Wells Fargo had about 18,000 loans in its retail origination pipeline within the early weeks of the fourth quarter, in line with individuals with data of the corporate’s figures. That's down as a...
Margin loans, medium-term leases, and potential mortgage fee errors summarize what Carl and Mindy have been as much as over the previous couple of months. It’s been a minute since we’ve checked in...
Prior -1.7%Market index 200.1 vs 201.1 priorPurchase index 160.5 vs 160.4 priorRefinance index 386.7 vs 394.7 prior30-year mortgage rate 7.06% vs 7.16% priorAnother week, another slump in mortgage activity as high rates continue...
Prior -4.5%Market index 201.1 vs 204.6 priorPurchase index 160.4 vs 164.2 priorRefinance index 394.6 vs 394.6 prior30-year mortgage rate 7.16% vs 6.94% priorYikes. The average interest rate of the most popular home loan...
by confoundedinterest17
Pension funds have long been investing in “safe” agency mortgage-backed securities.
But as The Fed does its “tighten up”, we are seeing agency MBS prices falling and duration risk rising.
I remember showing my Fixed-income...
