December 28, 2023 – Rate Commentary

  • December 29, 2023
  • no comment
  • realestate

Rate sheets today should be about the same as yesterday, and reprice risk is low. Things are generally quiet between Christmas and New Years, and I don’t expect this time around to be any different as traders take the rest of the year off. Other than some housing data there isn’t much in the way

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Moving and Starting a Business at the Same Time? Not So Crazy With These Tips!

  • November 30, 2023
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  • realestate

Moving to a new home while starting a business is an exciting process, yet it can be extremely stressful at the same time. You have the opportunity to create something new, but you also have to make sure that everything goes smoothly during the transition. Here, Your Real Estate Life has compiled a list of

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UMCA – Today’s Mortgage Rates – 800-230-0168

  • March 28, 2024
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  • realestate

800.230.0168 Company 805.530.1199 Direct Line to CEO NMLS #3189 | CA: Dept. of Real Estate #01870497 | CO: Regulated by the Division of Real Estate. | MT:  Broker No #3189 | TX: 4663 Farringdon Ln. | WA: Consumer Loan Company License CL-3189 We have many options available including loan amounts up to and now over 75,000,000.

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Your Real Estate Life – Radio Program Saturday at 9:00 am PDT and Sunday at 7:00 am PDT

  • March 28, 2024
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  • realestate

March 30th & March 31st Weekend Does Your Lender Love You?  You Do Not Need That Kind of Love in YOUR Life.  Join Host Mike Harris and make your appointment to join in this weekend as we Save Our Money together for loans in CA, CO, MT, TX, WA, and DSCR in an additional 46

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June 30, 2023 – Economic News

  • June 30, 2023
  • no comment
  • realestate

MBS OVERVIEW Our benchmark FNMA MBS 6.00 July Coupon is currently up +21 BPS. Inflation Nation: The Fed’s key measure of inflation, Core PCE (Ex food and energy) increased in May by 0.3% on a MOM basis on top of April’s increase of 0.4%. The consensus estimates were from 0.4%. YOY, Core PCE was up

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Mortgage Pricing Adjustments in the News

  • May 7, 2023
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  • realestate

The Federal Housing Finance Agency (FHFA) has updated Loan Level Price Adjustments (LLPAs), which are risk assessment fees implemented in the underwriting process before loans are packaged and delivered to Fannie Mae and Freddie Mac. These government Enterprises guarantee most mortgages in the United States, and the changes (announced in January) went into effect May

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FHA MIP Premium CUT!

  • March 10, 2023
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  • realestate

The Department of Housing and Urban Development cut the Federal Housing Administration’s mortgage insurance premium by 30 basis points, a move that many stakeholders think is long overdue. The cut drops premiums from 85 basis points to 55 basis points — reverting premiums to a level not seen since before the 2008 housing crisis. This

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US job growth unexpectedly surges in January as economy adds 517,000 new positions

  • February 3, 2023
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  • realestate

U.S. hiring roared back to life in January as the labor market remained surprisingly resilient in the face of higher interest rates, scorching-hot inflation and mounting recession fears. Employers added 517,000 jobs in January, the Labor Department said in its monthly payroll report released Friday, easily topping the 185,000 jobs forecast by Refinitiv economists. It

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Fed raises interest rates by a quarter point but signals inflation fight’s not over

  • February 1, 2023
  • no comment
  • realestate

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a point, further slowing its aggressive campaign to cool the economy amid growing evidence that stubbornly high inflation is finally starting to ease.  The widely expected move puts the key benchmark federal funds rate at a range of 4.5% to 4.75%,

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U.S. Braces for Debt Ceiling Battle

  • January 17, 2023
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  • realestate

The U.S. House of Representatives is bracing for a bitter struggle over the federal debt ceiling. While the issue is usually one of political theater that tends to be resolved before the country shoots itself in the foot with a voluntary default, things may turn out a little differently this time. Toughness on spending plans

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