Newsletter - 2/6/2023 2/06/23 7:58 am Mortgage Bonds are getting worse today and the 10 year treasury after hitting a low on Thursday of 3.336% is now yielding 3.629%. This is an increase of 0.29%. Week of January 30, 2023 in Review The Fed hiked its b
Feb 06, 2023 |
Jobs Report link first Friday of the month (Yahoo Finance) Non-farm payrolls: +517,000 vs. +188,000 expected Unemployment rate: 3.4% vs. 3.6% expected Average hourly earnings, month-over-month: +0.3% vs +0.3% expected Average hourly earnings, year
Feb 03, 2023 |
Mortgage Rates Continue to Shift Down February 2, 2023 Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over seven percent. According to Freddie Mac research, this one percentage
Feb 02, 2023 |
Update to this blog page 2/02/23 No fewer than a dozen times did the Fed Chairman Jerome Powell say the word "disinflation" at his latest press conference. This may be a good sign for rates and the economy. For more information: Yahoo Finance Disinflat
Feb 01, 2023 |
Newsletter - 1/30/2023 Week of January 23, 2023 in Review Housing activity moved higher in December, inflation continues to cool, and more recession signals are flashing: -Inflation Turning the Corner -Pending Home Sales Rise for First Time in Six Months
Jan 30, 2023 |
According to mortgage Daily News Interest rates over the last 3 month have gone from 7.37% to 6.18% a drop of 1.9%. Last year the rate was 3.74%.
Jan 27, 2023 |