Mortgage Bonds traded higher today, but did close off the highs of the session after the Fed statement was released at 2:00pm ET. Weaker than expected economic data helped to push prices higher this morning, but MBS couldn’t hold onto those gains. Sellers will be coming out the next few days with the uptick in refis….short term locking.
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Real Estate with Tyson
- Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]Some Highlights: According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong. More and more “old millennials” (ages 25-36) are realizing that homeow […]
- What is the Best Investment for Americans?Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over the next 10 years?” U.S. […]
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- Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]