The yield on 10-year Treasury bonds climbed to 2% on Monday for the first time since April 25. The increase will eventually bode well for banks' profitability, as yields on other long-term assets rise, The Street reported.
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!
More and more Americans are choosing to rent instead of buy. With two single-family rental securitizations on the market at press time and more likely in the works, this new asset class has the financial market energized..
There are ways mortgage bankers can maintain reasonable profit margins while facing rapid volume changes, new mortgage rules and increasing investor requirements, writes industry expert David Green. Read More