• October 16, 2023
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• realestatelife

WRAP UPUMBS 6.0: 97.78 (-36bps)10yr yield 4.70Rates moved higher today, and bonds couldn’t improve. Tomorrow AM we get retail sales data, which could help pricing rebound if it shows any kind of slowdown but will hurt AM rate sheets if it shows more strength. I’d still risk floating, especially loans closing November and later, even

• October 14, 2023
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• realestatelife

  Your real estate life isn’t always about your rate. It’s about where you’re paying it and how it’s set up. In this episode, Michael Harris talks about how to build a better path to retiring your debt sooner. Michael can give you the ability to save money and pay it off sooner. So join

• October 13, 2023
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• realestatelife

Rate sheets will be a little worse than yesterday, although they should be better than any reprices worse you saw yesterday. Reprice risk on the day is low, we should have a quiet day, but as we saw yesterday there is still always a chance of seeing bonds move more than expected. We should be

• October 12, 2023
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• realestatelife

WRAP UPUMBS 6.0: 97.94 (-67bps)10yr yield 4.71 Bonds moved much worse today than I would have expected, especially with inflation data coming in as forecast with a decent core number. We can point to some sectors of inflation that could be partly to blame, however, it is more likely this is just normal movement. If

• October 11, 2023
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• realestatelife

WRAP UPUMBS 6.0: 98.91 (+39bps)10yr yield 4.57 Mortgage bonds continue to improve, setting up tomorrow to have better rates. We could see some volatility when the CPI data comes out at 8:30am ET, but overall it is unlikely we see rates start moving higher again. Unless worried about tomorrow, loans should continue floating. Rate sheets

• October 10, 2023
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• realestatelife

Rate sheets will rebound this morning from Friday’s brutal reaction to the jobs data, unfortunately rates being helped by the conflict/war in the Gaza strip/Israel. Reprice risk today is low, it is unlikely we see bonds give back the current gains. We might have seen a shift in sentiment this week anyway, had there not

• October 8, 2023
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• realestatelife

  Direct your financial resources towards freedom by reducing interest costs, while maintaining your current lifestyle. Take control, reduce debts, and rewrite your financial destiny today. In this episode, join us as we discuss financial empowerment and economic foresight. Discover the undisclosed strategies for lowering interest rates, maximizing loan benefits, and navigating your financial journey

• October 8, 2023
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• realestatelife

  Life’s financial journey isn’t about the speed; it’s about recalculating the route to ensure a prosperous destination. Shift the direction, seize the opportunities, and chart a course for lasting financial well-being. In this episode, we discuss the slow and prolonged healing process in the financial labyrinth itself. We will guide you through various financial

• October 6, 2023
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• realestatelife

10/06/23 4:30pm ET WRAP UPUMBS 6.0: 97.63 (-33bps)10yr yield: 4.80 Mortgage bond recovered quite a bit from worst levels, but the 10yr yield points to where rates will hold. Lots of reprices better, but I would risk floating into next week. Monday is Columbus Day, bond market closed, no text/email. There is risk to floating,

• October 5, 2023
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• realestatelife

WRAP UPUMBS 6.0: 98.02 (+19bps)10yr yield: 4.71 Thankfully a quiet day. Some may choose to risk floating into tomorrow, but the return will be minimal. Jobs data comes out ahead of pricing, and we could see volatility. Rate sheets this morning shouldn’t be too different than yesterday. Reprice risk on the day is moderate, there’s