks, I wasn’t that far off. The Federal Housing Administration has been in some financial…Read the Rest of Article

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Jobless Claims Help Mortgage Bonds

Well after a pretty rough day for mortgage bonds yesterday, we are seeing a little rebound after this morning Jobless Claims. The figure came in higher than expected at 444k. Also had the Retail Sales report this morning, and while it was expected to come in at 0.4%, it actually came in alot below that…Read the Rest of Article

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And the New Year is Officially Underway

Hope everyone had a great New Year celebration! For Texas lenders such as myself, it is definitely going to be a challenging year with all these rules and regulations that have come out and others that are still in the works. Mortgage bonds are up 41 bps this morning and are kicking some serious butt!…Read the Rest of Article

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Early MBS Rebounds

Currently up 22 bps for the morning session, we’re seeing a little bounce back from yesterday’s losses. It’s still early so, I wouldn’t expect mortgage rates to open lower today, however, today is JAM PACKED with reports, and that could sway MBS in several directions. Here’s what’s on the menu for today: Personal Consumption Expenditures…Read the Rest of Article

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