The Oldest and Most Trusted Real Estate News Magazine

Mortgage Brokers

Welcome to the special Real Estate Industry Bulletin for Mortgage Brokers.

Mortgage Rates Fall below 4%, Lowest since November 2016

By
Mortgage Rates Fall below 4%, Lowest since November 2016

From Matthew Graham at Mortgage News Daily: Trump Administration Drama Pushing Rates Even Lower Mortgage rates fell yesterday in response to a tweet about Trump disbanding his councils of CEOs.  Twitter was in play again today.  This time around it was Gary Cohn, Trump’s economic advisor.  Rather, it was rumors of Cohn’s departure that sent financial...
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

4 Real Estate Investment Strategies For New Investors

4 Real Estate Investment Strategies For New Investors

What are the best ways for beginner investors to get started in real estate? There is more than one way to invest in real estate. What you choose may depend on your immediate needs, long term goals, your aptitudes, and resources. The following info-graphic by Offer Climb Houston and Offer Climb Phoenix breaks down...
Read more »

Tags: ,
Posted in Mortgage Brokers, Realtors, REOs and Foreclosures | No Comments »

Wednesday: Housing Starts, FOMC Minutes

By
Wednesday: Housing Starts, FOMC Minutes

Two notes from Tim Duy at Fed Watch. First a few excerpts from: Retail Sales, Dudley, Wages 5.) But – and I think this is important – financial conditions continue to easy despite rate hikes: Now the reason why I think you’d want to continue to gradually remove monetary policy...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Sunday Night Futures

By
Sunday Night Futures

Weekend:• Schedule for Week of Aug 13, 2017 • The Housing Bottom and Comparing Housing Recoveries Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 futures are up 7, and DOW futures are up 65 (fair value). Oil prices were down over the last week with WTI futures...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

Q3 GDP Forecasts

By
Q3 GDP Forecasts

From the Altanta Fed: GDPNow The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 3.5 percent on August 9, down from 3.7 percent on August 4. From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 2.0% for 2017:Q3. The...
Read more »

Tags:
Posted in Mortgage Brokers | No Comments »

Thursday: Unemployment Claims, PPI

By
Thursday: Unemployment Claims, PPI

From Matthew Graham at Mortgage News Daily: New 2017 Lows for Rates, But There’s a Catch Mortgage rates fell to new lows for the year today, following the North Korea nuclear threat headlines.  In truth, the preceding sentence gives too much credit to geopolitical risk.  Rates were already drifting very close to the lowest levels since...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

The Top 3 Residential Real Estate Trends of 2017

The Top 3 Residential Real Estate Trends of 2017

Due to seasonal changes in demand, the housing market is difficult to pin down. And with today’s ever-changing political and economic climate, it’s even more exhausting trying to get a clear picture of what’s to come. That being said, so far in 2017 one thing has been very clear: supply is low, demand is...
Read more »

Tags: , ,
Posted in Mortgage Brokers, Realtors, REOs and Foreclosures | No Comments »

Schedule for Week of Aug 6, 2017

By
Schedule for Week of Aug 6, 2017

The key economic report this week is the Consumer Price Index (CPI). —– Monday, Aug 7th —–10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI). 3:00 PM: Consumer credit from the Federal Reserve.  The consensus is for a .0 billion increase in credit. —– Tuesday, Aug 8th —–6:00 AM...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

Goldman: July Payrolls Preview

By
Goldman: July Payrolls Preview

A few brief excerpts from a note by Goldman Sachs economist Spencer Hill: We estimate nonfarm payrolls increased by 190k in July … Our forecast reflects generally favorable labor market fundamentals and a potential boost from evolving seasonality, as July job growth has been strong in recent years in both the establishment and household...
Read more »

Tags: , , ,
Posted in Mortgage Brokers | No Comments »

U.S. Light Vehicle Sales at 16.76 million annual rate in July

By
U.S. Light Vehicle Sales at 16.76 million annual rate in July

Based on an estimate from WardsAuto, light vehicle sales were at a 16.76 million SAAR in July. That is down 6% from July 2016, and up 1% from last month. Click on graph for larger image. This graph shows the historical light vehicle sales from the BEA (blue) and an estimate for July (red, light...
Read more »

Tags: , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Sitemap Madbadcat Graphics