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 July 29th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates staying flat! Mortgage rates ended the week just slightly better after the Fed’s favored gauge of inflation, the personal consumption expenditure price index, came out showing inflation continues to move lower, opening the door for rate cuts. This week is expected to be good for mortgage rates, with […]
Investor Mortgage Report – Week of July 22nd, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates staying flat! Mortgage rates actually improved to start the week, before moving slightly higher on Friday. The moves may have been because of the huge Microsoft outage which affected trading, or could have just been due to a slight pullback in expectations for three Fed policy rate cuts […]
Investor Mortgage Report – Week of July 15th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates moved lower! Mortgage rates improved as inflation data last week came in even better than expected, showing dropping inflation and supporting the belief that the Fed will cut policy rates up to three times this year starting at September’s Fed meeting. Rates are now at some of […]
Investor Mortgage Report – Week of July 8th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Flat to slightly lower! Rates were as volatile last week as expected, moving higher early in the week before falling after the Independence Day holiday. Despite more new jobs created than expected for last month, most of the week’s jobs data pointed to a softening labor market, supporting […]
Investor Mortgage Report – Week of June 24th, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates show a little improvement! Rates were basically unchanged last week, not only for the week but with very little movement day-to-day. Overall it was a very quiet week for rates. Mortgage rates shouldn’t move much this week, but could improve a little bit if this week’s inflation […]