Lowering oil prices are helping interest rates drop as well.  The chart above shows how they've been moving in lock step since the first of the year, as we continue…

Last Week, Redfin published that home values increased 5.2% in 2024.  That's a higher calculation than other studies which concluded an appreciation rate somewhere in the mid 4's when looking at some…

If we look at how well we think we understand global economic policy on a scale between "I have a pretty good idea of what's going on" and "wow, I'm completely…

Mortgage backed securities are approaching the apex finale of an exciting squeeze play which will determine which way interest rates pop out of the building pressure cooker. The five month…

This morning's JOLTS report shows that there are currently only 7.6 million job openings in the United States.  Available new positions have dropped 15% over the last 12 months indicating that companies…

The Fed's favorite gauge of inflation, Personal Consumption Expenditures, was released this morning, revealing that we consumers spent 0.2% more money last month than the month before. The Index is…

A slew of partly-cloudy data out today keeps the technical picture for mortgage bonds looking favorable. Consumer Confidence dropped from 109.5 to 104.1. Durable Goods orders went from -2.0% to…

New Home Sales volume rose up 3.6% from last month and 6.7% from last year.  The median price rising 6.1% from last month and 2.1% from last year, now sits…

  I've been a mortgage loan officer now for more than a quarter century.  This week, someone said "wow, you're like an expert!".  I told her I was going to…

Both wholesale and retail inflation numbers were released this week, showing that prices have risen more than they did last month, but not as much as experts expected.  The at-best…

The monthly Producer Price Index was released this morning showing a 0.2% increase month over month and a 3.3% rise year over year.  Wholesale prices continue to methodically rise ever…

One of the key indicators of a vibrant economy is job creation, and one of the greatest measures of inflation is wages paid.  Today's BLS Jobs Report showed good news…

CoreLogic chimed in this morning with their Home Price Index.  Generally on the conservative side, CoreLogic computes that values have increased 3.4% over the last year and should continue upwards…

The earliest calculations are showing that homes appreciated at 4.5% over the 12 months ending December 31, 2024.  This is unsurprising despite the number of people who thought prices would…

The United States is currently facing a debt crisis that's a bigger mess that the catch-all drawer in your kitchen.  You know the one that gets every miscellaneous charging cable, sauce…