Below is a selection of written pieces on the areas 3Cord LLC focuses in. Feel free to click around, or contact us for more information on our service areas.
Mortgage rates are based primarily on the prices and yields of bonds. Bonds take cues from several places, but always from inflation and the economy–at least to some extent. As such, economic reports (including those focused on inflation) can have an…
The Federal Reserve hiked rates by 0.75% yesterday and 30yr fixed mortgage rates moved moderately higher. Interestingly enough, those two things are fairly unrelated. The Fed Funds Rate (the thing the Fed “hikes” when you hear about the Fed hiking rates)…
As of yesterday, the winning streak has extended to 3 days making it a bit of unicorn and begging the question: are things changing? In some ways, things are changing. We’re witnessing a bond market that is starting to question…
Now here’s a rare thing! Mortgage rates managed to move lower, on average, for the 2nd consecutive business day on Monday. That hasn’t happened for roughly 3 weeks, and you’d need to go back another 3 weeks to see the previous…
The mortgage rate world has been on a wild ride in general, and even more so in the past few weeks. The crux of the drama was a British fiscal policy announcement that sent financial markets into a tailspin just…
There were two storms brewing last week and each contributed to driving mortgage applications to generational lows. The Mortgage Bankers Association (MBA) said the continuing rise in interest rates and the devastating hurricane that hit Florida and the Carolina’s contributed to…
