Joan Capria

Joan Capria
Direct: 845-417-8550
Fax: 845-679-0024
joan@joancapria.com




Real Estate News
MBS RECAP: Bond Markets Take "Inside Day" to Another Level
Thu, 29 Jan 2015 21:46:31 GMT

Posted To: MBS Commentary"Inside day" is a good little piece of market jargon. It refers to a day of trading where prices, yields, or whatever you want to chart fall INSIDE the high and low from the previous day. So quite simply, if the orange lines ..[read more]

Mortgage Rates Holding Near Long-Term Lows
Thu, 29 Jan 2015 20:53:00 GMT

Posted To: Mortgage Rate WatchMortgage rates were steady to slightly higher today on average. Some lenders were actually slightly lower, but they were the exception. In contrast to yesterday, the bond markets that underlie rate movements were exceedi..[read more]

Averages in 2014: LTV, FICO, Loan Types, and More
Thu, 29 Jan 2015 20:49:37 GMT

Posted To: MND NewsWireFifty-six percent of loans closed in December were for home purchase, somewhat lower than the average for 2014 as a whole according to the Origination Insights Report from Ellie Mae. Lower interest rates pushed refinancing numb..[read more]

MBS MID-DAY: Grinding Sideways to Slightly Weaker With Little Regard for Events
Thu, 29 Jan 2015 17:46:23 GMT

Posted To: MBS CommentaryWhile there have been several economic events in the overnight and domestic sessions that seemingly imparted some momentum, bond markets are better described as simply correcting from yesterday's rally. The following char..[read more]

Pending Home Sales Suffer Largest Drop of Year
Thu, 29 Jan 2015 15:54:18 GMT

Posted To: MND NewsWireThe rate at which contracts were signed to purchase homes was down slightly in December the National Association of Realtors® (NAR) said today. Even though buyers were looking at the lowest interest rates of the year NAR&rs..[read more]

Fannie CU Webinar; Reports on Health of Reverse Mortgages, Homebuilders, and Housing Market
Thu, 29 Jan 2015 15:45:50 GMT

Posted To: Pipeline Press"Rob, I just heard of a major lender offering an internal incentive for originating FHA streamline refinances . The bonus is 100 bps on top of their normal commission. This sounds highly unusual and will directly relate in gr..[read more]

MBS Day Ahead: Bond Markets Still Trying to Make up Mind After ECB
Thu, 29 Jan 2015 12:32:25 GMT

Posted To: MBS CommentarySo much of 2014 was spent building up to the notion of ECB QE and so much of the first 2 weeks of 2015 was dedicated to fully pricing it in that bond markets seem like they're not sure what to do next. Either that or the ..[read more]

Freddie Mac Index Shows Deterioration in some Energy Dependent Markets
Wed, 28 Jan 2015 22:19:54 GMT

Posted To: MND NewsWireFreddie Mac's Multi-Indicator Market Index (MiMi) rose nationally this month for the third consecutive time. This, along with improving three month trends in thirty-four states and the District of Columbia and 37 of 50 metropol..[read more]

Mortgage Rates Back to Long Term Lows After Fed
Wed, 28 Jan 2015 22:03:00 GMT

Posted To: Mortgage Rate WatchMortgage rates fell again today , and while the move wasn't big, it was enough to bring most lenders back in line with the best rates from two weeks ago. Those have the added distinction of being the best rates since May..[read more]

MBS RECAP: What's up with the Weird Market Reaction to FOMC?
Wed, 28 Jan 2015 21:52:32 GMT

Posted To: MBS CommentaryToday's FOMC Announcement resulted in one of the strangest market reactions in recent memory. Explanations for the various movements abound, and most of them unfortunately contradict each other. For instance, one of the p..[read more]

MBS MID-DAY: Conservatively Inside Yesterday's Range Ahead of FOMC
Wed, 28 Jan 2015 17:34:55 GMT

Posted To: MBS CommentaryI'm not sure why anyone is writing article headlines that reference the approaching Fed announcement. Does the Fed even matter right now? Or perhaps a better question would be: does the Fed matter enough to be the focal p..[read more]

Lessons From the CFPB/Wells/Chase Order; FDIC Video on LO Comp; Training and Events
Wed, 28 Jan 2015 14:57:36 GMT

Posted To: Pipeline PressDon't forget that last Friday Ocwen Financial reached a settlement with a California regulator that will allow it to continue operating in the state. As part of a consent order with the California Department of Business Overs..[read more]

Mortgage App Surge Levels off as Rates Ebb
Wed, 28 Jan 2015 14:03:16 GMT

Posted To: MND NewsWireThe law of physics prevailed last week and mortgage applications, riding high for the previous two weeks, returned to earth. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of loan applications..[read more]

MBS Day Ahead: FOMC Announcement The Only Game in Town
Wed, 28 Jan 2015 12:25:09 GMT

Posted To: MBS CommentaryWith all the recent focus on Europe, and with no major surprises hanging in the balance for domestic monetary policy, it's easy to forget about the Fed. After completing new asset purchases in late 2014, the Fed was effec..[read more]

MBS RECAP: Bond Markets Consolidate Ahead of FOMC
Tue, 27 Jan 2015 21:46:21 GMT

Posted To: MBS CommentaryAfter briefly breaking above the 1.84% inflection point amid last week's ECB-related volatility, 10yr Treasury yields have been religiously leaning on it as a supportive ceiling. In fact, they were leaning on that ceiling..[read more]

Mortgage Rates Improve Modestly Ahead of Fed Announcement
Tue, 27 Jan 2015 21:46:00 GMT

Posted To: Mortgage Rate WatchMortgage rates continued a recent pattern of small day-to-day changes today. This time, however, lenders were more unified in a move to slightly lower rates. The recent norm has been for different lenders to move in diff..[read more]

Watt Updates Congress on FHFA Operations
Tue, 27 Jan 2015 19:51:39 GMT

Posted To: MND NewsWireMelvin L. Watt, appeared before the House Financial Services Committee on Tuesday, his first such appearance since he became director of the Federal Housing Finance Agency (FHFA) a year ago. Watt, in his prepared remarks, recou..[read more]

2014 New Home Sales 1.2 Percent Higher than 2013
Tue, 27 Jan 2015 18:22:59 GMT

Posted To: MND NewsWireNormal 0 false false false EN-US X-NONE X-NONE New Home Sales in December scored a big increase over November’s figures according to a joint Census Bureau, Department of Housing and Urban Development report issued today. ..[read more]

MBS MID-DAY: Off Best Levels After European Markets Close
Tue, 27 Jan 2015 18:16:39 GMT

Posted To: MBS CommentaryThe overnight session was generally flat to slightly stronger for Treasuries. Early domestic trading was limited due to the snow storm in New York (though not as limited as it seemed that it would be based on yesterday's ..[read more]

Case-Shiller: Recovery has Barely Reached First Base
Tue, 27 Jan 2015 16:19:07 GMT

Posted To: MND NewsWireAs has been the case for some months the latest report from S&P/Case Shiller shows a continued slowing of home price increases. November results for both the 10-City and 20-City Composite Indices were lower on a year-over-year ..[read more]

Boomerang ' are Buyers Ready, Willing, and Able?
Tue, 27 Jan 2015 15:38:34 GMT

Posted To: MND NewsWireNormal 0 false false false EN-US X-NONE X-NONE Are you ready for The Boomerang Buyer? That is the latest wrinkle in the seemingly endless foreclosure saga and there are apparently a lot of them who are now potentially able to a..[read more]

Texas, Colorado Outshining Pre-Crash Home Prices
Tue, 27 Jan 2015 15:33:20 GMT

Posted To: MND NewsWireNormal 0 false false false EN-US X-NONE X-NONE Black Knight Financial Services said Monday that national home prices eked out another month-over-month gain in November, rising 0.1 percent on its Home Price Index (HPI) to a valu..[read more]

FHA MIP Change Advice; USDA News; Correspondent Salary Survey; CFPB Stealing Auditors?
Tue, 27 Jan 2015 15:29:28 GMT

Posted To: Pipeline PressI see a fair amount of state-level news, and it seems to be the season for lenders to meet with legislators. What items are on the agendas? As an indication, Banner Bank's Ken Larsen sent along the Seattle Mortgage Bankers As..[read more]

MBS Day Ahead: Plenty of Data, but No One Around to Trade It
Tue, 27 Jan 2015 12:33:04 GMT

Posted To: MBS CommentaryToday brings a relative deluge of economic data compared to yesterday. Reports include Durable Goods, Case-Shiller Home Prices, New Home Sales, and Consumer Confidence. On most occasions in the past, this line-up of upper-mid..[read more]

MBS RECAP: Lack of Data Today, Snowstorm Tomorrow Taking Toll on Participation
Mon, 26 Jan 2015 22:10:22 GMT

Posted To: MBS CommentaryAfter two weeks of elevated volumes and activity, today hearkened back to old-fashioned Mondays . Participation was light, market movement was largely an overnight affair, and there was a general absence of interesting info d..[read more]

 © 2015 Agent Image All rights reserved. | Terms | Sitemap Design by Agent Image - Real Estate Web Site Design