After months of choppy trading in treasuries, a good deal of technical damage was done yesterday. The only good takeaway was that the high yields for the day were made in the first 15 minutes, and that really was good since stocks continued to fall until the SPX closed 145 points lower, and gold continued […]
Treasury yields break key levels as risk assets slide Read More »
US mortgage applications for home purchases climbed last week to the highest since January 2023, suggesting a further easing in financing costs is contributing to a thaw in the housing market. Processing Content The Mortgage Bankers Association’s index of home-purchase applications rose 5.1% in the week ended Jan. 16, data from the group showed Wednesday.
Home-purchase applications climb to highest since 2023 Read More »
If you’ve seen headlines saying foreclosure activity has been climbing for 10 straight months, it’s easy to assume that’s a sign of trouble for the housing market. But when you look at the full picture, a few simple truths become clear: Today’s foreclosure numbers are in line with what’s considered normal High home equity is
Why Rising Foreclosure Headlines Aren’t a Red Flag for Today’s Housing Market Read More »