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Investor Mortgage Report – Week of May 6, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates are a little better! Mortgage rates improved last week because markets grew more optimistic that the Fed was still committed to cutting rates later in the year despite inflation not falling much this year. Rates started improving after the Fed meeting on Wednesday when the Fed kept […]
Investor Mortgage Report – Week of April 29, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates could be volatile! This week brings major labor market data and the Fed meeting and press conference. Although we try to forecast what this will mean for mortgage rates, depending on what is said and how the data comes out this week we could see mortgage rates […]
Investor Mortgage Report – Week of April 22, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates look to be flat this week. Rates are not likely to move much this week, instead markets are waiting for more news from next week’s jobs data and Fed meeting. After a couple of weeks of rates moving higher, seeing rates settle down and remain unchanged for […]
Investor Mortgage Report – Week of April 15, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans They have rates going the wrong way…please make them stop. Rates are likely to creep higher this week as markets adjust to expectations that the Fed may cut rates only twice or even once this year. Strong economic and labor data along with increasing inflation have shelved the […]
Investor Mortgage Report – Week of April 8, 2024
Categories: Uncategorized
Traditional/Conventional DSCR Fix and flip loans Rates are on the move…UP. Rates are more likely to creep higher this week, especially if the inflation data is disappointing, as markets adjust to the idea that the Fed may hold off on any rate cuts until much later in the year. What’s affecting rates this […]