by Jacob Lilley | Feb 18, 2022 | Blog, Mortgage Rates
With things still up in the air in terms of geopolitical risk, markets are seeking safer havens. Most recently, this is affecting stocks a bit more than bonds. This correlated movement is in line with conventional wisdom (i.e. buy bonds, sell stocks, or vice versa). ... by Jacob Lilley | Feb 11, 2022 | Blog
Taking out a mortgage can feel like a big leap, especially if it is your first time buying property in Montana. Your hard-earned money is at stake, so you want to make the best choices for your finances and future. That’s where we come in. At GoPrime Mortgage Lending,... by Jacob Lilley | Feb 11, 2022 | Blog, Mortgage Rates
There were 3 distinct parts to this week. The first part consisted of the entirety of the first 3 days. Rates didn’t move much as the market continued to digest the big spike seen at the end of last week. In part 2, things got crazy–relatively. The... by Jacob Lilley | Feb 4, 2022 | Blog, Mortgage Rates
Rates have been trending higher in fits and starts since August 2020, but the mortgage market was insulated from much of the pain due to its disconnect from Treasuries in 2020 (they typically correlate very well). In fact, mortgage rates were falling throughout the... by Jacob Lilley | Jan 28, 2022 | Blog, Mortgage Rates
January has been a month marked by the market’s adjustment to a shift in the Fed policy outlook. This began right at the outset and resulted in higher rates and lower stock prices. Why? Last week’s newsletter goes into great detail on the matter. ...