Mortgage Watch Report

Mortgage Watch Report 12/30/22Mortgage Rates have risen this week as Mortgage Bond (MBS) prices fall in light trading and with yearend tax selling.  Stock market is…

Mortgage Watch Report

Mortgage Rates have calmed down after some unfortunate and unexpected volatility at the beginning of the week.  The average lender is offering just slightly higher rates…

OC Housing Report

OC Housing Report:  No Crash in SightHousing data illustrates that there is not a housing crash on the horizon despite the current slowdown and home values falling.With…

Foothill Ranch Market Update ~ December 2022

Foothill Ranch Market Update for December 2022.  The overview below shows real estate activity from January 2022 to November 2022. You will see data comparisons…

OC Housing Report

Reduce and Net LessFor sellers who must reduce their asking price to achieve a  successful outcome, they likely will net less at the closing table.  Carefully pricing…

OC Housing Report

A 2023 ForecastAfter starting the year with a record low number of available homes to purchase, the inventory soared higher but is still far below…

Mortgage Watch Report

Mortgage Rates drop to 3 months lows!Mortgage Rates are primarily based on the bond market (specifically, mortgage-backed securities or MBS).  When MBS improve, lenders are creating loans…

Mortgage Watch Report

Mortgage Rates are slightly higher, but BIGGER volatility is on the way! The mortgage rates (the bond markets) have been remarkably well behaved since the November 10th release of…

Mortgage Watch Report

Mortgage Rates have seen solid improvements this week as investors shift focus to recession fears in 2023. Change has been in the air since the November…

Mortgage Watch Report

Mortgage Rates are moving higher after Chairman Powell raised the Fed Funds rate by another 75bps on Wednesday 11-2-2022.  Now, while raising the Fed Funds rate…

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