The Good News ContinuesJan 10 2020
This past week, we watched home loan rates tick modestly higher and retreat from three-year lows.
Why? There are three main reasons:
U.S and Iran. On Wednesday, the de-escalation of tensions between the U.S. and... »
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Changes That Could Affect RatesDec 6 2019
There are rumors that our Fed is considering an idea to abandon its present 2% target rate for inflation in favor of a floating target where inflation would be allowed to rise above 2%... »
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A Great Housing BackdropNov 22 2019
That famous line describes the current wonderful backdrop for housing and the overall U.S. economy. Many are wondering what lies ahead for housing as we enter 2020.
There are many reasons why the U.S.... »
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A Goldilocks EconomyNov 15 2019
“Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely.”
– Fed Chairman Jerome Powell, November 13,... »
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How Fast Rates Can ChangeNov 8 2019
Right now, the biggest news story to follow is the U.S. and China trade negotiations.
This past week, home loans started inching higher but were "saved" momentarily midweek when reports came out suggesting a... »
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The Remedy for Higher RatesOct 25 2019
This past week home loan rates were essentially unchanged from the previous week, breaking a trend of higher rates since the beginning of October.
Bonds hate good news and there is still plenty to... »
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Stocks and Mortgage Rates RiseSep 13 2019
This past week home loan rates ticked up sharply from the previous week leaving many wondering – have rates bottomed?
For would-be homebuyers, real estate agents, and folks working in the housing industry, here... »
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Indecision Ahead of Huge News WeekJul 26 2019
The U.S. Bond market traded in a tight sideways range, leaving home loan rates essentially at unchanged levels week over week. However, the technical picture reveals Bond market indecision as prices trade near... »
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Summer Sideways Trend ContinuesJul 19 2019
This past week had little economic data for the financial markets to react to. As a result, home loan rates have inched higher though they remain near multi-year lows.
It is normal to see... »
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Fed Cuts and Home Loan RatesJun 7 2019
"Let the good times roll" (The Cars) — For the sixth consecutive week home loan rates declined, once again fueled by the ongoing trade tensions between the US and China.
However, the decline in rates... »
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Homebridge Financial Services, Inc. Acquires Majority of HomeStreet Bank’s Stand-Alone Home Loan CentersJun 5 2019
In a move guaranteed to increase Homebridge Financial Services, Inc.’s robust mortgage lending services, Homebridge has acquired the assets of a majority of HomeStreet Bank’s stand-alone home loan centers. HomeStreet Bank is a... »
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Interest Rate DisconnectMay 31 2019
"Sell in May and go away" — an old Wall Street investment strategy which suggests not owning stocks during the Summer months.
That investment strategy certainly worked this past May as stocks declined each... »
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Trade With China Causes UncertaintyMay 17 2019
The biggest story in the financial markets and around the globe is the ongoing US/China trade negotiations.
At the moment, there is no resolution and it appears there will be no resolution for at least several... »
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Is Low Inflation Finally “Transitory”?May 3 2019
"Transitory" — defined as non-permanent or lasting a very short time — is the word Fed Chairman Jerome Powell used this week at the Fed Meeting to describe the current low inflation environment,... »
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Tame Inflation Helps Mortgage BondsMay 11 2018
"Are you optimistic 'bout the way things are going?" (Chicago) Tame consumer prices in April helped eased fears of rising inflation.
The Consumer Price Index (CPI) rose 0.2 percent in April, just below expectations,... »
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According to multiple news outlets, ranging from the internationally known Wall Street Journal to newer financial websites, such as Nerd Wallet, many people are turning to non-bank lenders, for their mortgage lending needs.... »
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HomeBridge Purchases Operating Assets of Prospect Mortgage, Becoming One of the Largest Non-Bank Mortgage Lenders in the United States
ISELIN, N.J. (February 2, 2017): HomeBridge Financial Services, Inc., a national independent mortgage lender, completed... »
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FREE Webinar for Business PartnersAug 13 2015
Are you aware of the upcoming FHA underwriting and eligibility changes and how they impact your clients? Join our FREE webinar to learn more!
Date: Wednesday, August 19
Time: 2:00 to 3:00 p.m. EST
Click here... »
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HomeBridge Launches Educational Campaign on TILA-RESPA Integrated Disclosure Rule ImplementationMar 17 2015
HomeBridge is pleased to announce the launch of a comprehensive webinar series and online knowledge center to help industry professionals prepare for the major changes that will occur once the TILA-RESPA Integrated Disclosure rule... »
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