Daily Rate Update: October 28th-November 1st

Daily Rate Update: October 28th-November 1st

Friday – November 1, 2019 And the survey says … 128,000 jobs were created in October, nicely above the 80,000 expected. Adding to the positive tone, were strong upward revisions to both August and September, where another 95,000 jobs in total were added....
Mortgage Rate Volatility

Mortgage Rate Volatility

The housing industry is experiencing mortgage rate volatility. After a string of weeks of lower mortgage rates, this recent week the fixed rate for a 30-year mortgage rose to 3.75%. That is 6 basis points above last week’s 3.68%. These percentages are still...
Daily Rate Update: October 28th-November 1st

Daily Rate Update: October 21st-25th

Friday – October 25, 2019 There will be several hurdles for the US financial markets to jump and for investors to digest next week. The ADP Private Payrolls Report and the government’s Jobs Report, both for October will be delivered. In addition, quarterly...

There Are Not Enough Houses On The Market

A recent report from Zillow reads that housing inventories continue to decline as supply can’t keep up with demand. After a weak recovery in inventories earlier in the year, the situation has gotten worse as for-sale inventory tumbled in September. The numbers...