Christine Curl, Managing Broker
Direct #: 303-884-3466
E-mail: curlcountry@cs.com

Pamela L. Edens, Broker
Direct #: 303-378-1096
E-mail: pam.edens1@gmail.com

Colorado Tenderfoot
Properties II, Inc

(303) 732-1115
100 S. Main St.

Real Estate News
MBS RECAP: Sudden Glut of Fed Bond-Buying Comments
Sat, 23 Feb 2019 00:23:46 GMT

Posted To: MBS CommentaryAs recently as January 10th, Jerome Powell unequivocally stated that the Fed's balance sheet wind-down was on auto pilot. In other words, they weren't going to be jumping back into buying bonds with balance sheet rein..[read more]

Mortgage Rates Only Slightly Lower Despite Strong Bond Market
Fri, 22 Feb 2019 23:12:00 GMT

Posted To: Mortgage Rate WatchMortgage rates are most directly affected by the day to day movement in the bond market. It's interesting to consider that bonds improved quite a bit today, even though mortgage rates were only modestly higher. In fact, ..[read more]

MBS Day Ahead: Fed Hard at Work Dialing in Porridge Temp
Fri, 22 Feb 2019 14:56:22 GMT

Posted To: MBS CommentaryIf you're not familiar with these terms, you'll need the following definitions for today's commentary: hawkish/dovish . The Fed is a key ingredient in the market movement outlook going forward. This isn't to s..[read more]

Broker, Non-QM Products; Lenders and Investors React to VA and FHA Changes
Fri, 22 Feb 2019 13:53:39 GMT

Posted To: Pipeline PressIn the good news category, we can all knock “lumber prices” off the list as a hindrance to builders. Prices are down 25% in the last year. Is it “easier” to be a builder, or home buyer data source, tha..[read more]

Fannie Mae Lowers Several Forecasts
Fri, 22 Feb 2019 13:20:51 GMT

Posted To: MND NewsWireFannie Mae is predicting a notable slowdown in the growth of the U.S. economy in the first quarter of 2019. They have downgraded their earlier forecast by 0.1 percent to an annualized rate of 1.7 percent, compared to 2.8 percen..[read more]

MBS RECAP: Delayed Reaction to Fed Hurts Stocks and Bonds
Thu, 21 Feb 2019 21:48:28 GMT

Posted To: MBS CommentaryAlthough today brought the week's most anticipated line-up of economic data as well as overnight headlines on US/China trade agreements, the biggest market mover was yesterday's Fed Minutes. At the time, I expressed c..[read more]

Mortgage Rates Slightly Higher Today
Thu, 21 Feb 2019 21:03:00 GMT

Posted To: Mortgage Rate WatchMortgage rates may be close to their lowest levels in more than a year, but they were slightly higher versus yesterday. Yesterday's rates were close enough to 1-year lows that no one would take exception with the claim. ..[read more]

NAR: Home Sales "Likely to Have Reached a Cyclical Low"
Thu, 21 Feb 2019 16:29:47 GMT

Posted To: MND NewsWireExisting home sales fell again in January although the decline was a minor one compared to the 6.4 percent drop in December. The National Association of Realtors® (NAR) said sales of single-family homes, townhomes, condomin..[read more]

Closing Rate, Refinance Share Rose in January
Thu, 21 Feb 2019 15:05:09 GMT

Posted To: MND NewsWireA 16-basis point drop to 5.01 percent in the average rate for 30-year fixed-rate mortgages was given only partial credit for a sizable uptick in the refinancing share of originations in January. Ellie Mae's Origination Insight ..[read more]

Mobile App Product; TIAA/US Bank Deal; FHA, VA, Ginnie News
Thu, 21 Feb 2019 13:58:19 GMT

Posted To: Pipeline Press“Writing about music is like dancing about architecture.” A clever quote about differences which reminded me that there are differences between the national debt and the budget deficit. Beginning in 2022, U.S. ann..[read more]

MBS Day Ahead: How The Range Expands
Thu, 21 Feb 2019 13:29:23 GMT

Posted To: MBS CommentaryIf you're just joining us, we've been talking quite a bit in recent weeks about a consolidation range/trend in the bond market. This refers to a series of higher lows and lower highs resulting in a narrowing trading r..[read more]

MBS RECAP: Despite Interesting Tidbits From Fed, Bonds Barely Budge
Wed, 20 Feb 2019 22:04:23 GMT

Posted To: MBS CommentaryOne of the most interesting parts of today's Fed Minutes release was their characterization of the market's surprise at December announcement. At best, the Fed was seen as being a shade too optimistic about the econom..[read more]

Mortgage Rates Near Long-Term Lows After Fed Minutes
Wed, 20 Feb 2019 21:46:00 GMT

Posted To: Mortgage Rate WatchMortgage rates finally broke from their recent "back-and-forth" pattern of the past 7 business days and moved lower for the 2nd day in a row . Although today's big-ticket event for financial markets was the 2pm release o..[read more]

UI Addresses Disparity in Minority Homeownership Rates
Wed, 20 Feb 2019 16:45:30 GMT

Posted To: MND NewsWireThe gap in homeownership rates between white Americans and racial and ethnic minorities has persisted for years with the largest gap among black families. All demographic groups have seen their rates decline from the 2004 peak,..[read more]

MBS Day Ahead: Closer Look at Precedents For The Next Big Move
Wed, 20 Feb 2019 14:18:12 GMT

Posted To: MBS CommentaryYesterday, I mentioned that it was rare to see short-term momentum technicals consolidate in the center of their "overbought vs oversold" range. This refers to a fast stochastic oscillator--one of many ways that traders apply..[read more]

Digital, Pricing Products; Retail Digital/Program News, loanDepot's Smartloan
Wed, 20 Feb 2019 13:24:54 GMT

Posted To: Pipeline PressWatch out for spam emails asking for your phone number. Seems like they are trying to get past the two-factor authentication that sends a six-digit code to cell phones. And please watch out for rogue capital markets people in..[read more]

Mortgage Application Volume Makes a Return to Positive Territory
Wed, 20 Feb 2019 13:14:54 GMT

Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) said mortgage application volume rose for the first time in five weeks during the week ended February 7. MBA's Market Composite Index, a measure of that volume, increased 3.6 percent on a ..[read more]

MBS RECAP: The Range May Be Breaking...
Tue, 19 Feb 2019 22:17:56 GMT

Posted To: MBS CommentaryThe range may be breaking! Well, one of the ranges we've been tracking may be breaking, as long as tomorrow sees bond markets hold the gains they saw today. Unfortunately, if that happens, it won't really mean that mu..[read more]

Mortgage Rates Sticking Close to Long-Term Lows
Tue, 19 Feb 2019 20:47:00 GMT

Posted To: Mortgage Rate WatchMortgage rates fell modestly today, making it the 7th straight business day where they've moved in the opposite direction from the previous day. This see-saw pattern is commonly seen during periods of consolidation in th..[read more]

Low Rates and Strong Jobs Numbers Bolster Builder Confidence
Tue, 19 Feb 2019 15:33:41 GMT

Posted To: MND NewsWireThe Housing Market Index (HMI) continues to recover from the plunge it took in November and December when it dropped an aggregate of 12 points. The National Association of Home Builders (NAHB)/Wells Fargo measure of builder con..[read more]

MBS Day Ahead: Trading Range on Borrowed Time
Tue, 19 Feb 2019 14:12:35 GMT

Posted To: MBS CommentaryFor all of the potential market movers that anyone can discuss so far in 2019, we really haven't seen any concerted effort to take yields higher or lower from key technical levels. The higher of those levels was implied b..[read more]

Marketing, Training Products; Another Wholesaler Exits; Conforming News
Tue, 19 Feb 2019 13:53:45 GMT

Posted To: MND NewsWireWhere’s John Mellencamp when you need him ? Lenders in rural areas know that over half of U.S. farm households lost money farming in the past few years. In 2018, the median (half above, half below) farm income for U.S. fa..[read more]

MBS RECAP: Deceptively Relevant Econ Data But Range Prevails
Fri, 15 Feb 2019 20:43:04 GMT

Posted To: MBS CommentarySince Retail Sales rocked markets yesterday, perhaps bonds would be interested in responding to economic data again today? This question seemed to have been answered when bonds apparently jumped following this morning's 8..[read more]

"Homeowners are in Great Shape," Delinquencies Improve Across the Board
Fri, 15 Feb 2019 20:13:11 GMT

Posted To: MND NewsWireMortgage loan delinquencies were down from the third quarter of 2018 in the fourth quarter. The Mortgage Bankers Association (MBA) said the improvements held across all loan types and all stages of delinquency although there wa..[read more]

Mortgage Rates in a Holding Pattern
Fri, 15 Feb 2019 20:01:00 GMT

Posted To: Mortgage Rate WatchMortgage rates were slightly higher today, marking the 6th day in a row where they've reversed course versus the previous day. This is the sort of behavior we see when underlying financial markets are having a hard time ..[read more]