Mitch Kaminer
Office: 770-663-7536
Cell: 770-851-4647
Fax: 678-264-0916
sold@winwithmitch.com




Real Estate News
Why Bonds Tanked Despite Super Low NFP
Fri, 01 Nov 2024 21:07:13 GMT

Why Bonds Tanked Despite Super Low NFP Nonfarm Payrolls (NFP) came in at 12k versus a median forecast of 113k, and a previous reading of 254k.  If those were the only facts you knew, on almost any other jobs..[read more]

Rates Refuse to Drop Ahead of Election. How About After?
Fri, 01 Nov 2024 20:50:00 GMT

It is our longstanding policy to strictly avoid politics except in cases where the political realm legitimately intersects with relevant events for rates. Now is clearly one of those times. The discussion that follows contains no opinion or partisan ..[read more]

Automated Servicing, Verification, Pricing Engine Tools; Investor Portal Changes; Shared Appreciation Mortgages
Fri, 01 Nov 2024 15:21:32 GMT

Not only do most states "gain an hour' Sunday, but I have good news for all my readers. I am getting stronger with age. I can now lift $100 worth of groceries with one hand! Speaking of which, time flies and Thanksgiving will be here before you know ..[read more]

Yes, NFP Really Dropped to 12k, But Don't Expect a Huge Rally
Fri, 01 Nov 2024 14:06:42 GMT

When the median forecast for today's jobs report began circulating, many a market watcher felt that the 113k forecast was too low compared to the 254k previous reading, even after considering the potential disruptions from hurricanes and strikes.&nbs..[read more]

Will Jobs Report Finally Get Bond Market's Attention?
Thu, 31 Oct 2024 20:53:01 GMT

Will Jobs Data Finally Get Bond Market's Attention? It's been a weird week so far with a crazy combination of significant intraday volatility and an absence of any major movement in the bigger picture.  Case..[read more]

Mortgage Rates at 4 Month Highs. More Volatility Ahead
Thu, 31 Oct 2024 19:35:00 GMT

Mortgage rates rates moved moderately higher today, and while that leaves the average 30yr fixed rate only slightly higher than it was on Tuesday morning (7.09 vs 7.08), it's also the highest rate in almost exactly 4 months. In a break from recent n..[read more]

Once Again, Bonds Hangin' Tough Without Much Focus on Data
Thu, 31 Oct 2024 16:16:20 GMT

If it weren't for the surge of volume in Treasuries lining up perfectly with economic report release times, one might wonder if traders even care that much about economic data right now.  That would be quite the anomaly considering NFP week is t..[read more]

Hedging, HMDA Compliance, Non-QM Search, QC Tools; Government Program News and Updates
Thu, 31 Oct 2024 15:45:03 GMT

I recently went to my favorite local Mexican restaurant, and there was a sign in the window, "Sorry, we are closed due to short staff.' Someone had written below it, "Higher taller staff because I want a taco.' Economics and interest rates were certa..[read more]

Decent Showing in Light of Stronger Data
Wed, 30 Oct 2024 20:35:57 GMT

Decent Showing in Light of Stronger Data Bonds lost ground today, but not as much as one might expect given the 233k vs 115k result in the ADP Employment data.  Granted, ADP is a notoriously imperfect predic..[read more]

Economic Data Keeping Pressure on Mortgage Rates
Wed, 30 Oct 2024 19:57:00 GMT

The jobs report that came out at the beginning of October was a big wake up call for interest rates.  Up until then, the prevailing belief was that the labor market was progressively softening and perhaps at risk of softening too quickly.  ..[read more]

 © 2024 Agent Image All rights reserved. | Terms | Sitemap Design by Agent Image - Real Estate Web Site Design