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- How Homeownership Can Bring You JoyIf you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. […]
- Why Rising Mortgage Rates Push Buyers off the FenceIf you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re […]
- If You’re a Homeowner, You Have Incredible Leverage When You Sell TodayIn today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy […]
- How Homeownership Can Bring You Joy
West Coast Real Estate 