My Clients on Working with Me:

“Everyone at Mortgage Trust was wonderful throughout the whole process. Communication within the team, between Mortgage Trust and the title company, and my agent, made the whole process fell so easy + smooth.”

“Evan and [his] team were professional, prompt, and knowledgeable. We were kept informed of our loan progress and never felt out of the loop.”

“Amanda + Evan were wonderful. They helped me with my refinance. Their communication was exceptional – responded quickly to all my calls and emails. Thanks you so much for all your help.”

“Evan and his team made this such a smooth, clear process for a first time home buyer. I was anxious entering the process, but Evan was always there to answer my many questions and guide me through everything step by step. I would highly recommend Mortgage Trust to any potential home owner.”

The Latest from My Blog

Mortgage Rate Update December 5, 2016

Mortgage rates are mostly unchanged from last week. US stocks are starting the week off higher.  Typically, when stocks rally mortgage rates suffer.  Interest rates are modestly worse as compared to Friday but overall pretty even. This week’s economic calendar is relatively light.  Therefore, I expect technical trading patterns to play an important role.  Currently […]

Mortgage Rate Update December 1, 2016

Mortgage rates have worsened modestly this week. On Monday I had recommended a ‘floating’ position with the hopes that the yield on the US 10-year treasury would respond to technical trading patterns and reverse below 2.38%.  Pricing on mortgage rates did improve Monday-Tuesday but starting yesterday rates have worsened. The yield on the US 10-year […]

Mortgage Rate Update November 28, 2016

Mortgage rates are effectively unchanged from last week. Although there is no significant economic data out today the next few days will bring plenty of important data points.  Tomorrow we’ll get the latest reading of the Case-Shiller Home Price index and Q2 GDP.  On Wednesday we’ll see pending home sales, personal income, and the Personal […]

Mortgage Rate Update November 21, 2016

Mortgage rates look as though they may stabilize this week and possibly even reverse lower. Since the election the yield on the US 10-year treasury note, which mortgage rates tend to track, has had its steepest two-week climb in over 15 years!  Meanwhile, the US stock market has reached all-time highs. This week’s economic calendar […]

Mortgage Rate Update November 17, 2016

Mortgage rates have stabilized following last week’s rout in the bond market. A fed rate hike next month looks to be certain following this morning’s remarks by Fed Chairwoman Janet Yellen.  She told lawmakers on Capitol Hill that a rate hike would come “relatively soon” which in her own cryptic way is being interpreted to […]

Mortgage Rate Update November 14, 2016

Mortgage rates have increased substantially following the surprise election win by President-elect Donald Trump. Below is a chart showing the yield on the US 10-year treasury yield.  As you can see yields jumped from ~1.80% prior to the election to ~2.20% today.  Mortgage rates have increased by .375% during that time. Why are rates increasing […]

Mortgage Rate Update November 7, 2016

Mortgage rates are unchanged from last week. Election day is only 24 hours away.  The stock market is rallying this morning following the FBI’s announcement over the weekend that they would not pursue charges against Hillary Clinton based on a new batch of emails. Purely looking at the election from the stock market’s perspective the […]

Mortgage Rate Update October 31, 2016

Mortgage rates are unchanged from the latter half of last week. Inflation remains top of mind for market analysts.  Inflation is important because it is the primary driver of long-term interest rates, including mortgages. Earlier today the Fed’s preferred measure of inflation, called the Personal Consumption Expenditure price index, was released.  Core inflation, which excludes […]

Mortgage Rate Update October 27, 2016

Across the globe long-term interest rates, including those for US mortgages, have worsened this week.  A peak at the chart below shows that the yield on the US 10-year treasury note, which mortgage rates tend to track, has risen by ~.50% from the beginning of July until today. Why the increase? First, let’s remember that […]