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3-2-1 | 2-1 | 1-1 | 1-0 Buy-down | Rate Drop

  • February 22, 2023
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  • realestate

Inflation Buster helps lower your monthly payment. United Mortgage Corporation of America will pay 1% of your interest rate for the first year at no cost to you, saving you hundreds – even thousands. You get the security of a 30-year fixed-rate mortgage locked in at today’s rate. For example, if you lock a 6%

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February 21, 2023 – Economic News

  • February 21, 2023
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  • realestate

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -36 BPS with 60 minutes left to trade. Taking it to the House:  January Existing Home Sales were 4.00M vs. et of 4.10M which is down -0.7% from December and 37% YOY. The median home sales price did move higher on a YOY

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Let’s Go! Time To Make A Decision For Your Future

  • February 19, 2023
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  • realestate

  Now is the time to decide for your future! But before you do, you have to listen to today’s discussion. In this episode, Michael Harris brings some insights to understand the cost of waiting versus the savings of getting started now. He welcomes Marisha Charbonnet with great information on real estate planning. So, let’s

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February 17, 2023 – Economic News

  • February 17, 2023
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  • realestate

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up just +6 BPS with 60 minutes left to trade. Genco Olive Oil: Import Prices in January fell by -0.2% which matched expectations. YOY, they were up by 0.8% which was much lower than estimates in the 2.9% range. Export Prices were

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Inflation Lingering, Fed Officials Singing

  • February 17, 2023
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  • realestate

  Inflation is here to stay, and Fed officials are singing. Tune in as Michael Harris breaks down everything you should watch out for to secure your finances and finally get rid of your debt as soon as possible. He talks about what to expect from the upcoming Fed meeting minutes and his findings on

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Wholesale inflation surges 0.7% in January, more than expected as high prices persist

  • February 16, 2023
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  • realestate

Producer price index projected to increase 0.4% in January Inflation at the wholesale level rose more than expected in January, the latest sign that painfully high consumer prices could take some time to dissipate. The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level before it reaches consumers,

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February 16, 2023 – Economic News

  • February 16, 2023
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  • realestate

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -13 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims were lower than expected, 194K vs. est. of 200K. The more closely watched 4 week moving average was very low at 189.5K. Continuing Claims were 1.696M

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February 15, 2023 – Economic News

  • February 15, 2023
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  • realestate

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up just +3 BPS with 60 minutes left to trade. Retail Sales: We got a nice upside surprise to the January Retail Sales data. The headline reading rose by 3.0% vs. est. of 1.8%. Ex Autos it was up 2.3% vs. est.

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February 14, 2023 – Economic News

  • February 14, 2023
  • no comment
  • realestate

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -21 BPS with 60 minutes left to trade. Inflation Nation: The newly formulated headline January Consumer Price Index (CPI) rose by 0.5% MOM which matched forecasts. December was revised upward from -0.1% to +0.1%. YOY, CPI was up 6.4% vs. est.

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February 13, 2023 – Economic News

  • February 13, 2023
  • no comment
  • realestate

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +2 BPS with 60 minutes left to trade. There were no economic events today On Deck for Tomorrow: Consumer Price Index 10 year and MBSs today little changed awaiting tomorrow’s January consumer price index (CPI). Stock indexes had a decent day. There wasn’t any

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