Lyn Bradford Real Estate

10/25/2021

This Week's Mortgage Rate Summary
How Rates Move:
Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. When MBS pricing goes up, mortgage rates or pricing generally goes down. When they fall, mortgage pricing goes up. Tracking these securities real-time is critical. For more information about the rate market, contact me directly. I’m among few mortgage professionals who have access to live trading screens during market hours.

Rates Currently Trending: Lower
Mortgage rates are trending slightly lower this morning. Last week the MBS market worsened by -36 bps. This was enough to worsen mortgage rates or fees. The MBS market was moderately volatile last week.

This Week's Rate Forecast: Neutral
Three Things: These are the three areas that have the greatest ability to impact rates this week. 1) Central Bank, 2) Inflation, 3) Domestic News

10/23/2021

Just reduced $100k!!! Do you think we’ll have multiple offers?

10/22/2021

Where oh where to buy??

Low interest rates, pandemic-era savings and a hybrid-work revolution are making it more feasible for people to split their time.

10/17/2021

Studio Coth hills

10/16/2021

wokeness....

from Landlord to Housing Provider ...

Landlords are not protected or oppressed class—their identity preference is irrelevant.

10/14/2021

“They turned a one-car garage into a stunning ADU to house their parents. You can too https://www.latimes.com/lifestyle/story/2021-10-14/adu-reenvisions-the-family-backyard-in-atwater-village”

Design, Bi***es transformed a garage into a stunning ADU in Atwater Village. It is one of more than a dozen designs through the city’s ADU program.

10/01/2021

“California’s broader economic environment continues to show signs of gradual improvement, but the housing market continued to subside from the red-hot levels it began the year with. Home sales in September are on track to corroborate the decline in August pending sales, but prices remain relatively stable from where they were last month. An encouraging sign for buyers is that slightly fewer homes are selling above asking price and homes are staying on the market for slightly longer as well, so previously discouraged would-be homeowners may be beginning to see some signs of hope.”

09/27/2021

New Zealand tiny modern !!

This ultra modern tiny house on wheels is truly something to behold. With it's jet black exterior, super clever design and incredibly high quality of craftsm...

09/24/2021

The present is a gift xo

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.

09/20/2021

If you’re a landlord, this is interesting…

Listen now (8 min) | To investors, I hope each of you had a great weekend. At the end of last week, I saw a chart that really confused me. It showed the difference between the CPI Rent Index and the Zillow Rent Index. These numbers show that Zillow is estimating rents are increasing about 5.5% to 6%...