< Back to all branch locations
admin login JOIN USOUR TEAM PARTNER WITH US

News & Resources

The multigenerational household was a fairly common occurrence until the 1950s, when it gave up ground to the lure of the suburban development and the rise of the nuclear family. Times have changed, and with them a greater appreciation for multigenerational living. Read More
Whether you live in a drought-prone area, want to reduce your utility bills, or wish to simply lower your environmental footprint this summer, there are many small adjustments you and your family can make to reduce your water and energy use. Water You Waiting For? Depending on where you live, you may not have given your water habits much thought. Read More
When you are about to make the largest purchase of your life, you need someone who will not only find you a low rate, but who gets the significance and wants to help you succeed in the most affordable way possible. After all, the terms of your mortgage will impact your household finances for years to come. Read More
There are two major themes in the market today: 1) buy stocks and 2) buy gold and bonds. Typically they don’t happen simultaneously and that should be cause for concern. Read More

Feeds

MBS RECAP: Bonds Take a Day to Digest Fed Day as Stocks Finally React

Posted To: MBS Commentary

Apparently it took the 9:30am NYSE opening bell ringer for stocks to truly realize what just happened. The Fed announcement on Wednesday was their way of saying "sorry" to stocks for the "steady as she goes" approach to tighter monetary policy in December. As of Wednesday the Fed's median outlook for the Fed Funds Rate is now half a point lower for 2019-2020 and whereas Powell said in December that the balance sheet runoff was on autopilot with no reason for that to change, the just-announced change has the Fed completely doing away with balance sheet runoff on October 1st, and taking a $15bln/mo bite out of it starting in May. So just to be clear... that's by far the biggest downward adjustment in the Fed's rate hike outlook we've seen in more than a decade...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Mortgage Rates Move Deeper Into Long-Term Lows

Posted To: Mortgage Rate Watch

Granted, we're not back to the sub-4% mortgage rates that dominated much of the past 8 years, but breaking into the high 3% range is a valid consideration after the past few days. Yesterday's surprising Fed news hit the rates that were already holding near their lowest levels in well over a year. The net effect has been a decisive break lower with the average lender easily able to offer 4.375% on a typical 30yr fixed scenario. Many lenders are at 4.25%, and the interesting thing about 4.25% is that it currently doesn't cost much more to buy your way down to the next lower rate: 4.125%. All of the above has to do with the upfront prices associated with interest rates. For instance a lender is going to earn more money from a 4.375% rate than a 4.25% rate, so they're willing to pay a bit more...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.