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Ca-Vin Phan
Chief Operation Officer, Able Financial Corp
Chief Operation Officer
Able Financial Corp
12387 Lewis St. Ste 201 Garden Grove, CA 92840
CONTACT ME
Contact Me
714-462-6149
cvphan@ablefinancialcorp.com
www.AbleFinancialCorp.com
cvphan@ablefinancialcorp.com
www.AbleFinancialCorp.com
CONTACT ME
Recent News
Wildest Week For Mortgage Rates, Ever (Seriously)
3/13/2020
COVID-19 Beginning To Affect Real Estate, But It's Not All Bad News
3/13/2020
Negative Reprice Risk Already a Consideration
3/12/2020
10yr Auction Helps Solidify a Ceiling
3/11/2020
Mortgage Market in Chaos. What You Need To Know
3/6/2020
Craziest Week For Rates Since Financial Crisis
3/6/2020
All-Time Low Mortgage Rates Will Create All-Time High Confusion Tomorrow
3/5/2020
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
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
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
Did Rates Get Too Good To Last?
4/12/2019
After Massive Response Last Week, Are Low Rates Already Gone?
4/5/2019
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
7.13%
-0.01
--
15 Yr. Fixed
6.47%
-0.02
--
30 Yr. FHA
6.60%
-0.02
--
30 Yr. Jumbo
7.29%
-0.01
--
5/1 ARM
7.10%
0.00
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.03%
+0.09
0.62
15 Yr. Fixed
6.56%
+0.09
0.54
30 Yr. FHA
6.90%
+0.11
0.95
30 Yr. Jumbo
7.11%
-0.01
0.50
5/1 ARM
6.38%
+0.11
0.54
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
6.86%
-0.01
0.00
15 Yr. Fixed
6.16%
+0.03
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
98.83
+0.36
UMBS 6.0
100.47
+0.26
UMBS 6.5
101.90
+0.20
GNMA 5.5
99.61
+0.51
GNMA 6.0
100.62
+0.23
GNMA 6.5
101.52
+0.12
US Treasuries
Yield
Change
2 YR
4.678
-0.064
5 YR
4.299
-0.095
10 YR
4.338
-0.095
30 YR
4.517
-0.088
Pricing as of:
7/3 10:53AM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Jun 12
208.5
15.58%
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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