Welcome to Santa Barbara

Mark Johnson

Mortgage Market Update!

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   MBS Road Signs Week of September 30, 2024 in Review Job growth in September was stronger than expected, while the unemployment rate ticked lower. Here are last week’s headlines: ·         Big Upside Jobs Surprise...

Mortgage Market Update!

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   MBS Road Signs Week of September 23, 2024 in Review Consumer inflation continues to moderate while home prices hit another record high. Plus, housing market activity is slowly increasing on the heels of lower mortgage rates....

Mortgage Market Update

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   MBS Road Signs Week of September 16, 2024 in Review The Fed started its rate-cutting cycle with an aggressive move, while housing construction ramped up in August due in large part to lower mortgage rates. Here are the...

Mortgage Market Update

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   MBS Road Signs Week of August 19, 2024 in Review The Fed signaled rate cuts ahead while New Home Sales surprised to the upside. Here are the top stories: ·         Powell Confirms, “The Time Has Come For Policy To...