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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…

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Weekly Mortgage Market Report

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…

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Warning to Home Buyers

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…

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Mortgage news update

MORTGAGE RATES FLAT AS MARKETS AWAIT FED STATEMENT ___ Published Date 5/3/2017 A flat start this morning in the bond and mortgage markets after improving yesterday. At 7:00 this morning the weekly MBA mortgage applications; the composite index -0.1%, purchase…

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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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