April’s CPI Numbers: A Springboard for a Promising Summer in Mortgage Rates
By California Platinum Loans / May 10, 2023
April's Consumer Price Index (CPI) figures are out, and the data, while not as encouraging as anticipated, still brings some...
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Deciphering the Dynamics: How Housing Market Trends Could Influence Future Mortgage Rates
By California Platinum Loans / May 9, 2023
Examining the data from the Mortgage Brokers Association survey, the majority of respondents saw an increase in home prices, with...
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Crunching Inflation Numbers: Navigating the Unexpected Changes in the Financial Landscape
By California Platinum Loans / May 8, 2023
It's a cloudy day for the bond market, with mortgage bonds down 25 basis points and the 10-year treasury yield...
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Unraveling the Mixed Signals: Dissecting the Jobs Report and Its Impact on the Bond Market
By California Platinum Loans / May 5, 2023
The bond market showed mixed signals today, as the jobs report indicated a stronger headline number than expected, but revisions...
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Fed Raises Interest Rates Once More Amid Economic Uncertainties: Could it Be the Last Hike for the Time Being?
By California Platinum Loans / May 3, 2023
In a bold and possibly conclusive step to combat enduring inflation, the Federal Reserve escalated interest rates by a quarter...
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Defying Recession Warnings: Fed’s Rate Hike Decision Threatens Banking Sector and Future of Mortgage Rates
By California Platinum Loans / May 3, 2023
The Federal Reserve is expected to raise rates by another 25 basis points, even though many believe this is a...
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The Dynamic Financial Landscape: Home Prices, Mortgage-backed Securities, and the Impact of Jobs Data
By California Platinum Loans / May 2, 2023
In March, home prices substantially increased, following a notable gain in February. Mortgage-backed securities have risen by 27 basis points,...
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Housing Market Defies Crash Predictions: Resilient Growth Amid Fed Rate Hikes and Recession Fears
By California Platinum Loans / May 2, 2023
In the wake of the Fed's decision to raise interest rates, many predicted a housing market crash with 20% drops...
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Navigating the Financial Landscape: Mortgage Bonds, Debt Consolidation, and Rate Hike Prospects
By California Platinum Loans / May 1, 2023
In today's market update, we're discussing the current state of mortgage bonds, debt consolidation, and the potential for more rate...
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March PCE Report Signals Promising Trend: Inflation Gradually Approaching Fed’s Comfort Zone
By California Platinum Loans / April 28, 2023
The PCE (Personal Consumption Expenditure) report for March showed positive results, with a significant drop in the headline year-over-year number...
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