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The Winds of Change

December 4, 2023
Kind of late in the day, but I wanted to share this graph showing that the 30 year MBS 6.5% coupon has started and ended the day above the 200…
Market Movement

Early Christmas Present!

December 1, 2023
Two things happened this morning and I'm not quite clear if it was the change in the weather or the volunteer present-wrapping activity my wife and I participated in that has…
Market Movement

November 28, 2023
FHFA will be releasing the 2024 conforming loan amounts later today.  Speculation is for a 6% increase from $726,200 to around $770,000.  I've been able to go up to $750,000…
Market Movement

November 27, 2023
I hope you enjoyed your Thanksgiving break as much as I did. We stayed home with our little family and reveled in the lack of noise and the abundance of…
Market Movement

Volume

November 21, 2023
It will be no surprise to you that the number of Existing Home Sales have declined every month since February, nationwide. Today, we saw a 4.1% drop from last month's…
Market Movement

November 20, 2023
For better of worse, fewer Americans are working now than before the pandemic.  As an aside, when is the next pandemic going to necessitate the need to label the previous one…