Enterprise Lending Group, Inc. NMLS #373925

10/04/2023

10/04/2023

It was an honor to be invited to the NY Stock Exchange closing bell by UWM Wholesale Lending.

09/16/2023

https://1l.ink/J58PKNX

02/01/2023

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.9% in the last quarter of 2022, which is statistically unchanged from the fourth quarter reading (66%). It is 0.4 percentage points higher than the rate in the fourth quarter of 2021. The national renta...

12/13/2022

Mortgage rates moved moderately lower today after new economic data showed a big drop in the cost of labor in Q3.  Labor costs are one of the places the Fed looks for evidence that inflation is ...

11/30/2022

Powell has all but guaranteed a 50bp hike in December and a generally slower pace of rate hikes going forward.  The source is important here as Bullard gave us a key clue/reminder yesterday about...

11/29/2022

Mortgage application volume increased for the second consecutive week as interest rates continued to decline. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of tha...

11/18/2022

One unfortunate side effect of the general hyperfocus on inflation as the biggest issue facing markets is that bonds have been able to bounce from one CPI and Fed meeting to the next for the bigg...

11/11/2022

Roughly 2 weeks ago, home price indices (HPIs) from Case Shiller and the FHFA came out for the month of August.  Both were in agreement that prices declined slightly more rapidly than they had in...

11/11/2022

Huge rate drop over night !

https://enterprise-lending.com/

Today's Market Summary Report

11/10/2022

Back in Business Lol

Heading into this week, we knew that Thursday's Consumer Price Index (CPI) would be critically important. It did not disappoint. CPI is one of two key inflation reports in the US.  PCE (Persona...

11/02/2022

FED'S POWELL: AT SOME POINT, IT WILL BECOME APPROPRIATE TO SLOW PACES OF RATE HIKES FED'S POWELL: THERE IS SIGNIFICANT UNCERTAINTY AROUND THAT LEVEL OF INTEREST RATES FED'S POWELL: WE STILL HAVE...