Five Minute Maturity – 06/10/2022

Good morning and happy Friday! We have some stories today, just no scheduled housing news. Home prices continue to grind higher, giving most homeowners positive equity in their homes. Currently, only 1.1 million homeowners are upside down on their loans, compared to...

Five Minute Maturity – 06/08/2022

Good morning and happy hump day! Today is the only day this week with scheduled housing news, as we got Mortgage Applications for the week ending June 3 at 6:00 central. We were coming off a -2.3% for last week and have had down weeks in 11 of the past 14. Today,...

Five Minute Maturity – 06/03/2022

Good morning and happy jobs report Friday! We’re done for the week on housing news. We got the job numbers today, and Non-farm Payrolls came in at +390k. The street was looking for +320k, and bonds are trading a little weaker in price since the release. 10yr...

Five Minute Maturity – 06/01/2022

Good morning and happy hump day! Today we have a two’fer for your data enjoyment. At 6:00 central, we got Mortgage Applications for the week ending May 27. It came off a long string of mostly negative numbers (11 of the past 14 releases) and put in -2.3% on...

Five Minute Maturity – 05/27/2022

Good morning and happy Friday! If you’re tired of looking at negative housing numbers, never fear because we don’t have any more releases until next week. To close this week out, we have a couple of things that deserve your attention. First, there’s...