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MBS Day Ahead: Is This The Bounce We’ve Been Looking For?
Posted To: MBS Commentary
After 8 straight days with yields closing higher than they opened, bonds are starting out in stronger territory with a chance to reverse the curse. The longer those losing streaks are, the more certain we can be of seeing a corrective green day. Today has every possibility of becoming that day. In fact, as of right now, it already is. But much like that old Jedi dude and the droids, this may not be the bounce we've been looking for. While a rally today would indeed fulfill the increasingly dire need for a technical correction in bonds, the rally would be more meaningful if it coincided with tomorrow's 10yr Treasury auction as opposed to today's 3yr. Why? 3yr Treasuries are a fundamentally different part of the bond market–one with far less bearing on mortgages, and simply not very…(read more)
How to apply for a mortgage and get approved: 5 steps to success
Learn how to apply for a mortgage the right way. Give yourself the best shot at getting the type of loan you want and a low interest rate when you apply.
Commercial and multifamily mortgage bankers slated to close more loans in 2021
The Mortgage Bankers Association (MBA) has forecast an 11% gain in commercial and multifamily loan originations this year. Commercial and multifamily mortgage bankers are expected to close $286 billion of loans backed by income-producing properties in 2021, up from the estimated $440 billion volume in 2020. MBA forecasted that total multifamily lending alone – which … [Read more…]
Didnât Save Enough for Retirement? 10 Tips for Making it Work
What is a credit builder loan?
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. See Lexington Lawâs editorial disclosure […]
Didn’t Save Enough for Retirement? 10 Tips for Making it Work
If you didn’t save as much as you wanted, you still have options.
What is a credit builder loan? – Lexington Law
Should I Consolidate My Federal Student Loans? – When It Makes Sense
Governor Cuomo Announces Findings of New York Investigation of Redlining in Buffalo – ny.gov
Governor Cuomo Announces Findings of New York Investigation of Redlining in Buffalo ny.gov