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David Cordero
Sr. Mortgage Consultant, Alameda Mortgage Corp.
Sr. Mortgage Consultant
Alameda Mortgage Corp.
NMLS - 234711
223 E Thousand Oaks Blvd Ste 412 Thousand Oaks, CA 91360
CONTACT ME
Contact Me
310-293-5519
david.cordero@alamedamortgage.com
david.cordero@alamedamortgage.com
CONTACT ME
Recent News
Who Broke The Mortgage Market And When Will It Be Fixed?
3/27/2020
Mortgages Make The Fed Angry. You'd Like Them When They're Angry
3/20/2020
Wildest Week For Mortgage Rates, Ever (Seriously)
3/13/2020
Mortgage Market in Chaos. What You Need To Know
3/6/2020
Why Can't Mortgage Rates Keep Up With Record Low Treasury Yields?
2/28/2020
2020 Refi Boom Surpasses 2016's And It's Still Growing
2/21/2020
Higher Stocks and Lower Rates. Who's Lying?
2/14/2020
2020 Refi Boom is Official, But For How Long?
2/7/2020
Lowest Mortgage Rates Since 2016
1/31/2020
How Coronavirus is Helping Housing
1/24/2020
Is The Housing Market Booming Again?
1/17/2020
Housing Starting Strong in 2020
1/10/2020
Mortgage Rates Start 2020 on Strong Note
1/7/2020
Does Housing Market Care About Impeachment?
12/20/2019
Trade Deal Rocks Markets, But There's a Catch
12/13/2019
2019: The Year Of The Trade War
12/5/2019
Good Times Rolling For Housing; How Long Will It Last?
11/22/2019
Many Credible Sources Are Dead Wrong About Rates
11/15/2019
Rates at 3-Month Highs and They Could Go Higher
11/8/2019
What's Behind This Week's Big Drop In Rates?
11/1/2019
Is It Time To Worry About Rising Rates?
10/25/2019
Why Do Rates Care About Brexit?
10/18/2019
The Trade Deal Just Made Your Mortgage Rate Higher, But There's a Catch
10/11/2019
Don't Believe The News on Mortgage Rates
10/4/2019
Housing Market Ended Summer With a Bang
9/27/2019
ONCE AGAIN: THE FED DOESN'T SET MORTGAGE RATES!
9/20/2019
Worst Week For Rates in 6 Years. Fed Rate Cut Won't Help
9/13/2019
Best Year For Rates Since 2002, How Low Can They Go?
9/6/2019
Let's Shatter Some Housing/Mortgage Misconceptions
8/30/2019
No Rest For Refi Boom as Tweets Trump Fed
8/23/2019
New Refi Boom Kicking Into Higher Gear
8/16/2019
Lowest Rates Since 2016, But Why Aren't They Lower?
8/9/2019
The Fed Did NOT Cut Mortgage Rates, But Trump Tried!
8/2/2019
Is There Really Trouble in The Housing Market?
7/26/2019
The Other Side of This Week's Scary Housing News
7/19/2019
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
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
6.91%
0.00
--
15 Yr. Fixed
6.47%
0.00
--
30 Yr. FHA
6.39%
-0.01
--
30 Yr. Jumbo
7.30%
0.00
--
5/1 ARM
6.61%
+0.01
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
6.93%
-0.04
0.60
15 Yr. Fixed
6.46%
-0.03
0.75
30 Yr. FHA
6.75%
-0.14
0.97
30 Yr. Jumbo
7.14%
0.00
0.38
5/1 ARM
6.27%
-0.06
0.64
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
6.87%
-0.57
0.00
15 Yr. Fixed
6.21%
-0.55
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
99.66
+0.14
UMBS 6.0
101.02
+0.06
GNMA 5.5
100.09
+0.14
GNMA 6.0
100.95
+0.08
US Treasuries
Yield
Change
2 YR
4.625
+0.057
5 YR
4.233
+0.050
10 YR
4.220
+0.032
30 YR
4.362
+0.013
Pricing as of:
3/28 6:46AM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Mar 27
196.8
-0.71%
Building Permits
Feb 1
1.52M
1.95%
Housing Starts
Feb 1
1.52M
10.7%
New Home Sales
Feb 1
662K
0.15%
Pending Home Sales
Jan 1
74.3
-3.88%
Existing Home Sales
Feb 1
3.97M
-0.75%
Builder Confidence
Mar 1
51
6.25%
Economic Calendar
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