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Market Comment Mortgage bond prices finished the week slightly higher which put some additional downward pressure on rates. Rates traded within a narrow range to start the week, improved sharply mid-week, and worsened slightly toward the end. The Middle East ceasefire tempered some of the inflation concerns tied to skyrocketing oil prices. The data was … Continue reading Mortgage Watch →
Read MoreIn today’s digital world, it’s tempting to click a few buttons, fill out an online form, and get pre-approved for a mortgage in minutes. Online lenders promise speed and convenience—but when it comes to one of the biggest financial decisions of your life, is faster really better? Let’s break down why working with a local … Continue reading Why a Local Mortgage Loan Officer Beats an Online Lender Every Time →
Read MoreMarket Comment Mortgage bond prices finished the week sharply higher which put much-need downward pressure on rates. Rates improved significantly Monday morning as sentiment shifted. We held those improvements throughout most of the week except for Friday morning. The heavyweight employment report was stronger than expected and some selling pressure emerged. Unemployment was 4.3% vs … Continue reading Mortgage Market in Review →
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