Mortgage Resources

As interest rates moved in an ever-narrower pattern in the 2nd half of 2019, we looked to early 2020 to break that cycle, for better or worse. So far, 2020 has delivered on the promise of increased volatility, but not for the reasons anyone expected. There was a far...

By Friday of last week, it was clear that the coronavirus outbreak was having a significant impact on markets with stocks and bond yields (aka interest rates) both moving lower. Those same themes intensified this week, ultimately paving the way for the lowest mortgage...

Although there were a few caveats, last week saw one of the biggest jumps in new home construction in more than decade.  Now this week's data shows existing home sales at their highest in nearly 2 years, and close to highest in more than a decade. Is housing starting...

The last housing boom didn't end so well for many Americans. That "B" word is being thrown around again at the start of 2020, but things are very different this time around. Why are people saying housing is booming? Due to a combination of rising rates and economic...

Things are looking up for the housing market at the start of the new year.  Granted, some of the following data pertains to the last few months of 2019, but it nonetheless speaks to a friendly shift that is arguably already well underway.  Fannie Mae's Home Purchase...

Everything's relative when it comes to mortgage rates. For every homeowner that's been concerned about a short-term increase in rates, there's another who's glad to remind them how high rates used to be. At the moment, with top tier 30yr fixed offerings hanging out...

It's effectively impossible to read, watch, or listen to the news this week without the impeachment taking center stage.  While this sort of thing may be interesting to network news producers, it's of almost no consequence to financial markets--let alone the housing...

Last week, we talked about the many reasons that the importance of the US/China trade relationship could not be overstated. This week's market movement showed why.  With new tariffs set to take effect on Sunday, Dec 15th, we knew big news became more and more likely...

Certain years gain notoriety in financial markets for various reasons. Sometimes these are massive, individual reasons like 2013, the year of the taper tantrum. Sometimes there are separate themes that pull the market in opposite directions like 2016's Brexit /Trump...