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Mortgage Market News  June 13th 2022

Mortgage Market News June 13th 2022

Consumer inflation reached a 41-year high in May while annual home price appreciation tied another record high in April. Here are the key headlines: Consumer Inflation Hits Highest Level Since 1981 Majority of Top Economists Do Not Believe We’re in a Hou

Jun 13, 2022 |

Has Inflation Peaked?

Has Inflation Peaked?

Inflation has been on the rise this year, with consumer inflation reaching 40-year highs in recent months. Why is this significant? Besides causing higher prices, inflation is the arch enemy of fixed investments like Mortgage Bonds because it erodes the b

Jun 09, 2022 |

Mortgage Market News June 6, 2022

Mortgage Market News June 6, 2022

      The Unemployment Rate held steady in May while home price appreciation surged above 20% on an annual basis in March. Here are the most crucial headlines: What the Unemployment Rate Really Shows May Private Payrolls Much Lower Than Expected What’s A

Jun 06, 2022 |

Disclosures

Disclosures

Disclosures   After application you will receive an email from disclosures@1stfed.com your disclosures which includes your Loan Estimate.  A Loan Estimate tells you important details about a mortgage loan you have requested. Use this tool to review your L

Jun 01, 2022 |

Mortgage Market News May 31, 2022

Mortgage Market News May 31, 2022

Headlines showed that April brought moderating inflation and slower home sales, but that’s not the whole story. Here’s what you need to know: Inflation Moderates in April, But Don’t Be Fooled Low Inventory Continues to Impede Pending Home Sales Completio

May 31, 2022 |

March Existing Home Inventory (MBSHighway) and Rising Home Prices

March Existing Home Inventory (MBSHighway) and Rising Home Prices

With home prices rising 19.8% on an annual basis in February, the media continues to report that a housing bubble is on the horizon. But there’s an important factor the media hasn’t considered, which is the near-record low level of home inventory currentl

May 26, 2022 |