FOR THE REAL ESTATE PROFESSIONAL

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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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Tuesday, May 28, 2019

Mortgage Rates posted a very nice improvement last week, all based on Trump, Tweets and Tariffs. Economically, the numbers were good, but traders are fearing China's next move, and thus traders are selling stocks and putting their money into safe havens like Mortgage Bonds. We are carefully floating this week and the 3T will be influencing rates more than anything else.

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NMLS380736, 4475

Posted by 375loan at 5/28/2019 11:23:00 PM
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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