• March 5, 2024
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• realestatelife

Rate sheets this morning should be slightly better on the day, if early gains for bonds hold up. Reprice risk on the day is low, there is some economic data coming out at 10am ET that could affect the first rate sheets issued on the day, but it’s crickets after that. However tomorrow will start the fireworks, with a couple

• February 21, 2024
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• realestatelife

Rate sheets this morning may be just a little bit better than yesterday, but nothing to get too excited about. Reprice risk on the day is low, markets seem calm and have found a range for bonds to tread water. The Fed’s meeting minutes from the last meeting come out at 2pm ET today, and

• January 26, 2024
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• realestatelife

Year-over-year core inflation fell below 3% for the first time since March 2021 but the choppy trading pattern continues with prices lower and yields higher. The Fed’s favorite inflation gauge, the Core PCE, fell to 2.9% y/y versus 3% expected and down from 3.2% in November, m/m inline at 0.2% and up from 0.1%. The

• January 25, 2024
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• realestatelife

There was a little bit for all in the data with headline GDP for Q4 2023 rising 3.3% while the inflation components declined. Growth was driven by consumer spending rising at a solid 2.8% rate in the quarter. For 2023, GDP was 2.5% after 1.9% in 2022. Jobless Claims rose to 214K versus 200K expected

• January 6, 2024
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• realestatelife

01/05/24 RATE MARKET WRAP UP UMBS 5.5 99.78 (-9bps)10yr yield 4.05 Bonds saw a bit more improvement earlier in the day and a handful of lenders repriced better. Also, markets have leaned a bit more into that March Fed rate hike, now 75% probable, after digging deeper into jobs report showed large Nov revision and

• December 31, 2023
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• realestatelife

Rate sheets today may be a little worse than yesterday but it shouldn’t be much, and reprice risk is low. Markets close today at 2pm Eastern and will be closed on Monday for New Years. All loans are free to cautiously float.There is little risk to avoid, although little reason to expect improvement either. Let’s see

• December 31, 2023
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• realestatelife

Downsizing can be a difficult process for anyone, particularly for seniors who have lived in their homes for decades. It can be overwhelming to decide what to keep, what to donate, and what to throw away. However, given the physical and financial demands of owning and maintaining a large home, many seniors opt to downsize.

• December 31, 2023
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• realestatelife

Embarking on higher education as an adult can be an inspiring journey, but the financial aspect often brings waves of concern. However, there’s a path less traveled that intertwines real estate savvy with educational advancement: house renovation for tuition. This method not only promises a practical return on investment but also the satisfaction of reshaping

• December 29, 2023
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• realestatelife

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

• December 26, 2023
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• realestatelife

Rate sheets today should continue to hold steady 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 of economic