MBS moved higher this morning following today's data. Weekly Jobless Claims rose slightly to 366K, above the consensus of 360K. Fourth quarter Productivity declined to -2.0%, lower than the consensus of -1.5%.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!
It’s no secret that high volume refinancing is dead—at least for now. To some degree, it feels as though we’ve been living in an incredibly protracted refinance cycle (when we weren’t in the death spiral of 2007 – 2011, of course). Read More