Mortgage Interest Rates
By Ryan Casey Stephens, FPQP®Special Contributor Afternoon high temperatures are on the rise, plants everywhere are in full bloom, school is wrapping up, and summer break is just around the corner. If you think it sounds like I’ve got sunshine in my eyes, you’re not wrong. After months of frustrating headlines, the real estate industry…
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By Ryan Casey Stephens, FPQP®Special Contributor There’s a lot of anticipation in the market this week as we await the final result of two crucial inflation metrics. Conventional mortgage rates, largely determined by support for mortgage bonds, have taken a beating lately. Based on expert opinion I called for lower inflation and improved mortgage rates…
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By Ryan Casey Stephens, FPQP®Special Contributor Famous NSYNC member, Justin Timberlake, once sang, “It’s gonna be May.” Well, he didn’t sing that exact lyric, but I love a good internet meme. And while that song line might not be real, there’s a good chance that it’s gonna be May: the month that might finally bring…
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By Ryan Casey Stephens, FPQP®Special Contributor Mortgage interest rates will trend in an upward or downward direction this year, but it will not be a straight line. It’s normal to expect stretches of higher and lower rates, regardless of the overall trend line. Experts believe we might be entering another slump where slightly higher interest…
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By Ryan Casey Stephens, FPQP®Special Contributor I love spring weather, but likely not for the reasons that first come to mind. Bluebonnets and warm afternoons are great, don’t get me wrong, but it’s a mighty thunderstorm I love most. This time of year they result from cold air from the northwest clashing with warm air,…
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