Current Mortgage Rates for Monday, January 23, 2017

January 23, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Markets focus on Trump With the Fed in blackout mode ahead of their FOMC meeting next week, and little economic... View Article

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Treasury Secretary Nominee Steven Mnuchin Calls for Housing Reform

January 23, 2017 by Leave a comment

Last Month: Markets think Mnuchin wants privatization Earlier last month, Donald Trump’s pick for Treasury Secretary Steven Mnuchin stated that getting Fannie and Freddie out of government control is “on the top 10 list of things that we’re going to get done.” He went further, stating: “It makes no sense that these are owned by... View Article

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Trump Reverses Reduction in FHA Mortgage Insurance Costs

January 20, 2017 by Leave a comment

On January 27th, new cuts to the FHA’s mortgage insurance premiums were supposed to go into effect. That won’t be happening now, though. Earlier in the month, Julián Castro, the outgoing Secretary of the Department of Housing and Urban Development, announced  a 25 basis point cut in mortgage insurance for FHA borrowers. “After four straight years of growth... View Article

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Current Mortgage Rates for Friday, January 20, 2017

January 20, 2017 by Leave a comment

Happy Friday and welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic news happening today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Treasury yields are on pace this morning to log their first weekly gain in a month. Positive inflation... View Article

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Current Mortgage Rates for Thursday, January 19, 2017

January 19, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Stronger inflation data (CPI, Industrial Production, Beige Book) out yesterday pushed up treasury yields, driving mortgage rates higher. That trend... View Article

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Current Mortgage Rates for Wednesday, January 18, 2017

January 18, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Treasury yields are on the rise this morning. Investors this morning are a) pleased with the inflation readings in the... View Article

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Take a Peek Inside California’s Famous “Flintstone House”

January 17, 2017 by Leave a comment

Okay, so this isn’t actually the house of Bedrock couple Fred and Wilma. It’s a little too, well, three-dimensional for that. It’s still pretty darn cool, though. The 2,730 square foot home was designed and built in 1976 by architect William Nicholson and builder Wayne Da San Martino. And it wasn’t constructed like any other house.... View Article

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Current Mortgage Rates for Tuesday, January 17, 2017

January 17, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Potential conflict in the Republican Party, Theresa May’s speech, and some fedspeak is causing U.S. treasury yields to decline this... View Article

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