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The Tariffs and Trade War is having severe negative effects on Bond and Mortgage Back Market. Meaning, expect rates to see saw. Today we saw rates increase early by .25%, to come back down by .125%. Since last Thursday we have seen .625% increases across the board. If you haven't locked in your rate you need to consider.
10/17/2024
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Pulse of the City News - Award Winner CP FINANCIAL AND CP REALTY INC has won the coveted Pulse Award for excellence in customer service! This award has been presented to CP FINANCIAL AND CP REALTY INC by pulseofthecitynews.com
Rates are dropping. We just repriced our FNMA, FHLMC, VA loans down .5%. Please call (310) 313-1254 for details.
So Fed announces Rates Hold Steady and that Higher for Longer is in Play, but QT (Quantitative Tightening) is tapering off in June. This is VASTLY more important for mortgage rates. There is a great chance Rates to start Sliding Mid to Late May.
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4127 South Centinela Avenue
Los Angeles, CA
90066
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| Wednesday | 9am - 6pm |
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| Friday | 9am - 6pm |
