Mortgage rates worsened towards the end of last week, but still showed an overall improvement. Today we are seeing rates worsen and inflation is back in the news. Rates are pretty good, this will will either set a nice floor or make a breakout to higher numbers.

 

Mortgage rates are on a cusp of jumping quite a bit higher, as the 10 year Bond and the Mortgage Bonds are close to making a jump, which would allow rates to jump in to the mid 5%.  We are going to watch Federal Reserve decision on Thusday, not for a rate increase, but for what their policy statement is.  Then on Friday we will have Producer Price Index, or inflation at the producer level, and also this week the US is going to sell of more of our debt, which will influence rates also.  Gonig to be another roller coaster week for rates, with the consensus that rates will increase.

In this Blog:

• Rates Stablize for now
• The end is near?
• The end is near, version 2
• Marketing Idea

In this Blog:
-Mortgage rates worsen, more than last week.
-Mortgage Fraud on the rise
-Appraisal Waivers
-Marketing Idea!

In this Blog:

• Mortgage rates are going up
• Rocket Homes?
• Down Payment Assistance update
• more!!!!

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