Investors continued to become less concerned about bank troubles and the debt ceiling talks this week. After responding to the initial increase in uncertainty in these areas by shifting to safer assets such as bonds, the opposite took place this week, which was negative for mortgage rates. In addition, the latest inflation data was higher than expected. As a result, …

Investors became less concerned about bank troubles and the debt ceiling talks this week. After responding to the initial increase in uncertainty in these areas by shifting to safer assets such as bonds, the easing this week produced the opposite reaction, which was negative for mortgage rates. The economic data contained no significant surprises and had little impact. As a …

Investors were focused on the inflation data this week. The results were right in line with expectations, and mortgage rates ended with little change.  In April, the Consumer Price Index (CPI), one of the most widely followed inflation indicators, was 4.9% higher than a year ago, down from 5.0% last month. This was the smallest annual rate of increase since …

With a wide range of major economic news, it was a volatile week for mortgage markets. The net impact of the significant economic data and the Fed meeting was relatively small, however, and mortgage rates ended with surprisingly little change.  With troubles in the banking sector rising to the surface again, the Fed essentially stuck to the expected script on …

With a lack of major economic news, it was a relatively quiet week. The most significant economic reports came from the housing sector and were close to the expected levels with minor impact. As a result, mortgage rates ended the week with little change.  In March, sales of existing homes fell 2% from February and were 22% lower than last …

This week, the inflation data matched expectations while the consumer spending data fell short. Neither report had much lasting impact, though, and mortgage rates ended the week slightly higher.  The latest key inflation data came in very close to expectations. The Core Consumer Price Index (CPI) is a closely watched inflation indicator that excludes the volatile food and energy components. …

After several weeks of extreme volatility in mortgage markets due to concerns about the banking sector, perhaps the most noticeable change this week was the relative calm. While investors remained alert for troubles spreading to additional banks, tensions have eased, and the daily swings in mortgage rates have returned to more normal levels. Just as the increased uncertainty earlier in …

As a mortgage company, it’s essential to provide our clients with a wide range of loan options that cater to their specific needs. One type of loan that is often overlooked but can be incredibly beneficial is a USDA loan. In this blog post, we’ll discuss what USDA loans are, their benefits, and why they’re a smart choice for homebuyers. …

Investing in rental property can be a wonderful way to generate passive income and build wealth over time. However, managing a rental property can be a challenging task, especially for new landlords. In this blog post, we’ll share some essential tips to help you manage your rental property effectively. In Conclusion, managing a rental property can be challenging, but with …

Investing in real estate can be a smart financial move. Not only can it generate passive income, but it can also provide long-term wealth through appreciation. But with so many options available, choosing the right investment property, can be overwhelming. In this blog post, we’ll guide you through the process of selecting an investment property that can help you achieve …