MORTGAGE WATCH
Mortgage Rates are fantastic! This week we have seen a nice rally in Mortgage Backed Securities (MBS) pricing, and remember as bond prices rise, yields drop.…
Author: Tim Morissette
MORTGAGE WATCH
Mortgage Rates have been under some selling pressure (meaning rate/pricing rising) ever since election results, positive news on COVID vaccine from Pfizer, and the 60 Minutes…
MORTGAGE WATCH
Mortgage Rates are rising slightly this week due to market optimism of impending new stimulus plan to help small business and families suffering financial hardship due…
Orange County Housing Report
A Powerful MarketWith a low supply and extremely strong demand, the Expected Market Time is at its lowest level to start October since tracking began…
Orange County Housing Report
DANGERS OF OVERPRICINGPricing - A key factor in selling a home quickly and for top dollar is to avoid price reductions.A house is not just…
Orange County Housing Report
Hot November HousingWith an Expected Market Time of 41 days, in the midst of November, the Orange County housing market is hotter than the Spring…
Orange County Housing Report
THE HOLIDAY MARKETFrom now through the end of the year, the active inventory typically drops about 27% and demand drops by 31%.Daylight saving time just…
Orange County Housing Report
AppreciationWith strong demand and an incredibly low inventory, the market will continue to lean heavily in favor of sellers, resulting in home values rising.One of…
Mortgage Watch
Mortgage Rates are in a drift mode, meaning rates have not done much since last Friday. The 30yr MBS Bond closed at 104.78 last Friday…
Mortgage Watch
Mortgage Rates this week are under some pressure as the Federal Reserve reiterated it’s 0% interest rate policy through 2023! As a result, I’ve had…