Category: Your Real Estate Life

• September 7, 2023
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• realestatelife

WRAP UPUMBS 6.0: 99.91 (+33bps)10yr yield: 4.25 Good day for bonds. If repriced better, consider taking it, otherwise you may want to consider floating into tomorrow to see if pricing is better and reflects the gains. This doesn’t really change the mid term outlook, but at least it’s a good day. Nothing on the calendar

• September 6, 2023
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• realestatelife

WRAP UPUMBS 6.0: 99.59 (-16bps)10yr yield: 4.30 Stronger than estimated ISM services numbers this AM sent bonds selling, but the Fed’s Beige Book showed slowing growth in the economy for July and August. Rates still likely to creep higher heading into Fed mtg 9/20, with only a surprisingly positive inflation reading next week being something

• September 5, 2023
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• realestatelife

WRAP UPUMBS 6.0: 99.77 (-42bps)10yr yield: 4.27 Lots of reprices worse pouring in this afternoon, hopefully you were able to lock with our first alert. Rates are back on the rise, and we have a lot more room to see them move higher. I wouldn’t get too hopeful of seeing them start to move lower

• September 7, 2026
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• realestatelife

Jim McKinley money@moneywithjim.org For first-time homebuyers and early-stage property investors planning a career-related relocation with kids and pets, a professional family relocation can feel like too many moving parts at once. The core tension is real: career move logistics collide with school decisions, pet care, partner schedules, and housing costs that can shift fast, turning

• September 7, 2026
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• realestatelife

Suzie Wilsonwww.happierhome.net For first-time home sellers and busy homeowners trying to list between work, family, and moving plans, home repairs before selling can feel like a trap. The core tension is simple: pre-listing upgrades can help a sale, but guessing wrong can burn cash, delay the timeline, and still leave real estate selling challenges on

• September 3, 2023
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• realestatelife

U.S. job growth continued at a moderate pace in August while the unemployment rate unexpectedly jumped, a sign that the labor market is finally cooling in the face of rising interest rates and chronic inflation. Employers added 187,000 jobs in August, the Labor Department said in its monthly payroll report released Friday, topping the 170,000 jobs

• September 1, 2023
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• realestatelife

Rate sheets this morning likely to be in line with yesterday, as both those that locked and those that floated win this morning… since there is basically no change. Reprice risk on the day is low, we may see bonds drift higher as traders park money in bonds for what is historically the last hurrah

• August 31, 2023
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• realestatelife

Rate sheets this morning likely to be a bit worse than yesterday, and loans are facing a decision of whether to lock or float ahead of tomorrow’s jobs data. Reprice risk today is low, not much to worry about. The outlook today is much brighter than a week ago, with the door open to see

• August 30, 2023
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• realestatelife

WRAP UPUMBS 6.0: 100.11 (-8bps)10yr yield: 4.12 Bonds losing steam in the late afternoon, could see some late day lender reprices worse. Never a bad idea to consider locking risk averse and near term, unless planning on floating into Friday’s jobs data to see what that brings. I’m no clairvoyant, all I can tell you

• August 29, 2023
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• realestatelife

MBS OVERVIEW Taking it to the House: The June FHFA Housing Price Index showed a MOM increase of 0.3% versus estimates of 0.2%. The June Case Shiller Metro City YOY Index dropped by -1.2% versus estimates of -1.3%. Jobs, Jobs, Jobs: The July Job Openings and Labor Turnover Survey (JOLTS) showed 8.827M unfilled jobs versus