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Today we discussed the retail sales report and how that has sparked a big drop in mortgage interest rates. The economy is starting to cool and all of the necessary factors for the Fed to consider the first rate cut can’t be ignored. Looking for numbers for your own personal scenario, go to our website, […]
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Why are mortgage rates suddenly improving? Financial Data is starting to show signs of weakness. The unemployment report issued on Friday, May 3, 2024, was worse than expected. Although it is tough on the economy, it is a blessing for mortgage rates. Continued improvement from here is very possible. What additional reports are showing signs […]
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The Federal Reserve left rates unchanged today. The last two inflation reports being worse than expected have created bumps in the road which continues the higher for longer narrative of the Federal Reserve. There were some positive pieces to today’s meeting with the slowing of the sale of treasuries on a monthly basis beginning on […]
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Today we went through two scenarios comparing what rents would be vs. what your mortgage payment would be if you were to buy a home. It’s my goal to give you the numbers so that you can decide if you should be looking at purchasing a home today. Looking for numbers for your own personal […]
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Today’s CPI – Consumer Price Index Report was released and it was higher than expected. For the 2nd month in a row, inflation has increased rather than decreased. What does this mean to you and what can you do to help reduce inflation? Debbie Marcoux AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, IL-031.0058339, NC I-210940, NV-57237, OR, TN-184373, […]
AZ-0941504, CA-DBO237926, Fl-LO76508, GA-69178, ID-MLO 2080237926 IL-031.0058339, NC, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | JMJ Financial Group NMLS ID #167867 | CA SD NMLS ID #825602 | HI NMLS ID # 1014485 | A BRE LICENSE # 01134087 | CA CFL # 603F427 | OR Lic # ML-5060. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, Licensee Number 01134087. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.
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