Recent Articles
May
25
2018
25
2018
Rates improve this week providing a window of opportunity to buyers
Double, double toil and trouble, fire brew and cauldron bubble. Ok, so I played Witch #2 in our 8th grade production of Macbeth. What do you get when you brew a cauldron filled with the Fed showing signs that they are not in a hurry to raise interest rates, add in a dash of banter between...
Double, double toil and trouble, fire brew and cauldron bubble. Ok, so I played Witch #2 in our 8th grade production of Macbeth. What do you get when you brew a cauldron filled with the Fed showing signs that they are not in a hurry to raise interest rates, add in a dash of banter between...
May
16
2018
16
2018
Mortgage rates sell off again over inflation fears
Mortgage rates have been quiet for the past couple weeks but that ended yesterday as mortgage bonds sold off again over rising inflation concerns. It was not just over one report, but many showing inflation concerns that cause the sell off. These included manufacturing reports...
Mortgage rates have been quiet for the past couple weeks but that ended yesterday as mortgage bonds sold off again over rising inflation concerns. It was not just over one report, but many showing inflation concerns that cause the sell off. These included manufacturing reports...
May
01
2018
01
2018
Will 1st quarter 2018 be the best of the year?
Last week mortgage rates held their ground despite some mid-week volatility; ending the week about where we started. Domestically, economic indicators are in line with expectations but not on fire. GDP came in a little higher than expectations at 2.3%. Monday, PCE showed...
Last week mortgage rates held their ground despite some mid-week volatility; ending the week about where we started. Domestically, economic indicators are in line with expectations but not on fire. GDP came in a little higher than expectations at 2.3%. Monday, PCE showed...
Apr
24
2018
24
2018
Mortgage rate update 4-24-2018
A fundamental shift is happening and mortgage bonds have begun selling off little by little since the 18th causing rates to rise a bit this week. As I mentioned last week, there has been a tug of war going on and the “fear factor” with geopolitical events has been keeping...
A fundamental shift is happening and mortgage bonds have begun selling off little by little since the 18th causing rates to rise a bit this week. As I mentioned last week, there has been a tug of war going on and the “fear factor” with geopolitical events has been keeping...
Apr
17
2018
17
2018
Mortgage update 4-17-2018
Tensions relax somewhat this week after the United States claims “mission accomplished” in Syria and Russia backs down on retaliation. The decision to strike came Friday evening after the markets closed preventing a knee-jerk reaction in the markets. The stock...
Tensions relax somewhat this week after the United States claims “mission accomplished” in Syria and Russia backs down on retaliation. The decision to strike came Friday evening after the markets closed preventing a knee-jerk reaction in the markets. The stock...