Q1 GROWTH SLOWER THAN EXPECTED ___ Published Date 4/28/2017 Out of the shoot at 8:30AM EST this morning, the advance Q1 GDP expected by most economists up 1.1%, as reported +0.7%. The GDP quarterly price index +2.3%; real consumer spending…
MARKETS DIGEST NEW TAX PLAN ___ Published Date 4/27/2017 The bond and mortgage markets opened slightly weaker this morning, but the bellwether 10-year note still looks firm given the lack of nearby geopolitical concerns and the global increases in equity…
POTENTIAL GOVERNMENT SHUTDOWN HELPING TO KEEP MORTGAGE RATES IN CHECK ___ Published Date 4/27/2017 TODAY'S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing…
THREE THINGS THAT CAN IMPACT MORTGAGE RATES THIS WEEK ___ Published Date 4/24/2017 THIS WEEK'S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing…
FED ON TRACK TO INCREASE RATES DESPITE SOFT PATCH ___ Published Date 4/20/2017 Early trade this morning had MBS prices a little lower, the 10 yr +2 bps at 2.23%. Stock indexes before the 9:30 AM EST open were trading…
INITIAL JOBLESS CLAIMS 244K VS 240K EXPECTED ___ Published Date 4/20/2017 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…
FED PLANS TO REDUCE BALANCE SHEET THIS YEAR ___ Published Date 4/19/2017 Volatility in the bond and mortgage markets is increasing recently. Yesterday the 10 yr note and across the entire yield curve interest rates declined 7 bps, and the…
HOMEBUILDERS OPTIMISTIC THIS SPRING ___ Published Date 4/17/2017 REALTOR REPORT HOME BUILDERS OPTIMISTIC THIS SPRING A survey of confidence among American homebuilders fell in April but remains optimistic headed into the spring. The National Association…
THREE THINGS THAT CAN IMPACT MORTGAGE RATES THIS WEEK ___ Published Date 4/17/2017 THIS WEEK'S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing…
JOBLESS CLAIMS DOWN SLIGHTLY FOR THE WEEK ___ Published Date 4/13/2017 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…
