FHA has increased Annual MI premiums across the board by .25% effective with case numbers issued on or after 4/18/2011. The FHA is boosting the annual mortgage insurance premium charged on its home loans, a move that will...
After 5 days of selling in the rate markets, this morning a little improvement. Prior to 8:30 the 10 yr note held a 12/32 price gain and mortgages up 7/32 (.22 bp); at 8:30 weekly jobless claims were better halting any...
Weekly jobless claims hit at 8:30 and were better than expected, down 31K compared to the estimates of down 15K. 473K new filings for unemployment isn't good but in this paranoid market environment it did put a bid in...
The bond and mortgage markets opened stronger this morning with weaker stock indexes in the US and weaker global markets. We have warned for months that the global and US economic outlook had become too optimistic, over the...
Tuesday; 8:30 July personal income and spending (income +0.1%, spending unch) 10:00 June factory orders (-0.5%) June pending home sales -5.0% 2:00 July auto and truck salesWednesday; 7:00 weekly MBA mortgage applications 8:15...