Randy Walsh Mortgage Loan Officer Nmls#1750516

02/23/2023

Earlier this morning, HUD released details of a long-anticipated plan to reduce the annual MIP (mortgage insurance premiums) that are currently charged to FHA borrowers by 30 Basis Points (0.3% of the loan balance). HUD Secretary Marcia Fudge made the announcement today at Bowie State University. Th...

01/13/2023

If Rates Are at 4-Month Lows, Why Does The Fed Say They're Going Higher?

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01/13/2023

Mortgage rates officially hit their lowest levels in 4 months after this week's inflation data. Despite the recent progress, Fed officials continue to talk about keeping rates high "for as long as possible." Who's telling the truth? First off, we know that mortgage rates are at 4 m...

12/16/2022

Just in time for the Holidays!

12/16/2022

It was a critical week for financial markets and especially for rates as investors digested the latest inflation data and the Fed's smaller rate hike.  In fact, the latest inflation data could be thought of as the most important and most persistent focus for rates all year long. When it...

12/13/2022

There aren't many scheduled economic reports that are as hotly anticipated as was today's Consumer Price Index (CPI).  The market's reaction more than validated the anticipation.  What does all this mean for rates? Inflation is always an important consideration for inte...

12/02/2022

Here's your weekly look at the markets!

Enjoy this quick update on what's going on in the housing and financial markets.

11/29/2022

https://www.mortgagenewsdaily.com/markets/mortgage-rates-11282022

11/29/2022

Excitement, volatility, non-stop action... concepts that have absolutely nothing to do with mortgage rate movement over the course of the past two weeks.  In fact, since rates plummeted in response to the November 10th CPI data, they've been as flat as we've seen in 2022. This is th...