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Fed Officials Say Rising Bond Yields May Stand in for Rate Hikes

Fed Officials Say Rising Bond Yields May Stand in for Rate Hikes

Saturday, 14 October 2023
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Two Federal Reserve officials have said that a spike in yields for U.S. long-term treasury bonds could lessen the need for the Fed to continue hiking interest rates. So reports Reuters. Read more...
UWM’s Ishbia Eyes New Investors for Phoenix Suns: Report

UWM’s Ishbia Eyes New Investors for Phoenix Suns: Report

Saturday, 14 October 2023
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United Wholesale Mortgage CEO Mat Ishbia has had talks exploring potentially adding new investors to the Phoenix Suns and Mercury basketball teams, according to sources with knowledge of the situation. So reports Bloomberg. Read more...
Industry Groups Warn Fed to Quit Hiking Rates... or Else

Industry Groups Warn Fed to Quit Hiking Rates... or Else

Saturday, 14 October 2023
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The National Association of Home Builders, the Mortgage Bankers Association and the National Association of Realtors have pressed the Federal Reserve to stop tightening the money supply, or else risk economic turmoil. So reports CNBC. Read more...
Mortgage Rates, at Post-2000 Highs, Rise for Fifth Straight Week

Mortgage Rates, at Post-2000 Highs, Rise for Fifth Straight Week

Saturday, 14 October 2023
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The average U.S. long-term mortgage rate has increased for a fifth consecutive week, remaining at the highest since December 1, 2000. So reports The Associated Press. Read more...
MMG's Bodnar: The Trend is Not Our Friend

MMG's Bodnar: The Trend is Not Our Friend

Saturday, 07 October 2023
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 Bill Bodnar of the Mortgage Market Guide (MMG) discusses the Friday jobs report, the implications of it on the bond market and the week ahead.    Read more...
HUD Awards $160M to Senior Housing Nonprofits

HUD Awards $160M to Senior Housing Nonprofits

Saturday, 07 October 2023
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The Department of Housing and Urban Development has awarded $160.1 million in grants to 25 nonprofit providers of affordable senior housing. So reports McKnights Senior Living. Read more...
Mortgage Rates Rise to Highest Since December 2000

Mortgage Rates Rise to Highest Since December 2000

Saturday, 07 October 2023
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Pain for homebuyers has continued as U.S. long-term mortgage rates have posted their fourth straight weekly increase, climbing to a nearly 23-year high. So reports Bloomberg. Read more...
September Mortgage Rate Locks Fall 13.29%, MCT Says

September Mortgage Rate Locks Fall 13.29%, MCT Says

Saturday, 07 October 2023
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With rates and home prices still on an upward trajectory, mortgage lock volume slid 13.29% in September, according to advisory firm Mortgage Capital Trading. So reports MortgageOrb. Read more...
MMG's Bodnar: What A Week... and More To Come

MMG's Bodnar: What A Week... and More To Come

Saturday, 30 September 2023
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Bill Bodnar of the Mortgage Market Guide (MMG) weighs in on the highest mortgage rates this century as well as impending home sales figures and more.  Read more...
U.S. Housing Market Grows to Record $52 Trillion: Zillow

U.S. Housing Market Grows to Record $52 Trillion: Zillow

Saturday, 30 September 2023
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U.S. home values have roared back to new highs after a brief pullback late last year, according to Zillow. So reports Elite Agent. Read more...

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