Haley Thayer

Personal Mortgage Consultant (Institutional & Private Money) in CA NMLS #1769014 CA DRE #02156712 @ResFirstCapital @Emmy & @Promax winner @YouTube

[Haley Thayer @HaleyThayer_]

November Housing Report:

A 4% rate? That's unheard of in this market... right?

Wait until you hear about a loan program that allows you to save thousands of dollars for the first 3 years of your mortgage.

Reach out to me today to talk about your options:

[Fred Stewart @fredstewartpdx]

FOMC Minutes Show Concern That Markets Do Not Believe the Fed's Resolve https://t.co/0LXC5qaQLK #politics #political #economy

[Rich E Blanchard @RichBlanchard]

Mortgage Rates Still in Good Shape After Fed Minutes @mortgagenewsmnd https://t.co/YROg3I9TZx #mortgagerates via @mbslive

[MarketWatch @MarketWatch]

Stock market got a ‘Santa Claus rally’ after all https://t.co/1rYVUIYTsX

[Haley Thayer @HaleyThayer_]

Home values are dropping and mortgage rates are starting to trend lower. It's a great time for buyers to negotiate in a market that is slowing down.
https://t.co/h1iJqJzrUN

[Haley Thayer @HaleyThayer_]

The inflation component inched higher to 4.6% from 4.5% in the first read. The personal savings rate fell to 2.8% from 3.3%.

[Haley Thayer @HaleyThayer_]

After two straight negative quarterly readings for economic growth in 2022, Gross Domestic Product (GDP) rose by 2.9% in the second read from Q3 and up from the first look of 2.6%. The report showed that consumer spending was up 1.7% versus the 1.4% estimated.

[Haley Thayer @HaleyThayer_]

The Unemployment Rate remained at 3.7% while the Labor Force Participation Rate fell to 62.1%, below the pre-pandemic level (Feb 2020) of 63.4%. Hourly earnings rose 0.6% monthly, above the 0.3% expected.

[Haley Thayer @HaleyThayer_]

Job growth came in above expectations in November but it was the lowest print this year. Non-Farm Payrolls rose 263,000 versus the 200,000 expected and down from 284,000 in October.

[The Mortgage Reports @mortgagereports]

If you are still in good standing credit-wise, you’ll likely have more options for reducing your mortgage payments through a refinance. With some planning, you can give yourself leeway to get back to a more secure stage of life.

https://t.co/BjgWwyh5fb

[MarketWatch @MarketWatch]

Stocks fell through a key support on Tuesday and it looks like some recent momentum has now petered out. The new line in the sand for the S&P 500 seems to be 3,900. What’s clear is that the U.S. stock market is still in a bear market. https://t.co/O84IKSxpbJ

[Haley Thayer @HaleyThayer_]

MBA: Market Composite Index -0.8%, Refinance Index -12.9%, Purchase Index +3.8%. the 30-yr fixed-rate mortgage fell 18bp to 6.49% for the week ending November 25. This is ahead of Fed Chair Powell's speech today.

[Haley Thayer @HaleyThayer_]

October Pending Home sales -4.6% vs -5% expected and up from the -8.7% in September.

[Haley Thayer @HaleyThayer_]

The JOLTS report shows the number of job openings inched lower to 10.334 million at the end of October. The Chicago PMI at 37.2 in November vs 47 expected and down from 45.2 in October.

[📈 Len Kiefer 📊 @lenkiefer]

As rates go (up), home purchase mortgage applications go (down).

As rates have eased off of 7%, heading back to around 6.5%, U.S. home purchase applications have bounced back a bit.

[Lillian Wong @lillianwong]

Pending Home Sales Decline for Fifth Month in a Row https://t.co/uhZDwARtJz

[MortgageMarketGuide @MMGtweet]

MBA: Market Composite Index -0.8%, Refinance Index -12.9%, Purchase Index +3.8%. the 30-yr fixed-rate mortgage fell 18bp to 6.49% for the week ending November 25. #housing #rates

[National Mortgage News @NatMortgageNews]

Lenders that offer streamlined refinances in the future shouldn't be required to consider the borrower's income or employment status, @MBAMortgage argued.

By @Orla_McCaffrey

https://t.co/Pga4RcBRqu

[MarketWatch @MarketWatch]

The economy grew at an annual 2.9% pace in the third quarter, updated figures show.

The main engine of the economy, consumer spending, increased at a 1.7% annual clip in the third quarter, the government said. Previously the increase was put at 1.4%. https://t.co/DMm9Vpu5GN

[Bill McBride @calculatedrisk]

Inflation Adjusted House Prices 3.3% Below Peak
House Price-to-Rent Ratio Declines to 4.7% Below Peak https://t.co/c8Bbr4DyjN

[Residential First Capital @ResFirstCapital]

November ADP 127K vs 200K expected and down from 239K in October.
The second read on Q3 GDP 2.9% vs 2.7% expected and up from the first read of 2.6%.