Three news feeds are on this page. Mortgage Daily News is below, followed by the Christian Science Monitor, and finally "Your Money"  articles from the New York Times. 

I hope you enjoy these perspectives.

Mortgage Calculator

Mortgage News Daily Feed & Christian Science Monitor:
Rates Seen Staying Higher For Longer. Blame Canada?
6/9/2023 3:20 PM
In a surprising turn of events, this week"s biggest market mover for interest rates was a policy announcement by the Bank of Canada (BOC). The event was credited for prompting a re-think of the US Federal Reserve"s rate outlook. Specifically, the BOC hiked rates despite about half the market believing it would hold steady.  While the odds tha...Read More
Canada Doesn"t Really Matter. Bring on CPI and The Fed
6/9/2023 2:57 PM
Canada Doesn"t Really Matter. Bring on CPI and The Fed The day began with a hunt for the mystery market mover behind the 8:30am spike in Treasury yields.  Once it was revealed to be Canada"s jobs report, US traders could only laugh as the two Canadian events that had a visible impact on the US bond mar...Read More
Accounting, Digital, Broker Comp Tools; FHA, VA, USDA Developments; Why Rates are Stubborn
6/9/2023 9:30 AM
Imagine my surprise at finding tag (like on the playground) is an organized sport. Imagine my surprise at finding two gas stations at the same intersection yesterday in Truckee, California with two different prices for unleaded! Rather than wait for the CFPB to tell me that I could save money by going to the cheapest station, as it did by paying fo...Read More
Canada? Again?!
6/9/2023 8:46 AM
This otherwise sleepy Friday began with the sort of clearly defined spike in volume and yield that often accompanies big ticket economic data.  With the time of the spike being 8:30am (the headliner time slot, to be sure), market watchers refreshed their econ calendars to make sure nothing was missing.  Only those with more internati...Read More
Mortgage Rates Recover After Downbeat Data
6/8/2023 3:19 PM
Economic data is one of the most basic and reliable inputs for the bond market.  The bond market, in turn, dictates day to day interest rate movement.  In general, weaker economic data pushes rates lower and that was today in a nutshell. Weekly Jobless Claims came in at the highest levels since 2021 and the bond market reacted immediatel...Read More
Claims Data Completely Erases At Least One Day of Higher Rate Expectations
6/8/2023 3:17 PM
Claims Data Completely Erases At Least One Day of Higher Rate Expectations There have been been several days recently that have resulted in financial markets upping the odds for the Fed keeping rates higher for longer.  The most recent spike in those expectations followed yesterday"s BOC (Bank of Canad...Read More
Jobless Claims Stoke The Rally Fires For Bonds
6/8/2023 11:04 AM
If you like low rates, you are often unfortunately rooting for negative economic data.  You"re not a bad person.  Bonds are simply a hedge against economic weakness.  Much like watching sausage being made, you don"t have to like watching people file for unemployment in order to appreciate the impact it has on rates.  Case i...Read More
HELOC, Affordable Housing, Servicing, QC, MSR Valuation Products; New Appraiser Education Standards?
6/8/2023 10:09 AM
There’s a lot going on, and not only jawboning about a potential Fed rate increase next week. We have the smoke drifting down from Canada and slowing or stopping flights in the Northeast. The Wall Street Journal reports that China and Cuba have signed an agreement for a Chinese eavesdropping station in Cuba. For rate watchers, Trepp has come out wi...Read More
Mortgage Rates Highest in More Than a Week
6/7/2023 3:03 PM
Mortgage rates continue to operate in a fairly narrow range but we"ve been mostly moving in one direction inside that range so far this month.  Late last week, it was the strong job creation announced on Friday that pushed rates higher.  This week has been less volatile by comparison, but rates remained under pressure to move higher today...Read More
BOC Warns US Rate Market Against Complacency
6/7/2023 2:48 PM
BOC Warns US Rate Market Against Complacency US rate traders are pretty sure they have the Fed figured out after two separate Fed speakers used the word "skip" in speeches last week.  There"s a low chance of a rate hike next week, and a high chance that rates remain high through 2023.  Today"s BOC...Read More

There was a problem returning the RSS feed.
Your Money Articles from New York Times:
As the Student Loan Payment Pause Ends, Here’s What to Know
6/2/2023 8:28 AM
A deal to raise the debt ceiling would require borrowers of federal student loans to resume paying for the first time since early in the pandemic...Read More
Jobs for Teens Will Be Plentiful This Summer, Experts Say
6/5/2023 12:09 PM
Amusement parks, restaurants, pools and other entertainment spots will need workers. Here’s what to know about finding a job...Read More
Threatened by a Default, Treasuries Retain a Paradoxical Appeal
6/2/2023 9:26 AM
Treasuries have been threatened by a possible U.S. debt default, yet they remain more attractive than just about everything else, our columnist says...Read More
Older TikTok Creators Are in Demand by Brands
6/3/2023 5:44 PM
No matter what their age or finances, some elder influencers are finding that being on the app can bring them extra cash, or even help them extend their careers...Read More
The Risks of Storing Money in Apps Like Venmo and Cash App
6/9/2023 8:00 AM
The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs into trouble...Read More
A New Website Helps Travelers Find the Cheapest Hotel Room
6/8/2023 11:55 AM
The website, which offers hotel deals and then monitors them for price changes, is the newest player in the price-hacking travel game...Read More
Contributions to College Savings Plans Pick Up as Inflation Eases
5/26/2023 8:00 AM
Deposits into 529 savings accounts fell last fall and early this year. But experts say the stock market recovery is helping to attract more money...Read More
Interest Rates on Federal Student Loans to Rise Next School Year
5/19/2023 8:00 AM
Rates for undergraduate loans could top 5 percent next school year, adding pressure on families already struggling to pay for college...Read More
How a Daughter Helped Her Mother Get Her Student Loans Forgiven
5/13/2023 2:00 AM
Susan Miskin retired from her teaching job in 2019 and didn’t think she’d ever pay off her student loans. Then, her only child stepped in...Read More
More Options to Pay for Medical Care, but Some May Be Costly
5/12/2023 8:00 AM
Consumer experts are warning patients that some offerings charge much higher interest rates than regular credit cards...Read More

These articles are property of New York Times and protected by copyright.