FDIC Alert! $114 billion in face value Agency Mortgage Backed Securities, Collateralized Mortgage Obligations, and Commercial Mortgage Backed Securities about to be liquidated ‘gradual and orderly’ with the ‘aim to minimize the potential for any adverse impact on market functioning’ by BlackRock. April 5, 2023 9:59 pm
Mortgage Demand Decreased -4.1% From One Week Earlier As Rates Decline, Purchase Demand Down -35% Since Last Year, Refi Demand Down -59% (REAL Weekly Wage Growth = -1.9% YoY, REAL Home Price Growth = -3.86% YoY) April 5, 2023 10:22 am
Remote-work trend creates mortgage-backed securities default risk, Moody’s warns March 26, 2023 8:01 am
Strange Days! US Mortgage Rate Falls To 6.97% As Banking Crisis Persists (Yellen, Bank Consolidations, Bailouts And The Return Of QE) March 18, 2023 3:34 pm
US Mortgage Rate Rise To 7.13% As Inflation Remains And Fed Counterattacks March 10, 2023 10:01 amMarch 9, 2023 10:23 am
Smells like mortgage backed securities blowing up… Debit Suisse goes on MSM pushing Narrative of extreme housing shortage. Coincidence? March 5, 2023 6:34 pmMarch 3, 2023 2:49 pm
The average 30-year fixed U.S. mortgage rate back to 7.10% Rates jump back to the 7% range… The bond market is collapsing yet again March 3, 2023 9:35 am
Mortgage Purchase Demand Decreases, Lowest Level Since 1995 As Fed Removes Punch Bowl (Punch Bowl To Dust Bowl) March 1, 2023 10:46 am
So much for starting that family young: Minimum income required to get a mortgage nears $100,000 February 23, 2023 3:51 pm
Bond Yield rises are tightening a noose on economies and raising mortgage rates February 23, 2023 3:39 pm
MBA: Mortgage Purchase Applications Decreased Sharply -18.1%, Lowest Since 1995 (Down -41% YoY, Refi Apps Down -72% YoY) February 22, 2023 6:40 pm
US Mortgage Applications Decline 7.7% From Last Week As Fed Continues Their Counterattack On Inflation (Purchase Apps Down 43% From Last Year, Refi Apps Down 76%) February 15, 2023 9:35 pmFebruary 15, 2023 5:14 pm
Fragility! The Federal Reserve Is Slow-Walking Its Shrinking Of Mortgage-backed Securities As M2 Money Growth Goes Negative (Mortgage Purchase Demand Down -37% Since Last Year And Down -45% Since February 5, 2021) February 8, 2023 6:41 pm
Born Under A Bad Sign? US Residential Purchase Mortgage Demand Falls 44% YoY As Fed Tightens (Refi Apps Fall 86% YoY), But Apps UP In First Week Of 2023 January 11, 2023 2:39 pm
Mortgage Applications Dropped To Lowest Since 1996 As Purchase Applications Drop -22.2% WoW, -38.5% 2WoW, -42% YoY (Refi Apps Down -87% YoY) January 4, 2023 10:26 pm
Mortgage Bomb Cyclone! Mortgage Rates Drop 82 Basis Points Since October 21, Yet Purchase Apps Down -17.25% (Purchase Apps Down 36% Since Last Year, Refi Apps Down 85% Since Last Year) December 21, 2022 10:32 am
US Real GDP Growth Forecast To Be Dismal 0.50% In 2023, Personal Savings Rate -67.9% YoY In October, US Mortgage Rates Headed Down (Economic Lights On But Nobody’s Home) December 18, 2022 8:33 pmDecember 18, 2022 8:24 am
“About 250,000 Americans who took out a mortgage this year to buy a home are now underwater, meaning the home is worth less than the loan they took out on it, according to new data from Black Knight. Another 1 million have less than 10% equity”… December 13, 2022 10:23 pm
