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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
The Fed Did NOT Cut Mortgage Rates, But Trump Tried!
8/2/2019
Is There Really Trouble in The Housing Market?
7/26/2019
The Other Side of This Week's Scary Housing News
7/19/2019
Why a Fed Rate Cut Might Mean Higher Rates
7/12/2019
Jobs Report Fires Warning Shot For Rates
7/5/2019
Rates Are Low. They're Also High. What's Up With That?
6/28/2019
Fed Confirms Market's Hopes, But There's a Catch
6/21/2019
Low Rates Lighting a Fire Under Housing/Mortgage Markets
6/14/2019
Time For the Next Refi Boom?
6/7/2019
Another Wild Week Leaves Rates at Long-Term Lows
5/31/2019
Let's Put "Weaker" Home Sales in Perspective
5/24/2019
Rates Near Lowest Levels in Over a Year
5/17/2019
Why Aren't Mortgages Falling as Fast as Other Rates?
5/10/2019
Big Bounce in Home Sales And What it Could Mean For Prices
5/3/2019
Housing Market Gearing Up For a Big Week Ahead
4/26/2019
Did Rates Get Too Good To Last?
4/12/2019
After Massive Response Last Week, Are Low Rates Already Gone?
4/5/2019
Best Month in a Decade For Mortgage Rates!
3/29/2019
Rates Dropping Fast as Home Sales Bounce Back
3/22/2019
Lowest Rates in 14 Months And More Volatility Ahead
3/15/2019
Housing Pops; Rates Drop
3/8/2019
Home Sales Bouncing Back, But So Are Rates
3/1/2019
Why The Housing Market Cares About The Fed
2/22/2019
Why 2019 Could Actually be Great For Housing and Mortgage Markets
2/15/2019
Lowest Rates in a Year, And They Could Go Even Lower. What Changed?
2/8/2019
Why We're Seeing Huge Moves in Home Sales, Prices, and Rates
2/1/2019
Housing Market Weakness Depends on Perspective
1/25/2019
Is This The Last Chance for Low Rates?
1/18/2019
Does Housing Care About The Shutdown?
1/11/2019
Is Everything Already Changing in 2019?
1/4/2019
Big Risks and Opportunities Heading Into The New Year
12/28/2018
What's Up With Market Madness After Fed's Rate Hike?
12/21/2018
The Fed Will Hike, But Rates Could Keep Falling
12/14/2018
Just When You Thought It Couldn't Get Any Crazier
12/7/2018
Are The Highest Interest Rates Behind Us?
11/30/2018
Housing Showing Some Signs of Stabilizing
11/23/2018
Rates Actually Fell to Recent Lows This Week
11/16/2018
Who Gets The Blame For Higher Rates?
11/9/2018
Why Strong Job Gains Hurt Both Sides of The Market
11/2/2018
Here's Why You Can't Trust The News When it Comes to Stocks and Interest Rates
10/26/2018
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
7.09%
+0.07
--
15 Yr. Fixed
6.56%
+0.03
--
30 Yr. FHA
6.62%
+0.07
--
30 Yr. Jumbo
7.35%
+0.04
--
5/1 ARM
7.30%
+0.06
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.08%
-0.10
0.63
15 Yr. Fixed
6.61%
+0.01
0.65
30 Yr. FHA
6.89%
-0.03
0.94
30 Yr. Jumbo
7.22%
-0.09
0.58
5/1 ARM
6.56%
-0.04
0.66
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
7.02%
-0.42
0.00
15 Yr. Fixed
6.28%
-0.48
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
98.78
-0.24
UMBS 6.0
100.40
-0.15
UMBS 6.5
101.75
-0.10
GNMA 5.5
99.52
-0.17
GNMA 6.0
100.78
+0.04
GNMA 6.5
101.59
+0.02
US Treasuries
Yield
Change
2 YR
4.828
+0.030
5 YR
4.447
+0.050
10 YR
4.422
+0.045
30 YR
4.561
+0.055
Pricing as of:
5/17 5:59PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
May 15
198.1
0.51%
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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