Treasury Auction Relief Rally and Month-End Support
Treasury Auction Relief Rally and Month-End Support With Thursday being a half day before a 3.5 day weekend, it's entirely reasonable to suspect month-end tr...
Super Steady Streak Sustained
There are probably only a few 4-day streaks with effectively no movement in mortgage rates, and this is one of them.  After falling to 6.91% last Friday...
Housing starts stable in 2023, but demand still outpaces ...
CMHC says construction of new homes in Canada's six largest cities remained stable at near all-time high levels last year.
Warehouse, Verification Tools; STRATMOR on Process Evalua...
Could anything be better than Krispy Kreme coming to McDonalds! Yes! The new HMDA data is here! (More of a more serious note below.) Whether donuts or mortga...
Holding Steady is a Victory Considering Overseas Monetary...
There are no significant economic data on tap today.  The only notable event is the 7yr Treasury auction (the last of the week) and it's a bit of a stre...
Little Change in Mortgage Application Volume, Despite Low...
The Mortgage Bankers Association said its Market Composite Index moved lower last week, apparently indifferent to a slight improvement in mortgage interest r...
The National Association of REALTORS®’ $418 Million US Se...
A recent landmark U.S. settlement could impact the Canadian housing market. Recently, the National Association of REALTORS® (NAR), a major U.S. group represe...
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.
Are Ontario’s 2024 budget housing policies enough to addr...
As part of its $214.5 billion 2024 budget unveiled today, the Government of Ontario rolled out several housing initiatives aimed at increasing supply and fac...
Feds sue for seizure of two New York apartments worth $14...
Two luxury apartments in New York allegedly were bought with proceeds from improperly awarded copper contracts related to a huge mine in Mongolia.
Canadian recreational home prices expected to climb 5% th...
Median home prices in the country's recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.
Mixed Performance. Data Hurt. Auction Helped. Little Changed
Mixed Performance. Data Hurt. Auction Helped. Little Changed In the bigger picture, bonds found resistance before 10yr yields managed to break below 4.19, bu...
Mortgage Rates Barely Budge For 2nd Straight Day
After moving back under 7% last week (conventional, 30yr fixed, top tier scenario), mortgage rates have been increasingly unlikely to move.  Today was t...
New Home Sales Decline Slightly, Prices Too
Sales of newly constructed homes were virtually unchanged in February. The 662,000 seasonally adjusted annual units recorded in during the month was down by ...
More Outperformance as Treasuries Fret Over Auctions
Welcome to day 4 of our unofficial 9 day weekend with limited data and volatility ahead of an actual 3.5 day weekend.  Is data truly limited if we ...
Servicing, POS, Marketing, Internal Audit Products; Incre...
As conjecture swirls about the economic impact of the collapse of the bridge in Baltimore, did you ever notice that when you put the two words "The" and "IRS...
Victoria, BC Hudson House Rental Home Completion
With substantial backing amounting to $100 million from the federal government’s Apartment Construction Loan Program, Hudson House in Victoria, British...
Understanding the Landscape of Private Mortgage Investmen...
Private lending is rapidly expanding in Canada’s mortgage sector, providing borrowers with a transparent and equitable alternative to traditional borro...
Vacation home co-ownership platform Pacaso expands to low...
Pacaso lists shares of vacation homes, generally an eighth but sometimes larger shares, and then facilitates the purchase, including financing if necessary.
Looking for contrarian opportunities in China and US prop...
Gaw Capital's Goodwin Gaw discusses the company's strategy in Chinese and U.S. property markets.
Asset management firm explains its exit from Asia real es...
Matthew Michelini, head of Asia-Pacific at Apollo Global Management, discusses its decision and the company's $11 billion offer for Paramount's Hol...
Housing market remains a ‘significant negative overhang’ ...
Louis Kuijs of S&P Global Ratings says that China will need a 'little bit more work' to hit their around 5% GDP growth target and expects 4.6% ...
Experts optimistic in 2024 Lethbridge housing outlook
"So, should you buy now? If you wait six months or a year, sure, rates might be better,” mortgage broker Rob Bain said. “But what are the prices going to be ...
Neumann makes $500 million bid for WeWork, could hit $900...
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
Biden campaign's latest broadside: A 'feeble' Trump is 'l...
The Biden campaign salvo came after a judge set a date for Trump's criminal hush money trial, and after another court cut his civil fraud bond to $175 m...
Relicensing deadline looms for thousands of Ontario broke...
With just days remaining, FSRA says thousands of Ontario agents and brokers still haven’t completed two education courses required to maintain their existing...
Weaker Start, But MBS Outperform
Weaker Start, But MBS Outperform The week got off to a weaker start with most of the losses seen during the overnight session, but gradual ongoing selling du...
Mortgage Rates Basically Unchanged Over The Weekend
Mortgage rates enjoyed a decently strong week last week, with the average top tier conventional 30yr fixed rate moving down to 6.91% by Friday from 7.09% on ...
Brown Harris Stevens CEO: The housing market has done 'in...
Brown Harris Stevens CEO Bess Freedman joins 'The Exchange' to discuss shifts in the housing market, areas with significant demand, and more.
Morgan Stanley sees upside for these senior housing stock...
The firm highlighted a pair of senior housing real estate investment trusts.
Taylor Morrison CEO: We're in a good place as interest ra...
Taylor Morrison CEO Sheryl Palmer joins 'Money Movers' to discuss what she sees in demand and mortgage availability, whether the housing market rel...
DPA, Non-QM, LOS, U/W, Accounting Tools; California Insur...
Here in Louisville, KY, at the TMC event, this one is making the rounds. “What does a real estate agent’s wife say if she can’t sleep? ‘Honey, tell me about ...
Beginning of The End (of The Month/Quarter)
Monday marks the start of a holiday-shortened week (early close on Thursday and fully closed on Friday) and the beginning of a week that will conclude with m...
Calgary Rezoning Discussions
Discussions are heating up in Calgary about a new proposed blanket rezoning to housing. This proposal aims to transition areas currently zoned for single-fam...
February new home sales narrowly miss expectations to the...
CNBC's Rick Santelli and Diana Olick report on the latest housing data.
Home price growth is back at pre-pandemic levels. Here's ...
While price growth is moderating and inventory is improving, overall housing costs remain high, experts say. Here's what to expect.
BMO ramping up its broker channel division with new netwo...
Since its official launch in late January, BMO's BrokerEdge division has been making waves and slowly growing its presence in Canada's mortgage broker channel.
China faces ‘fork in the road,’ IMF chief says, urging Be...
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.
As Trump's $454 million fraud judgment deadline looms, so...
Donald Trump is trying to hold off a massive New York fraud judgment as he seeks to unseat President Joe Biden from the White House in November's election.
Consumer advocates — and even some Realtors — hail NAR se...
Greater competition for homebuyers is likely to result in lower costs across the board, experts say.
Ways Well-Maintained and Mature Trees Affect Home Resale ...
Homeowners and even entire neighborhoods and cities can have strong feelings about trees. Consider ways well-maintained trees affect home resale value. The p...
Different Types of Pergolas To Consider for Your Patio
A pergola can be a tasteful addition to your home’s patio space, offering shade and improved aesthetics. Discover which type of pergola is best for you. The ...
OSFI rejects Competition Bureau recommendation to drop mo...
Canada's banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders.
9 Day Weekend For The Bond Market
9 Day Weekend For The Bond Market While it's not technically a 9 day weekend for the bond market, it might as well be.  It's not that the upcoming week ...
Mortgage Rates Now Lowest in Nearly 2 Weeks
As the broader market continued rubbing its eyes in disbelief over the Fed's exceptionally calm attitude on inflation, bonds continued to improve today. ...
Existing Home Sales Shoot Higher; Inventory also Improves
Rather than easing back from the January level as expected, existing home sales shot significantly higher in February, The National Association of Realtors® ...
Focus Turning Toward Next Round of Data
In the current regime of bond market movement, traders have been running from one side of the field to the other in an attempt to get in on the action surrou...
Consumers are having a hard time deciding to buy into the...
Invitation Homes CEO Dallas Tanner joins 'Money Movers' to discuss the state of the rental housing market and its impact on home affordability.
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