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  Is your credit score increasing or declining? Check out a few ways you can affect your credit score. Call #mortgagemike with any questions 847-832-1800

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Mortgage Rates Moving Lower

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…

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Daily Mortgage Market Overview

___ 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)…

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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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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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