by confoundedinterest17 Pension funds hold large positions in US Treasuries and Agency Mortgage-backed Securities (MBS). As does America’s central bank, The Federal Reserve. All are suffering losses as The Fed fights inflation. (Bloomberg) — Week by week, the bond-market crash just keeps …
by confoundedinterest17 Is it sundown for housing and mortgage markets with Fed quantitative tightening (QT)? Freddie Mac’s 30-year mortgage commitment rate just rose to its highest level since … The Fed initiated Quantitative Easing (aka, fanatical money printing) during the financial …
by confoundedinterest17 The Freddie Mac 30-year mortgage rate is rising faster than a SpaceX moonshot! I’m telling your now that The Fed is killing the dreams of millions of Americans by pricing them out of the housing market. Home price growth is …
by confoundedinterest17 WASHINGTON (AP) — Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation. The average 5% rate on the …
by confoundedinterest17 The Federal Reserve is not mentioned in the movies “The Big Short” or “Margin Call”, but The Fed’s policy errors played a big role in the demise of Fannie Mae’s and Freddie Mac’s equity prices. Here is a chart …
by confoundedinterest17 The banner headline is … US existing home sales declined 4.6% MoM in December. But that isn’t the interesting news. The interesting news is the mystery of the missing housing inventory. While various pundits told us that inventory would …
by confoundedinterest17 The Freddie Mac 30-year mortgage commitment rate rose to 3.12%. But once we subtract the gut-wrenching inflation rate, the REAL 30-year mortgage rate is -3.689%. The nominal Freddie Mac 30-year commitment rate rose to 3.12% which is still lower …
by Ryan McMaken of Mises Institute Last Week, the US Supreme Court confirmed that Fannie Mae and Freddie Mac are essentially government-owned corporations, and are likely to stay that way. The court didn’t say this in so many words, but the ruling (namely, Collins …
The smart money thinks it’s only a matter of time — weeks, maybe days — before the meme-stock craze finally evaporates. But if history is any guide, this mania hasn’t quite run its course. For proof, look no further than …
by confoundedinterest17 (Bloomberg) — The U.S. Supreme Court dealt a blow to Fannie Mae and Freddie Mac investors in their challenge to the government’s collection of more than $100 billion in profits from the government-sponsored enterprises. The justices threw out a core …
by confoundedinterest17 Freddie Mac’s 30-year mortgage commitment rate keeps on rising. Now to 3.17%. This is happening at the 10-year Treasury yield continues to climb. Note that interest rate volatilty (SRVIX) surged and remains elevated compared to equity volatility (VIX). (Bloomberg) …
by confoundedinterest17 I am not happy about rising mortgage rates and MBS duration. Freddie Mac just announced their 30-year mortgage rate … and it rose to 3.09%. But its the MBS modified adjusted duration that’s skyrocketing.
by confoundedinterest17 Freddie Mac’s survey of mortgage lenders (commitments) rose to 3.05% in today’s release. The spread between Freddie’s 30Y rate and the 10Y Treasury yield has been falling (bottom pane). Over a longer time frame, you can see that the …
by confoundedinterest The Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie were placed into conservatorship with their regulator back in 2008 after housing prices declined and mortgage defaults spiked. But since the catastrophic year of 2008, Fannie Mae (as an example) …
Fannie and Freddie 10 years later from CNBC. When the housing market began its epic and historic free-fall in 2008, mortgage giants Fannie Mae and Freddie Mac faced imminent collapse. The Treasury Department stepped in with a major bailout that …
https://www.youtube.com/watch?v=dP4IEDF5UgM So Yeah Freddie Mac The Same Corrupt Government Slush Fund That Caused The Great Recession Of 2008 Is Now 10 Years Later Doing The Same Thing Exact ThingThat Caused The Largest Recession / Depression Since The Great Depression 1929 …
by Anthony B Sanders Freddie Mac’s 30 year committment rate keeps rising and … The Federal Reserve has an 88.7% probability of raising rates AGAIN in March. (Mortgage Orb) Mortgage rates increased significantly during the week ended Jan. 25, with …
by olesentv There’s a housing crisis in the United States. Even though it’s been almost 10 years since the housing meltdown that happened in 2008,, there is still massive distortion in the market as a consequence of that crisis. Economics at …
Fannie and Freddie could need $100 billion bailout in next crisis, stress test finds Fannie Mae and Freddie Mac could need a taxpayer bailout of as much as $99.6 billion if a severe economic downturn gripped the U.S., their regulator …