MBSauthority News - MBS, Economy, and Housing

Treasuries on the move, U.S. 10-year yield back at 1.48%

U.S. Treasury yields climbed, after President Joe Biden promised there would be enough Covid vaccines to inoculate every adult in the U.S. by the end of May.

More than $45 billion in rental assistance could soon be available. Here's how to apply

Renters struggling in the pandemic can apply for financial assistance to cover their missed payments. Here's what you need to know about accessing the cash.

Sands to sell its Las Vegas properties for $6.25 billion as it shifts focus to Macao, Singapore

Before the pandemic, Sands' properties in Asia accounted for roughly 90% of its revenue with investments planned to expand in Macao and Singapore.

Rocket Mortgage founder Dan Gilbert made $30 billion on paper after stock's surge

The spike in Rocket Companies' stock price created a massive one-day gain for the company's largest shareholder.

New Members Appointed to New York Fed’s Community Depository Institutions Advisory Council

The New York Fed today announced the appointment of two new members to its Community Depository Institutions Advisory Council (CDIAC), effective immediately.

Creating safe and affordable homes is reaching a crisis point

Climate disasters across the country have sparked concern about the safety of homes.

Mortgage application demand stalls as interest rates surge to highest level since July

Mortgage interest rates rose at the fastest pace last week in over a year, throwing cold water on already cooling demand.

Most investors 'just aren’t prepared' for surging bond yields, fund manager warns

Stock markets wobbled last week as U.S. Treasury yields rose, and one fund manager has warned that equity investors are ill-prepared for the "pain" that's coming.

Real estate title firm Doma, backed by Lennar, to go public in deal with SPAC

Doma has agreed to combine with Capitol Investment Corp. V, a publicly traded special purpose acquisition company.

Treasury yields fall, continue retreat from last week's spike

U.S. Treasury yields declined on Tuesday morning, reflecting rising prices for bonds.

Fed policy changes could be coming in response to bond market turmoil, economists say

While the Fed may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon.

10-year Treasury yield slides after last week's surge

The 10-year U.S. Treasury yield started the week lower as U.S. stock futures rose.

Goldman says investors shouldn't worry about interest rates at these levels

Rising interest rates that shook investors are well short of anything that poses a broader threat to the market, according to Goldman.