Mortgage bond prices finished the week flat which held rates steady. We started the week with some upward pressure on rates Monday morning. The Fed countered the selling pressure, and we recovered a bit Tuesday. The inflation data was
Freddie Mac (OTCQB: FMCC) announces the pricing of the SB88 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue approximately
Tying the knot can be one of the best decisions you make in your life. In many cases, tying the knot also means sharing financial accounts and bills. If you’re concerned about how mixing your credit may impact your FICO® Scores,
To put it mildly, we have seen a quite interesting housing market through the pandemic. During most recessions, falling incomes and tighter guidelines cause the housing market to slow and lead to stable or lower housing prices. During
Hispanic homeowners in the U.S. are more likely than people of other
Mortgage bond prices finished the week higher which put downward pressure on rates. Most improvements came Tuesday and Thursday. There was very little data. Weekly jobless claims were 373K vs the expected 348K. The Fed minutes showed some internal
Southwest Florida roofing company executive Casey David Crowther has been sentenced to three years and one month in federal prison after being convicted in a PPP loan fraud case where he bought a $700,000 boat, among other expenditures, with the
Sellers are returning to the housing market as the number of homes
