After 14 straight days of positive Fannie Mae 4% coupon closings, the bond finally looks to be at a crossroad. The attach video shows the 14 day rally, the huge battle to break through the triple overhead layers of resistance and todays head on collision with the 200 day moving average. What is the market to do? Tomorrow we have the Jobs numbers hitting the wire at 8:30EST, this usually volatile report could either catapult the Mortgage Bonds higher and further the rally or kill it off and cause a massive selloff, which by the way the bond market is ripe for. Its going to be interesting to watch.
Real Estate with Tyson- 4 Reasons to Sell This Summer [INFOGRAPHIC]Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your family to move on and start living the l […]
- Homes are More Affordable in 44 out of 50 StatesWith both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than […]
- 3 Issues Facing Today’s Real Estate MarketLast week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real Estate & Senior Vice President of Equus Capital Partners. […] […]
- 4 Reasons to Sell This Summer [INFOGRAPHIC]
