RECENT BLOG POSTS
As sure as the Holidays pass, and father time swipes the clock to the new year, Realtors will begin touting that winter is the best time of the year, not only to buy a home, but to sell as well.  The mantra goes, there is less inventory, so a would be home seller has less competition.  Conversely...
01/12/2019
  Continuing concern about the pace of global economic growth was good for mortgage rates and negative for stocks this week. The major U.S. economic data and the Fed meeting were smaller influences, and mortgage rates ended the week lower. As expected, the Fed raised the federal funds rate by 25 ...
12/22/2018
European Central Bank Ends Bond Purchases While a lot of volatility again was seen in the stock market, it was a relatively quiet week for mortgage rates. The major U.S. economic data came in on target, and there were no surprises from the European Central Bank. As a result, rates ended with litt...
12/15/2018
Small Miss on Job Gains  Weekly Change Mortgage rates fell 0.08 Dow fell 800 NASDAQ fell 125 Weaker than expected U.S. labor market data and a reduced outlook for global economic growth were favorable for mortgage rates this week, and rates ended at the lowest levels in about two months.  Friday'...
12/10/2018
Comparing Owning a Home Vs. Renting? One more Factor to Support Buying a House. The ongoing debate between renting and buying a home puts many people looking to get out on their own into stasis longer than it should. While it is always a good idea to weigh out the options on both sides of a decis...
12/05/2018
 The following is the latest analysis written by our head of capital markets.  The primary takeaway is we are squarely in a rising rate environment.  Our projection for 2018 is for rates to top out in the high 4% range, while these levels will remain supportive of the housing market, it will cert...
02/02/2018
Budget Plan Passes The passage of a budget plan was negative for mortgage rates this week. The economic data had little impact. As a result, mortgage rates ended the week higher. Late Thursday, the Senate voted in favor of a 2018 budget plan. This was a key early step along the path to tax reform...
10/21/2017
 Wednesday's Fed meeting was viewed as mildly negative for mortgage rates. Threats from North Korea on Friday were slightly positive. As a result, mortgage rates ended the week with little change. For investors, the most notable information from the Fed meeting was that a rapid pace of raising th...
09/23/2017
Data, Fed, Politics   Uncertainty surrounding the Trump administration and dovish Fed minutes were positive for mortgage rates this week. Stronger than expected economic data had the opposite effect. While it was a fairly volatile week, the net result of these influences was that mortgage rates ...
08/19/2017
George DeVine is a seasoned mortgage professional.  If you're looking for expert consultation for your next home purchase, or would like to explore refinancing your mortgage, visit George's web site today at webmortgagebanker.com     Mortgage Rates Improve On News Of Lower Inflation And NOKO Cor...
08/12/2017
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