FHA/VA Pricing Updates; Down Payment News and Trends

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Posted To: Pipeline Press

Economists, like royal children are not punished for their errors. Data revision can be a career strategy for some, and certainly some companies wish they could revise data occasionally – especially lenders in the first quarter. Given recent data, here’s one analyst who believes it will be tough sledding for Impac, for example. Capital markets Yield curve update? As Treasury yields rose after the election, then fell again, and have recently moved slightly higher, the gap between two- and 10-year notes has settled to pre-election levels of 1.04 percentage points as the market’s expectations for economic growth and inflation drop. Looking back to Friday, the bond markets were certainly influenced by the weak Retail Sales and Consumer Price Index reports for April… does our economy…(read more)

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