Five Minute Maturity – 12/22/2021

Good morning and happy hump day! Just when you thought you’d never see scheduled housing news again, we’ve got two reports to analyze today. The first is our regular Wed edition of Mortgage Applications. In typical up/down fashion, it was coming off a -4.0% release...

Five Minute Maturity – 12/20/2021

Good morning and happy Monday. We’ll have scheduled housing news towards the end of the week, nothing in the next two days. Glancing at the landscape, we have a couple of things worthy of mention. Lumber prices have jumped back up to higher than $1,000 per...

Five Minute Maturity – 12/15/2021

Good morning and happy hump day! Today started the scheduled housing news parade with Mortgage Applications for the week ending Dec 10 and then we heard from the builders with their Dec NAHB Housing Market Index. Mortgage Applications is coming off a snapback +2.0%...

Five Minute Maturity – 12/13/2021

Good morning and happy Monday! We’ll start picking up some scheduled housing news as the week progresses. Today is very light. There are a couple of things worth mentioning, beginning with FNMA 30yr 2.50% for Jan settlement. Last week they closed in the very...

Five Minute Maturity – 12/10/2021

Good morning and welcome again to the weekend!  As we mentioned yesterday, there is no more scheduled housing news this week, but we’ll try to find some stories of interest.  First up,  home prices have risen so much, 18% on an annual basis to the highest levels...