Archives for mortgage

Mortgage Rates Rise But Will Anyone Feel The Effects?

Mortgage Rates Today Mortgage rates increased 3 basis points this week to 5.74% down from a high of 6.01% in June 2022. To put this increase into perspective, for a …

Is Housing Still In Demand?

On July 26th the DEMAND SIDE data is scheduled to be released on Unit sales, Price, and Months of Inventory. While new home sales are up to 850,000, the volume being built is nowhere …

Mortgage Rates Continue to Decrease

For the week ending 7.7.22 Mortgage rates decreased 43 bps to 5.50%. For a $100,000 loan the monthly payment decreased $27 to $568/mo. or $19/day. 30 Year Mortgage Rates While …

Mortgage Rates Decreased to 5.93%. Are Rates Stabilizing?

For the week ending 6.30.22 Mortgage rates decreased 8 bps to 5.93%. For a $100,000 loan, the monthly payment decreased by $6 to $595 which is equal to around $20 …

Alert – Mortgage Rates to Break 6.00%

10 Year US Treasury rates are up 39 basis points.  This will cause mortgage rates to exceed 6.00% in the next 10 days.  In addition, 1-year US Treasuries are up 54 bps. This …

Will the Consumer Price Index Exceed 9.0%?

The Consumer Price Index (CPI) for May 2022 data was released today and the year-over-year increase from 8.3% to 8.6%. The main driver of the increase in March was due …

Will the Long Yield Curve Be Impacted?

Week ending June 9, 2022: 10 Year US Treasury rates increased 12 bps which will put upward pressure on this coming week’s mortgage rates.  The short-term yield curve remains steep while …

Will Treasury Rate Increases Continue to Put Pressure on Mortgage Rates?

10 Year US Treasury rates increased 17 basis points for the week ending June 2nd, 2022.  This will put upward pressure on this coming week’s mortgage rates.  The short-term yield curve remains …

Fannie, Freddie and U.S. Housing Finance Reform

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.”

2+2=4, But So Do a Lot of Things

In this Situation Analysis, LANDCO Principal David Rosenbaum examines how, in the tree of knowledge, economics does not branch from mathematics, but from politics and why we can be too easily dazzled by the numbers.

Retail Risk: A First Mortgage Doesn’t Mean What It Once Meant

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?

Does Housing Belong on Your Balance Sheet or on Your P&L?

Even before the housing bubble, economists had been saying for a long time that American household wealth was way over-invested in personal residences and under-invested in commercial assets. In financial …