oakridgehomeloans.com - Shannon Ochiltree | Mortgage Lending Company

Description: Shannon Ochiltree | Mortgage Lending Company

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Market Comment Mortgage bond prices finished the week near unchanged which held rates steady. Rates remained volatile with sharp up and down movements but fortunately we ended the week flat. A lot of tame data helped stem upward pressure on rates. Industrial production fell 0.5% vs the expected unchanged reading. Capacity use was 78.9% vs … Continue reading MIG Market Watch, July 24th, 2023 →

Mortgage Investors Group (MIG) has been recognized by the Tennessee Housing Development Agency (THDA) as the top lender in the state for the 20th consecutive year. This remarkable achievement reflects MIG’s unwavering commitment to expanding homeownership opportunities, particularly in rural communities where traditional financing options may be limited. The THDA, an organization dedicated to promoting … Continue reading 20 Years of Excellence: Mortgage Investors Group Recognized as Tennessee’s #1 THDA Lend

Market Comment Mortgage bond prices finished the week sharply higher which put significant downward pressure on rates. Rates improved almost every day last week. There were not a lot of economic releases but most of the ones we had helped considerably. Consumer prices rose 0.2% vs 0.3%. The core, which excludes volatile food and energy … Continue reading MIG Market Watch, July 17th, 2023 →