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Scott Ward
President, Potomac Mortgage Advisors
President
Potomac Mortgage Advisors
NMLS 4065
46169 Westlake Drive Suite 100 POTOMAC FALLS, VA 20165
CONTACT ME
Contact Me
703-406-8200
scott.ward@potomacmortgageadvisors.com
www.PotomacMortgageAdvisors.com
scott.ward@potomacmortgageadvisors.com
www.PotomacMortgageAdvisors.com
CONTACT ME
Recent News
Rates Surged to 5% This Week. Is There Any Hope?
10/5/2018
Fed Hikes, But Rates Fall; Big News Next Week
9/28/2018
Rates Spike Ahead of Fed. Is There Any Good News?
9/21/2018
Rates Paying Price For Sunny August
9/14/2018
Booming Economy's Unintended Victims
9/7/2018
Rate Volatility Lowest in Decades; Is Housing a Factor?
8/31/2018
Latest Pros and Cons on Housing and Rates
8/24/2018
Scary Low Housing Numbers? Not Exactly
8/17/2018
Let's Talk Turkey: Do US Markets Care?
8/10/2018
Glimmers of Hope For Home Sales and Rates
8/3/2018
Putting Home Sales Slowdown in Perspective
7/27/2018
Should We Worry About a Housing Slowdown?
7/20/2018
What Causes Mortgage Rates to Change?
7/17/2018
Lowest Rates Since May, But There's a Catch
7/13/2018
Don't be Fooled by Trade War News
7/6/2018
Who (or What) Is Pulling The Strings?
6/29/2018
2 Very Different Ways to Look at Housing Numbers
6/22/2018
Massive Government Reorganization Plan Includes Housing Changes
6/22/2018
Fed Hikes. Rates Fall. Have We Hit a Ceiling?
6/15/2018
Next Week's Fed Rate Hike Won't Affect Rates
6/8/2018
How Italy Rocked Rates And What To Watch For Next
6/1/2018
Focus, Focus, Focus: Helping Buyers Find the Way
5/30/2018
Don't Be Fooled By Fake News on Rates and Housing
5/25/2018
Higher Rates Deserve Attention, Not Panic
5/18/2018
Housing Can Survive Higher Rates
5/11/2018
Too Soon to Think About The Next Recession?
5/4/2018
Interest Rate Volatility Comes Roaring Back
4/27/2018
Housing Market Not Very Scared of Big Bad Wolf
4/20/2018
Do Interest Rates Really Care About Trump Tweets?
4/13/2018
Lowest Rates in 2 Months Face Big Test Next Week
4/6/2018
Could The Top Already Be In For Rates?
3/29/2018
Why Housing And Rates Are Mostly Ignoring Trade War Drama
3/23/2018
Both Coasts Lead in Household Wealth Gains
3/19/2018
It's All About The Purchase Market Right Now
3/16/2018
A Truly Uncanny Week For Mortgage Rates
3/9/2018
Market Reacts to Tariffs and New Fed Chair
3/2/2018
Have Rates Finally Found a Ceiling?
2/23/2018
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
7.45%
-0.07
--
15 Yr. Fixed
6.86%
-0.05
--
30 Yr. FHA
6.95%
-0.05
--
30 Yr. Jumbo
7.64%
-0.04
--
5/1 ARM
7.50%
-0.05
--
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
7.17%
-0.27
0.00
15 Yr. Fixed
6.44%
-0.32
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
97.36
+0.35
UMBS 6.0
99.37
+0.30
UMBS 6.5
101.06
+0.17
GNMA 5.5
98.24
+0.37
GNMA 6.0
100.35
+0.27
GNMA 6.5
101.32
+0.19
US Treasuries
Yield
Change
2 YR
4.994
-0.003
5 YR
4.690
-0.029
10 YR
4.665
-0.039
30 YR
4.774
-0.040
Pricing as of:
4/26 5:05PM
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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