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Q1 Growth Slower Than Expected

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…

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Markets Digest New Tax Plan

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…

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Daily Mortgage Market Overview

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…

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Daily Mortgage Market Overview

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…

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Weekly Real Estate Market Overview

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…

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Daily Mortgage Market Overview

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…

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