Description: John Bruington | Mortgage Lending Company
john bruington | mortgage lending company (1)
Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. We saw selling pressure almost every day. The Fed rate hike dominated sentiment throughout most of the week. The data was mixed but generally showed solid economic growth and tame inflation readings. FHFA housing rose 0.7% as expected. Consumer confidence … Continue reading MIG Market Watch, July 31st, 2023 →
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