Annie Mathews
Phone: 305-394-9787
Direct: 305-394-4044
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Email: info@tropic-homes.com




Real Estate News
Mortgage Rates Mildly Lower; Volatile Week Ahead
Fri, 24 Oct 2014 21:19:00 GMT

Posted To: Mortgage Rate WatchMortgage rates caught a break today and were able to ease just slightly lower heading into the weekend. This is somewhat refreshing because yesterday's bigger move higher was the kind of thing that historically results i..[read more]

MBS RECAP: Bond Markets Coast Out Uneventfully After Morning Volatility
Fri, 24 Oct 2014 20:37:52 GMT

Posted To: MBS CommentaryEarlier today, competing short term trends and considerations made for several salient swings between gains and losses. While MBS and Treasuries never dipped meaningfully into negative territory on the day, they quickly gave ..[read more]

MBS MID-DAY: Volatility Within a Range, but Little Change
Fri, 24 Oct 2014 17:18:19 GMT

Posted To: MBS CommentaryIf today's bond market movements were a ball game, it would be the kind you like to see, with numerous lead changes , no runaway victory, and the home team leading going into the half. Bonds started out in stronger territ..[read more]

Suddenly, The New Home Sales Trend is Flat Again
Fri, 24 Oct 2014 16:33:30 GMT

Posted To: MND NewsWireNew home sales increased only slightly in September, up 0.2 percent over August, bringing the annual rate of those sales to 467,000. Sales were up 17.0 percent from the September 2013 pace of 399,000 units. Perhaps bigger news ..[read more]

Fannie Mae sees Growth Expanding, Downgrades Loan Origination Expectations
Fri, 24 Oct 2014 14:59:24 GMT

Posted To: MND NewsWireFannie Mae said on Thursday that real economic growth in the last two quarters of 2014 appear poised to exceed 3.0 percent , providing a solid basis for growth in 2015. However the housing recovery will remain "choppy." The Oct..[read more]

Even Bad News is Good in September Foreclosure Summary
Fri, 24 Oct 2014 14:57:26 GMT

Posted To: MND NewsWireSeptember appears to have been another month in which loan performance improved and the states continued to slog through the overhang of delinquent mortgages left over from, in some cases, the early days of the housing crash. B..[read more]

Update on Chase Lawsuit; More Potential Buybacks; Upcoming Events and Trainings
Fri, 24 Oct 2014 14:55:30 GMT

Posted To: Pipeline PressAccording to Zillow Real Estate Research, home ownership rates among millennials have declined over the past four decades mainly due to changing family structures. Zillow honed in on marital status and employment rates to det..[read more]

MBS Day Ahead: New Home Sales and Second Chances
Fri, 24 Oct 2014 11:22:02 GMT

Posted To: MBS CommentaryWe approached Thursday's session with a mainstream viewpoint and alternative, more bullish possibilities to consider. The mainstream viewpoint (among analysts, strategists, traders, etc) generally held that rates would be..[read more]

Mortgage Rates Actually Moved Higher Today
Thu, 23 Oct 2014 21:38:00 GMT

Posted To: Mortgage Rate WatchMortgage rates did as expected and departed their recently more stable range today. Unfortunately, we got the less enjoyable of the two potential departures with rates moving higher at a moderate pace. At the same time, ..[read more]

MBS RECAP: Bond Markets Weaker; Europe a Bigger Motivator Than Stocks
Thu, 23 Oct 2014 21:33:00 GMT

Posted To: MBS CommentaryToday was decidedly negative for bond markets. 10yr yields found no solace in "the gap" from 2.26 to 2.28 and instead moved right through to 2.30. There are other potentially supportive ceilings overhead, but we would have li..[read more]

Remodeling Market Stability a Positive Sign for Housing
Thu, 23 Oct 2014 18:09:08 GMT

Posted To: MND NewsWireBuilders who engage in home remodeling continue to display confidence in their market the National Association of Home Builders (NAHB) said today. NAHB's Remodeling Market Index (RMI) rose from 56 in the second quarter of 2014 ..[read more]

Negative Equity Falling, but Still Exceeds $1 trillion
Thu, 23 Oct 2014 18:06:09 GMT

Posted To: MND NewsWireThe percentage of American homeowners a mortgage that was seriously underwater fell to 15 percent in the third quarter of 2014 RealtyTrac said on Thursday. There were 8.1 million properties with mortgages that met the company's..[read more]

MBS MID-DAY: The Trend is Not Our Friend
Thu, 23 Oct 2014 17:20:04 GMT

Posted To: MBS CommentaryTreasury yields moved steadily into the important gap between 2.26 and 2.28 this morning and had been holding their ground just under 2.28 for nearly an hour until breaking higher just after 11:45am. The technical follow-thro..[read more]

Bank M&A Momentum; Puts and Calls in Hedging; Should Realtors Help with Remodeling?
Thu, 23 Oct 2014 14:45:22 GMT

Posted To: Pipeline Press"I've decided to sell my Hoover ... well, it was just collecting dust". While we're talking about dust, if you think the drought in California is only a problem for pool owners and golf courses, think again - especially when ..[read more]

MBS Day Ahead: Econ Data Remains Limited and Unimportant; Bonds Minding the Gap
Thu, 23 Oct 2014 11:32:01 GMT

Posted To: MBS CommentaryYesterday morning's notes presented a mostly bullish case for bond markets with today as the first potential break from the corrective/consolidative post-rally weakness. Today, let's talk about what to watch for if th..[read more]

MBS RECAP: Super Flat Day Signals an End to Week-Long Consolidation
Wed, 22 Oct 2014 20:47:22 GMT

Posted To: MBS CommentaryWhen you see the word " consolidation " in market analysis--especially with respect to movement in securities prices/yields--it might as well read "correction." Simply put, a consolidation is the diffusion of the volatility. ..[read more]

Mortgage Rates at a Standstill, but not for Long
Wed, 22 Oct 2014 20:15:00 GMT

Posted To: Mortgage Rate WatchMortgage rates had their single flattest day since October 2nd today. This is the polar opposite of last week's exceptional volatility. The most interesting thing about it is that this is the way rates typically respond ..[read more]

Freddie Mac Economists Prescribe L.I.F.T. for Economy
Wed, 22 Oct 2014 19:26:38 GMT

Posted To: MND NewsWireFrank E. Nothaft and Leonard Kiefer, Freddie Mac's chief and deputy chief economists have come up with a formula for lifting the economy from its continuing low-growth status to a trajectory of robust sustainable growth. And th..[read more]

MBS MID-DAY: Back Near Unchanged Levels After Morning Volatility
Wed, 22 Oct 2014 17:32:45 GMT

Posted To: MBS CommentaryHere's a two-part chart that does a nice job of framing today's activity in both a longer and shorter term perspective. As you can see, we definitely had some bond-market-specific weakness this morning. Unfortunately ..[read more]

Elizabeth Warren Goes After Lenders; Ocwen vs NY Continues
Wed, 22 Oct 2014 14:49:17 GMT

Posted To: Pipeline PressIf I was going to build a house, I'd want to make sure it was on the right lot. For some folks that doesn't work out so well - thanks to Ali F. for sending this in. As the MBA's conference wraps up today in Las Vegas without ..[read more]

Best Week of Year for Refis; MBA sees Purchase Loan gains Next Year
Wed, 22 Oct 2014 12:52:55 GMT

Posted To: MND NewsWireFalling interest rate precipitated a major refinancing rally during the week ended October 17 even though Columbus Day shortened the business weeks in some locations. The Mortgage Bankers Association's (MBA's) Refinance Index j..[read more]

MBS Day Ahead: One Reason Bonds Might be Close to Rallying Again
Wed, 22 Oct 2014 11:36:11 GMT

Posted To: MBS CommentaryIt's been a pretty boring and consolidative week for bond markets so far, so let's have some fun. What follows is essentially a bullish case for bond markets, and you should be aware of some caveats before we begin. 1..[read more]

MBS RECAP: Bond Markets Holding up Well Against Stock Market Strength; MBS Better Still
Tue, 21 Oct 2014 21:14:34 GMT

Posted To: MBS CommentaryIt turned out to be an exceedingly uncomplicated day for Treasuries by the time US trading hours rolled around. Before that, yields moved sharply higher in the overnight session after news of potential ECB corporate bond buyi..[read more]

Mortgage Rates Sideways to Slightly Higher
Tue, 21 Oct 2014 20:18:00 GMT

Posted To: Mortgage Rate WatchMortgage rates continue to bide their time , holding just under 4 percent on average. Some borrowers might see their quote move up .125% from yesterday, but others will be quoted the same rate with slightly higher closin..[read more]

No Surprise: Final QRM Rule Closely Follows QM
Tue, 21 Oct 2014 19:03:02 GMT

Posted To: MND NewsWireFinancial regulators on Tuesday finally released the final rule defining Qualified Residential Mortgages (QRM). The definition is intended to determine which loans are exempt from the risk retention requirements of the Dodd Fra..[read more]

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