** Our Special loan program for first home buyer “ This is Home “ starting rate at 6.625% vs 6.875% conventional loan ** Mortgage rate went up as the US 10-year yield reached 16- year high of 4.69% on Thursday and close at 4.59% on Friday. August Existing Home Sales fell 0.7% to 4.04 […]
Mortgage rate went up on Wednesday as Fitch Rating downgrading U.S. long-term rating to AA+ from AAA citing the expected fiscal deterioration over the next three years along with the high and growing general government debt burden. US 10 year Note went up to 4.20% on Thursday – highest since October 24th 2022. The […]
As expected, the short-term rate rose by 25bp to bring the FFR to 5.50% on Wednesday. US 10 year note jumped to 4.04% on Thursday, and closed to 3.96% on Friday. Q2 2023 headline GDP rose 2.4% versus 1.8% expected July Consumer Sentiment rose to 71.6 from 64.4 in June the Core PCE(Personal Consumption […]