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
Customer Retention, Broker Products; Yield Curve and Mortgage Rates
Wed, 21 Aug 2019 12:43:24 GMT

Posted To: Pipeline PressCongratulations to Hawaii which became a state fifty years ago today. We’ve had plenty of economic cycles, small and large, in fifty years, although in general rates have been coming down since 1981. And we’ve had..[read more]

Share of Custom Home Construction Remains Flat
Wed, 21 Aug 2019 12:16:36 GMT

Posted To: MND NewsWireResidential construction has been famously slow for several years and some new analysis of Census data by the National Association of Home Builders (NAHB) shows that the lack of robustness is shared in the custom home sector. I..[read more]

Refinancing Wave Continues; Lenders May Have Capacity Restraints
Wed, 21 Aug 2019 12:11:54 GMT

Posted To: MND NewsWireThe volume of mortgage applications continued to be shored up by refinancing during the week ended August 16, but overall activity was down. The Mortgage Bankers Association (MBA) said its Market Composite Index slipped 0.9 per..[read more]

MBS RECAP: Bonds Reject Bad Break, But What's Next?
Tue, 20 Aug 2019 21:41:44 GMT

Posted To: MBS CommentaryBonds were breathing easy by the time the domestic session got underway. Before that, they kicked off the overnight session in lower yield territory. Modest gains meant a friendly break below the potentially troubling resista..[read more]

Mortgage Rates Fairly Flat Today, But Volatility Could Increase
Tue, 20 Aug 2019 21:13:00 GMT

Posted To: Mortgage Rate WatchMortgage rates held steady today, for the most part. If there was a leaning, it was toward slightly lower rates, but not by a wide enough margin to be significant. At first glance, holding steady at the lowest levels in ..[read more]

New Fair Housing Rule Eases Defense of Disparate Impact Claims
Tue, 20 Aug 2019 18:30:59 GMT

Posted To: MND NewsWireMonday's edition of the Federal Register featured a proposed rule that, depending on your viewpoint, would amend the Department of Housing and Urban Development's (HUD's) interpretation of the Fair Housing Act's disparate impac..[read more]

MBS Day Ahead: Apparently, It's Not Over Yet
Tue, 20 Aug 2019 12:59:16 GMT

Posted To: MBS CommentaryIn the day just passed, we considered a rather melodramatic question ("is it over?"), which refers to the general strength in the bond market seen in August and our ability to maintain (or improve upon) the lowest rates in 3 ..[read more]

DPA Products; Webinars This Week; Credit News; Better.com is Worth What?
Tue, 20 Aug 2019 12:45:37 GMT

Posted To: Pipeline PressWhy is a 43% DTI, a line many view as “drawn in the sand,” so critical to the ability of a borrower to repay a loan? What about reserves or utility bill payment? If the borrower is already paying $2,000 a month in..[read more]

MBS RECAP: Bonds Face Some Pressure as Correction Extends
Mon, 19 Aug 2019 21:59:35 GMT

Posted To: MBS CommentaryThere haven't been many market moving headlines over the past 2 days with the exception of Germany removing the veil of secrecy from its fiscal stimulus discussions. That hit bonds on Friday and again in the overnight ses..[read more]

Mortgage Rates Hold Relatively Steady Despite Bond Market Weakness
Mon, 19 Aug 2019 20:52:00 GMT

Posted To: Mortgage Rate WatchMortgage rates mostly held steady today , despite a move higher in broader interest rate indicators like the 10yr Treasury yield. Treasuries and mortgage rates typically track each other quite well, but that relationship..[read more]

Fannie Mae Predicts Two Additional 2019 Rate Cuts, Here's Why
Mon, 19 Aug 2019 16:09:44 GMT

Posted To: MND NewsWireFannie Mae used a fair number of trade-offs in while coming up with its revised outlook for the real gross domestic product (GDP) this year. The company's economists, headed by Chief Economist Doug Duncan, upgraded its full yea..[read more]

MBS Day Ahead: Is It Over?
Mon, 19 Aug 2019 13:24:11 GMT

Posted To: MBS CommentaryIn the week just passed, bonds rallied to new long-term low yields before bouncing on Friday. Hong Kong protests over the weekend kicked things off on a strong note and weak global economic data on Wednesday sparked the next ..[read more]

Trailing Doc and U/W Products; Vendor Trends and News, Capital Markets
Mon, 19 Aug 2019 13:10:27 GMT

Posted To: Pipeline PressBuilders can’t complain too much about material prices anymore. Building materials prices rose only 0.7% in July, and are down overall year-over-year. Despite tariffs, softwood lumber prices are down 20% over the past y..[read more]

Builder Confidence is Good, But it Could be Better
Fri, 16 Aug 2019 23:17:25 GMT

Posted To: MND NewsWireThe National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) moved one point higher this month. However, at 66, NAHB's measure of builder confidence in the new home market stayed within the 64 to 66 r..[read more]

New Home Sales Expected to Reflect Interest Rate Trend
Fri, 16 Aug 2019 23:15:22 GMT

Posted To: MND NewsWireNew home purchases are expected to be significantly higher in July according to data released by the Mortgage Bankers Association (MBA). Its monthly Builder Application Survey (BAS), indicates that applications for new home pur..[read more]

MBS RECAP: Relative Stability + Moderate Losses = MBS Fighting Back
Fri, 16 Aug 2019 20:54:58 GMT

Posted To: MBS CommentaryPerhaps more than any other day in the past few weeks, today stood as an example of the mortgage market's ability to put up a fight when the time is right. As we've discussed frequently, they've been getting pumme..[read more]

Mortgage Rate Weirdness May Be Working in Your Favor Today
Fri, 16 Aug 2019 19:22:00 GMT

Posted To: Mortgage Rate WatchThings have been weird enough for mortgage rates recently that we were forced to add a " Temporary Note on Mortgage Rate Inconsistency " to our daily coverage recently. It will likely return before too long, but with a f..[read more]

MBS Day Ahead: How Low Can We Go? And Why Mortgage Rates Can't...
Fri, 16 Aug 2019 15:28:46 GMT

Posted To: MBS Commentary10yr yields rallied aggressively yesterday, and for no reason more compelling than a proverbial "snowball rally compounded by technicals and algorithmic trading." Ugh! I hate typing that stuff. It's annoying to be forced ..[read more]

DPA, Non-QM Products; Deficits, Debt, The Yield Curve, and Mortgage Rates
Fri, 16 Aug 2019 12:27:47 GMT

Posted To: Pipeline PressSome international rates have gone through 0 percent and are now negative. The low rates and high volumes have caused lenders to focus less on long-term planning and more on closing loans. Who can blame them? How would U.S. m..[read more]

MBS RECAP: Mortgage Market Starting to Play Like it Wants to Stay In The Game (Finally)
Thu, 15 Aug 2019 21:35:20 GMT

Posted To: MBS CommentaryBonds digested the week's busiest day of economic data, by far, today. But markets in general are only interested in data that changes the economic narrative. Today's only real candidate in that regard would have been..[read more]

Mortgage Rates Fall Back Down to 3-Year Lows
Thu, 15 Aug 2019 21:18:00 GMT

Posted To: Mortgage Rate WatchMortgage rates fell today as the underlying market for mortgage-backed-securities (MBS) actually did a better job of keeping pace with broader bond market gains--not something they've been doing very well lately! For som..[read more]

Digital, Reno Products; Originator Survey; FHA Condo Update
Thu, 15 Aug 2019 12:51:13 GMT

Posted To: Pipeline PressPlenty of economists watch builder activity and mood swings as early indicators of future economic health. Builder confidence in the single-family 55+ housing market continued in positive territory in the second quarter of 20..[read more]

MBS Day Ahead: Active Day For Data
Thu, 15 Aug 2019 12:37:17 GMT

Posted To: MBS CommentaryIn the day just passed, bond markets primarily reacted to overseas economic data with many of the reports in Europe coming in flat to weaker. Combined with the weakest Chinese manufacturing data in years, it was enough to pus..[read more]

New FHA Rule Will Ease Condo Approval Process
Thu, 15 Aug 2019 12:10:11 GMT

Posted To: MND NewsWireThe long-waited Federal Housing Administration (FHA) rule regulating condominium lending was finalized Wednesday afternoon. The Department of Housing and Urban Development (HUD), the parent agency of FHA, published the final re..[read more]

MBS RECAP: Have You Heard The One About Mortgage Underperformance?!
Wed, 14 Aug 2019 23:00:55 GMT

Posted To: MBS CommentaryLiving under a rock has a lot of advantages: generally low housing cost, durability, no roof maintenance, and if you're strong enough, you have something to throw at anyone who approaches your castle in a threatening way...[read more]