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CONTACT ME
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
Stellar Housing Data This Week and a Break From Mortgage Rate Volatility
5/26/2016
Rates Panic After Fed Minutes, But Bigger Challenges Await
5/19/2016
Fed Bullet Points
5/18/2016
The Day Ahead: Here's How We Know Markets Are Anxious About Fed
5/18/2016
Another DOJ/False Claims Settlement; Conventional Conforming Program Changes
5/16/2016
Mortgage Rates Continue Rising From 3-Year Lows
5/12/2016
The Real Story Behind Rates at 3-Year Lows
5/12/2016
Mortgage Rates Rise a Bit Despite Market Improvement
5/12/2016
Foreclosures Surged in March
5/11/2016
Mortgage Rates Officially Hit 3-Year Lows
5/10/2016
Don't Call it a Comeback: Flipping is Modest by Bubble Standards
5/10/2016
Mortgage Rates Steady Near 3-Year Lows
5/9/2016
Rates Could Still Go Lower, But With a Price
5/6/2016
First Move is Stronger After NFP, but...
5/6/2016
Trended Credit Data: Hope or Hype?
5/4/2016
Mortgage Rates for 6th Straight Day
5/4/2016
Homeownership near its lowest in history
4/28/2016
Home Prices Closing on 2006 Peak
4/28/2016
Completely Different Definition of 'Underwater' And Its Impact on Housing
4/28/2016
Fed Helps Rates Recover; Housing Data Mixed
4/28/2016
Pending Sales at 10-Month High, but Weakening in The West
4/28/2016
Mortgage Rates Helped by Fed Announcement
4/27/2016
MBS Recap: Bond Markets Hunkered Down Ahead of Fed
4/26/2016
Remodelers see Slowdown Ahead
4/26/2016
New Home Sales Dip from Strong February Numbers
4/25/2016
Mortgage Rates Begin Week at Recent Highs
4/25/2016
Big Spike in Mortgage Rates and Big Changes in Housing Data
4/21/2016
Earnings Season Threatening Interest Rate Rally
4/15/2016
Mortgage Rates Head Back to Toward 3-Year Lows
4/7/2016
The Real Reason Mortgage Rates Are Near 3-Year Lows
4/7/2016
Mortgage Rates Steady at 6-Week Lows
4/5/2016
Freddie Mac sees Brightest Housing Year in Decade
4/4/2016
The Paradox of Central Banks and The Mortgage Market
3/31/2016
Mortgage Rates Should See More Volatility This Week
3/28/2016
Pending Sales Recover but Annual Gain Shrinks
3/28/2016
Jury Still Out on Rising Rates and Housing Downturn
3/24/2016
FHFA House Price Gains Accelerate
3/23/2016
Mortgage Rates Continue Higher
3/23/2016
Mortgage Rates Slightly Higher
3/22/2016
Low Inventories, Rising Prices Hit February Home Sales
3/21/2016
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
7.09%
+0.07
--
15 Yr. Fixed
6.56%
+0.03
--
30 Yr. FHA
6.62%
+0.07
--
30 Yr. Jumbo
7.35%
+0.04
--
5/1 ARM
7.30%
+0.06
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.08%
-0.10
0.63
15 Yr. Fixed
6.61%
+0.01
0.65
30 Yr. FHA
6.89%
-0.03
0.94
30 Yr. Jumbo
7.22%
-0.09
0.58
5/1 ARM
6.56%
-0.04
0.66
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
7.02%
-0.42
0.00
15 Yr. Fixed
6.28%
-0.48
0.00
Source: Freddie Mac
CONTACT ME
Market Data
MBS
Price
Change
UMBS 5.5
98.78
-0.24
UMBS 6.0
100.40
-0.15
UMBS 6.5
101.75
-0.10
GNMA 5.5
99.52
-0.17
GNMA 6.0
100.78
+0.04
GNMA 6.5
101.59
+0.02
US Treasuries
Yield
Change
2 YR
4.828
+0.030
5 YR
4.447
+0.050
10 YR
4.422
+0.045
30 YR
4.561
+0.055
Pricing as of:
5/17 5:59PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
May 15
198.1
0.51%
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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