What a great way to start the week. Mortgage Rates improved today, with an increase in MBS. After a light data week last week, data returns.
Tuesday, we’ll get a look at Retail Sales. Because consumer spending accounts for two-thirds of the economy, a lower-than-expected figure for Retail Sales...
With Historic rates and considerable amounts of stimulus, now is the best time to refinance or purchase. If you need ONE good reason; rates probably won’t be this LOW ever again, or for a long time as we brace for massive amounts of inflation.
Lock in NOW. Price your loan in REAL Time Mortgage Rates...
The flight to security was nonexistent for Mortgage Backed Securities before the long Holiday Weekend. Mortgage Rates increased today as the FNMA 4% 30 YR MBS gave up .25bp. Overall MBS are only down 3bp week over week (See Mortgage Rate Chart) The equity markets rallied and hitched a ride on Wells...
1. Loan Search – Buyers should seek the advice of an experienced mortgage professional, someone who will help determine which financing options best suit their needs today and in the future.
2. Loan Application – It’s crucial that consumers supply the lender with...
Mortgage Rates remained stable today. Another calm day thanks to the down day in the stock market, the down day can be attributed the beginning of Earnings Season. A negative Earnings season although bad for the overall market and shareholders, could buoyed well for Mortgage Backed Securities and...