Rates, household debt, active listings, corporate purchases, and the yield curve flattening

Market Update 8/9/2024
Jordan will be out of the office Wednesday the 14th-Monday the 19th. During that time, please contact Tyler Keck at 971-762-3475 orby email at [e-mail].
-Rates moved from 6.40% last week to 6.63% this week per Mortgage News Daily
-Weekly mortgage tip:How rate cuts impact mortgages, HELOC's, and consumer debts
-The NY Fed household debt report showed the total at 17.8T, up 109B in Q2
-Active listings are up 5.3% for July and up 37% year over year
-A California bill aims to limit the number of homes corporations can purchase-The 10and 2
-year yield curve almost back to positive after 2 years of negative readings
Jordan Keck Mortgage Advisor Advantage Mortgage | NMLS #101734
Contact Info:
Email: [e-mail]
Phone: [phone]
Licensed in AZ-1017341, CA-DFPI1017341, CO-1017341, GA-1017341, ID-1017341, MT-1017341, OR-1017341, TN-1017341, TX-SML, WA MLO-1017341