• February 28, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +0 BPS with 60 minutes left to trade. Taking it to the House: Another round of bad housing news today. December YOY Case Shiller Home Price Index tanked from an appreciation rate of 6.8% in November down to only 4.6% in

• February 27, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +8 BPS with 60 minutes left to trade. Rosie the Riveter: January headline Durable Goods Orders were weaker than expected, -4.5% vs. est. of -4.0% but ex Transportation, they were much stronger than expected, 0.7% vs. est. of 0.1%. Non Defense

• February 26, 2023
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• realestatelife

  Who doesn’t want to be debt-free? That aspiration may seem like a long way ahead, but debt elimination doesn’t have to be a pipe dream, especially if you have the right guide on your side. Let Michael Harris be that guide on your journey to a debt-free life. Tune in as he discusses what

• February 24, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -29 BPS with 60 minutes left to trade. Inflation Nation: The Fed’s key measure of inflation was much hotter than expected. Headline PCE increased by 0.6% on a MOM basis vs. est. of 0.5%. YOY, it increased by 5.4% vs. est.

• February 23, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +20 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims were once again lower than expected, 192K vs. est. of 200K. The more closely watched 4 week moving average is now 191K. Continuing Claims hover near

• February 22, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +17 BPS with 60 minutes left to trade. Domestic Flavor: Taking it to the House: Weekly Mortgage Applications tanked for the second week in a row, this time they were down -13.3%. Refinances fell by only -2.2% but Purchase Applications dropped

• February 22, 2023
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• realestatelife

Inflation Buster helps lower your monthly payment. United Mortgage Corporation of America will pay 1% of your interest rate for the first year at no cost to you, saving you hundreds – even thousands. You get the security of a 30-year fixed-rate mortgage locked in at today’s rate. For example, if you lock a 6%

• February 21, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -36 BPS with 60 minutes left to trade. Taking it to the House:  January Existing Home Sales were 4.00M vs. et of 4.10M which is down -0.7% from December and 37% YOY. The median home sales price did move higher on a YOY

• February 19, 2023
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• realestatelife

  Now is the time to decide for your future! But before you do, you have to listen to today’s discussion. In this episode, Michael Harris brings some insights to understand the cost of waiting versus the savings of getting started now. He welcomes Marisha Charbonnet with great information on real estate planning. So, let’s

• February 17, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up just +6 BPS with 60 minutes left to trade. Genco Olive Oil: Import Prices in January fell by -0.2% which matched expectations. YOY, they were up by 0.8% which was much lower than estimates in the 2.9% range. Export Prices were