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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
Fed Hikes, But Rates Fall; Big News Next Week
9/28/2018
Rates Spike Ahead of Fed. Is There Any Good News?
9/21/2018
Rates Paying Price For Sunny August
9/14/2018
Booming Economy's Unintended Victims
9/7/2018
Rate Volatility Lowest in Decades; Is Housing a Factor?
8/31/2018
Latest Pros and Cons on Housing and Rates
8/24/2018
Are Home Prices Finally Pumping the Brakes?
8/24/2018
Scary Low Housing Numbers? Not Exactly
8/17/2018
Let's Talk Turkey: Do US Markets Care?
8/10/2018
Affordability at 10-Year Low, Tariffs and Rate Hikes Made It Worse
8/10/2018
Glimmers of Hope For Home Sales and Rates
8/3/2018
Mortgage Rates See Glimmer of Hope After Jobs Data
8/3/2018
Putting Home Sales Slowdown in Perspective
7/27/2018
Fannie Sees Growth Slowing, Turns Bearish on Housing
7/23/2018
Should We Worry About a Housing Slowdown?
7/20/2018
Lowest Rates Since May, But There's a Catch
7/13/2018
Don't be Fooled by Trade War News
7/6/2018
Who (or What) Is Pulling The Strings?
6/29/2018
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
7.37%
-0.04
--
15 Yr. Fixed
6.82%
-0.02
--
30 Yr. FHA
6.82%
-0.06
--
30 Yr. Jumbo
7.55%
-0.05
--
5/1 ARM
7.42%
-0.08
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.24%
+0.11
0.66
15 Yr. Fixed
6.75%
+0.11
0.64
30 Yr. FHA
7.01%
+0.11
0.94
30 Yr. Jumbo
7.45%
+0.05
0.56
5/1 ARM
6.64%
+0.12
0.87
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
7.22%
-0.22
0.00
15 Yr. Fixed
6.47%
-0.29
0.00
Source: Freddie Mac
CONTACT ME
Market Data
MBS
Price
Change
UMBS 5.5
97.86
+0.36
UMBS 6.0
99.78
+0.32
UMBS 6.5
101.42
+0.34
GNMA 5.5
98.61
+0.25
GNMA 6.0
100.74
+0.26
GNMA 6.5
101.63
+0.13
US Treasuries
Yield
Change
2 YR
4.877
+0.003
5 YR
4.566
-0.007
10 YR
4.571
-0.008
30 YR
4.730
+0.001
Pricing as of:
5/3 2:06AM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Apr 24
196.7
-2.67%
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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