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Weekly Mortgage Newsletter September 6, 2022

Weekly Mortgage Newsletter September 6, 2022

                                                                Newsletter - 9/6/2022   John Marbury / First Federal Mortgage /NMLS# 740833/ Cell: 205-266-5669/ jmarbury@1stfed.com    Currently Rates are going up.  The 10 year is up 11 bp. For current co

Sep 05, 2022 |

Weekly  Mortgage Newsletter August 29, 2022

Weekly Mortgage Newsletter August 29, 2022

Newsletter - 8/29/2022 Week of August 22, 2022 in Review Fed Chair Jerome Powell gave an important speech at the annual Jackson Hole Economic Symposium, while two July housing reports showed a slowdown in signed contracts for new and existing homes. Here

Aug 28, 2022 |

Home Sales and Mortgage Rate News 8/22/2022

Home Sales and Mortgage Rate News 8/22/2022

Newsletter - 8/22/2022 Week of August 15, 2022 in Review July brought a slowdown in home sales and home construction. Does this mean we’re in a housing recession? Find out the answer and more in these crucial stories: -What the Slowdown in Existing Home

Aug 21, 2022 |

Weekly Newsletter 8/15/2022

Weekly Newsletter 8/15/2022

Newsletter - 8/15/2022 When you see the dog floating this means rates at that moment are improving compared to our latest rate sheet.  If you see a lock on a house, this means at that moment rates are likely to go up compared to our latest rate sheet.  T

Aug 14, 2022 |

Freddie Mac Weekly Rate Survey August 11th, 2022

Freddie Mac Weekly Rate Survey August 11th, 2022

Mortgage Rates Jump Up August 11, 2022 The 30-year fixed-rate went back up to well over five percent this week, a reminder that recent volatility remains persistent. Although rates continue to fluctuate, recent data suggest that the housing market is st

Aug 11, 2022 |

Weekly Newsletter August 8th 2022

Weekly Newsletter August 8th 2022

Newsletter - 8/8/2022 Week of August 1, 2022 in Review July’s Jobs Report was much stronger than expected but what’s really going on? Plus, the Fed’s take on the labor sector and the latest scoop on home price appreciation. Here are the key headlines: -J

Aug 08, 2022 |