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Tony Cangas
Sr. Loan Officer / Partner, American/California Financial Services, Inc.
Sr. Loan Officer / Partner
American/California Financial Services, Inc.
NMLS # 272835 BRE # 01028714
3838 W. Carson Street, # 109 Torrance, CA 90503
CONTACT ME
Contact Me
310.540.1330
tony@american-california.com
www.american-california.com
tony@american-california.com
www.american-california.com
CONTACT ME
Recent News
Why We're Seeing Huge Moves in Home Sales, Prices, and Rates
2/1/2019
Housing Market Weakness Depends on Perspective
1/25/2019
Is This The Last Chance for Low Rates?
1/18/2019
Does Housing Care About The Shutdown?
1/11/2019
Is Everything Already Changing in 2019?
1/4/2019
Big Risks and Opportunities Heading Into The New Year
12/28/2018
What's Up With Market Madness After Fed's Rate Hike?
12/21/2018
The Fed Will Hike, But Rates Could Keep Falling
12/14/2018
Just When You Thought It Couldn't Get Any Crazier
12/7/2018
Are The Highest Interest Rates Behind Us?
11/30/2018
Housing Showing Some Signs of Stabilizing
11/23/2018
Rates Actually Fell to Recent Lows This Week
11/16/2018
Who Gets The Blame For Higher Rates?
11/9/2018
Why Strong Job Gains Hurt Both Sides of The Market
11/2/2018
Here's Why You Can't Trust The News When it Comes to Stocks and Interest Rates
10/26/2018
A Few Great Reasons Not to Lose Hope in Housing and Rates
10/19/2018
Interest Rates Don’t Go Up In a Straight Line – Here’s Why
10/12/2018
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
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
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
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
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Company website
Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
6.43%
+0.02
--
15 Yr. Fixed
5.95%
0.00
--
30 Yr. FHA
5.82%
+0.02
--
30 Yr. Jumbo
6.62%
0.00
--
5/1 ARM
6.28%
-0.01
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
6.44%
-0.06
0.54
15 Yr. Fixed
5.88%
-0.16
0.68
30 Yr. FHA
6.36%
-0.06
0.85
30 Yr. Jumbo
6.75%
+0.07
0.39
5/1 ARM
5.98%
-0.27
0.65
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
6.35%
-0.51
0.00
15 Yr. Fixed
5.51%
-0.65
0.00
Source: Freddie Mac
CONTACT ME
Market Data
MBS
Price
Change
UMBS 5.0
99.35
-0.16
UMBS 5.5
100.74
-0.10
GNMA 5.0
99.91
-0.04
GNMA 5.5
100.71
-0.10
US Treasuries
Yield
Change
2 YR
3.915
+0.022
5 YR
3.701
+0.035
10 YR
3.904
+0.042
30 YR
4.193
+0.047
Pricing as of:
8/30 5:59PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Aug 28
226.9
0.49%
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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