Jerry Coleman
Remax Unlimited
Direct: 303-257-9929
Fax: 303-369-6959
jerrysells@comcast.net

leftnav photo




Real Estate News
MBS RECAP: Small Ray of Hope Amid Scary Sell-Off
Sat, 20 Jan 2018 00:27:48 GMT

Posted To: MBS CommentaryToday's sell-off brought 10yr yields to their highest levels since the middle of 2014 (when they were on their way down following the taper tantrum. With this, bonds have weakened substantially for each of the past 3 week..[read more]

Worst Week Since June for Mortgage Rates
Fri, 19 Jan 2018 23:24:00 GMT

Posted To: Mortgage Rate WatchMortgage rates remained at 9-month highs today, with most lenders in worse shape than yesterday. In the morning, the sky hadn't yet fallen, the average lender was right in line with yesterday's 9-month highs, but at leas..[read more]

Auction Fever Heats Up Home Sale Prices
Fri, 19 Jan 2018 17:44:41 GMT

Posted To: MND NewsWireThe bidding wars are back . With home prices and sales back to or above pre-crisis levels and the inventory of available homes at records lows, CoreLogic's Shu Chen says that a large and increasing share of homes sold at or abo..[read more]

FHFA Director Watt Weighs in on Financial Reform Debate
Fri, 19 Jan 2018 16:30:09 GMT

Posted To: MND NewsWireBloomberg News is reporting on a proposal from Federal Housing Finance Agency (FHFA) Director Melvin Watt regarding the future of Fannie Mae and Freddie Mac (the GSEs). The two former companies, which have been in conservatorsh..[read more]

Urban Institute Weighs in on the Rent vs. Own Under New Tax Bill
Fri, 19 Jan 2018 14:33:33 GMT

Posted To: MND NewsWireWhile recently passed Tax Cuts and Jobs Act will benefit the take-home pay of most Americans, and allow them to save up to buy a home if they wish, other factors will offset that benefit . This will make renting look more attra..[read more]

MBS Day Ahead: Buyers Still Alive, But Still Waiting to Charge
Fri, 19 Jan 2018 14:13:38 GMT

Posted To: MBS CommentaryYesterday's recap is a good read if you didn't happen to catch it. Here's a link. In general, there are 2 things going on with rates right now. 1. confirmed uptrend beginning in mid-December and still intact 2. lu..[read more]

Report From NEXT; Lender and Investor Freddie/Fannie Changes: Part Three
Fri, 19 Jan 2018 14:00:58 GMT

Posted To: Pipeline PressAs if we don’t have enough measures of housing and real estate prices, here’s another one. The RE/MAX National Housing Report tells us what most already knew: The median home price rose 8.1% year-over-year, with 5..[read more]

MBS RECAP: Not The Kind of "Interesting" We Were Looking For
Thu, 18 Jan 2018 21:49:03 GMT

Posted To: MBS CommentaryWell... at least things are interesting . The winter holidays are always a challenge from an analytical and market-watching standpoint. It seems like a vast oversimplification (indeed, I didn't believe it was true when so..[read more]

Be Careful With News on Mortgage Rates Today
Thu, 18 Jan 2018 20:45:00 GMT

Posted To: Mortgage Rate WatchIt's Thursday, which means Freddie Mac released its weekly update on mortgage rates . This is typically not that big of a deal because mortgage rates don't tend to move enough in the short term to expose the shortfalls o..[read more]

A Request; Should Fannie and Freddie Update Their Credit Requirements?
Thu, 18 Jan 2018 17:27:06 GMT

Posted To: MND NewsWireThere is a rather unusual request up on the Federal Housing Finance Agency's (FHFA's) website. Two FHFA analysts, saying that the issue of updating the credit score requirements for Fannie Mae and Freddie Mac (the GSEs) is amon..[read more]

New Home Construction Retreats Quickly in December
Thu, 18 Jan 2018 14:57:45 GMT

Posted To: MND NewsWireBoth housing starts and permits were expected to retreat a bit in December , following their strong performances in October and November. Permits did tick down, but housing starts, which were exceptionally strong in November, g..[read more]

MBS Day Ahead: Is it Over?
Thu, 18 Jan 2018 14:37:16 GMT

Posted To: MBS CommentaryIs the decades-long bull market in bonds over? I imagine we'll be talking about this sort of thing every time yields spike to multi-month highs and even every time they spike aggressively after hitting multi-month lows. I..[read more]

Borrowers Get Ahead of Tax Changes, Refinance Activity Up in December
Thu, 18 Jan 2018 14:36:29 GMT

Posted To: MND NewsWireThe new tax law appeared to have slightly influenced mortgage originations in December, ahead of its actual implementation. Ellie Mae, in its December Origination Insight Report , said the share of refinances ticked up and clos..[read more]

Mortgage Rates Gently Rising from Recent Lull
Thu, 18 Jan 2018 14:30:28 GMT

Posted To: MND NewsWireSince 2006, mortgage interest rates have fallen 242 basis points, from 6.41 percent to 3.99 percent. A decline of 246 basis points in the 10-Year Treasury Note during the same period was largely responsible for the change. Howe..[read more]

Upcoming Conferences and Training; Conventional Conforming Changes: Part Two
Thu, 18 Jan 2018 14:18:40 GMT

Posted To: Pipeline Press“Employee engagement is a hot topic for organizations big and small. Regardless of size, a highly engaged workforce is a company’s greatest asset and can be a determining factor in how successful the company is. B..[read more]

MBS RECAP: No Easy Victories as Bonds Revisit Weaker Levels
Wed, 17 Jan 2018 21:42:51 GMT

Posted To: MBS CommentaryLast week's bounce at a ceiling of 2.60% (twice, essentially) was enough for some DEFENSIVE hope. In other words, it introduced the possibility of the recent selling trend running out of steam near these levels. But as I ..[read more]

Mortgage Rates Highest in 9 Months
Wed, 17 Jan 2018 20:35:00 GMT

Posted To: Mortgage Rate WatchMortgage rates were only moderately higher today, but the move was enough to officially bring them to the highest levels since the Spring of 2017. In other words, most lenders' rate quotes are fairly similar to recently ..[read more]

Reverse Mortgages Draining FHA Resources, Overhaul Needed
Wed, 17 Jan 2018 18:54:53 GMT

Posted To: MND NewsWireSeveral housing authorities recently suggested changes to the form and operation of the Home Equity Conversion Mortgage (HECM) program, more commonly known as reverse mortgages. The program, administered by the FHA, serves home..[read more]

Builder Confidence Down From 18-Year High, Still Strong
Wed, 17 Jan 2018 15:41:56 GMT

Posted To: MND NewsWireThe National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which hit an 18-year high in December, backed off a bit this month . NAHB said the composite index, a measure of builder confidence in the..[read more]

Freddie and Fannie Changes - Single Security Moving Forward; Upcoming Events
Wed, 17 Jan 2018 14:14:07 GMT

Posted To: Pipeline Press“It doesn’t matter if you are rich or poor, as long as you have money.” Banks are where the money is, and plenty of them are paying attention to Congress. Eliminate Dodd-Frank? No. Revise? Perhaps. The most ..[read more]

MBS Day Ahead: Bonds Continue Battle For Lesser Evil
Wed, 17 Jan 2018 14:07:00 GMT

Posted To: MBS CommentaryThere's bad news and not-quite-as-bad news. Longer-term bonds (the stuff we care about) are either in a modest, steady, long-term uptrend (in rate), or they're in a more aggressive, shorter-term uptrend. Actually, the..[read more]

Application Volumes Rise Despite Surging Rates
Wed, 17 Jan 2018 13:36:53 GMT

Posted To: MND NewsWireMortgage activity continued strong during the second week of the New Year. The Mortgage Bankers Association (MBA) reports that its Market Composite Index, a measure of loan application volume, increased 4.1 percent on a seasona..[read more]

MBS RECAP: Bonds Scratch Out Victory Despite Headwinds
Tue, 16 Jan 2018 22:00:41 GMT

Posted To: MBS CommentaryHad it not been for a fairly abrupt sell-off in stocks (the first big day of losses in 2018, and the biggest open-to-close sell-off since late August for some major averages), there's no guarantee that bonds would have en..[read more]

Mortgage Rates Still Working on That Ceiling
Tue, 16 Jan 2018 20:20:00 GMT

Posted To: Mortgage Rate WatchMortgage rates didn't move much today. Most lenders were just slightly lower/better this morning, but mid-day market weakness prompted several of them to reissue higher rates. In the bigger picture, however, the past sev..[read more]

Housing Demands are Changing, Builders Slow to Follow
Tue, 16 Jan 2018 16:00:05 GMT

Posted To: MND NewsWireBuilders are building more houses, but a survey conducted by the National Association of Home Builders (NAHB) found they are essentially building the same ones . The survey, released during the association's International Build..[read more]

 © 2018 Agent Image All rights reserved. | Terms | Sitemap Design by Agent Image - Real Estate Web Site Design