Mortgage rates forecast

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Brad Finkelstein
March 12, 2020 6:10 PM

Increased refinancing volume led Fannie Mae to raise its 2020 estimate by $300 billion and 2021 projection by $280 billion.

2 Min Read
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Brad Finkelstein
March 12, 2020 1:41 PM

Companies in the mortgage business were already focused on processing a lot of loans and generating efficiencies before the latest uptick in business hit.

2 Min Read
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Glenn McCullom
March 12, 2020 11:17 AM

Paradoxically, mortgage rates actually increased this past week, even as the 10-year Treasury yield plumbed new depths, likely because lenders are too busy to handle the influx of applications.

2 Min Read
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Brad Finkelstein
March 9, 2020 1:18 PM

Mortgage lenders could benefit from the surge in refinancing due to widening market spreads, and that could help offset damage to servicing rights portfolio valuations, according to Keefe, Bruyette & Woods.

3 Min Read
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Brad Finkelstein
March 5, 2020 5:51 PM

Capacity constraints among mortgage lenders are leading to wider spreads between mortgages and the 10-year Treasury yield even after it remained below 1% for an extended period this week.

3 Min Read
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Glenn McCullom
March 5, 2020 11:14 AM

Mortgage rates hit their lowest point since Freddie Mac began tracking this data in 1971, as the 10-year Treasury yield fell below 1% after the Federal Open Market Committee's surprise short-term rate cut.

2 Min Read
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Brad Finkelstein
March 2, 2020 12:17 PM

Fears stemming from the coronavirus have resulted in lower mortgage rates and more business for now, but if the situation deteriorates further, consumers could decide to put off buying a home.

3 Min Read