Hey Folks! I’m Dean Bendall, the Mortgage Dean, with HomeBridge Financial Services, Inc. I upload videos every Thursday to bring you tips helpful information regarding home loans. Be sure to give this video a thumbs up and hit that subscribe button so you don’t miss anything!
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Optimism Hurts Rates Oct 18 2019
This past week home loan rates ticked up, yet remain just above 3-year lows. Here are 3 reasons why: Solid corporate earnings and future positive guidance from many public companies were a pleasant surprise for many who were bracing for a far more disappointing outlook. As a result, stocks moved…
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Fed Rate Cut Coming — But Don’t Wait Oct 11 2019
U.S. bond yields and home loan rates ticked modestly higher this week as the world watches the U.S. and China have their first serious talk since July. There is a growing sentiment that the U.S. and China will agree to some short-term measures like a postponement of tariffs, while the…
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Slowing but Growing Oct 4 2019
Recession fears were back in full swing this past week, thanks to the weakest manufacturing report since June 2009, which was the last month of the Great Recession. Manufacturing makes up 12% of our economy, while consumer spending makes up nearly 70%. So even though the consumer remains strong, markets…
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The US Economy Remains “Durable” Apr 26 2019
Good news is typically bad news for bonds and home loan rates. That has not been the trend of late, and certainly not this past week. Durable Goods Orders is a report which shows buying demand for products with a life cycle beyond 4 years — think cars, washing machines…
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