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The Fed met last Wednesday however there has been little move in the market in reaction to that meeting.  Recent economic data has shown few surprises also.   However, one thing that seems to have influenced the U.S. mortgage rates seems to have been the shift in expectation for European Central ...

Wells Fargo’s economics group broke down the season challenges in the housing market.  We wanted to know what impact the current weather has had on the housing market – has the impending drought and warm weather in the west or the winter storms in the east had more of an impact than normal season...

Fannie and Freddie are doing quite well for themselves, however, it seems to be at the expense of their borrowers.  These borrowers are the product of the cleanest, most heavily documented, and thoroughly underwritten and appraised loans in history.   Many in the industry are paying close attenti...

The ever changing situation in the Ukraine was the cause of most of the movement in mortgage rates over the past week, however, there was little net change to be seen. During periods of uncertainty, there is a tendency  in financial markets to move to safer assets – shifting to a defensive positi...