Appraisal News You Can Use

Following are links to news feeds that will keep you current on issues and trends affecting mortgages, the lending industry, the housing market and property values. Contact Blue Star Appraisals Inc. today to discuss your own residential property values.

(Blue Star Appraisals Inc. offers home appraisals in Dallas, Fort Worth, Plano, McKinney, Denton, Flower Mound, Lewisville, Southlake, Frisco, Waxahachie, Kaufman, Midlothian, Mansfield, and most other cities and towns within approximately a 130 mile radius of Dallas.  If you are a homeowner, seller, buyer or investor interested in a residential appraisal please contact us to help you select the appropriate appraisal product for your property.  Homeowners can use appraisals to remove PMI, contest property taxes, arrive at a sale price in anticipation of listing, or in advance of remodeling.  Call Blue Star Appraisals Inc. today to consult with an appraiser.  We look forward to hearing from you!)

 

Mortgage News:
 
Fannie & Freddie Updates; Automation/Pricing/LOS Products
1/25/2022 10:31 AM
Numbers are interesting things. “1” is the number of dogs, that I know of, rescued by a drone dragging a sausage and leading the dog to safety out of a mud flat. “38.2” was the United States’ median age in 2018. (Yes, half above, half below… and it is up from 37.2 in 2010.) “$9 trillion” is the Federal Reserve’s bond portfolio which Federal Reserve...Read More
 
Prices in 19 of 20 Case-Shiller Cities at All-Time Highs
1/25/2022 10:02 AM
Annual increases in each of the three S&P CoreLogic Case-Shiller indices slowed fractionally from October to November. However, the rate of appreciation in the House Price Index (HPI) produced by the Federal Housing Finance Agency (FHFA) increased slightly. Case-Shiller’s U.S. National Home Price NSA Index, which covers all nine U.S. census di...Read More
 
MBS Live Morning: Pre-Fed Range-Finding Continues; Stock/Bond Correlation Coming and Going
1/25/2022 9:32 AM
Monday had the potential to challenge the notion of the pre-Fed consolidation in the bond market.  If yields had managed to break below 1.70% and hold those gains, it would have made a strong case that the recent 1.88+ ceiling was as high as we"d see for a while.  That could still be the case, but the point is that we"ll need to hear from...Read More
 
Prices and Selection Are Changing Home Buying Plans
1/24/2022 2:51 PM
The National Association of Home Builders (NAHB) says the effects of higher home prices and tight inventories appear to be weighing on home buying decisions. Rose Quint writes in NAHB’s Eye on Housing blog that the share of adults who said they planned to buy a home over the next year declined by 1 percentage point in both the third and fourth ...Read More
 
MBS Live Recap: MBS Flip Script After Treasury Auction; Bonds Refuse to Chase Stocks
1/24/2022 2:48 PM
MBS Flip Script After Treasury Auction; Bonds Refuse to Chase Stocks It was a fairly sloppy day of gains for the bond market with Treasuries noticeably lower in yield early and MBS underperforming.  The script was flipped in the afternoon as a strong 2yr auction helped the market narrow down the value ...Read More
 
Freddie Mac Sees Rates Remaining Below 4 Percent Over its Forecast Horizon
1/24/2022 11:45 AM
Freddie Mac’s first quarterly forecast for 2022 cites the need for improvement in the nation’s employment picture. Even though the December report from the Bureau of Labor Statistics showed the unemployment rate down 0.3 percentage points from the prior month at 3.9 percent, Freddie Mac’s economists say that job openings remain high at 10.6 million...Read More
 
Underwriting, POS, Subservicing, Lead Gen Products; Webinars and Events to Wrap up January
1/24/2022 10:42 AM
Anyone who’s seen 1968’s “2001: A Space Odyssey” remembers the talking computer HAL (whose name was cleverly derived from subtracting one letter from IBM). We need more acronyms, right?! Here’s one I hadn’t heard: BNPL. The buy now, pay later industry is an increasingly important driver of retail sales, so has caught the attention of the mortgage i...Read More
 
MBS Live Morning: Consolidation Rally Continues, As Does MBS Underperformance
1/24/2022 8:57 AM
Bonds are off to stronger start for a 4th straight trading session.  As such, they"re following the same pattern as the rally attempt 2 weeks ago (which ultimately failed), but there"s certainly a bigger sense of urgency behind this week"s version.  Are bonds still consolidating ahead of the Fed or does the extra momentum suggest a bigger...Read More
 
Making Sense of Rising Rates And The Risks Ahead
1/21/2022 7:09 PM
The bond market returned from a 3 day weekend to find yields surging higher on Tuesday.  That pushed mortgage rates to fresh 2 year highs and added emphasis to what has already been the sharpest rate spike since late 2016.   Why are rates rising so quickly? Mortgage rates are based on mortgage-backed securities (MBS), which are e...Read More
 
MBS Live Recap: Another Green Day But MBS Underperform
1/21/2022 2:35 PM
Another Green Day But MBS Underperform Bonds rallied today with 10yr yields dropping more than 6bps by the 3pm CME close.  That"s the type of improvement that normally makes for a nice day of mortgage market improvement, but today, mortgage rates were just barely lower.  Blame MBS underperformance...Read More




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