• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Retail sales and inflation news hit the wires.

    In This Issue Last Week in Review: Retail sales and inflation news hit the wires.Forecast for the Week: Look for important housing and manufacturing reports in the middle of the week. Plus, the Fed meets!View: Time is money, so make your calendar work for you. Check out the simple tips below. Last Week in Review “And now… the rest of the story.” Paul Harvey. With his famous line, Paul Harvey

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It Only Takes a Minute – Fed

  Similar to the song by Tavares “It only takes a minute girl”, it only takes a minute Fed…to fall in price.  Bond prices were initially headed lower yesterday as the thought of the Fed ending Bond purchases was not to the Bond market’s liking.  The Stock market was also concerned about the Fed Minutes because of this key point – many Fed members think that QE should be ended sooner

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Mortgage Rates Unchanged To Slightly Higher Heading Into 3-Day Weekend

Mortgage rates moved modestly higher for some lenders today, while others remained closer to unchanged territory.  Following Wednesday’s swing to 6-month highs, this leaves the average rate sheet somewhere between there and yesterday’s.  In terms of the actual interest rate, 3.625% remains as the most prevalent “best-execution” rate, with relatively small adjustments in costs vs yesterday.  Market movements during US trading hours have been relatively subdued for mortgage-backed-securities, or “MBS,” that most

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Mortgage Rates Jump To Highest Levels Of The Year

Mortgage rates surged higher at their quickest pace since late January on Wednesday eclipsing the previous highs of the year seen around the same time.  For many lenders–and for the first time since mid 2012, this takes Best-Execution for 30yr Fixed, Conventional Loans back up to 3.75%.  Some lenders remain at 3.625% and lower rates are still quite viable in certain situations.  As always, remember that what we refer to as “best-execution”

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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