Weekly jobless claims were reported to be 205,000 vs the expected 215,000, the Philly Fed Manufacturing Index 18.1 vs the expected 8.3, so both were considerably market negative. Processing Content Treasuries had already opened with bearish gaps, the largest by the 5-year yield which began the day at its highest yield since 8/1, but even […]
Treasury yields hit months-long highs after FOMC Read More »
For the past few years, affordability has been what’s stopped a lot of buyers in their tracks. Maybe it stopped you, too. At some point you probably did the math, looked at the monthly payment, and decided to pause your search and wait for things to get better. But here’s something you may have missed
Affordability Has Improved in All 50 States Read More »
Over the past several months, former President Donald Trump has floated a number of ideas aimed at helping Americans buy homes again. Among them are proposals such as 50-year mortgages and other creative financing tools intended to lower monthly payments for buyers struggling with today’s interest rates. The intention behind these ideas are novel and
President Donald Trump: I have an idea to help first-time homebuyers Read More »