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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Coronavirus and Extreme Volatility Mar 20 2020
This past week, home loan rates ticked up again despite the Fed recently cutting rates by a full point and the 10-year Note remaining just above 1%. Why? Mortgage backed securities (MBS) are bonds that price home loan rates. This week, the spread or difference in yield between the 10-year…
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A Great 2020 Housing Story Feb 21 2020
The continued strength of the labor market, along with historically low mortgage rates, will keep positive housing momentum alive in 2020. The Unemployment Rate is currently at a 50-year low of 3.6% with expectations for the index to push even lower to 3.25% by year's end, matching lows last seen…
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What the Market Is Saying Feb 14 2020
Home loan rates continue to hover near three-year lows. There are some on Wall Street who say rates are going to push even lower at some point — and they may be right. But what if they're wrong? What if rates have bottomed for the foreseeable future? Yes, locking a…
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Uncertainty Helps Rates Jan 24 2020
Bonds love uncertainty and bad news. As a result, rates improve when not-so-good news emerges. That was the story this past week, as China has reported a new deadly coronavirus has started to spread in their country. The virus, which spreads through human contact, has taken several lives and has…
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