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housing: Energy Efficient Audits...why should I do that? - 11/07/07 12:56 PM
With the price of oil and all other utilities going up, we are all scrambling to find ways to cut down on your monthly bills.  Well, I found this article that you might want to check out!  You can Click Here for that!There are several ideas of what an Energy Efficient … (3 comments)

housing: Market Preview (Week of November 5) - 11/05/07 09:08 AM
Well, compared to last week's assortment of economic news, this week is going to be a breeze.  Being released this week are one quarterly report, and two monthly reports.  With regard to importance of these publications, the quarterly takes more precedence.  To relate this to mortgage pricing, we will most likely … (0 comments)

housing: Market Update - Lock or Float (November 1) - 11/01/07 10:22 AM
I would keep floating your loans today as well.  I included some pretty informative articles at the bottom of this as well, but here's why I am floating my loans today:
The bond market started out extremely strong this morning (up 29/32) while the stock market is down (Dow by 225,a nd … (0 comments)

housing: Market Update - Lock or Float (October 31) - 10/31/07 11:30 AM
First of all, Happy Halloween, and I hope you all are getting treats (deals and closings) rather than tricks!!  I have to say that I feel a lot more confident from yesterday floating my loans.  Here's why:
The bonds opened in a negative territory (6/32 down) this morning due to the stronger than … (0 comments)

housing: Market Update - Lock or Float (October 31) - 10/31/07 11:28 AM
First of all, Happy Halloween, and I hope you all are getting treats (deals and closings) rather than tricks!!  I have to say that I feel a lot more confident from yesterday floating my loans.  Here's why:
The bonds opened in a negative territory (6/32 down) this morning due to the stronger than … (0 comments)

housing: Market Update - Lock or Float (October 30) - 10/30/07 10:56 AM
Welcome back, Folks!  I apologize for not updating this over the past couple of days; I was in Central/Upstate New York visiting family!  Anyway, here is the update for today!
Flat is the only explanation for the bond market today.  Contrary to weak economic news releases and the early decreases in the … (1 comments)

housing: Market Update - Lock or Float (October 26) - 10/25/07 12:30 PM
First of all, I apologize for not getting the update out yesterday!  I know that a lot of you are reading this, so here is today's:
The bonds opened a little flat even though we experienced relevant economic news yesterday with the existing home sales report. With regard to Wall Street, the Dow … (3 comments)

housing: Market Update - Lock or Float (October 22) - 10/22/07 11:28 AM
And onto this week, folks.  Today's bond market is down a little (3/32) contrary to the stocks dropped more this morning.  Currently, Dow is down 52 points and Nasdaq is ahead 2 points (for now).  Basically, we are looking at similar rates to Friday.
There are no reports scheduled for publication today that would effect our … (2 comments)

housing: Market Update - Lock or Float (October 16) - 10/16/07 02:59 PM
As a summary, I would still recommend to float all loans that you plan on closing until the actual closing date for right now.  Please keep reading for more!
Today's stock market is giong through yet another down period today while the bond market is slightly increasing.  The Dow started out 91 … (0 comments)

housing: Market Update - Lock or Float (October 15) - 10/15/07 01:26 PM
Big changes on the lock/float front today.  So, tune in, and away we go:
Today started off a little slow with regard to the bond market even though the overall stock market had posted losses. The same can be said for the stock market as of right now; early weakness where the Dow … (0 comments)

 
Loan Officer: Andrew Scherer - Reverse Mortgages (NRMLA) (Eagle Nationwide Mortgage)
Andrew Scherer - Reverse Mortgages (NRMLA)
Meriden, CT
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Eagle Nationwide Mortgage

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