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Mortgage -Top news

Mortgage Rates Treading Water Near Long-Term Highs
(Mortgage News Daily) - 3 hours, 42 minutes ago...
Posted To: Mortgage Rate WatchMortgage rates are having a bleak September, having risen at least an eighth of a percentage point in all cases and by a quarter of a point in many cases. Depending on the lender and scenario, conventional 30yr fixed rates of 5.0% aren't out of the question although 4.875% remains far more prevalent for borrowers with lots of equity/down-payment and top-tier credit. Either way, that's as high as mortgage rates have been since 2011 for most lenders. Most of...
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MBS Day Ahead: Bonds Gearing Up For Unfriendly Fed
(Mortgage News Daily) - 3 hours, 42 minutes ago...
Posted To: MBS CommentaryIt would be a tad dramatic to say that rates are at a crossroads as we head into the end of September, unless there's any additional weakness this week. That's because any additional weakness will bring yields closer to breaking 2018's previous high of 3.128% set on May 18th, 2018. When rates break a long-term high, there's always a risk that the previous ceiling will act as technical line in the sand. The natural fear would be for such a breakout to ...
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Weather Sets Up Push-Pull with Delinquency Rate
(Mortgage News Daily) - 3 hours, 42 minutes ago...
Posted To: MND NewsWireAre weather patterns beginning to provoke annual swings in mortgage delinquencies? Black Knight suggests, in its first look at August 2018 mortgage performance data, that could be the case in 2017-2018. The incidence of mortgage distress was heading to millennium low levels last year before the one-two punch of Hurricanes Harvey and Irma. The first struck the Gulf Coast of Texas in the Houston region. A few weeks later Irma, although less destructive than anticipated, crea...
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Coca-Cola Is Eyeing a Possible Entry Into the Cannabis Market
(Yahoo) - 23 hours, 28 minutes ago...
Coca-Cola says it’s monitoring the nascent industry with interest in CBD drinks...
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As US raises interest rates, Fed may turn more hawkish
(Yahoo) - 23 hours, 28 minutes ago...
Under the cloud of an escalating trade war, the US Federal Reserve this week will raise the benchmark lending rate for the third time this year, moving to prevent inflation from mounting too quickly as the world's largest economy continues brisk growth. The Fed's two-day policy meeting will begin Tuesday -- barely 24 hours after President Donald Trump is due to target another $200 billion in Chinese imports with punitive tariffs, bringing the total to over $250 billion. Since the Fed...
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