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The $5 trillion guaranteed mortgage-backed securities market has long been a technician's dream, with Wall Street shelling out millions of dollars on models that predict refinancings and interest rate trends...more |
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Mortgage rates fell for the 10th time in 11 weeks, setting fresh record lows, Freddie Mac reported Thursday. But a rebound in Treasury yields in the last two days raises the possibility that home-loan interest costs won't fall again next week...more |
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Job losses continued to mount in the U.S. economy last month, though at a more modest pace than expected, putting further pressure on policy makers to take action to spur growth and employment...more |
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Title insurance premiums nationwide decreased during the second quarter of 2010 compared to a year ago, a sign that demand for first-time home mortgages is depleting and refinance transactions are soaring...more |
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