Realtor Mortgage Market Update

2-3-23 BLS Jobs report, is it fake news!!

February 04, 2023 08:38 - 5 minutes - 4.93 MB

Hello Folks, I am back from some R & R ! So much to cover… PCE inflation Home appreciation Jobs jobs jobs made rates go up how much today ? And what in the world is the 2023 population control effect ?

1-18 and 1-19-23 Bank of Japan, PPI, Mortgage apps up, and unemployment

January 20, 2023 10:49 - 4 minutes - 4.25 MB

How did Japan help rates improve on Wednesday ? PPI peaked at 11.7% where is it now ? And Dare I say we may have a soft landing ? How are builders feeling about things ? Wow did mortgage applications go up !

Sellers following Builders

January 17, 2023 22:58 - 2 minutes - 2.47 MB

1. Did rates go up or down today and why ? 2. What are sellers doing that builders have been doing ? 3. What is going to help bring down inflation and in turn bring down rates.

Inflation heading the right direction but it could be lower

January 17, 2023 12:59 - 3 minutes - 3.18 MB

Highest month over month increase in shelter cost since 1985….no way ! 1. Did rates improve on Thursday ? 2. What prevented Core CPI from dropping further ? 3. When do I think rates will could improve next ?

2023, starting out good for Mortgage rates

January 17, 2023 12:54 - 3 minutes - 2.81 MB

Don’t look now but 2023 is starting out fairly good but why ? What did rates do last week and what will they do this week.

What group of new home buyers will buy 7 out of 10 homes from now until 2042.

January 17, 2023 12:47 - 4 minutes - 4.22 MB

1. Want to reach 70% of new homebuyers from now until 2042 ? 2. What could improve rates today ? 3. How was the market the last 2 weeks of 2022

Welcome to 2023

January 17, 2023 12:41 - 3 minutes - 3.58 MB

1. What will home prices do in 2023 according to CoreLogic. 2. Is the US in the IMF countries heading for recession list ? 3. What is going to drive gasoline prices UP ?!?!

Happy Thanksgiving

November 26, 2022 04:32 - 4 minutes - 4.47 MB

More evidence that going forward there will be a pick up in activity. What did the Fed Minutes say? How much have mortgage applications gone up in a week ?

More evidence to add to my lower rates in 2023 prediction.

November 23, 2022 20:18 - 5 minutes - 5.51 MB

Want to get listings and offer potential buyer’s mortgage rates from a year, or 2, or 3 years ago ? More evidence to add to my lower rates in 2023 prediction. Who are the most dangerous people to mortgage rates and markets ? How much inventory do we really have ?

The Fed Did it again…talked

November 18, 2022 10:34 - 4 minutes - 4.08 MB

The Fed did it again…talked ! Bullard and his Bull sheet Show your sellers what builders are doing to sell sell sell. Did rates get better today ?

How to Bring Back the Buyers

November 16, 2022 22:23 - 4 minutes - 4.36 MB

How to bring Buyers back to the market and get them approved (not pre-approved) without a property. And what is the 1 for 10 formula ? Who has the advantage right now? Sellers or Buyers ? Why ? Where are more and more $100,000 plus households now buying their groceries ? Don’t eat a blue Jolly Rancher before doing a video !

Year over Year inflation and Core inflation both down

November 15, 2022 21:57 - 3 minutes - 3.15 MB

Year over Year inflation and Core inflation both down but what does this mean for mortgage rates and where shipping / freight heading ?

The Fed just cannot shut it !

November 14, 2022 20:38 - 3 minutes - 3.65 MB

The Fed is not going to let mortgage rates get better. What did the Fed do to put the kabash on mortgage rates today.

Oh inflation gave us a drop

November 13, 2022 04:16 - 5 minutes - 5.53 MB

As I have been forecasting, inflation in lower and rates followed. Biggest 1 day drop in rates that I have seen in 32 yrs of mortgages. Inflation could have been lower but what prevented that ? And where do I think rates will be in 2023.

Happy New Year and Welcome to 2021 !

January 05, 2021 03:47 - 6 minutes - 5.33 MB

Happy New Year and Welcome to 2021 ! Before 2020 ended Housing appreciation and year over year sales roared ! Will Georgia elections affect mortgages rates ? And if the Democrats sweep Georgia, how is VP elect Kamala Harris the tie breaker ? #remmu

Two things that will change 2021

December 09, 2020 01:33 - 4 minutes - 3.87 MB

Two things that will change 2021. Why bonds move lately without economic news. 1st public Pfizer vaccine given, and who is moving back in with mom and dad.

Rates improved last week. Today, 3rd Vaccine announced.

November 24, 2020 12:47 - 3 minutes - 2.68 MB

I predict the public Will start receiving covid vaccine by 12/15. Rates improved last week. Today, 3rd Vaccine announced.

Still no new President and unemployment numbers.

November 05, 2020 18:06 - 3 minutes - 2.57 MB

Still no new President and unemployment numbers.

Why rates went up on Election Day and why they came back down.

November 05, 2020 11:45 - 4 minutes - 3.47 MB

Why rates went up on Election Day and why they came back down and why taxes should not go up even if Biden wins the presidential election.

Will rates come down further ?

November 02, 2020 22:22 - 1 minute - 1.66 MB

Will rates come down further ? What could move the markets this week ?

Appreciation and how you can quantify it for your customers.

October 27, 2020 15:34 - 3 minutes - 2.79 MB

Appreciation and how you can quantify it for your customers and much more.

4th day of rising rates.

October 21, 2020 23:00 - 2 minutes - 1.69 MB

No deal yet between Fancy Nancy P and Mnuchin, average demand for today’s 20 yr bond auction, mortgage applications down, and 4th day in a row that rates have increased.

3rd day in a row ! #remmu

October 20, 2020 23:02 - 2 minutes - 2.54 MB

Are we at the beginning or mortgage increasing ?

Two things that will put you above the crowd as a real estate agent or as a lender.

October 07, 2020 16:15 - 4 minutes - 3.85 MB

Two things that will put you above the crowd as a real estate agent or as a lender.

Trumps health and mortgage rates.

October 06, 2020 12:31 - 3 minutes - 2.58 MB

How can Trumps health impact mortgage rates. How can a new stimulus impact rates ?

Jobs and Inflation.

October 01, 2020 17:31 - 4 minutes - 3.83 MB

Jobs and Inflation and what they are doing to mortgage rates.

Even more good news for Housing.

September 29, 2020 21:39 - 3 minutes - 2.78 MB

Even more good news for housing as Nationwide appreciation data in released

More good news for housing and some good news for unemployment

September 24, 2020 22:55 - 6 seconds - 84.8 KB

More good news for housing and some good news for unemployment

More real estate agents today than 1 year ago.

September 22, 2020 17:51 - 4 minutes - 3.72 MB

More real estate agents today than 1 year ago. New great and still great rates

God bless America

September 11, 2020 15:02 - 2 minutes - 2.34 MB

God bless America on this 9/11.

Bidding wars, overcoming overbidding, and rates

September 10, 2020 01:45 - 3 minutes - 2.74 MB

Bidding wars, overcoming overbidding, and rates.

Last Friday of summer and rates hang on.

September 04, 2020 22:43 - 2 minutes - 2.37 MB

Jobs jobs jobs. See how rates made out.

Real Estate is where it is at !

September 01, 2020 17:04 - 3 minutes - 3.22 MB

Appreciation up 5.5 % year over year and 1.2% just in July...are you kidding me ? Call every buyer you had in the last 24 months and give them the great news.

MBA Purchase Data slightly up and the scam

August 26, 2020 23:58 - 2 minutes - 2.43 MB

MBA Purchase Data slightly up and the FHFA scam !

Don’t let the media fool you

August 25, 2020 22:32 - 3 minutes - 3.18 MB

Don’t let the media fool you. Price index up, median price up, appreciation up, but where is consumer confidence. #remmu

Existing home sales, inventory, more.

August 22, 2020 17:25 - 3 minutes - 3.27 MB

Existing Home Sales, which measures closings on existing homes, were up an impressive 25 percent in July. These are closings and likely represents buyers that signed contracts in May and June. This the largest one month jump in the history of the existing home sales survey, going back to 1968 and remember that the June report was up 20.

Mortgage rates hang in there despite...

August 20, 2020 19:20 - 3 minutes - 2.67 MB

Yesterday we had a lousy 20 yr auction and the Fed minutes were released but despite all of that we ended the day on the plus side.

No deal, don’t worry about the American people let’s go on Vacation.

August 14, 2020 22:08 - 2 minutes - 2.44 MB

The Senate adjourned for its August recess on Thursday, joining the House, as Republicans and Democrats remain $1 trillion apart on a coronavirus relief package. And here is the real tragedy let’s say law makers come back and do work out a deal...#remmu

Calabria hurst Americans again.

August 13, 2020 19:15 - 3 minutes - 3.06 MB

Initial Jobless Claims are released and for the first time in 21 weeks, claims have fallen below the 1 million level.

Russia meddling with mortgage interest rates in the US.

August 11, 2020 19:57 - 3 minutes - 3.09 MB

Rates on the way up. Is it time to hit the panic button ? Bidding wars in over 50% of contracts.

Get to your commissions fast.

August 06, 2020 20:53 - 4 minutes - 4.02 MB

Get to your commissions fast.

Purchase applications were down 2%, but on a year over year basis, are still up 22%.

August 06, 2020 18:50 - 3 minutes - 2.79 MB

Rates went up today, and I think Bonds are at a position where they are due for a pullback. And who knows what will happen this afternoon after the Fed is done buying mortgage bonds for the day. You and your customers have not missed yet, My team and I are here to help you.

Home prices on the rise...

August 04, 2020 17:58 - 4 minutes - 3.86 MB

Real estate will lead our economy out of this pandemic.

July is over and rates are at all times.

August 01, 2020 02:02 - 4 minutes - 3.91 MB

The Core rate, which is most important and what the Fed focuses on, is well below the Fed's target of 2%. And with inflation so low and declining, it provides the Fed with cover to continue Quantitative Easing without the fear of inflation. Something very interesting Within the report, Personal incomes fell 1.1%, while Spending increased by 5.6%.

The Fed says it will do whatever it has to do to get us back to pre-pandemic levels.

July 30, 2020 20:33 - 3 minutes - 3.05 MB

Initial Jobless Claims are released and for last week 1.434 Million individuals filed for unemployment benefits for the first time. This was about 12,000 higher than last week and the second week in the row of rising claims. This Should not be a surprise as some states are reclosing things and we are running out of PPP funds. On the Continuing claims front, those continuing to receive benefits, also increased from 16.79 Million to 17.018 Million.

Pending Home Sales, which measures signed contracts in existing homes, were up 16.6% in June after

July 30, 2020 14:20 - 4 minutes - 3.75 MB

Pending Home Sales, which measures signed contracts in existing homes, were up 16.6% in June after

New Home Sales up...

July 25, 2020 19:27 - 3 minutes - 2.68 MB

New Home Sales which measures signed contracts on new homes, rose for the third straight month, as new home sales were up 13.8% in June, which was much stronger than the 4% gain anticipated. Sales are now up 7% year over year And that is What's most impressive to see.

Realtor Mortgage Market Update

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