Purchase Applications Improve; Refi Slump Slows

Posted To: MND NewsWire

Purchase mortgage applications gained ground last week for the first time since mid-January. The Mortgage Bankers Association (MBA) said the volume of applications for home purchases increased by 6.0 percent on a seasonally adjusted basis during the week ended February 23. The last time the index moved higher was during the week ended January 19. Overall applications volume, as measured by MBA's Market Composite Index, was up 2.7 percent on a seasonally adjusted basis compared to the previous week. The President's Day holiday, which shortened the week, also confounded unadjusted numbers. The unadjusted versions of the Composite and Purchase Indices were each down by 6.0 percent. The unadjusted Purchase Index was 3 percent higher than during the same week in 2017. Refinancing volume continues...(read more)

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Purchase Applications Improve; Refi Slump Slows

Posted To: MND NewsWire

Purchase mortgage applications gained ground last week for the first time since mid-January. The Mortgage Bankers Association (MBA) said the volume of applications for home purchases increased by 6.0 percent on a seasonally adjusted basis during the week ended February 23. The last time the index moved higher was during the week ended January 19. Overall applications volume, as measured by MBA's Market Composite Index, was up 2.7 percent on a seasonally adjusted basis compared to the previous week. The President's Day holiday, which shortened the week, also confounded unadjusted numbers. The unadjusted versions of the Composite and Purchase Indices were each down by 6.0 percent. The unadjusted Purchase Index was 3 percent higher than during the same week in 2017. Refinancing volume continues...(read more)

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Before and After: A Cozy NYC Co-op's Stunning Renovation

"Doing a gut renovation on my own—no husband, no boyfriend, just me—wasn't easy," admits Sarah Jacobson, of the renovation of her 750-square-foot NYC home. "It was literal blood, sweat and tears (so many tears!). It was many a moment of fear, of thinking I wasn't good enough, of thinking I didn't know what I was doing, of thinking I'd bitten off more than I could chew. But guess what? I did it anyway. And now, I don't just have a home, I have all the chutzpah a girl could ever dream of."

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Our 10 Favorite Kitchen Towel Hooks for $20 or Less — Kitchn

From Kitchn → Our 10 Favorite Kitchen Towel Hooks for $20 or Less

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JetBlue's Having a 2-Day Sale With Flights Starting at $44

February is almost in the rear view mirror, but with Phil's prediction earlier this month of six more weeks of winter, it might be time to pack your bags for warmer climes. Luckily, JetBlue has a two day sale going on, so you can fly off to greener pastures and sandy beaches.

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MBS RECAP: Trouble in Paradise or Overreaction to Fed-Speak?

Posted To: MBS Commentary

Way back in 2014, Yellen gave her inaugural semi-annual congressional testimony on March 19th. When asked what the Fed meant by "considerable time" when referring to how long it would be before they hiked rates, Yellen did something fairly un-Bernanke-like and actually threw out a number. She was pretty timid about it, but it was out there, nonetheless (it was '6 months,' by the way). Bonds sold-off sharply after that comment. Today it was Powell's turn for an inaugural congressional dog and pony show--which consists mostly of political grandstanding with members of congress invoking all things holy in order to compel the Fed Chair to promise to change things that have nothing to do with the Fed. There's really very little of substance exchanged when it comes to monetary...(read more)

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9 Products to Maximize Every Last Inch of Your Cabinet Space

When your cabinet storage just isn't cutting it, call on these savvy space-saving products to find square inches you didn't even know existed. Shelves that stack, bins that mount to the back of the door, and baskets that hang under the shelf let you tuck your dishware, makeup, and cleaning supplies into every little nook and cranny.

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