MBS Day Ahead: Don’t Let 3.0% Make You Dumber

Start with the facts beyond dispute: (1) there was a bubble (2) the bubble popped (3) banks took on unreasonable levels of risk (4) the financial system and the world economy stared into the abyss last year (5) the US government had to save the financial system (and the economy) by injecting enormous amounts of money and assuming large risks that the private sector was no longer willing to carry.

Would Brexit really force up your mortgage rate? Mortgage rates began the day slightly higher . In fact, for several lenders, it was the biggest day-over-day move higher in more than 2 weeks. The key word here is "was.". Things quickly.

That, combined with Freddie and Fannie transferring risk from the taxpayer (since they are under government conservatorship) to the private sector, make for interesting developments. Let’s see what.

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We don’t care if posts are conservative or liberal, but they need to be political. Try to be funny. If you need to explain your joke to us in modmail, it’s not funny. Make sure your title is a punchline or something relevant, and make sure your post is funny. If it is intentionally designed to piss people off, it is not humor.

Remember that most schools don’t meet 100% of a family’s financial need and that loans are often part of the financial aid package. Whatever you do, don’t let the quest for financial aid eligibility deter you from saving. You don’t often hear about people who are unhappy that they saved too much.

By Matthew Graham Posted To: MBS Commentary You won’t be able to avoid "3% 10yr Treasury Yields" this week. For starters, 10’s have already hit 3.0033% today, but simply being close seems to have everyone inside and outside the industry talking.

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Selling a home: When should you reduce the asking price? When selling your home when should you lower the price? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.Mortgage Rates Lowest in More than Two Weeks Mortgage Rates Lowest in More Than a Week Mar 13 2018, 4:15PM Mortgage rates fell today following a tame read on inflation as well as the announcement of Rex Tillerson’s departure from the White.

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