Five Minute Maturity – 04/20/2022

Good morning and happy hump day! We had more housing news today with Mortgage Applications for the week ending April 15 and Existing Home Sales for March. Mortgage Applications is coming off a -1.3% in the prior week and came in down again today with a -5.0% reading....

Five Minute Maturity – 04/18/2022

Good morning and happy Monday! This week gets us back to scheduled housing news, as it’s front-end loaded beginning today with the builders. The National Association of Home Builders reported for April at 9:00 central. The street called for a 77 reading on the...

Five Minute Maturity – 04/13/2022

Good morning and happy hump day! We’re finally getting some scheduled housing news this morning with Mortgage Applications for the week ending April 8th. This indicator is coming off a -6.3% last week and continues that trend with a -1.3% today. This makes down...

Five Minute Maturity – 04/11/2022

Good morning and happy Monday! It’s another quiet week for scheduled housing news. We have Mortgage Applications on Wed., and that’s it for this holiday-shortened week. We’ll be on the lookout for unscheduled items of interest. We’re going to...

Five Minute Maturity – 04/08/2022

Good morning and happy Friday! We have no scheduled housing news today, so we’ll do our usual search for items of interest in the MBS sector. First up, rising mortgage rates are lowering sellers’ price expectations. About 12% of homes for sale had a price...

Five Minute Maturity – 04/06/2022

Good morning and happy hump day! Today is the one day this week where we have scheduled housing news, as we got Mortgage Applications for the week ending April 1. It was coming off a -6.8% reading from the prior week and down numbers 7 of the last 8 weeks and...