Jobs Week, Home Values, Inflation, Mortgage Rates
Mortgage Rates and the price of Mortgaged-Backed Securities worsened this week and remain at the worst levels we have seen since October 2024. The conflict in Iran, oil prices, and inflation continue to negatively impact rates which are higher from this time last year by about 0.875% Jobs – the Bureau of Labor & Statistics […]
Mortgage Rates, Oil Prices, New Home Sales, Join our Investment Club!
Mortgage Rates and the price of Mortgaged-Backed Securities had another rough weak as we are in the worst position we have seen since October 2023. Rates are up approximately 1% from this time last year. The conflict in Iran and oil inflation continues to be in the driver’s seat. New Home Sales the Census released […]
Home Sales and Home Equity, Retail Sales, and Mortgage Rates
Mortgage Rates and the price of Mortgaged-Backed securities worsened again this week, remaining at the worst levels since December 2025. Rates are up approximately 0.75% from this time last year. Home Sales – NAR released their Pending Home Sales report which showed that Home Sales were relatively flat month over month. Sales are down 4.7% […]
Mortgage Rates, Home Sales, Home Values
Mortgage Rates and the price of Mortgaged Backed Securities worsened significantly this week, reaching the lowest levels since December 2024. Oil prices spiked this week in response to the conflict in Iran which triggered the Fed futures market to price an 85% chance of a 25bps Fed rate hike next week. The bond market took […]
Jobs Report, Mortgage Rates, and Home Price Expectations
Mortgage Rates – moved sideways this week and remain at the worst levels we have seen since July 2025. Rates are up approximately 0.25% from this time last year. Jobs – the Bureau of Labor & Statistics (BLS) released their Jobs Report for August and it came in stronger than expectation (Mortgage bonds did not […]
Mortgage Rates and Applications, Fed Update, Inflation and Home Values
Mortgage Rates and the price of Mortgaged-Backed Securities (MBS) moved sideways this week. The last two months have been unfortunate for Mortgage Rates as they are now up close to 1/4% from this time last year. Rents – Apartment List released their National Rent Report and it showed that rents are down 0.8% year over […]
National Debt, Home Sales and Values, Mortgage Rates
US Debt hits $40T and is currently increasing at $2T per year. Currently our debt service is over $1T annually (in interest), the second largest budgetary item after social security (which we pay into a specific account with payroll tax). In the previous 9 years the debt has doubled, increasing $20T. This will continue to […]
Mortgage Rates, Retail Sales, Home Values
Mortgage Rates The price of mortgage-backed securities (MBS) improved marginally this week. More importantly, we broke above the 25-day moving average, and a close above that level today would mark the first meaningful stretch above the moving average since June. Rates are currently about 1/8% higher than they were at this time last year. Retail […]
BLS Jobs Report, Mortgage Rates and Applications, Labor Costs
Mortgage Rates and the price of Mortgaged-Backed Securities (MBS) improved very slightly this week but remain on a downward slope. Rates are up from last year by approximately 1/8% Jobs – The Bureau of Labor and Statistics (BLS) released their July Jobs Report which showed a loss of 23,000. The BLS further revised lower the […]
Mortgage Rates & Apps, Inflation, Rents, Home Values, and Oil.
Mortgage Rates – the price of Mortgaged-Backed Securities and mortgage rates worsened again this week to the worst levels we have seen since July 2025. Oil inflation continues to plague mortgage rates. Inflation – the Personal Consumption Expenditures Index showed that all-in inflation fell 0.1% during June and fell from 4.1% to 3.7% year over […]