MARKET FOCUS: FED, CORONAVIRUS, AND STIMULUS
THIS WEEK’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 (MBS) which are traded…
RATES CALM, INVESTORS SEE HOPE, AND VACCINES FLY FORWARD
The strong optimism of investors in the current environment, the unknown future of recovery, and getting the economy back to what was normal is incredible. Stock indexes continue to advance,…
MARKET FOCUS: JOBLESS CLAIMS, HOUSING, AND CORONAVIRUS
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 (MBS) which are traded in real…
REFINANCES JUMP, RETAIL SALES DROP, AND MANUFACTURING TAKES A HIT
Yesterday the DJIA rallied -559 points. This morning at 8:00 am ET, the DJIA is down -523. The movement today is in the rate markets, the 10 yr note yield at…
THIS WEEK RATE MARKETS FOCUSING ON CENTRAL BANKS, CORONAVIRUS, AND DOMESTIC DATA
THIS WEEK’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 (MBS) which are traded…
CELEBRATING EASTER WHILE SOCIAL DISTANCING
The “new normal” during the coronavirus pandemic will never feel right when it comes to major holidays like Easter. But there are ways to celebrate this important time without taking…
FED DETAILS $2.3 TRILLION IN PROGRAMS TO SUPPORT THE ECONOMY
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 (MBS) which are traded in…
RATES ARE FINALLY FINDING SOME CALM
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 (MBS) which are traded in…
HOW TO KEEP YOUR HOUSE FREE OF THE CORONAVIRUS WITH HOUSEHOLD CLEANERS
A few things we know about the coronavirus: (1) it can live on surfaces for days (viable on cardboard for 24 hours and on plastic and stainless steel for…
MARKETS FOCUS ON JOBS DATA, OIL, AND SMALL BUSINESS RESCUE
March employment data at 8:30 am ET, was much worse than forecasts, but the forecasts were meaningless since the virus can’t be accurately quantified. The unemployment rate increased to 4.4% from…
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