Investor Mortgage Report
Stay up to speed with the latest mortgage trends. What are interest rates doing this week? What’s the market predicted to do in the future? Find out here!
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Investor Mortgage Report – Week of September 9, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates are looking good! Mortgage rates moved slightly lower last week after jobs data showed the labor market continues to cool, making a Fed rate cut at this month’s meeting almost guaranteed. Mortgage rates could improve a bit more this week if inflation data shows inflation continuing to move […]
Investor Mortgage Report – Week of August 26th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Still inching forward! Mortgage rates moved slightly lower for the week, although most media sources are still behind the curve and some of the headlines about how low rates are at have been overblown. Rates got a boost on Friday from Fed Chair Powell’s comments that “the time has […]
Investor Mortgage Report – Week of August 19th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates getting better! Last week saw rates improve marginally, but not by much despite data showing the lowest inflation since spring 2021. Rates are not likely to move much this week, but any moves are more likely to happen near the end of the week. Markets have shifted to […]
Investor Mortgage Report – Week of August 12th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates getting better! Unfortunately our forecast for last week was correct, rates moved higher for the week after dropping more than expected when markets overreacted to the previous week’s weak jobs data. The good news was that the moves higher weren’t large and rates are still better than in […]
Investor Mortgage Report – Week of August 5th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates staying flat! Mortgage rates improved to the best levels seen in months last week. On Wednesday we saw improvement after the Fed left its policy rate unchanged, but opened the door to rate cuts starting at the next meeting in September. On Friday labor market data showed a […]