Rebecca Porter Home Loan Gal

Markets will be focused on FOMC this week Overnight the 10 year note yield declined 3 bps, by 8:30 am ET back to unchanged...

It brings me join knowing that this person is one step closer to retirement!

Love helping people downsize and use a reverse for purchase to do so!

Please join me on October 9th!

I hope you have awesome neighbors!

When good fences make bad neighbors When Bugs Bunny once said, “Of course you know: This means war,” it’s doubtful he was talking about home sale sabotage...

If you have not toured a manufactured home lately, you should check them out.

Manufactured homes: A potential solution to the affordable housing crisis Tiny homes. Affordable housing projects. When it comes to solving America’s dilemma of affordable living...

Understanding how mortgage rates are priced. It's possibly not what you think.

Three things that could impact rates this week These are the three areas that have the greatest ability to impact rates this week. 1) Inflation, 2) Central Banks and 3) Treasury Auction...

Big Jobs report shows weakening labor market The August employment data this morning added a lot to the view...

Challenger report show big jump in August layoffs The amount of announced corporate layoffs tripped in August from 26K in July to 76K in August according to...

What does your garage look like? I know mine needs a make over!

Green garages: Boosting home value with eco-friendly upgrades Creating a more environmentally friendly garage can increase a home's appeal and value...

It will be interesting to see how much the corrections are on these figures in a few months. Credit card usage is at an all time high!

Personal Consumptions Expenditures Price Index largely meets expectations Since Powell’s speech at Jackson Hole markets have waited for the Fed’s preferred inflation data...

Are you wanting to move to a sunshine state for retirement? Read this first!

Conquering or lying low in today's market In today's housing landscape, buying a home can feel like scaling Mount Everest in flip-flops...

Do you have solar panels? What are your thoughts on them?

The Dark Side of Solar Few things on earth are free, including solar energy. While it can offer long-term savings...

Markets will be focused on key labor data revisions from the Bureau of Labor Statistics today The key data today is the revision from the BLS of job growth...

Are you prepared? I hope this never happens to any of you.

Break-ins: A snapshot of a community on edge It seems the promise of quiet suburban life can sometimes be broken. In a startling turn of events...

Markets will be focused on the Jackson Hole Symposium this week There is very little economic news this week...

Time for break! Enjoy your weekend with calmer news.

Markets calmer after two days of inflation data Yesterday July retail sales, hotter than estimates. This morning began with...

Would you install cameras to make sure your pet is ok when you are not at home??

Paws for concern: Pet hazards lurking in your home In the world of dog ownership, love knows no bounds. Homeowners even design...

Riding the coaster back up. Many people don't realize in the reverse mortgage world that interest rates are adjusted only once a week. I hope our rates hold but we may see a reprice for the worse.

July Retail Sales data were much stronger than expected Retail Sales: The July data set was much stronger than expected with...

What the heck is a HECM!
August 13th 10:00 AM

https://us04web.zoom.us/j/74067302197...
Meeting ID: 740 6730 2197
Passcode: 2gJRyQ

After a week of being on a rollercoaster, let's all breath deep today and enjoy a quiet day.

Another quiet day for markets with no domestic economic data Yesterday the 10 year note hit 4.00% and held, beside holding at a key psychological point the note also...

Like a Soap opera, the saga continues with the interest rates. The most interesting fact is that with reverse mortgage rates they only reprice once a week. On Tuesdays.

Low market volatility continues with mixed jobs data Initial Weekly Jobless Claims hit 233K versus estimates of 240K. The more closely 4 week moving average ticked up to...

Markets expect high volatility this week At 8 am ET this morning in futures trading the DJIA -1,000 points, NASDAQ -1,000, SP -211. The 10 year note at...

Three things that could impact rates this week These are the three areas that have the greatest ability to impact rates this week. 1) Geopolitical, 2) Treasury Auction and 3) Domestic News...

Major employment report weaker than expected The unemployment rate thought to be unchanged from June at 4.1% increased to 4.3%. Payrolls...

Initial Jobless Claims higher than expected The July Challenger Job Cuts saw a large pull back down to 25,885 from June's level of 48,786. Initial Jobless Claims...

Markets will be focused on the FOMC policy statement this afternoon Markets began the day higher ahead of the FOMC and Powell this afternoon where both the policy and...

Truth in real estate: Always stranger than fiction Real estate is serious business most days. But sometimes the wacky side of it just needs to be shared...

Markets will focus on FOMC and jobs data this week Inflation dipped in June as was expected, rates declined, but the 10 year note on Friday still wouldn’t drop below...

If you know of anyone needing more cash each month or just sick and tired of having to take some much money out of their retirement accounts, have them reach out to me. We can explore if a Home Equity Conversion is right for them.