Lynn Fisher

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Last quote by Lynn Fisher

The drop was driven by continued investor concerns about the French election, though Sunday's first-round voting results apparently have alleviated some investor fears.feedback
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We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Lynn Fisher is associated, including December, January, and rate. Most recently, Lynn Fisher has been quoted saying: “The drop was driven by continued investor concerns about the French election, though Sunday's first-round voting results apparently have alleviated some investor fears.” in the article Lowest mortgage rates since election push refinances up 7%.
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Lynn Fisher quotes

The purchase market remains supported by an improving U.S. labor market. Newly released data from the U.S. Census this week indicate that the median income increased by 5.2 percent last year, the highest rate of increase since 2007. Other recent but less comprehensive measures show wage growth continuing to strengthen in 2016.feedback

Purchase application volume continues to run ahead of last year's pace, but after growing quite strongly in the first half of the year, the rate of improvement has decelerated this summer.feedback

The release of the FOMC minutes mid-week led markets to reassess the likelihood of a rate increase this summer, pushing the average 30 year fixed rate up 3 basis points over the week. The overall refinance index held firm, although government refinance applications fell slightly.feedback

Purchase applications got back on track last week, resuming the level of activity observed throughout most of April and May.feedback

Despite expectations that rates would slowly rise this year, the 30-year fixed rate last week was 18 basis points lower than a year ago, continuing to provide a favorable rate environment for the housing market.feedback

The good news for the new year is that following the holidays, application activity last week resumed at levels just exceeding those observed during early December, suggesting that the purchase market has picked up right where it left off.feedback

Refinance application volume increased for three weeks in a row in early December ahead of the Fed's announcement that it was raising the federal funds rate. During the two weeks following their announcement, holiday-adjusted refinance activity dropped substantially, even though the 30-year fixed rate increased by only 4 basis points over the same period.feedback

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