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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
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
Refinancing Wave Continues; Lenders May Have Capacity Restraints
8/22/2019
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
June Construction Numbers Tried to Hang on, But Failed to Impress
7/17/2019
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
Residential Construction Spending Falling Behind 2018
5/4/2019
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
Homeowners Expecting Higher Appraisals than They Get
4/15/2019
Did Rates Get Too Good To Last?
4/12/2019
After Massive Response Last Week, Are Low Rates Already Gone?
4/5/2019
Affordability Gripes Slowing--But Not Derailing--Price Growth
4/2/2019
Best Month in a Decade For Mortgage Rates!
3/29/2019
Existing Homes Sales Post Huge February Gain
3/25/2019
Rates Dropping Fast as Home Sales Bounce Back
3/22/2019
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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
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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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