Monthly Archives: May 2017

HOME BUILDER CONFIDENCE JUMPS TO HIGHEST LEVEL SINCE 2005            REALTOR REPORT HOME BUILDER'S SENTIMENT HIGHEST SINCE 2005: The National Association of Home Builders just released their Builder Confidence report: In a further sign that the…

MORTGAGE RATES MOVING LOWER ON RETAIL SALES MISS ___ Published Date 5/12/2017 Two 8:30 AM EST data points this morning. April retail sales, expected up 0.6% was +0.4%, excluding auto sales expected +0.5% was +0.3%. March retail sales originally reported…

___ Published Date 5/9/2017             TODAY'S MORTGAGE RATE SUMMARY JOB OPENINGS UNEXPECTEDLY TICK UP HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage Backed Securities (MBS)…

MARKETS FLAT AFTER FRENCH ELECTION ___ Published Date 5/8/2017 Unchanged in the stock and bond markets early this morning. The French election went as widely expected; Le Pen got beaten badly, so France will not be in danger of leaving…

THREE THINGS THAT CAN IMPACT MORTGAGE RATES THIS WEEK ___ Published Date 5/8/2017             THIS WEEK'S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing…

HOME BUYERS GET SCAMMED OUT OF $200,000 Home buyers, a Minnesota couple, fell prey to an email scam and ended up losing over $200,000. Here’s how it unfolded and how you can protect yourself. They received an email from what…