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, May 20, 2019
Mortgage rates worsened last week, as traders are looking at what China will do in the latest trade war. China is hold $1.1 Trillion in US debt, albeit a fraction of our $22 Trillion in debt, they could start to sell or not buy, which would cause rates to jump, this IS the thing to watch. Also this week we have housing numbers, the Federal Reserve minutes and Durable good. And it is a short trading week along with a holiday weekend. Going to be a rough week for rates.
 
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NMLS380736, 4475
 
 
Posted by 375loan at 5/20/2019 11:40:00 PM
Monday, April 22, 2019

3rd week in a row that mortgage rates have increased. With economic news all pretty good, and some inflation news in the headlines, mortgage rates have been worsening. Still at 1 year lows, but off our lowest level on March 27th.

Posted by 375loan at 4/23/2019 2:18:00 AM
Monday, January 14, 2019


Mortgage rates worsened a little last week, and stock rallied for 5 days. I am thinking rates may worsen this week as well, with a potential China resolution on trade coming and Companies start announcing last quarter earnings. We also have housing data, inflation data, and Retail Sales for December. If all of these are good, Stocks should rally which will drive mortgage rates higher.
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Posted by 375loan at 1/15/2019 3:53:00 AM
Monday, December 17, 2018

With the sell off last week in stocks, it was anticipated at rates would improve nicely, but when it all settled, we have just a slight improvement. This week is HUGE as we have the Federal Reserve on Wednesday and LOTS of data on Friday, right before a major holiday. Will the Fed Raise rates (which would be good for us) on Wednesday, or wait until January? This week is going to be rough.

 

Posted by 375loan at 12/17/2018 9:22:00 PM
Monday, October 8, 2018

Let's put it simple, rates sucked last week. We had wayyy to much inflation news last week, and it saw a major sell off of bonds, thus rate rose over .25 last week. This week, we are anticipating much of the same, economic news is going to be focused on inflation again, there is no reason to think rates are going to go back under 5.00%, we can say Good Buy to the 4's.


 
Posted by 375loan at 10/9/2018 12:51:00 AM
Friday, August 17, 2018

In this Blog:
* Turkey & Mortgage Rates
* Bad Loan Approval Letters
* Recasting a Loan
* Appraisal Waivers

Posted by 375loan at 8/18/2018 12:54:00 AM
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