MIG Market Watch, Week of March 23rd, 2020

2020-03-23T14:38:37-04:00

MARKET COMMENT
Mortgage bond prices finished the week lower which put upward pressure on rates. Rates improved Monday morning in response to the surprise Sunday additional rate cut and MBS purchase announcement. Unfortunately, that was short-lived as rates spiked significantly higher

MIG Market Watch, Week of March 23rd, 20202020-03-23T14:38:37-04:00

Zillow Group Pauses Home Buying in Zillow Offers in Response to COVID-19 and Market Uncertainty

2020-03-23T14:35:02-04:00

Zillow Group, Inc. (NASDAQ:Z) (NASDAQ:ZG), which is transforming the way people buy, sell, rent, and finance homes, today announced it will pause home buying in all 24 markets where Zillow Offers currently operates in response to local public

Zillow Group Pauses Home Buying in Zillow Offers in Response to COVID-19 and Market Uncertainty2020-03-23T14:35:02-04:00

MBA Statement on Fed Announcement to Purchase Mortgage-Backed Securities

2020-03-23T14:32:22-04:00

MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Reserve’s announcement that it will increase the scale and scope of purchases of agency mortgage-backed securities (MBS) in the amounts needed to support the smooth functioning

MBA Statement on Fed Announcement to Purchase Mortgage-Backed Securities2020-03-23T14:32:22-04:00

Dave Hershman – Whiplash

2020-03-23T14:32:32-04:00

Believe it or not, we started the year quite smoothly. Yes, we were expecting some excitement due to the fact that we had a Presidential election coming our way. Little did we know that the primaries would take a back-seat

Dave Hershman – Whiplash2020-03-23T14:32:32-04:00

NAR Survey Finds Nearly Half of Realtors® Say Home Buyer Interest Has Decreased Due to the Coronavirus Outbreak

2020-03-19T12:51:20-04:00

Nearly half of Realtors® – 48% – said home buyer interest has decreased due to the coronavirus outbreak, according to a new survey from the National Association of Realtors®. That percentage tripled from a week ago when it stood at

NAR Survey Finds Nearly Half of Realtors® Say Home Buyer Interest Has Decreased Due to the Coronavirus Outbreak2020-03-19T12:51:20-04:00

2020 Sees Refinances Rise Along With Closing Rates According to February Ellie Mae Origination Insight Report

2020-03-19T12:47:32-04:00

Interest rates continued to decline in February, driving up the share of refinances by two percentage points, According to the February Origination Insight Report from Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry.

The 30-year rate on all

2020 Sees Refinances Rise Along With Closing Rates According to February Ellie Mae Origination Insight Report2020-03-19T12:47:32-04:00
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