Article Updated July 18, 2018. If itâs time to purchase a new vehicle, you may be wondering about one obstacle that could get in your way: your credit. Maybe youâre unsure how good your credit is, and you donât know what credit score is needed to buy a car either. It is better to educate… Read More
Posted To: MBS Commentary
Selling Spree Continues; MBS Underperforming Earlier in the day, Treasuries looked to be selling off at a slower pace versus the past few trading sessions. After sharp spikes in yields, this is the kind of pattern we tend to see before bonds find some support and undergo a friendly correction. But just after the 9:30am NYSE open, Treasury yields hit more new long-term highs, thus re-setting our vigilant search for support. To make matters worse, MBS underperformed (i.e. they had an even worse day than Treasuries) with both UMBS 1.5 and 2.0 coupons losing nearly 3/8ths of a point by the close. Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am (M-F) and 1pm (T-Th) Market Movement Recap 08:34 AM Treasuries were slightly stronger during the first part of the overnight session. After…(read more)
Getting a low interest rate on mortgage can make buying a home or refinancing an existing loan affordable. You could wait for mortgage rates to drop before applying for a loan but buying mortgage points is another option. Also referred … Continue reading →
The post What Are Mortgage Points? appeared first on SmartAsset Blog.
If you can spare a little more money each month, switching from a 30-year to a 15-year mortgage can save you big bucks in the long-run.
The post 15-Year vs. 30-Year Mortgages: Which is Better? appeared first on MintLife Blog.
Here’s why it’s important, and how you can do it easily.
Is the market a seller’s market or buyer’s market? What else is happening in the real estate industry? Read Homie’s October update now.
The post Homieâs Las Vegas, Nevada Housing Market Update October 2020 appeared first on Homie Blog.
Mortgage match-ups: “Mortgage rates vs. the stock market.” With all the recent stock market volatility, you may be wondering what effect such events have on mortgage rates. Do mortgage rates go up if stocks go down and vice versa? Or do they move in relative lockstep? Let’s find out! Stocks and Mortgage Rates Follow the [&hellip
The post Mortgage Rates vs. the Stock Market first appeared on The Truth About Mortgage.