Three Things to Know
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 At the time of this writing, mortgage bonds and interest rates are nearing their second-worst levels since February and there’s a lot of room to the downside. We’ve generally enjoyed rates dropping each week since the first week of March, which spurred a burst of activity in our local…
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By Ryan Casey Stephens, FPQP®Special Contributor As you drove your car today, how much time did you spend glancing at your rearview mirror? Did you know that driving experts suggest looking up at your rearview mirror every 5 to 8 seconds? That means on an average 30-minute drive, you might look behind you as many…
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