My Loan Officer
  • Loading...

Market Update Archive

May 16, 2019

Will Trade Tensions Cause a Mini Refinance Boom?

Trade tensions have caused the 10-Year Treasury to drop. Does this mean a mini refinance boom?

Apr. 25, 2019

Promising Signs for Interest Rates Ahead?

Strong jobs. Subdued inflation. A healthy stock market. But what might the future hold?

Mar. 28, 2019

Low Rates with No Increases for 2019?

Have you heard? The FOMC has confirmed that rates will stay constant with no increases ahead.

Feb. 28, 2019

Supply and Demand: Interest Rates Go Down

Interest rates for consumers and homebuyers have gone down. It’s all a case of supply and demand.

Feb. 14, 2019

No News is Good News for Interest Rates

Since our last update there has been very little movement in the market, specifically interest rates. The 10yr currently sits just under 2.70% and as of right now volatility has been very low.

Jan. 10, 2019

New Year, New Interest Rates?

No doubt by now you’ve noticed all the volatility in the market. Stocks haven’t gotten crushed and interest rates have dropped very quickly.

Dec. 13, 2018

Market Update: December 13, 2018

In the past 30 days we’ve seen interest rates drop and drop. In fact, the 10yr, which recently traded as high as 3.24%, a level not seen since 2011, is all the way down to 2.85%.

Nov. 15, 2018

Market Update: November 15, 2018

Over the past month we’ve seen rates hold relatively stable despite the uncertainty around the midterm elections. The 10yr is trading within the range of 3.05 and 3.25% and it’s currently at 3.15%. However, in the past year, rates are up about 80bps and it’s generally believed the Fed will raise once more in 2018 and twice in 2019. A lot of that will depend on growth and inflation.

Oct. 12, 2018

Market Update: October 12, 2018

If it seems like interest rates have been going up almost every day, then you are correct. There has been this risk off trade that has pushed stock and bond prices down. Investors are taking profits as there seems to be more and more concerns over valuations and the trade war with China.

Sep. 20, 2018

Market Update: September 20, 2018

For the last couple of weeks, we've seen interest rates creep up and up. In fact, the yield on the 10yr Treasury is now over 3%; something that hasn’t happened very often since the financial crisis. The graph on your screen shows the 10yr for the past 8 years. What’s interesting is the fact that the 10yr has not sustained a 3+% yield for 30 straight days since 2011.

How low will your payment be?