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Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: February 21, 2023 and Continuing State FEMA Disaster Declaration Counties California 4/4/2023 Butte, Kern, Madera, Mariposa, Mendocino, Mono, Monterey, San Benito, San Bernardino, San Luis […]

Home loan rates have ticked higher week to week but some bad economic news halted the rise. Let's discuss what happened and look ahead into next week. Positive Bank Earnings Impact The rise in home loan rates over the last couple of weeks has mainly been in response to good news from the banking sector. […]

Overview Due to severe winter storms, straight-line winds and tornadoes in Tennessee, FEMA has declared the following counties a disaster. Incident Period: March 31, 2023 - April 1, 2023 State FEMA Disaster Declaration Counties Tennessee 4/7/2023 Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton and Wayne Re-Inspection by Product Type If your loan is […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: February 21, 2023 and Continuing State FEMA Disaster Declaration Counties California 4/4/2023 Kern, Mariposa, Monterey, San Benito, San Bernardino, Santa Cruz, Tulare and Tuolumne Re-Inspection […]

Last week home loan rates remained steady and near their best levels in six months. Let's discuss what happened and the technical factors that are limiting further rate improvement. Consumer Prices are Coming Down Consumer Prices fell in March, supporting the notion that inflation remains in a downward trend. The headline Consumer Price Index (CPI), […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Incident Period: February 21, 2023 and Continuing State FEMA Disaster Declaration Counties California 4/4/2023 Kern, Mariposa, Monterey, San Benito, Santa Cruz, Tulare and Tuolumne Re-Inspection by Product Type If your loan is … […]

Last Week in Review: Dark Clouds Helping Rates Home loan rates reached their best levels in two months on the heels of not-so-good news. Let's get into what happened and look into the week ahead. Bad News is Good News for Rates The JOLTS (Job Openings and Labor Turnover Survey) report, a leading indicator on […]

Overview Due to a severe storm, straight-line winds, and tornadoes in Mississippi, FEMA has declared the following counties a disaster. Additional counties are shown in bold. Incident Period: March 24, 2023 - March 25, 2023 State FEMA Disaster Declaration Counties Mississippi 3/26/2023 Carroll, Humphreys, Monroe Montgomery, Panola and Sharkey Re-Inspection by Product Type If your […]

Overview Due to severe storms and tornadoes in Arkansas, FEMA has declared the following counties a disaster. Incident Period: March 31, 2023 State FEMA Disaster Declaration Counties Arkansas 4/2/2023 Cross, Lonoke and Pulaski, Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA Full Doc Yes […]

Last Week in Review: Banking Fears Ease This past week, home loan rates ticked higher from the previous week in response to no dire news in the banking sector. Let's walk through the Fed Meeting and the other big events impacting the markets. Contagion Fears Subside No news was good news for stocks and bad […]