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Lenders Upbeat on Economy; Less so on Loan Demand

Posted To: MND NewsWire

Mortgage lenders contacted in the first quarter of 2017 by Fannie Mae’s Mortgage Lender Sentiment Survey expressed the highest expectations for the economy and for home prices since the survey began in the first quarter of 2014. In the first respect, they shared the same sentiments about the economy being on the right track as those articulated by consumers in Fannie Mae’s recent National Housing Surveys (NHSs.) Seventy-seven percent of respondents said they saw the economy being on the right track while only 12 percent said it was on the wrong track. The results were essentially the same whether reported by representatives of small, medium, or large institutions. Forty-eight percent of respondents, a gave the right track answer in the most recent NHS, a high for that survey as well. Lenders…(read more)

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Brady hits the links with Spieth

Tom Brady is spending his offseason like the champion he is.

The Super Bowl LI MVP recently hit the golf course with fellow superstar Jordan Spieth.

Trying to beat @jordanspieth in golf is like trying to arm wrestle @therock… #DreamBig #NeverGiveUp

A post shared by Tom Brady (@tombrady) on Mar 27, 2017 at 7:21am PDT

Wonder what could have brought the super pairing together? Oh, right …

When the need for a #shoepicture calls, you answer the bell. #LetOurPowersCombine

A post shared by Tom Brady (@tombrady) on Mar 27, 2017 at 8:43am PDT

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Sprint car driver Steele killed in Florida speedway crash

Sprint car veteran David Steele has died during a race in Florida. Desoto Speedway officials said in a Facebook post on Saturday night that track owners and staff were saddened … Click to Continue »

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More Evidence For Decelerating Home Price Gains

Posted To: MND NewsWire

The third major home price index released January data released on Monday and it became the third to post a deceleration in the rate of price appreciation. Black Knight Financial Services said that prices in January increased from January 2016 by 5.4 percent. Year-over-year increases had averaged of 5.75 percent over the fourth quarter of 2016. From December to January the Black Night Home Price Index (HPI) was up 0.1 percent, the same increase as from November to December, however in each of the previous two months the increase was 0.2 percent and monthly increases averaged 0.52 percent for all of 2016. The January HPI was $266,000 . This was only 0.3 percent below the peak price level reached nationally in June 2006 and is 33.6 percent above the 2012 price trough New York State again led…(read more)

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Watch: Rahm smokes 426-yard drive at WGC-Match Play

There aren’t many times a player hits a 390-yard drive and is still furthest away from the hole for his second shot, but that’s exactly what happened to Bill Haas in his match Sunday versus Jon Rahm in the WGC-Match Play semifinals.

Rahm absolutely smoked his tee shot at the par-5 12th, hitting it 426 yards and leaving just 150 yards to the hole.

Haas and Rahm both had makeable eagle attempts, but settled for birdies to halve the hole.

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Larson holds off Logano, wins Xfinity Series race at Fontana

Kyle Larson hopes his NASCAR Xfinity race victory will catapult him to a weekend sweep at Fontana. The way this season is going for the overall Cup series points leader, … Click to Continue »

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3 players with the easiest roads to the WGC-Match Play crown

Dustin Johnson

Johnson is cruising this week, posting a perfect 3-0-0 record and hasn’t played beyond the 16th hole. Jimmy Walker went 6-under par over an eight-hole stretch Friday, but was able to win just two holes against Johnson. The world No. 1 player only has two players with more than one PGA Tour victory, Bubba Watson and his Saturday morning opponent, Zach Johnson.

Phil Mickelson

The opening hole Wednesday against Si Woo Kim was the last time Mickelson didn’t have at least 1-up next to his name on the leaderboard. Lefty has led in 41 of 42 holes he’s played over the last three days, and doesn’t have any real threat until the possible semifinals.

Jon Rahm

Mickelson’s threat would be Jon Rahm, who destroyed countryman Sergio Garcia on Friday to win the group. Rahm faces Charles Howell III on Saturday, then the winner of William McGirt and Soren Kjeldsen, should he beat Howell. The young Spaniard has trailed just once this week, on the first hole Wednesday against Kevin Chappell.

(Photos courtesy: Action Images)

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Danica questions NASCAR discipline after no fine for Dillon

When NASCAR decided not to fine Austin Dillon for running Cole Custer into a wall last week in Phoenix, other drivers were left wondering how the sport decides who gets … Click to Continue »

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MBS RECAP: Bonds Fizzle as Week Ends Without Healthcare Vote

Posted To: MBS Commentary

More than a few bond bulls out there (those are folks who want rates to go lower!) were eager for the vote to take place on the healthcare bill that drew most of the market’s attention this week. They figured one of two things would happen. Most likely, there weren’t enough votes for the bill to pass. It would fail, and that would be great for bonds. Alternatively, they hoped that if the bill did pass, that it would have been changed so much that it still cast doubt on the new administration’s ability to push its policy agenda. You’d be hard-pressed to find a trader who wouldn’t have agreed that one of those 2 outcomes was more likely than a clean passage of the bill. Instead of any of those options, markets were dealt a wild card in the form of a postponement of the vote…(read more)

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Neveda – Responsive Fashion eCommerce WordPress Theme

What comes into your mind when you hear the word “fashion”? To me, it is style! I believe fashion must always be accompanied by “style”. Similarly, I believe that whatever you do, as long as it involves fashion, you have…

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