Benchmark Mortgage Rate Drops to Three-Month Low
Having slipped below 4 percent two weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.81 percent over the past week “as concern about a global slowdown…
Square Trading within Pennies of IPO Price, Twitter near All-Time Low
Square is currently trading at $9.16 per share, which is 16 cents (2 percent) above the deeply discounted price at which it went public and $3.91 (30 percent) below the…
Mortgage Rates Drop on Market Weakness
Having slipped below 4 percent last week, the average rate for a benchmark 30-year mortgage has dropped another 5 basis points to 3.92 percent as concern about a global slowdown…
Venture Funding Plummets and a Local Near-Unicorn Is Quite Sick
Venture funding plummeted 30 percent in the fourth quarter of 2015 and deal flow dropped 13 percent to its lowest level since the first quarter of 2013, according to CB…
Benchmark Mortgage Rate Dips on China’s Market Chaos
With China’s stock market rout rattling the markets near and far, and a subsequent flight to quality driving the 10-year Treasury yield down, the average rate for a benchmark 30-year…
Oakland Tipped in 2015
Near the end of 2014 we outlined why Oakland was at a tipping point with respect to demand for office space and growth. As we wrote at the time: “In…
Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise
For the first time in five months and following a post rate hike slip, the average rate for the benchmark 30-year mortgage is back above 4 percent having ticked up…
Benchmark Mortgage Rate Drops following First Rate Hike
With the 10-year treasury yield trading down following the Fed’s first rate hike in nearly a decade, we were expecting the average 30-year mortgage rate to drop rather than rise.…
San Francisco and East Bay Employment Slip
The number of people living in San Francisco with a job dropped by 1,600 in November to 534,800, the first November without a gain since 2012. But with the labor…
Mortgage Rates on the Move…Down?
While the average rate for a 30-year mortgage ticked up 2 basis points over the past week to 3.97 percent, the 10-year Treasury yield, which typically drives mortgage rates, is…