Last weekly update of the year!

Mortgage and Lending with Watermark Capital NMLS #311662

In the News


We have a short week to end 2021. Nothing crazy. Get a look at some housing numbers. Here is what’s coming up -



  • US home price index (YOY)



  • Pending home sales



  • Initial and continuing jobless claims


Chart Check


We are continuing through our wedge. This looks like a bullish wedge pattern, which will be good for rates in the short term. Either way, once we reach the vertex, we will have a breakout soon thereafter.


Something interesting to note is that it looks like we have a bottoming out of the 50-day moving average (black line). Remember, it confirms a bull market when the 50 DMA crosses above the 200 DMA. I’ll be keeping a close eye on this as it finally seems we may have some activity in our favor.



I hope everyone has had a wonderful holiday season so far and is gearing up for a fun, safe New Year.


As always, please feel free to reach out anytime. I’m always here to help!


That’s it for me now, see you in 2022!

Posted by

Matt Brady

Branch Manager, NMLS ID#311662

(858)342-8659 cell |  
8885 Rio San Diego Dr │ Suite 201  San Diego, CA 92108     


BIA SanDiego 19 year Member and P2 Sponsor


BIA SMCBoard Member since 2012





Comments (1)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Matt, my local lender said the rates have jumped significantly this week.  Not good news for buyers.

Jan 21, 2022 07:39 AM