FOR THE REAL ESTATE PROFESSIONAL

KEEP INFORMED WITH NEW BLOGS EVERY FRIDAY ON CHANGES, STATISTICS, RATES, AND MORE

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For the Real Estate Professional

This site is dedicated to informing the Real Estate Professional. I Blog each Friday, to keep you informed of upcoming changes, statistics, rates and lending news.  There is also links to program brochures on the right, as well as charts and news to keep informed.

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Monday, November 12, 2018

Mortgage rates ended higher last week by 0.02, not much, could of been worse, as the Federal Reserve indicated that they will continue to raise rates, which indicates they see inflation on the horizon.  And inflation is BAD for mortgage rate!

 

If you didn't watch my blog from last week, the link is here, I go over rates a little more:  https://goo.gl/SeY3vC

 

Posted by 375loan at 11/12/2018 11:28:00 PM
Monday, June 18, 2018

Rates traded in a very narrow channel last week, with them overall improving just slightly. This was mainly due to Trump and Trade. This week it will again be about Trade and Trump's Tweets. Economic reports this week mainly focus on Housing with Starts, Permits and Existing Home Sales.

Posted by 375loan at 6/18/2018 10:54:00 PM
Monday, June 4, 2018

With Spain and Italy cooling off, and the threat of higher tariffs, inflation is back in the news. Traders are looking towards more economic reports this week to guage inflation again. We are seeing rates trend back up, but this could all change with 1 tweet.

Posted by 375loan at 6/5/2018 12:13:00 AM
Tuesday, May 29, 2018

WOW, mortgage rates improved over the last few days, fueled by the major drop in Oil, and our old friend Italy is back in the news with a collapsing economy, which has the potential of taking down the EU. And then Trade Wars are back, with the US threatening 25% tariffs on electronics made in China. And lets not forget Israel & Iran trading shots. All of these items and pushing traders into bonds, which will drive down mortgage rates.

Posted by 375loan at 5/29/2018 10:13:00 PM
Monday, April 23, 2018

And rates continue to worsen, this will make 2nd week in a row rates have increased, and right now there is no sign of stopping. Lots of inflation news and the 10 year Bond it almost over the 3% mark, which is all trending towards another step towards 5%. REALLY watch Monday's PCE or Personal Consumption Expenditures data, this is a major inflation number and one the Fed will really look at.
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Posted by 375loan at 4/23/2018 9:50:00 PM
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