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CONTACT ME
Stewart Sadler
Managing Partner, Cornerstone Mortgage Group
Managing Partner
Cornerstone Mortgage Group
Company NMLS 147913 Individual NMLS 147938 Georgia Residential Mortgage Licensee – 21412
41 Marietta Street alpharetta, Georgia 30009
CONTACT ME
Contact Me
678-578-7605
ssadler@cmghl.com
cmg-homeloans.com/
ssadler@cmghl.com
cmg-homeloans.com/
CONTACT ME
Recent News
Highest Inflation in Decades, But Housing Has a Bigger Problem
5/28/2021
What Are Rates and Housing Worried About?
5/21/2021
Big Inflation Scare, But Rates Remain Resilient
5/14/2021
Rates Reacted to Jobs Report, But Not Like You'd Expect
5/7/2021
Moment of Truth For Rates and Housing
4/30/2021
15-Year High For New Home Sales, But Prices Are Flat. Here's Why
4/23/2021
Best 2 Weeks For Rates in Nearly a Year
4/16/2021
Victory For Rates; Hope For Housing Inventory?
4/9/2021
Who's Lying About The Housing Market?
4/2/2021
Rates Catch a Break. Will it Last? What's The Impact on Housing?
3/26/2021
More Mortgage Drama--Especially For Investment and 2nd Home Loans
3/19/2021
Highest Rates in a Year; Big Drama For Investment Property Loans
3/12/2021
Rates Rising Relentlessly, But Why? And When Will They Stop?
3/5/2021
Brutal Week For Rates But There's Hope (Hopefully)
2/26/2021
Time to Wake Up To The New Mortgage Rate Reality
2/19/2021
When Will The Mortgage Market Actually Care About Rising Rates?
2/11/2021
Rates Under Pressure Despite Weak Jobs Report
2/5/2021
Rising Rate Risks Returning
1/29/2021
More Stellar Housing Numbers. How Long Can They Last?
1/22/2021
Refi Demand Surges as Mortgage Volatility Comes Roaring Back
1/15/2021
Have We Seen The End of Record Low Rates?
1/8/2021
Mostly Charts And Quick Takes on Housing and Rates
12/18/2020
Time To Think About Mortgage Rate Complacency (Before It's Too Late)
12/11/2020
Mortgage Rate Rules Are Completely Out The Window
12/4/2020
Biggest Housing Boom Since 2006 And The Truth About "All-Time Low" Rates
11/20/2020
New Loan Limits Soon; Refi Fee Confusion; and Rate Volatility
11/13/2020
Election Week Was a Win For Mortgage Rates
11/6/2020
2016 Reminds Us How Completely Crazy Next Week Could Be For Rates
10/30/2020
Don't Believe This Week's Mortgage Rate News. Here's Why
10/23/2020
All-Time Low Mortgage Rates? Not Exactly...
10/16/2020
Interest Rates Increasingly Focused on Stimulus
10/9/2020
Rates Ignore Trump's Covid Diagnosis. Has The Bond Market Gone Crazy?
10/2/2020
Stellar Housing Data; Refresher on New Refi Fee
9/25/2020
Here's What The Fed's 0% Rate Means For Mortgages and Housing
9/18/2020
Critical Updates For Anyone Buying or Refinancing
9/11/2020
The Uncommonly Strong Case For Locking a Mortgage Rate
9/4/2020
Huge Developments in The Mortgage World. Are You Getting The Whole Story?
8/28/2020
Best Housing Market Since 2007, But There's a Catch
8/21/2020
Mortgage Rates Are Not 1.99%. In Fact They're Back Over 3%
8/14/2020
The Rate Also Rises
8/7/2020
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
6.86%
-0.05
--
15 Yr. Fixed
6.31%
-0.02
--
30 Yr. FHA
6.32%
-0.06
--
30 Yr. Jumbo
7.04%
-0.03
--
5/1 ARM
6.53%
-0.02
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.00%
-0.03
0.60
15 Yr. Fixed
6.63%
+0.07
0.61
30 Yr. FHA
6.87%
-0.03
0.92
30 Yr. Jumbo
7.13%
+0.02
0.38
5/1 ARM
6.22%
-0.16
0.60
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
6.78%
-0.08
0.00
15 Yr. Fixed
6.07%
-0.09
0.00
Source: Freddie Mac
CONTACT ME
Market Data
MBS
Price
Change
UMBS 5.5
99.68
+0.27
UMBS 6.0
101.04
+0.15
GNMA 5.5
99.98
+0.13
GNMA 6.0
100.89
+0.10
US Treasuries
Yield
Change
2 YR
4.376
-0.054
5 YR
4.077
-0.055
10 YR
4.196
-0.047
30 YR
4.452
-0.031
Pricing as of:
7/26 5:59PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Jul 10
206.1
-0.19%
Building Permits
Mar 1
1.46M
-3.95%
Housing Starts
Mar 1
1.32M
-13.15%
New Home Sales
Mar 1
693K
4.68%
Pending Home Sales
Feb 1
75.6
1.75%
Existing Home Sales
Feb 1
3.97M
-0.75%
Builder Confidence
Mar 1
51
6.25%
Economic Calendar
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