Rubicon Mortgage Advisors
Rubicon Mortgage Advisors
Blog Post
  • Mortgage rates drifted downward through Thursday, last week, then bounced back upward as the week ended.  Friday’s Retail Sales data was slightly lower than economists’ predictions, but many traders were betting that the numbers would be under forecast.  Functionally, this means Retail Sales was better… Read More »

Rubicon Mortgage Advisors
Rubicon Mortgage Advisors
Blog Post
  • 2017 started with good news; fixed mortgage rates were lower, but the national unemployment rate ticked upward and labor reports showed fewer openings for public and private sector jobs. Construction spending was higher in November according to the Commerce Department and reached the highest level… Read More »

Rubicon Mortgage Advisors
Rubicon Mortgage Advisors
Blog Post
  • 2016 ended with mortgage rates much higher than they began the year.  While last week was a tame week for rates, the last two months have been brutal.  Rates climbed at a rate not seen in many, many years.  Optimism for a change in Washington… Read More »

Rubicon Mortgage Advisors
Rubicon Mortgage Advisors
Blog Post
  • Last week’s economic news included readings on consumer spending, core inflation new home sales and regularly scheduled readings on mortgage rates and new jobless claims. Consumer Spending Dips in November:  Commerce Department reports on consumer spending in November indicated that consumer spending was lower in… Read More »

Rubicon Mortgage Advisors
Rubicon Mortgage Advisors
Blog Post
  • To no one’s surprise, the Federal Reserve lifted its target rate, during a week that highlighted a long-term economic pattern of inconsistent growth.  Once again, Retail Sales failed to move, Industrial Production fell, and inflationary indicators continue to show very moderate pressure.  However, rates continue… Read More »

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