Published 6/10/22 High Inflation Inflation remained the focus for investors this week, and the latest readings came in stronger than expected, at or near the highest levels in decades. The European Central Bank also revealed…
Published 6/10/22 High Inflation Inflation remained the focus for investors this week, and the latest readings came in stronger than expected, at or near the highest levels in decades. The European Central Bank also revealed…
Published Date 6/10/2022 May CPI hotter than expectations. CPI expected +0.7% increased to 1.0%, yr./yr. expected +8.2% increased 8.6%; the core (ex food and energy) expected +0.5% increased 0.6%, core yr./yr. expected +5.9% increased 6.0%.…
Published Date 6/9/2022 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all…
Published Date 6/8/2022 Stock indexes began lower this morning. Rates are waiting until Friday when May CPI is released, moving in narrow ranges this week. Weekly MBA mortgage apps continue to decline; last week down…
Published Date 6/7/2022 You can read articles by experts on remodeling, but sometimes it’s even more useful to hear from someone who has “been-there-done-that” in terms of his or her remodeling experiences/horror stories. Real estate…
Published Date 6/6/2022 Friday stock indexes were under pressure, this morning some improvement in the futures markets; the 10 yr. at 8:30 am ET 2.98% +3 bp, FNMA 4.0 30 yr. coupon opened down 11…
Published Date 6/6/2022 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all…
Published Date 6/3/2022 The world’s climates are changing. Along with it, flood risk methodology must change as well. Redfin’s Julia Weaver explains how, for the past 50 years, the Federal Emergency Management Agency (FEMA) has…
Steady Job Gains It was a relatively quiet week for mortgage markets. The most highly anticipated economic news, the key labor market report, was roughly in line with expectations overall. Mortgage rates ended the week…
Published Date 6/3/2022 May unemployment rate at 3.6% the same as in April but expected at 3.5%. Non-farm jobs increased 390K with estimates at 325K; and April revised to 436K from 428K; private jobs increased…
Published Date 6/2/2022 When buying a home or having one built for you, there are times you’d prefer not to have others not know what you don’t know when hearing real estate and construction “lingo.”…
Published Date 6/2/2022 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all…
