On Friday, Labor Secretary Martin Walsh said that the Covid-19 pandemic is still weighing on jobs but projected optimism about recovery of the U.S. economy as vaccinations continue. Walsh said 266,000 jobs in April was a good number.

For the third consecutive week, mortgage rates managed to remain under 3%, dropping three basis points last week to an average of 2.96%. Sam Khater, Freddie Mac’s chief economist, pointed to a golden opportunity for homebuyers given the recent economic resurgence. “Consumer income and spending are picking up, which is leading to an acceleration in economic growth,” Khater said. “The combination of low and stable rates, coupled with an improving economy, is good for homebuyers. It’s also good for homeowners who may have missed prior opportunities to refinance and increase their monthly cash flow.”

It is recommended that loan applicants should consider locking the interest rates if their target rate is reached.
劳工部长马丁·沃尔什（Martin Walsh）周五表示，Covid-19大流行仍在给工作岗位带来压力，但预计随着疫苗接种的继续，美国经济将恢复乐观，4月有266,000个工作岗位是一个不错的数字。

抵押贷款利率连续第三周保持在3％以下，上周下降了三个基点，平均为2.96％。房地美（Freddie Mac）的首席经济学家萨姆·哈特（Sam Khater）指出，鉴于最近的经济复苏，消费者的收入和支出正在增加，这导致经济增长加速。低利率和稳定利率的结合，再加上经济的改善，对购房者是有利的。这对于那些在之前可能错过了低利率重新贷款的贷款人，现在可能正是时机。

建议正在申请中的贷款客户，如果达到目标利率，则可以考虑锁定。
Economic Calendar 
Report Period Estimate Impact
Date: Wed. May. 12
Consumer Price Index (CPI) Apr 0.2% High
Core Consumer Price Index (CPI) Apr 0.3% High
Date: Thu. May. 13
Jobless Claims (Initial) 5/08 477K Moderate
Core Producer Price Index (PPI) Apr 0.3% Moderate
Producer Price Index (PPI) Apr 0.2% Moderate
Date: Fri. May. 14
Consumer Sentiment Index (UoM) May 89.5 Moderate
Retail Sales Apr 0.2% High
Retail Sales ex-auto Apr NA High
Today’s Rates 
Daily rate based on: SFR/Primary/LTV60/FICO 780/Purchase
IMPORTANT: Advertised rates were valid and effective as of the date reflected above, are for informational purposes only, and are subject to change without notice.

Loans are subject to credit and collateral approval. Advertised rates are based on a set of loan assumptions including a borrower with excellent credit history and optimal loan characteristics. Your final interest rate and annual percentage rate (APR) may differ depending on your individual transaction’s specific characteristics, and certain products may not be available for your situation. Several determining factors include, but are not limited to, the state of the property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value, and credit score.

APR reflects the cost of credit over the term of the loan expressed as an annual rate. For mortgage loans, APR may include the interest rate, discount points (also referred to as “points”), and other charges or fees (such as mortgage insurance and origination fees), but does not necessarily take into account other loan-specific finance charges you may be required to pay.

Golden Star, Inc. dba Transglobal Lending, 185 W. Chestnut Ave., Monrovia, CA 91016, NMLS # 1437002 (www.transgloballending.com). All rights reserved. Equal Opportunity Employer and Equal Housing Lender. All mortgage products are subject to credit property approval. Rates, Program terms and conditions are subject to change without notice. Additional conditions, qualifications, and restrictions may apply. This is not an offer for extension of credit or a commitment to lend.