• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Mortgage Rates Hurt By GDP, Fed Statement Not Much Help

Mortgage rates began the day at broadly higher levels, as bond markets moved higher in yield overnight and again after the morning’s economic data.  Even though this morning’s GDP was weaker than expected, bond markets strengthened only briefly before continuing further along yesterday’s path of weakness.  Typically, weak economic data suggests stronger moves in bond markets, in which MBS (the mortgage-backed-securities that directly affect mortgage rates) operate.  Rates were generally weaker than

Read more »

FHFA Seeks Public Input on Building a New Secondary Mortgage Market

FHFA Seeks Public Input on Building a New Secondary Mortgage Market. Washington, DC – The Federal Housing Finance Agency (FHFA) today released for public input a white paper on a proposed framework for a common securitization platform and a model Pooling and Servicing Agreement. Developing a new securitization infrastructure is a key goal of the FHFA Strategic Plan for Enterprise Conservatorships and builds on other initiatives already underway to align and

Read more »
 
Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
Real Time Web Analytics