Julian Silva - Loan Officer - NMLS #1986021

06/23/2022

http://mndne.ws/V5XU2I

06/15/2022

MBS Live Morning: Traders in Position For Today's Fed Announcement. Volatility Guaranteed. It's hard to think of too many other Fed announcements with more potential volatility than today's. 4 short business days ago, the market knew exactly how much the Fed would hike and we had a very good idea of what the Fed would generally say. Then last Friday's CPI came... More here - https://www.mortgagenewsdaily.com/markets/mbs-morning-06152022

MBS Live Morning: Traders in Position For Today's Fed Announcement. Volatility Guaranteed. It's hard to think of too many other Fed announcements with more potential volatility than today's. 4 short business days ago, the market knew exactly how much the Fed would hike and we had a very good idea of...

06/09/2022

Highest Mortgage Rates in a Month Despite Afternoon Improvement. Mortgage rates moved higher this morning as the bond market reacted to a new policy announcement from the European Central Bank (ECB). If you're thinking "but that's in Europe and I live in the U.S.," you're not alone. US traders are thinking the same thing to some extent, but there... More here - https://www.mortgagenewsdaily.com/markets/mortgage-rates-06092022

Highest Mortgage Rates in a Month Despite Afternoon Improvement. Mortgage rates moved higher this morning as the bond market reacted to a new policy announcement from the European Central Bank (ECB). If you're thinking

06/08/2022

Consumers Think It's a Terrible Time To Buy, But They're Also Fairly Terrible Housing Forecasters. Fannie Mae conducts a monthly survey on homebuying sentiment, officially known as the Hope Purchase Sentiment Index (HPSI). It tracks buyer/seller attitudes on whether its a good time to buy/sell in addition to price/rate expectations. Given the ongoing surge in prices and the recent surge in rates, the latest results... More here - https://www.mortgagenewsdaily.com/news/06072022-fannie-national-housing-survey-consumers-hpsi

Consumers Think It's a Terrible Time To Buy, But They're Also Fairly Terrible Housing Forecasters. Fannie Mae conducts a monthly survey on homebuying sentiment, officially known as the Hope Purchase Sentiment Index (HPSI). It tracks buyer/seller attitudes on whether its a good time to buy/sell in ad...

06/07/2022

Housing Inventory: "Severe, Accelerating, Chronic Shortages in Every Market, in Every Price Range". In stark contrast to the recent New Home Sales data, a new white paper from Black Knight suggests that, by the time we include existing homes, there are actually "severe, accelerating, chronic shortages in every market," and "in every price range." Collateral Analytics (a division of Black Knight) compiles... More here - https://www.mortgagenewsdaily.com/news/06062022-black-knight-inventory

Housing Inventory:

06/02/2022

MBS Live Morning: What Are Bonds Watching Between Inflation Reports?. For those that prefer not to overcomplicate things, the current bond market environment can be summed up with one quick concept: rates have broadly leveled off after the fastest/largest spike since the 80s. We know inflation is the key consideration when it comes to rates departing the sideways range. But inflation-related... More here - https://www.mortgagenewsdaily.com/markets/mbs-morning-06022022

MBS Live Morning: What Are Bonds Watching Between Inflation Reports?. For those that prefer not to overcomplicate things, the current bond market environment can be summed up with one quick concept: rates have broadly leveled off after the fastest/largest spike since the 80s. We know inflation is th...

06/01/2022

Purchase Product Mix Reflects Higher Home Prices. Even though mortgage interest rates moved lower again last week, application activity continued to decline. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, decreased 2.3 percent on a seasonally adjusted basis and 3.0 percent before adjustment during the week ended May 27. ... More here - https://www.mortgagenewsdaily.com/news/06012022-mortgage-application-volume

Purchase Product Mix Reflects Higher Home Prices. Even though mortgage interest rates moved lower again last week, application activity continued to decline. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, decreased 2.3 percent on a seasonally...

05/27/2022

MBS Live Morning: "Little-Changed" Friday, Both For Bonds and Inflation. Today begins with the much-anticipated PCE inflation data coming in right in line with expectations. The result: a bond market that was already mostly unchanged in the overnight session remains mostly unchanged in early trading. With yields hovering around the best levels in more than a month, it's hard to... More here - https://www.mortgagenewsdaily.com/markets/mbs-morning-05272022

MBS Live Morning:

05/25/2022

Have Rates Finally Turned a Corner?. Mortgage rates fell again today, bringing them even deeper into their best levels in over a month, but caveats abound. First off. They're still quite high in the bigger picture. Moreover, much of the recent drop was arguably made possible by an equally abrupt spike that began in the last... More here - https://www.mortgagenewsdaily.com/markets/mortgage-rates-05252022

Have Rates Finally Turned a Corner?. Mortgage rates fell again today, bringing them even deeper into their best levels in over a month, but caveats abound. First off. They're still quite high in the bigger picture. Moreover, much of the recent drop was arguably made possible by an equally abrupt spi...

05/25/2022

If you’re looking to make a home purchase, now could be the time to act. Experts forecast home prices will keep rising, which means the longer you wait, the more you could end up paying for your home. DM me so you have a mortgage professional on your side who can help you buy now if you're ready.

05/24/2022

Lowest Rates in More Than a Month. Mortgage rates have generally been moving lower for more than 2 weeks now. Today's gains were enough to bring them to their best levels in just over a month. Compared to the most recent highs (also the highest levels in more than a decade), the average lender has improved by... More here - https://www.mortgagenewsdaily.com/markets/mortgage-rates-05242022

Lowest Rates in More Than a Month. Mortgage rates have generally been moving lower for more than 2 weeks now. Today's gains were enough to bring them to their best levels in just over a month. Compared to the most recent highs (also the highest levels in more than a decade), the average lender has i...

05/24/2022

MBS Live Morning: Lowest Yields in Almost a Month After Stocks Stumble Early. Another day, another headline with the word "stocks." Yesterday it was a stock market recovery pulling bond yields higher. Today it's renewed weakness in equities leading yields to their lowest levels since late April. But in today's case, we have to acknowledge the bond market's leadership in the rally, at... More here - https://www.mortgagenewsdaily.com/markets/mbs-morning-05242022

MBS Live Morning: Lowest Yields in Almost a Month After Stocks Stumble Early. Another day, another headline with the word