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The multigenerational household was a fairly common occurrence until the 1950s, when it gave up ground to the lure of the suburban development and the rise of the nuclear family. Read More

Whether you live in a drought-prone area, want to reduce your utility bills, or wish to simply lower your environmental footprint this summer, there are many small adjustments you and your family can make to reduce your water and energy use. Read More

When you are about to make the largest purchase of your life, you need someone who will not only find you a low rate, but who gets the significance and wants to help you succeed in the most affordable way possible. Read More

There are two major themes in the market today: 1) buy stocks and 2) buy gold and bonds. Read More

Feeds

Q3 was "Rough Patch" for Housing; Q4 Indicators Not Positive

Posted To: MND NewsWire

Housing activity in the third quarter of 2017 is described as "continuing its rough patch" in Fannie Mae's latest edition of Economic Developments . The company's economists say that activity pulled back across the board during the quarter. It was also the third in a row in which housing starts fell, although Friday's report on October residential construction signals a possible resurgence. New home sales were also down, despite an impressive 18.9 percent gain in September, a month in which existing home sales also rose for the first time in four months. The increase was not enough to bring the quarter into positive territory. The economists note that, while "the hurricanes disrupted activity in the South, housing weakness was present before the hurricanes and largely stems from the supply...(read more)

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MBS RECAP: Holiday Mode Engaged as Bonds Seek Center of Range

Posted To: MBS Commentary

With today's modest gains, bond markets did exactly what they need to in order to keep the medium term momentum technicals perfectly flat (that flatness was discussed in the Day Ahead , if you'd like to read more about it). That commentary mentioned bonds being "done for the holidays" in the title because the following week tends to be anyone's guess when it comes go market movement. We've seen Thanksgiving weeks that have been awesome, ugly, and perfectly flat. In almost all cases, the motivation for each of those movements is nowhere to be found. It's a random walk based on which traders are trading and whether or not they are actually trying to accomplish something on a week known for it's light liquidity. As for today, it started out with yields and MBS...(read more)

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