Daily Rate Update: April 27th-May 1st

Friday – May 1, 2020 Sell in May And go away! That’s how May is kicking off today with U.S. stocks considerably lower after Apple and Amazon reported mixed earnings. In addition, the White House is threatening new tariffs on … Read More

Daily Rate Update: April 20th-24th

Friday – April 24, 2020 Growing fears of a pandemic induced economic slowdown, chaos in the oil markets, a mixed bag of earnings and staggering first-time unemployment claims filled the event list this week in the markets. Economic data for … Read More

Are You Still Looking to Buy a Home Right Now?

Even in the midst of this COVID-19 pandemic, homebuyers are still shopping for homes. And lenders are still originating purchase mortgages. There are new ways to view homes now and lending restrictions that are making it harder for first-time homebuyers … Read More

Daily Rate Update: April 13th-17th

Friday – April 17, 2020 Plans and guidelines to reopen the U.S. economy along with a report out that a new drug could treat the virus are fueling the risk-on trade today. The White House announced guidelines last night to … Read More

The Fed To The Rescue

Like the cavalry to the rescue, the Federal Reserve came over the hill today and set forth an unprecedented stimulus package to the tune of $2.3T. This is to provide liquidity, relief and help to stimulate the economy. From the … Read More

Daily Rate Update: April 6th-10th

Thursday – April 9, 2020 Like the cavalry to the rescue, the Fed came over the hill today and set forth an unprecedented stimulus package to the tune of $2.3T to again provide liquidity, relief and help to stimulate the … Read More

The Coronavirus Mortgage Bailout: Is It Going To Be Chaos?

Recently, mortgage forbearance was issued to many borrowers requesting assistance amid the Coronavirus pandemic. The problem is, long holds and unclear terms seem to be the current normal with this issuance. The Cares Act mandates that all borrowers with government-baked … Read More

Daily Rate Update: March 30th-April 3rd

Friday – April 3, 2020 The coronavirus fallout continues to impact the U.S. economy and will continue for several months. The March Jobs Report showed 701,000 jobs lost, far below expectations and just the first in what will be a … Read More

It’s Just the Facts: March 2020

WHEN THE BEAR BOTTOMS – The S&P 500 has fallen 34% as of Monday 3/23/20 from its all-time closing high set on 2/19/20, the index’s 12th bear market since the end of WWII. The average return for the S&P 500 … Read More

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