Both stocks and bonds started the week this morning with little changes. Stock indexes were slightly better with the 10-yr note yield at 2.88% -1 bp. MBS prices at 8:30 am EST was up +5 bps from Friday’s close.This week’s calendar has key economic data; CPI, PPI, Retail sales and housing starts a...
Buying a first home can be a daunting process. Apart from the somewhat complex issue of financing, there is the matter of finding the “perfect home.” Here are some things buyers should maybe not sweat—and some surprising facts about what they should be concerned about.Your furniture doesn’t fitAs...
The FOMC increased the federal funds rate to 1.50% from 1.25%, no surprise with everyone expecting it. Two Fed FOMC members voted against the increase; Evans of Chicago and Kashkari of Minneapolis. Interpreting the statement market’s initial reaction was that the Fed will move three times in 2018...
Three Things: These three areas have the greatest ability to impact mortgage rates this week: 1) Fed 2) Tax Reform and 3) Domestic.1) Fed: Our Federal Reserve Open Market Committee (FOMC) begins two days of meetings on Tuesday and will culminate Wednesday afternoon with their policy statement and...
Many millennials are expected to enter the housing market in the next year with the interest rates still low. However, while it may be a good time, it does not necessarily mean that it’s the right time for you to make the investment. If you’re currently weighing your options when it comes to home...
According to the National Association of Home Builders Housing Market Index for April, Builder Confidence dropped three points to an index reading of 68 in April. While any reading over 50 indicates positive builder confidence, home builders said that they continue to face obstacles including hig...
There are so many ways in which you can green up your home and make it more sustainable these days that many people are considering tankless water heaters. While this can certainly be the right option depending on the space you have and the type of water you use, here are some things to consider ...
Last week’s economic releases included readings on inflation, core inflation, new jobless claims, and mortgage rates. Consumer sentiment for April was also released. Continue here: What’s Ahead For Mortgage Rates This Week – April 17, 2017
Most home sellers are thrilled to get the asking price they’re looking for when putting their home up for sale, but many have not thought about the possibility of getting even more! If you’re wondering what tricks of the trade your agent can use when it comes to getting a higher offer, you may wa...
Many homeowners consider a fence around their property for a variety of reasons, whether it’s to keep the dog in the yard or to maintain privacy. However, the wrong fence can entirely change the look of your property and make a beautiful yard a bit of an eyesore. If you’re trying to determine wha...

Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

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