A 3-bps increase is a $2 a month payment increase for a $100,000 loan. That is a $0.06 (six cents) a day increase. Rates are virtually unchanged.
Mortgage rates have increased 20 bps while 10 Year US Treasuries have also increased by 20 bps, thus the spread remained at 245 bps. As predicted, at the May 4th …
With the STEEP short-term portion of the Yield Curve, the Fed can increase Fed Funds by nearly 200 bps and yet have no changes in longer-term Treasuries (ie 5+ years). The result can still have a “normal” shaped Yield Curve. In fact, a Yield Curve shape is very similar to the pre-COVID-19 Yield Curve.
One month ago, mortgage rates were ~4.00% and income needed to qualify for a $100,000 loan was $20,500. Now, with rates at 5.31% $23,800 is needed. This is an increase …
MORTGAGE RATES ARE NOW OVER 5.00% and increased 28 basis points to 5.20%. 28 bps was nearly a 3-sigma event that being 30 bps (in 51 years a 1% event). …
After a VERY UNUSUAL bout of 3 weeks of consecutive rate increases of 25+bps, mortgage rates increased 5 bps this past week ending 4.7.22 and now stand at 4.92%. (a review of …
Freddie Mac has weekly 30 Year mortgage rates going back to 1971. The highest rate was 19.18% and it occurred on October 9,1981 while the lowest rate of 2.83% occurred …
For the week ending March 31, 2022, mortgage rates increased 25 bps to 4.87%. In the prior 3 weeks rates have increased by 80 bps. The market is reacting to …
Rates rocket up and feather down. Right now it is and will continue into the foreseeable future—it is rocket time, buckle up. We will be hitting 5.00%+ well before year end. (i.e. …
Mortgage rates increased 31 bps this past week to 4.36%. The Fed increased rates 25 bps on March 15th, 2022, with many more increases to follow and a reduction in …
Where Are Mortgage Rates Headed? My guess is 5.00% to 5.50% by Dec 31, 2022. This is based on historical spreads and the fact that the Fed has STRONGLY singled …
Mortgage rates decreased 9 bps this past week to 4.05%. While 4.00% is not a major price point, it will start catching the public’s attention. For a $100,000 loan the …
Mortgage rates decreased 13 basis points this past week from 4.09% to 3.96%. While 4.00% is not a major price point, it will start catching the public’s attention. For a …
Mortgage rates decreased a minor amount: 3 basis points this past week from 4.12% to 4.09%. While 4.00% is not a major price point, it will start catching the public’s …
Mortgage rates increased 23 Basis Points this past week from 3.89% to 4.12%. While 4.00% is not a major price point, it will start catching the public’s attention. For a …
Mortgage rates increased 23 bps this past week from 3.89% to 4.12%. While 4.00% is not a major price point, it will start catching the public’s attention. For a $100,000 …
Words… what do they really mean? What is banking? What does a bank do, or what is it that a bank is supposed to do? I’m 53 and in my lifetime, I’ve witnessed a complete change in the banking system in the U.S.
On August 7, President Obama suggested that Fannie Mae and Freddie Mac should go out of business, as he called for “a return of private capital, [to] put the risk and rewards associated with mortgage lending in the hands of private actors, not the taxpayers.”
We are all familiar with Porgy and Bess classic Summertime line, “When the fish are jumpin’…” that can bring back memories of the Old South or at least remind us of an era gone by. As summer ambles, with too many back to school television advertisements already, I wonder where the time has gone.
On Thursday, June 27th, LANDCO sent a small delegation to the National Real Estate Investor’s Commercial Real Estate/High Net Worth Investment Conference in New York City. Read the key “takeaway” points, from our point of view.
The CRE Financial Council’s Distress Debt Summit, held in Santa Monica on May 9th and 10th, was well worth attending. What follows are a few conference topics and what we felt were views sharing significant consensus or opposition. We hope you will find this as interesting as we did.
In this analysis, LANDCO Principal David Rosenbaum examines a question recently put forth by Marc Andreesen and the implications for LANDCO: What if e-commerce reduces in-store sales, even by just a little bit? And what happens if the loss of volume is not just temporary, but structural?
