Touch Stone Properties

William Snell
Phone: (707) 480-6771
wsnell@sbcglobal.net

Jeff Wellen
Phone: (707) 287-1812
jwellen@sbcglobal.net

Matt Wellen
Phone: (707) 695.3545
MattWellen@TouchStoneProp.com

6050 Commerce Blvd, Suite 212, Rohnert Park, CA 94928
Office phone: (707) 544-6331
Fax: (707) 978-3100




Real Estate News
Mortgage Rates Slightly Lower to Begin The Week
Mon, 15 Aug 2022 21:11:59 GMT

After rising above 6% in June and falling briefly below 5% by August 1st, mortgage rates have been calming down and staying slightly flatter in the big picture.  Last week's highest levels were seen on Thursday afternoon or Friday morning depend..[read more]

Super Sideways Summertime Monday
Mon, 15 Aug 2022 21:01:24 GMT

Super Sideways Summertime Monday Oddly enough, we find ourselves more likely to be discussing summertime trading patterns during summer months.  The weeks leading up to labor day are the prime examples and M..[read more]

Lowest Builder Confidence Since 2014
Mon, 15 Aug 2022 14:51:53 GMT

What a difference 4 months make!  In April, the National Association of Homebuilders (NAHB) recorded a Housing Market Index (aka "builder confidence") of 77.0.  While that was off the recent peak, it was still higher than anything else befo..[read more]

Capital Markets, TPO, CRM, AI Products; Bloomberg and Wells' Correspondent
Mon, 15 Aug 2022 14:43:21 GMT

Florida is the source of a sizeable percentage of home loans and fine lenders, as well as plenty of "Florida Man' stories. (Don't read if easily offended.) I head to Orlando this morning, where (unlike this week's rain and lightning) there are an ave..[read more]

Strong Start Reinforcing Lower Range Ceiling
Mon, 15 Aug 2022 14:07:53 GMT

The previous week ended with bonds on the run and yields threatening to break up and over the 2.85% technical level.  That breakout was somewhat inconclusive by Friday afternoon as a modest rally resulted in levels of 2.849% at the 3pm CME ..[read more]

Stable and Sideways Now That Rates Are Back in The Range
Fri, 12 Aug 2022 21:28:46 GMT

Stable and Sideways Now That Rates Are Back in The Range The past two days had seen more volatility in rates markets as traders reconciled lower inflation readings and upbeat economic data.  The net effect w..[read more]

Reconciling Recently Irrational Rate Movement (It's Actually Rational!)
Fri, 12 Aug 2022 21:05:10 GMT

..[read more]

Supportive Start And a Closer Look at 2.91%
Fri, 12 Aug 2022 15:45:06 GMT

Summertime trading is detectably different from the rest of the year.  Volume and liquidity are a bit lighter.  Counterintuitive moves are more common.  And there's a risk of a bit more volatility than events justify.  Thursd..[read more]

DSCR, Credit Union, Subservicer Oversight Products; News From Wholesalers; Home Point Earnings
Fri, 12 Aug 2022 14:43:37 GMT

Loan officers who'd like to learn a thing or two about the current prospecting environment are invited to listen in today at 2PM CT/noon PT as Steve Richman discusses how LO's activities are much more important than near-term results, database manage..[read more]

Rates Are Actually Lower Than Last Week (Despite Moving Higher Today)
Thu, 11 Aug 2022 21:56:19 GMT

When it comes to mortgage rates, Thursdays frequently lend themselves to a discussion about fact versus fiction (or "delayed fact" as it may be) in news headlines.  Reasons for this are laid out in detail here.  For those who don't click l..[read more]

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