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Dan Clifton
Principal Broker and Mortgage Guru, Clifton Mortgage Services, LLC
Principal Broker and Mortgage Guru
Clifton Mortgage Services, LLC
NMLS # 284174
670 N Orlando Ave Suite 101 Maitland, FL 32751
CONTACT ME
Contact Me
888-681-0777 x1001
dan@cliftonmortgageservices.com
cliftonmortgageservices.com
dan@cliftonmortgageservices.com
cliftonmortgageservices.com
CONTACT ME
Recent News
The Other Side of This Week's Scary Housing News
7/19/2019
June Construction Numbers Tried to Hang on, But Failed to Impress
7/17/2019
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
Residential Construction Spending Falling Behind 2018
5/4/2019
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
Homeowners Expecting Higher Appraisals than They Get
4/15/2019
Did Rates Get Too Good To Last?
4/12/2019
After Massive Response Last Week, Are Low Rates Already Gone?
4/5/2019
Affordability Gripes Slowing--But Not Derailing--Price Growth
4/2/2019
Best Month in a Decade For Mortgage Rates!
3/29/2019
Existing Homes Sales Post Huge February Gain
3/25/2019
Rates Dropping Fast as Home Sales Bounce Back
3/22/2019
Lowest Rates in 14 Months And More Volatility Ahead
3/15/2019
Credit Availability Rises for Jumbo, Low Credit Score Borrowers
3/11/2019
Housing Pops; Rates Drop
3/8/2019
Mortgage Apps: Higher-End Buyers Readying for Spring Market
3/7/2019
CoreLogic Price Gains Moderating, But Expected to Increase This Year
3/6/2019
Home Sales Bouncing Back, But So Are Rates
3/1/2019
All About Locking Your Mortgage Rate
2/26/2019
NAR: Home Sales "Likely to Have Reached a Cyclical Low"
2/26/2019
Why The Housing Market Cares About The Fed
2/22/2019
Low Rates and Strong Jobs Numbers Bolster Builder Confidence
2/20/2019
Mortgage Bankers Estimate 29% Surge in New Home Sales
2/19/2019
Why 2019 Could Actually be Great For Housing and Mortgage Markets
2/15/2019
NAHB Takes a Detailed Look at First-Time and Trade-up Buyers
2/14/2019
Global Concerns Slow Mortgage Apps, Even With Lower Rates
2/13/2019
NAR: Home Price Gains at a "Healthier" Pace
2/13/2019
Lowest Rates in a Year, And They Could Go Even Lower. What Changed?
2/8/2019
Aging-in-Place Trend Contributing to Tight Inventories
2/7/2019
Banks Have Big Tech Breathing Down Necks, Competition Heats Up
2/6/2019
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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
98.16
+0.30
UMBS 6.0
99.98
+0.20
UMBS 6.5
101.52
+0.10
GNMA 5.5
98.90
+0.29
GNMA 6.0
100.94
+0.20
GNMA 6.5
101.87
+0.25
US Treasuries
Yield
Change
2 YR
4.824
-0.049
5 YR
4.514
-0.058
10 YR
4.537
-0.042
30 YR
4.695
-0.034
Pricing as of:
5/3 10:42AM
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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