Mortgage Bonds Improved - July 19th, 2018

Mortgage Bonds Improved - July 19th, 2018. Martini Angle July 2018 by Raleigh Mortgage Lender Kevin Martini

Mortgage Bonds Improved - July 19th, 2018 video duration 1 Minute(s) 1 Second(s), published by Lysa Catlin on 20 07 2018 - 00:30:02.

Mortgage Bonds improved today and we are carefully floating to see if there is any improvement in mortgage rates in the near term
Federal Reserve Chairman MBA's SVP of Research and Technology Mike Fratantoni details the latest information from MBA's Weekly Application Survey
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What does the 10yr Treasury being below 3% mean for the mortgage market? How do the unemployment rate and labor force participation rate affect one MBA AVP of Public Affairs Rob Van Raaphorst details the latest information from MBA's Weekly Application Survey
For more info, visit http://mba.org/research The Martini Angle is a comprehensive walkthrough of the most up-to-date information
Episode 12 of the Martini Mortgage Podcast is the July 2018 Edition of the .

Mortgage Bonds improved today and we are carefully floating to see if there is any improvement in mortgage rates in the near term. Federal Reserve Chairman, Jerome Powell, has stated the Fed is likely to continue with gradual interest rate hikes. Interestingly enough, President Trump stated on CNBC today that he was not happy about the recent interest rate hikes. The rate hikes strengthen the US Dollar against other currencies making it more expensive for Foreign Buyers to purchase US real estate. For example, with the improvement of the US Dollar to the Yuan, a Chinese investor looking to purchase US real estate has to pay 8.5% more now simply because of the new currency exchange rates. \r
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We have a new loan program for homebuyers purchasing a home in King, Pierce and Snohomish counties that requires as little as 1% down payment up to a purchase price of $457,000 with NO mortgage insurance on a 30-year fixed mortgage. With interest rates likely to continue to move higher, this program can be a great way to help more people purchase homes and lock in a low fixed rate mortgage.\r
Questions? Please call us at 206-963-0191! We are always happy to help.