Five Minute Maturity – 11/24/2021

Good morning and happy hump day! Today is a target-rich environment for scheduled news of all persuasions and will do it for the week. In mortgage land we had Mortgage Applications for the week ending Nov. 19 and New Home Sales for Oct. Mortgage Applications is coming...

Five Minute Maturity – 11/22/2021

Good morning and welcome to Monday in this holiday-shortened week. In general, we’re light on scheduled news this week, but today we did have Existing Home Sales for Oct. to brighten your day. It’s coming off a +7.0% Sept. release, and the street was looking for...

Five Minute Maturity – 11/19/2021

Good morning and happy Friday! It’s another quiet day news-wise. We managed to find a couple of stories worth talking. First up, The Washington Post discusses a subject we’ve spent a fair amount of time covering, the shortage of homes in the U.S. They stress that the...

Five Minute Maturity – 11/17/2021

Good morning and happy hump day! Today was a big news day, with Mortgage Applications early, then Housing Starts and Building Permits for Oct. Mortgage Applications for the week ending Nov. 12 followed a strong +5.5% for the prior week and came in -2.8% today. On the...

Five Minute Maturity – 11/15/2021

Good morning and happy Monday! We start getting back into scheduled housing news releases tomorrow. For today, let’s start with forbearances. More than 200,000 homeowners have exited forbearance programs in the past two weeks, taking the total to under 2% of total...