Mortgage Market Summary as of June 11, 2018

Mortgage Market Summary as of June 11, 2018

Mortgage Rates Flat Ahead of Potential Volatility

Mortgage rates were steady again last week, holding on to the improvements seen following a surprise "flash rally" in bond markets.  Such flash moves always create the risk that rates will experience a correction that takes them quickly back in the other direction, so Friday’s "flat" performance is actually fairly positive in the bigger picture.

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Sotheby's International Realty Passes 100,000 YouTube Subscribers

Sotheby's International Realty Passes 100,000 YouTube Subscribers

The Sotheby’s International Realty brand’s YouTube channel has reached an unprecedented milestone; we became the first, and only, real estate company channel to have more than 100,000 subscribers.

Along with leading the industry’s presence on YouTube, the Sotheby’s International Realty brand joins an elite group - out of 50 million channels on the platform, only 0.1% have reached 100K subscribers.

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Sold. Spectacular Views on Prime Cul-de-Sac. Represented Buyer.

Sold.  Spectacular Views on Prime Cul-de-Sac.  Represented Buyer.

As first time homebuyers, my husband and I were told by so many people how stressful, frustrating and heart-breaking the house hunting process could be. Jeffrey made the entire experience seem effortless. He was there to answer every single question we had, no matter how many times we asked the same question. Even the listing agent for the house we purchased had nothing but glowing things to say about Jeffrey’s hard work, commenting on how professional he was and how uncomplicated he made the entire process. We are ecstatic with our new home and wish we could list every single thing we loved about working with Jeffrey...but that would be a very long list! So, we’ll simply say, Jeffrey is the very best. - Amy M., Music Executive

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Forever Grateful. Happy Memorial Day.

Forever Grateful.  Happy Memorial Day.

Amid the barbecuing, beach trips, blockbuster movie releases, and other unofficial-start-of-summer hoopla, it can be easy to forget what Memorial Day is actually all about. Observed on the last Monday of May, you're probably aware that the holiday honors the men and women who have died while serving in the U.S. military. But how much do you actually know about the holiday and its origins?

Here, are a few Memorial Day facts that you might not have known:

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Mortgage Market Summary as of March 19, 2018

Mortgage Market Summary as of March 19, 2018

Mortgage rates ended last week slightly lower compared to the previous Friday's levels.  That's no small victory in 2018, despite the fact that it is a small victory in general.

The looming Fed announcement will be this coming Wednesday 11:00 AM PST.  Oftentimes, bond markets (which underlie rates) don't want to move too far outside recent ranges when there's a risk the Fed may say or do something to redefine that range.  

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