Published Date 5/9/2022 There was a time when buying a home was first and foremost for the purpose of shelter. The word “investment” was not common among those who wrote a check, stuffed it into…
Published Date 5/9/2022 There was a time when buying a home was first and foremost for the purpose of shelter. The word “investment” was not common among those who wrote a check, stuffed it into…
Published Date 5/9/2022 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 5/9/2022 Early this morning (6 am ET) the 10 yr. note traded at 3.20% up 7 bps from Friday’s 7 bp increase, by 8:30 am at 3.14% +1 bp from Friday, volatility already.…
Published Date 5/6/2022 MortgageTime™ by MBSQuoteline Mortgage Market News for the week ended May 06, 2022 Compliments of Jeff Kutnick President First Rate Lending NMLS: 365033 Phone: 949.215.9400 market@firstratelending.com • www.firstratelending.com 23101 Lake Center…
Published Date 5/6/2022 April employment data at 8:30 am ET this morning: unemployment rate 3.6% as expected, non-farm payrolls expected at 400K increased to 428K, private jobs expected at 390K increased 406K, average hourly earnings were…
Published Date 5/5/2022 Every once in a while, it’s fun to check in on the industry that gives everyone connected to real estate a livelihood — homebuilding. That old movie line, “Build it and they…
Published Date 5/5/2022 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 5/4/2022 ONE REAL ESTATE ECONOMIST EXPLAINS WHY THINGS ARE SO TOUGH ON HOMEBUYERS RIGHT NOW Sometimes you want to hear it from the experts, but most of the time, frustrated would-be buyers might…
Published Date 5/4/2022 Rate markets began the day unchanged from yesterday, as expected with FOMC this afternoon. ADP April private jobs were less than expected at 247K against estimates of 398K, but March was revised higher, from…
