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Market Comment Mortgage bond prices finished the week near unchanged which held rates relatively steady. There was volatility throughout the week, but it was within a narrow range. We started the week on a negative note Tuesday morning with a slight increase in rates. The Fed continued their multi-billion-dollar daily MBS purchases which helped counter … Continue reading MIG Market Watch, June 7th 2021
June is LGBTQ+ Pride Month and is honored and celebrated by organizations within the community to promote equality and increased visibility around the globe. Whether you are part of the community or an ally, there are several ways you can participate in the movement in your own way. Here are some ideas. Understand the History … Continue reading Over the Rainbow: How To Celebrate LGBTQ+ Pride Month
Market Comment Mortgage bond prices finished the week higher which helped rates improve slightly. We started the week on a positive note with solid gains Monday afternoon into Tuesday morning. Inflation fears reappeared Wednesday afternoon and Thursday morning which erased a lot of the earlier improvements. The data was mixed. The FHFA house price index … Continue reading MIG Market Watch, May 31st 2021
Market Comment Mortgage bond prices finished the week near unchanged which kept rates within a narrow range. We started the week flat, saw some selling pressure mid-week, and the finished with slight positive movements. Inflation fears were flamed in response to the Fed minutes. “A number of participants suggested that if the economy continued to … Continue reading MIG Market Watch, May 24th 2021
Market Comment Mortgage bond prices finished the week sharply lower which put significant upward pressure on rates. We started the week on a negative note and did not receive any reprieve until Thursday and Friday. Inflation fears reignited and rates worsened. The consumer and producer inflation readings were higher than expected. The rest of the … Continue reading MIG Market Watch, May 17th 2021
MORTGAGE INVESTORS GROUP TAKES HOME TOP HONORS FOR MORTGAGE LENDING EXCELLENCE KNOXVILLE, Tenn. – The Knoxville Mortgage Bankers Association honored a record-breaking number of Mortgage Investors Group loan officers for excellence in mortgage lending, company officials announced today. The KMBA recognized the 57 loan officers from a dozen MIG branches across the region on Friday … Continue reading 2020 KMBA Awards
When demand outpaces supply, it becomes more challenging for would-be buyers to get their offer accepted. In a seller’s market, homebuyers need to implement strategic methods if they want to get the home that’s at the top of their list. Following are some tips to make your offer stand out in a competitive market. Keep … Continue reading How to Make Your Offer Stand Out In a Competitive Market
Market Comment Mortgage bond prices finished the week slightly lower which put a little upward pressure on rates. We started the week on a steady note Monday. Unfortunately, sentiment turned sour mid-week as inflation fears dominated headlines. A report that many of the recent Fortune 500 earnings calls expressed inflation concerns led to short-term spikes … Continue reading MIG Market Watch, May 3rd, 2021
MORTGAGE INVESTORS GROUP TO BETTER SERVE HISPANIC HOMEBUYERS WITH LAUNCH OF NEW DIVISION, FOCUSED FACEBOOK PRESENCE KNOXVILLE, TENN. – Mortgage Investors Group has launched a new division to better connect with and provide mortgage lending services to the growing number of Hispanic homebuyers across the Southeast, company officials announced today. “We have launched a new … Continue reading Hipotecasa | A Division of Mortgage Investors Group
Market Comment Mortgage bond prices finished the week near unchanged which held rates steady. We started the week on a negative note with higher rates Monday. The Fed continued their massive billion-dollar daily MBS purchases which countered the selling pressure. Rates rebounded Tuesday and Wednesday only to sell off again Friday morning amid some stronger … Continue reading MIG Market Watch, April 26th, 2021
Market Comment Mortgage bond prices finished the week higher which put downward pressure on rates. Rates were flat Monday morning but improved the mornings of Tuesday, Wednesday, Thursday, and Friday. The massive Fed multi-billion-dollar daily MBS purchases continued which drove the downward movements. The data was mixed. Consumer prices rose 0.6% as expected. The core, … Continue reading MIG Market Watch, April 19th, 2021
Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. Rates improved slightly Tuesday and Wednesday but saw some heavy selling pressure Friday morning. Most of the data was solid. The stronger than expected payrolls component of the employment report erased the earlier improvements. Unemployment was 6% as expected. However, … Continue reading MIG Market Watch, April 5th, 2021
