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Commentary 27 April 2018

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES - 4/27/18

The US 10-year T-note made it just above 3.00% before pulling back, and mortgages stopped rising short of 5.00%, today about 4.75%. However, today is odd. 1st quarter GDP data was released this morning, growing…

Straight Stats 27 April 2018

Mortgage Rates Flat Despite Positive Economic Data

Mortgage interest rates flat despite stronger than expected economic data.  Economic data stronger than expected included March Existing Home Sales, the February FHFA House Price Index, the February Case-Shiller Home Price Index, March New Home…

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES - 4-20-18
Commentary 20 April 2018

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES - 4-20-18

In any normal year in the last half-century, this would be the week in which markets and media became pre-occupied with the Fed -- especially housing market participants, and even politicians. This is the week…

Straight Stats 20 April 2018

Mortgage Rates Increase on Inflation Expectations

Mortgage interest rates increased this past week on increased inflation expectations.  Commodity prices have moved higher as the economic outlook has improved.  Economic data was mixed.  Economic data stronger than expected included March Retail Sales,…

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