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 October 7, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates went the wrong way! Mortgage rates made a significant move higher last week after jobs data came in much stronger than expected, showing a resilient labor market with lots of new jobs created and a drop in unemployment. The strong labor data makes Fed rate cuts less necessary, […]
Investor Mortgage Report – Week of September 30, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans A week of slight ups and downs! Although headlines may still be sharing a bit of delayed results, mortgage rates did indeed move slightly higher since the Fed meeting and rate cut on the 18th. Although that may be a bit confusing, it is because mortgage rates are based […]
Investor Mortgage Report – Week of September 23, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Priced in and small movement! Although many consumers mistakenly thought that a half-point rate cut by the Fed to its policy rate meant that mortgage rates would fall, they didn’t. In fact we saw some volatility through the week as rates got slightly worse before improving to end the […]
Investor Mortgage Report – Week of September 16, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Waiting on the Fed! Mortgage rates continued to move lower last week, but once again it was in small steps rather than seeing big rate drops. Rates were helped last week as reports came out showing inflation rose at the slowest pace since early 2021, as well as markets […]
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 […]