Kelli Marchbanks
Coldwell Banker Brokers of the Valley
Cell: 707-815-5815

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Real Estate News
MBS RECAP: Bonds Cap Extraordinarily Tame Week Despite Excuses
Sat, 18 Jan 2020 00:16:05 GMT

Posted To: MBS CommentaryWe've seen a whole lot more movement in the bond market for a whole lot less motivation than we had this week. Back to back econ data shockers (Philly Fed and Housing Starts) were scarcely able to get yields back up to Mo..[read more]

Mortgage Rates Off Recent Lows
Fri, 17 Jan 2020 23:48:00 GMT

Posted To: Mortgage Rate WatchMortgage rates moved slightly higher over the past two days as strong economic data and corporate earnings coaxed investors into riskier assets like stocks. Bonds (which dictate interest rates) are always being bought an..[read more]

Markets Wrapping Things Up Ahead of Long Weekend
Fri, 17 Jan 2020 15:47:03 GMT

Posted To: MBS CommentarySometimes the market moves in clear response to a headline event or the scheduled release of an economic report. We have clear examples of this recently. last week's Iran-related escalation (and de-escalation) had massive..[read more]

December's Housing Starts Surged to 13-Year High
Fri, 17 Jan 2020 15:30:31 GMT

Posted To: MND NewsWireWhile permits fell from the previous month, the U.S. Census Bureau and the Department of Housing and Urban Development said December was another exceptional month for residential housing starts. Those starts soared to a seasona..[read more]

Renovation Products; CEOs Can't Ignore LIBOR Transition; Cap. Markets
Fri, 17 Jan 2020 14:22:58 GMT

Posted To: Pipeline PressI’ve gotta hand it to those writers who put out listings for real estate agents. Maybe if I had a bunch of money I could live in a “secluded retreat” or an “enchanted villa.” I have never lived i..[read more]

Home Builders Confidence Remains Near 20-Year High
Thu, 16 Jan 2020 15:33:55 GMT

Posted To: MND NewsWireThe National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) settled back a bit after its 5-point surge in December took it to its highest level since 1999. The Index, a measure of builder confidence ..[read more]

MBS Day Ahead: Robust Day of Econ Data and Corporate Earnings
Thu, 16 Jan 2020 14:07:34 GMT

Posted To: MBS CommentaryBonds continue to be well-contained by the prevailing consolidation range--a series of higher lows and static highs that's been in place in its current form since mid October. A big break outside that range could serve as..[read more]

HUD Jobs; Borrower Satisfaction Report; Vendor News and Updates
Thu, 16 Jan 2020 13:55:46 GMT

Posted To: Pipeline PressFor folks who like numbers and trends, according to the U.S. Census Bureau’s national and state population estimates released in December, 42 states and the District of Columbia had fewer births in 2019 than 2018. Natur..[read more]

MBS RECAP: Most Interesting Part of Today is That it Comes Just Before Tomorrow
Wed, 15 Jan 2020 20:42:50 GMT

Posted To: MBS CommentaryToday marked a rare mid-week "total dud" in terms of bond market momentum developments. This was made all the more striking by the fact that bonds certainly COULD have developed some sort of reaction strategy based on the par..[read more]

Mortgage Rate Volatility Still a No-Show For 2020
Wed, 15 Jan 2020 19:37:00 GMT

Posted To: Mortgage Rate WatchMortgage rates improved modestly today, adding to yesterday's slightly less compelling improvement. Taken together, they keep an air of calm and steady progress intact during a week that ran the risk of stumbling across ..[read more]

Lower Housing Affordability Linked to Slower Job Growth
Wed, 15 Jan 2020 15:36:08 GMT

Posted To: MND NewsWireThe National Association of Realtors® (NAR) has uncovered another downside to the increasing lack of housing affordability in the U.S. A new study found that, in many areas where affordability has declined over the last fiv..[read more]

VA Removes Loans Limits, Increases Fees
Wed, 15 Jan 2020 15:08:30 GMT

Posted To: MND NewsWireU.S. military veterans and active duty personnel who buy or refinance a home in 2020 will have more buying power if they use a VA loan. They will also pay more money for that loan. The Blue Water Navy Vietnam Veterans Act of 20..[read more]

MBS Day Ahead: Dear Bond Market, I Challenge You To Do Something Interesting
Wed, 15 Jan 2020 14:17:03 GMT

Posted To: MBS CommentaryBonds have been able to put in a few days with moderate movement both higher and lower in yield, but have generally been holding inside a range that is even narrower than the one seen during December. December's range, in..[read more]

Retention, Fraud Prevention Tools; Events and Training Coast to Coast; Capital Markets
Wed, 15 Jan 2020 14:07:18 GMT

Posted To: Pipeline PressWe find ourselves at Wednesday already. How about some numbers for Hump Day? Years ago Arnold Schwarzenegger famously said, “Having more money doesn't make you happier. I have $50 million dollars, but I'm just as happy ..[read more]

Mortgage Applications Soar to Best Levels in Over a Decade
Wed, 15 Jan 2020 13:12:18 GMT

Posted To: MND NewsWireMortgage application activity exploded out of the starting gate during the first full week of 2020 . The Mortgage Bankers Association's (MBA) said its Weekly Mortgage Applications Survey for the week ending January 10, 2020 sho..[read more]

How Downsized Building Trends Affect Bedrooms and Bathrooms
Tue, 14 Jan 2020 20:38:10 GMT

Posted To: MND NewsWireBuilders are struggling to construct homes that are affordable to a greater number of buyers, especially those on the entry level, and they are finding building smaller and leaner is one way to go. Using data from the U.S. Cens..[read more]

MBS Day Ahead: Yes, MBS Have Definitely Been Outperforming Treasuries In General
Tue, 14 Jan 2020 14:51:19 GMT

Posted To: MBS CommentaryMore often than not during the past few months, a quick glance at the MBS Live dashboard reveals that MBS are making better gains than Treasuries. Is this the way it always is? Is something new and different happening? Why ha..[read more]

Marketing, Pricing, Sales Tools; FHA, VA, and Ginnie Changes
Tue, 14 Jan 2020 14:00:45 GMT

Posted To: Pipeline PressThere are some clever people out there creating abbreviations and acronyms. Megxit? Yes: Prince Harry and Meghan Markle exiting from certain royal duties. Remember when talking about the economic woes of PIGS (Portugal, Italy..[read more]

Mortgage Rates Face More Volatility Later This Week
Mon, 13 Jan 2020 22:32:00 GMT

Posted To: Mortgage Rate WatchMortgage rates didn't do much today, and that's good enough news considering the average lender is closer to the lower end of the rate range since early October. The only counterpoint would be that there isn't much dista..[read more]

Finding a Balance Between Mortgage Availability and Default Risk
Mon, 13 Jan 2020 18:36:58 GMT

Posted To: MND NewsWireCoreLogic is continuing its analysis of the potential impact of the January 2021 expiration of the so-called "GSE Patch." Under the Consumer Financial Protection Bureau's (CFPB's) 2013 Ability-to-Repay (ATR) and Qualified Mortg..[read more]

MBS Week Ahead: Limited Econ Data and Phase 1 Trade Deal Signing
Mon, 13 Jan 2020 15:10:24 GMT

Posted To: MBS CommentaryRather than serve to accelerate or crush the negative bond market momentum building at the end of 2019, 2020 has only compounded the broader sideways trend. It hasn't been as boring as "sideways" tends to be either! Credi..[read more]

Compliance, LO Tools; Deep Dive Into W-2 vs.1099 and the SAFE Act
Mon, 13 Jan 2020 14:03:00 GMT

Posted To: Pipeline PressLenders, and all financial sector firms, continue to ruminate on the privacy law in California that now gives people the right to access and delete personal data companies have collected. LOs are ready and willing to delete a..[read more]

Smooth Sailing Until It's Not Anymore
Fri, 10 Jan 2020 23:43:00 GMT

Posted To: Mortgage Rate WatchMortgage rates had been moving higher over the past few days. The average lender was at the highest levels of the month as of yesterday morning, but things began to change shortly thereafter. Today's market movement adde..[read more]

Smaller, Smarter: How Builders are Changing Housing and Courting Millennials
Fri, 10 Jan 2020 19:24:02 GMT

Posted To: MND NewsWireAfter the housing crash and as the recovery began home builders ratcheted up the size of the homes they were building because the profit margin was higher on larger homes. There was also a lot of competition at lower price poin..[read more]

MBS Day Ahead: Bonds Doubling Down on Sideways Bets
Fri, 10 Jan 2020 15:02:49 GMT

Posted To: MBS CommentaryWith NFP coming out just slightly weaker than expected and the bond market not undergoing much of a reaction in either direction, the rest of the day becomes a relative non-event in the bigger picture. This is in the same vei..[read more]

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