Did you stop your home search because of rising mortgage rates? We want to hear from you
If you were looking to buy a home, but stopped your search because of rising mortgage rates, we would like to speak with you.
If you were looking to buy a home, but stopped your search because of rising mortgage rates, we would like to speak with you.
Gains Evaporate After Weaker Auction; Sideways Volatility Expected Ahead of CPI CPI, NFP, CPI, Fed Day, NFP, CPI… Maybe throw in some ISM data or the European Central Bank here and there and you’d have a perfectly condensed script for the story of mortgage rate movement over the past few months (ok, maybe for the past year). This week has been an epilogue to last week’s NFP (jobs report) with some Fed Day addendums and follow-up courtesy of Powell and several other Fed speakers. Treasury auctions added a bit of volatility with yesterday’s 10yr auction helping and today’s 30yr bond auction undoing all of those gains and then some. Yields continue failing to break back into the sub 3.62% trading range and we expect more of this frustrating sideways volatility ahead of the next big flashpoint: Tuesday’s CPI data. It’s hard to imagine anything too consequential happening before then when it comes to things that can be scheduled or predicted. Econ Data / Events Jobless Claims 196k vs 190k f’cast, 183k prev Market Movement Recap 10:36 AM Very flat in Asia followed by modest gains in Europe. Now backtracking on some of the gains. MBS down 3 ticks (0.09) on the day. Treasuries still slightly stronger, but up to 3.609 from previous lows of 3.575. 12:21 PM near the day’s weakest levels with about half an hour to go before the Treasury auction. MBS down an eighth of a point on the day. 10yr yields down 1bp at 3.605. 01:25 PM Noticeably weaker after the 30yr bond auction. 10yr yields up 3bps at 3.647. MBS down 6 ticks (.19).
Houston home sales slowed in January 2023 even as mortgage … Houston Chronicle
Itâs no secret that home prices have been rising across the nation. Fueled by a strong economy and a resurgent housing market, homes have been a hot commodity lately. The […]
The post Blog first appeared on MilitaryVALoan.com.
How valuable is that old set of vintage dishes? Here’s how to find out and what you need to know to make a sale.
Whatâs the deal with the Boise real estate market? Weâve got some observations and want to share them with you! All data pulled from the […] Read More
The post Boise, Idaho Housing Market Update April 2021 appeared first on Homie Blog.
If you recently made that decision or are currently thinking it over, the Times would like to speak with you.
âWhere can you always find money? In the dictionary.â Plenty of lenders and finding the money to buy other companies while smaller ones are looking for the right buyer. Eat or be eaten seems to be the name of the game as lenders hungry for production are courting other lenders. Some just get out of the game entirely. (See lender and investor section below.) Cutting costs and being efficient continue to be of paramount importance regardless of plans for the future. Is the credit process cost effective and efficient? Yesterday I mentioned changes in the credit world and received, âRob, when will companies learn that there are âtoo many snouts in the credit troughâ? Thereâs Fair Isaac, the Bureaus, and the credit resellers. It is not a level playing field, and now, like the old days of having different gfees for different lenders, lenders are slotted into âtiersâ. In the next few years, weâll be moving from a tri-merge environment to a bi-merge environment. Regardless of what comes our way, the overall construct of this portion of our business is shaky.â Editorâs note: âShakyâ is not good in this environment. (Todayâs podcast can be found here and this weekâs is sponsored by SimpleNexus, an nCino company and homeownership platform unites the people, systems, and stages of the mortgage process into one seamless, end-to-end solution that spans engagement, origination, closing, and business intelligence. I go on todayâs podcast to talk with Robbie about the industry ramping up mortgage travels and how mortgage market cycles have historically played out.)
Time To Refinance – For Real This Time For the past few months we’ve been looking into refinancing our mortgage. Our interest rate on our current mortgage is at 6.5%. Since mortgage rates have been hovering around the low to mid 5 percent range since the beginning of the year we knew we wanted to […]
The post Considering Refinancing Or Getting A New Home Loan? Here’s How To Read That Confusing HUD-1 Settlement Statement appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.