Recent Articles
Nov
06
2023
06
2023
Weekly Mortgage Rate Update-11-6-23
PIVOT! One of the best scenes from the TV show Friends was Ross directing the gang to move a couch up a tiny stairwell. Its probably too soon to call for the real pivot on the direction of rates- but we had a MAJOR improvement of about .50% last week, so I couldn’t help using the analogy. RIP...
PIVOT! One of the best scenes from the TV show Friends was Ross directing the gang to move a couch up a tiny stairwell. Its probably too soon to call for the real pivot on the direction of rates- but we had a MAJOR improvement of about .50% last week, so I couldn’t help using the analogy. RIP...
Oct
31
2023
31
2023
Weekly Mortgage Rate Update- 10-31-2023
Rates ended last week slightly better than the start, as geopolitical tensions offset positive economic news. GDP 3rd quarter posted its strongest reading since 4th quarter 2021 at a surprise to the upside of 4.9%. The recession is nowhere in sight based on the recent data...
Rates ended last week slightly better than the start, as geopolitical tensions offset positive economic news. GDP 3rd quarter posted its strongest reading since 4th quarter 2021 at a surprise to the upside of 4.9%. The recession is nowhere in sight based on the recent data...
Oct
24
2023
24
2023
Weekly Mortgage rate update 10-24-23
Rates made another move up last week, but we start this week a little better. The bond market has been aggressively re-pricing with yields(interest rates) rising in recent weeks at a steady pace. The past few trading days though, they seem to have hit a wall, perhaps signaling the...
Rates made another move up last week, but we start this week a little better. The bond market has been aggressively re-pricing with yields(interest rates) rising in recent weeks at a steady pace. The past few trading days though, they seem to have hit a wall, perhaps signaling the...
Oct
10
2023
10
2023
Weekly Mortgage Rate Update-10-10-23
A lot can happen in a week. Rates ended last week higher after several reports were released that all pointed to a still strong job market. The only weak data point was Tuesday, ADP private payrolls showed 89k jobs added expectations were for almost twice as many, so a big miss...
A lot can happen in a week. Rates ended last week higher after several reports were released that all pointed to a still strong job market. The only weak data point was Tuesday, ADP private payrolls showed 89k jobs added expectations were for almost twice as many, so a big miss...
Oct
04
2023
04
2023
Weekly Mortgage Rate Update- 10-3-2023
Good afternoon! I decided to try making a video for the weekly update- let me know what you think and if you prefer this format- Its my first time making a video, so let’s keep that in mind :) https://clipchamp.com/watch/cBdPVtwOLHu Green Day said it best, wake me up...
Good afternoon! I decided to try making a video for the weekly update- let me know what you think and if you prefer this format- Its my first time making a video, so let’s keep that in mind :) https://clipchamp.com/watch/cBdPVtwOLHu Green Day said it best, wake me up...