Today I want to share some advice I received early on about what to do with the income I was earning from being a loan officer that served me well during my career.
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- Next New Home Sales Report Should End Slump -MBA May 13, 2021That applications for mortgages to purchase newly constructed homes rose 30.8 percent in April compared to a year ago is not a particularly useful piece of data given the state the global economy was enduring in April 2021. However, it is good news that the Mortgage Bankers Association (MBA) estimates that new home sales are […]Jann Swanson
- Rates Remain Resilient After Inflation Scare May 14, 2021The 70's and 80's brought unforgettable economic lessons about inflation. Since then, certain market participants have been watching inflation like hawks, even when they didn't need to. After the start of the pandemic, the massive amount of fiscal stimulus (covid relief bill) and monetary accommodation from the Fed (bond buying and rate cuts) had inflation hawks […]Matthew Graham
- Mortgage Rates Are Actually HIGHER This Week May 13, 2021It's Thursday and, thus, time once again to check in with the slew of mortgage rate headlines that typically follow the release of Freddie Mac's weekly mortgage rate survey. Here are a few choice selections: "U.S. Mortgage Rates Fall for Second Week""Mortgage Rates Continue to Decline""30-year mortgage rates fall to 3-month low" And so on and […]Matthew Graham