• October 3, 2023
• no comment
• realestatelife

Rates continuing to creep higher (as expected) with no clear end in sight. I can’t make this any clearer than I have recently – give up all hope of rates falling from here. Reprice risk on the day is moderate, although bonds have improved from the worst levels, we could see them turn tail and

• October 2, 2023
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• realestatelife

Rate sheets will be much worse than Friday AM, as bonds continue to fall after a short lived mini rally. Reprice risk on the day is moderate, despite an already weak start we could see bonds continue to worsen which would put lenders in a position to reprice worse. Although it could be argued that

• September 29, 2023
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• realestatelife

Inflation Nation: The August Headline PCE increased by 0.4% on a MOM basis which is DOUBLE the increase in July but it was lower than market expectations of 0.5%. YOY, it was up 3.5% which matched expectations. Core PCE (ex food and energy) increased by 0.1% which was less than market expectations of 0.2%. YOY, it

• September 28, 2023
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• realestatelife

WRAP UPUMBS 6.0: 98.70 (+30bps)10yr yield: 4.58 Bonds had a strong recovery today on some dovish Fed member comments and weak consumer spending data, mainly a correction from being over sold. This is not a reversal, and if you saw reprices better today you should take them, it’s not likely gains continue much tomorrow. After

• September 26, 2023
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• realestatelife

  The Federal Reserve didn’t raise interest rates recently but is thinking about doing it in December, possibly with fewer rate cuts next year. Interest rates, including mortgages, are going up, and this might continue for a while. It’s important to have a financial plan to adapt to these changes. US debt is a concern,

• September 25, 2023
• no comment
• realestatelife

Rates will continue to test the high water mark, and reprice risk today is low. The outlook is that rates will hold near the highs or even creep higher, with zero chance that we see a significant drop in rates anytime soon (“significant”, to me,  means .25% or more). Treasury yields continue to climb, and

• September 22, 2023
• no comment
• realestatelife

Rate sheets this morning likely to be similar or slightly better than yesterday, and reprice risk on the day is moderate. Bonds showing some signs of recovery this morning, but nothing to get too excited about. Rates have quickly moved up to match this years highest levels already after the Fed meeting, but I think

• September 22, 2023
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• realestatelife

  The real estate path is not without its obstacles, but that doesn’t mean you have to painstakingly crawl your way to wealth and success. With an efficient and perfect financial GPS, you can get to your destination in the quickest way possible and navigate through the challenges you may run into during the process.

• September 21, 2023
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• realestatelife

o rate our podcast “5-stars” on Apple Podcasts or Podchaser please scroll to the corresponding instructions below. All other platforms do not have ratings or reviews for podcasts on their apps. Apple Podcasts First, ensure that you are signed in by clicking the Account menu at the top of your screen and selecting your Apple ID. Next, click

• September 21, 2023
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• realestatelife

WRAP UPUMBS 6.0: 99.03 (-30bps)10yr yield: 4.50 The good news is that bonds didn’t get much worse than this mornings levels, the bad news is that they didn’t improve either (and are not likely too). I think it will get worse before it gets , so am still in a lock bias, although I do