Mortgage Market Snapshot 07.11.16

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Mortgage and Lending with US Mortgages - David Shamansky NMLS#392126

Its been a long time in between these posts but here goes...

Mortgage Market Snapshot 07.11.16

I do not see a lot of negative rate hiking potential over the next few months. (this does NOT mean there will not be ebb and flow movements as those are natural and WILL happen) what I am saying is I dont see much upward pressure with the economic woes across the globe as well as this being an election year.

This week is going to be fairly quiet for news but some starts to hit on Wed with unemployment numbers/jobless claims and then PPI (producer price index) on Thursday.

What has happened since the Brexit news is a lot more uncertainty for investors and has caused the 10y treasury to hit 50 yr lows and bring long term fixed rates back down to levels never seen before with exception to late 2012.

many can benefit from buying now while their money goes further and those who own can save money with these best in 50yrs low fixed rates.

Now is a great time to buy or refi so dont miss this opportunity it may never come back again!

us mortgages colorados 580 FICO OK lender

Posted by

araward

Colorado 1st Time buyers, if you are ready to stop renting, get the many benefits from home ownership, or maybe your a current homeowner looking to move up or maybe looking into what it takes to become an investor in this incredible market, that WILL create millionaires, and you are looking for a strategy, answers and direction, please feel free to call or email me. My 22yrs in mortgage lending and 30+ years in finance gives me an in depth knowledge, critical to helping others and making their dreams go from dream to reality!

David Shamansky
"Positive reinforcer, promoter, success coach, entrepreneur, team builder, wealth builder, blessed individual, business leader and professional lender"

US Mortgages
6855 S Havana St Ste 520
Centennial CO 80112
720-524-8020
NMLS#392126
Equal Housing Lender

*photos used may come from my personal pictures or www.freedigitalphotos.net

 

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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi David - Nice to see you back here with the real story about what's going on with rates. Stick around - you have been missed.

Jul 12, 2016 06:01 AM #1
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