From Mortgage Professional America: As expected, the Federal Reserve held interest rates steady today as they assess where the economy is headed – and the agency intimated that rates might stay low for a good while to come. Most experts…
DATE: Wednesday, February 1st, 2017 TIME: 11:00 AM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: STAGNANT (since last Wednesday) SUGGESTION: LOCK (or be in position to lock if applicable) - Volatility expected, watch closely during the week. VMG'S FIXED RATE PRICING…
Today, Secretary Julián Castro announced the Federal Housing Administration is cutting its annual insurance premium prices on most new mortgages. The new premiums will save the average working family $500 this year! Article from Hud.gov: WASHINGTON – As the nation’s housing market…
DATE: Wednesday, November 23rd, 2016 TIME: 12:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: WORSE (since last Wednesday) SUGGESTION: LOCK/CHECK VOLATILITY THIS WEEK (be in position to lock) - Volatility expected to continue. Closely monitor during the week. VMG'S FIXED…
DATE: Wednesday, November 16th, 2016 TIME: 10:00 AM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: WORSE (since last Wednesday) SUGGESTION: LOCK/CHECK VOLATILITY THIS WEEK (be in position to lock) - Just a week after the election results, rates up app. 0.25-0.5%…
DATE: Wednesday, November 9th, 2016 TIME: 6:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: WORSE (since last Wednesday) SUGGESTION: LOCK/CHECK VOLATILITY THIS WEEK (be in position to lock) - Rates up about 0.25% from last week and highest level we've…
DATE: Wednesday, November 2nd, 2016 TIME: 4:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: SLIGHT WORSENING (since last Wednesday) SUGGESTION: LOCK (or be in position to lock) - Rates trending worse- floating too risky. Contact us for real-time custom pricing…
DATE: Wednesday, October 26th, 2016 TIME: 3:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: STAGNANT (since last Thursday) SUGGESTION: LOCK (or be in position to lock with application in) - Floating is not suggested as market uncertain. Contact us for…
DATE: Wednesday, October 19th, 2016 TIME: 5:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: STAGNANT (since last Thursday) SUGGESTION: LOCK (or be in position to lock with application in) - Floating is not suggested as market uncertain. Contact us for…
DATE: Wednesday, October 12, 2016 TIME: 3:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: SLIGHTLY WORSE (since last Thursday) SUGGESTION: LOCK (or be in position to lock with application in) - Floating is not suggested as market uncertain. Contact us…