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KEEP INFORMED WITH NEW BLOGS EVERY FRIDAY ON CHANGES, STATISTICS, RATES, AND MORE
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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.
Mortgage rates are set to increase:
Mortgage rates rose again, for the 3rd week, and the economy is heating up and inflation news is starting to overcome Trump Tweets. With unemployment getting to a critical level, employers are having to increase wages to attrach employees away from competitors. Higher wages will mean either less profit or a raise in costs, thus inflation. We are REALLY going to watch the US unemployment & ADP Payroll numbers this week. Another hot number this week will be the Personal Consumption Expenditature number or PCE, as this is one of the top data points which the Federal Reserve looks at in guaging the US Inflation.
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