MBSauthority News - MBS, Economy, and Housing

Why it's harder than ever to land a Hamptons beach house

Home sales in the Hamptons have surged 23 percent in the last year. The median sales price for a Hampton home hit $1.9 million.

TREASURIES-Bond prices fall, yield curve steepens on heavy supply

The Treasury Department sold $28 billion in seven-year notes to fair demand, the final sale of $88 billion in coupon-bearing supply this week. AT&T Corp also came to market with a $22.5 billion. "The market is unduly being sold off on the mega AT&T deal... that is weighing on the long-end of the market" Tom di Galoma, a managing director at Seaport Global Holdings in New...

US Treasurys lower as bond investors digest Fed decision and auction results

U.S. government debt prices fell as investors digested the latest statement made by the Fed.

UPDATE 2-Germany's two-year bond yield hits six-week low on Fed inflation caution

*Euro zone bond yield fall as much as 5 bps. Sentiment lifted by dovish Fed statement. LONDON, July 27- German short-dated government bond yields hit a six-week low on Thursday as investors detected a softening in the Federal Reserve's inflation view that could keep interest rates lower for longer.

Beach homes in the Hamptons hit a new price record

Prices and sales of beach properties in the Hamptons surged in the second quarter.

Home sellers see biggest profits in a decade — not just because of higher prices

Home sellers see high profits

Mortgage industry under fire again ... from younger buyers

Mortgage company customers reported "significant declines" in satisfaction this year after several years of steady improvement, according to a new survey from J.D. Power.

Mortgage industry under fire again ... from younger buyers

A generational shift might be behind lower customer satisfaction for mortgage companies.

TREASURIES-Yields rise before seven-year auction

NEW YORK, July 27- U.S. The Fed is still in play, said Justin Lederer, interest rate strategist at Cantor Fitzgerald in New York. The Treasury Department will sell $28 billion in seven-year notes on Thursday, the final sale of $88 billion in coupon-bearing supply this week.

Market watcher: There's risk to risk aversion

John Manley of Wells Fargo Funds says stock valuations, no matter how high they are, don't matter until the fundamentals say they matter.

Home seller profits soar to highest level in 10 years. Here's how it happened...

CNBC's Diana Olick reports homeowners who sold in the second quarter gained an average of $51,000 since buying their home.

UPDATE 1-German two-year bond yields at six-week low on Fed inflation caution

*Euro zone bond yield fall 3-5 bps. *Sentiment lifted by dovish Fed statement. LONDON, July 27- German short-dated government bond yields hit a six-week low on Thursday as investors detected a softening in the Federal Reserve's inflation view that could keep interest rates lower for longer.

Why equities are performing so well, according to one BAML strategist

James Barty, head of European equity strategy at BofA Merrill Lynch, weighs in on the current second quarter earnings season so far.

German two-year bond yields at six-week low on Fed's inflation caution

LONDON, July 27- Germany's short-dated government bond yields dipped to a six-week low on Thursday as investors suspected a softening in the Federal Reserve's stance on inflation that could encourage the U.S. central bank to keep interest rates lower for longer. Markets are pricing in a 50 percent chance that the Fed will raise rates at its December meeting,...

JGBs track Treasuries higher, 2-year auction attracts demand

TOKYO, July 27- Japanese government bond prices edged up across the board on Thursday as the market received a lift after seeing U.S. Treasuries gain on a slightly dovish Federal Reserve policy meeting statement. The bid-to-cover ratio, a gauge of demand, at Thursday's 2.2 trillion yen two-year sale was at 5.35.

US interest rates should be around 3%: Heller

Former Fed Governor Robert Heller believes the central bank will likely raise rates once this year and thrice next year.

US inflation may be headed higher

The lack of wage inflation is temporary and should pick up in the second half of the year, says John Woods, APAC CIO of Credit Suisse.

US rate hike seen coming around year-end

Chances of a September hike are now off the table following the Fed's latest meeting, according to Kenny Polcari from O'Neil Securities.