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Mission Chronicle Newsletter Feb 6, 2023

The Federal Reserve meeting ended as market participants expected, with a quarter-point increase anda slightly more dovish-sounding policy statement. Mortgage rates were already positioned for theincrease, so the rate bump did not impact mortgage rates. However, with Consumer Confidence andthe ISM Manufacturing Index posting below-expectations reading and a more dovish-sounding policystatement from the Fed, mortgage […]

Mission Chronicle Newsletter Dec 12, 2022

Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis beginning to impact inflation. The ISM Services Index moved upward, and the Producer Price Indexcame in a bit over expectations. However, recent comments from the Fed have led the market toanticipate a 50 basis point increase at this […]

Luxury listing of the day: Beachfront villa in Malibu, Calif.

This stunning four-bedroom features copious balconies and windows that showcase breathtaking ocean views from every angle. With three fireplaces, two kitchens and waterfront access, it’s everything a Malibu home should be. It’s listed for $11.35 million with Madison Hildebrand at Partners Trust. PreviousNext jQuery(document).ready(function(){jQuery(“#ism-slideshow-1”).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);$(“#ism-slideshow-1”).on(“slid.bs.carousel”, function () {jQuery(this).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);});}); Do you have a luxury listing you’d […]

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