Posts by admin

The Market Moving Forward

As recently discussed on our blog, the market currently lies in favor of sellers as opposed to buyers, an analysis which is likely to change as buyers may have the opportunity to step forward later this year. News of mortgage rates and home prices increasing by mid 2019 gives potential homebuyers the chance to reconsider…

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Ideas for Brightening Your Summer Space!

What better time to brighten up your outdoor space than during the summer? Here are some simple and exciting tips to not only brighten up your backyard, but your Monday too! Often times, homeowners may think that making a space feel new can only be achieved through costly renovations. We challenge this today beginning with…

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Mortgage Credit News By Louis S. Barnes – 6/29

It’s early for that bugaboo, but it is mercifully obscured by another one: “yield curve inversion.” First the data, then define the terms, study the patterns, and make a wild guess. Monthly orders for “durable goods” are a valid signal for business conditions, and the word from May was surprising: volatile orders for transportation aside…

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Mortgage Credit News By Louis S. Barnes – 6/22

Markets held tight ranges this week, the 10-year T-note entering its sixth month trading between 2.90% and 3.00%, lowest-fee mortgages roughly 4.75% throughout. The week brought little new economic data, and efforts to think about anything were discombobulated by political eruptions. The most important economic aspect, the onset of tariff war was still tops on…

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Mortgage Credit News By Louis S. Barnes – 6/15

Long-term US interest rates today are the same as one week ago. How we have arrived at unchanged is a good yarn. The eventful last week began with the G-7 meeting and our declaration of war on Canada. Prime Minister Trudeau got his “special place in hell” by objecting to US tariffs imposed by Trump…

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Mortgage Credit News By Louis S. Barnes – 6/8

This past week has been quiet in anticipation of the five-ring circus in the week ahead. The program: G7 meetings underway now and through the weekend, the Kim summit and European Central Bank (ECB) on Tuesday, the Fed on Wednesday, and the Bank of Japan (BOJ) on Thursday. Each event can have significant economic effect,…

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Making Paying Off Your Mortgage Early a Feasible Option

For some, attempting to pay off your mortgage early may seem like a pipe dream. Though like with most things, every effort to make it happen gets you closer to reaching your goal. On our Mortgage News blog today: tips to pay off your mortgage early while reducing costs! Before considering any of the tips…

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Experts Suspect Buyers to Dominate the Housing Market In 2019

The news is good for potential Denver Metro residents. Recent Real Estate data and housing market trends predict that there will be a flood of lower housing prices in the market come 2019. Chief Economist of Zillow, Svenja Gudell, highlights the cause of these lower prices: “As the number of homes for sale increases and…

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Mortgage Credit News By Louis S. Barnes – 6/1

All of these forces in play: the Kim summit, Italy, Fed, tariffs, inflation, economy, jobs, and the president — which are drivers, and which are noise? This week markets told us. And when the Fed finishes its meeting on June 13, markets will tell us a lot more. The two biggest financial markets are stocks…

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Mortgage Credit News By Louis S. Barnes – 5/25

On the Friday before Memorial Day markets close early, and the whole week is usually a snoozer, Wall Street big shots already headed for the Hamptons to kick sand on weaklings. Surprise! And not just one… too many to count. In the biggest effect of all of the surprises, long-term rates have come down —…

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