MORTGAGE WATCH 3/25/22
Mortgage Rate continue going higher daily. The yield on the 10yr Treasury (closing moves with mortgage rates) jumped this morning to 2.50%. MBS had yet…
Category: Selling
OC Housing Report
Coming Up… SpringMarch 7, 2022Many mistaken the Summer Market as the busiest time of the year for housing, yet it is the Spring Market that is…
MORTGAGE WATCH 02/25/22
Mortgage Rates are worse since last Friday as MBS (mortgage bonds continue to sell-off). There was some hope/optimism that Russia’s military invasion of Ukraine would create…
OC Housing Report
Going, Going, GONE!February 8, 2022When a record low number of available homes is matched with fierce pent-up demand, it results in an auction where homes sell immediately…
MORTGAGE WATCH 1/29/22
Mortgage Rates are slightly higher from last week as the trend for 2022 continues to leave uber low mortgage rates in the rear view mirror. This…
OC Housing Report
Out of ControlMarch 22, 2022With the number of available homes to purchase at extremely low levels, there simply are too many buyers competing against each other.An…
OC Housing Report
Will it Slow in 2022?February 23, 2022Housing has only grown hotter despite mortgage rates rising considerably since ringing in a New Year, indicating it will take further…
MORTGAGE WATCH 02/11/22
What is going on?Well, investors have been on edge about higher inflation for months, then yesterday 2 bombs dropped. First, inflation (CPI) came in at…
MORTGAGE WATCH 02/04/22
It’s a beautiful morning in SoCal, but not so much for rates…Mortgage Rates are moving higher as Fed taper speed increases pushing rates this morning back…
OC Housing Report
Rising Rates Vs. No InventoryJanuary 26, 2022There are two opposing economic forces impacting thehousing market right now, rising mortgage rates and a recordlow supply of…