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News for the Home Mortgage Loan Industry in Omaha, Nebraska, Iowa, and Colorado, and surrounding areas

12.07.20

Job Gains Fall Short

Investors reacted this week to major economic data, Covid headlines, and negotiations in Congress for an additional aid package. Despite the wide range of news, however, it was a relatively…

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11.30.20

Strong New Home Sales

The short holiday week was a relatively quiet period for mortgage rates. A large batch of economic reports on Wednesday had little impact, and rates remained near record low levels….

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11.09.20

Divided Government

During a week of election uncertainty, mortgage markets held relatively steady, as investors expect that control of the government will remain divided between the Democrats and the Republicans. In addition,…

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10.28.20

Housing Sector Shines

Increased expectations for additional government stimulus were modestly negative for mortgage markets this week, while strong housing data had little impact. Rates ended a little higher but remained near record…

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08.31.20

New Home Sales Surge

It was a volatile week for mortgage rates with stronger than expected housing data, big news from the Fed, and a postponement of the new fee on refinances. The net…

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08.11.20

Massive Job Gains Continue

This week’s important economic reports modestly surpassedinvestor expectations, and the economic recovery has continued to befaster than anticipated. Despite the strong data, though, mortgagerates dropped slightly to fresh record low…

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07.19.20

Consumer Spending Surges Again-July 2020

While the most significant economic data was stronger than expected this week, investors remained more focused on the concerning spread of the coronavirus in many areas. Mortgage rates dropped slightly…

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06.29.20

Improving Housing Market – June 2020 Edition

The housing and inflation data released this week contained no major surprises, and investors were mostly focused on the concerning increase in the spread of the coronarvirus in several states….

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06.16.20

Fed Helps Bonds – June 2020 Edition

While it was a volatile week for stocks, the mortgage market remained relatively calm. Wednesday’s Fed meeting contained favorable news for bonds, and mortgage rates ended the week lower. Since…

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06.01.20

Inflation Drops – May 2020 Edition

While the stock market posted nice gains this week, mortgage markets were relatively quiet. Daily volatility remained low, and the change in rates for the week again was small. One…

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