by Jacob Lilley | May 29, 2020 | Blog, Home Buying, Home Selling, Mortgage Rates
Coronavirus made for record-shattering movement in financial markets and economic data. With lockdowns ending, investors are eager to see improvements. Instead, they’re finding plenty of mixed signals. One of the most basic examples would be the relationship... by Jacob Lilley | May 22, 2020 | Blog, Mortgage Rates
There’s no shortage of bad news when it comes to the economy and the housing market. But that’s no surprise considering the circumstances. The sheer size and speed of the economic contraction makes it easy to worry about what the future will look like. ... by Jacob Lilley | May 15, 2020 | Blog, Mortgage Rates
Before coronavirus, the average 30yr fixed mortgage rate was almost always 1.6% to 2.0% higher than 10yr Treasury yields. When bond volatility was extreme (especially when Treasury yields were dropping quickly), that gap could be wider, but it was never even close to... by Jacob Lilley | May 8, 2020 | Blog, Montana Mortgage Loans, Mortgage Rates
Every professional in the housing/mortgage market understands the crushing economic changes for many households as a result of coronavirus. It makes all the sense in the world for those households to pursue the forbearance option (skipping mortgage payments for... by Jacob Lilley | May 1, 2020 | Blog, Mortgage Rates
Investors buy and sell groups of mortgages that are pooled together in mortgage-backed bonds. The price an investor is willing to pay for a mortgage bond is the primary factor in determining mortgage rates. As demand for these bonds increases, rates fall (all other...
