industry: Market Update - Lock or Float (October 10) - 10/10/07 11:56 AM
Wednesday's bond market has opened down slightly despite stock weakness. The stock markets are showing sizable losses with the Dow down 82 and the Nasdaq nearly unchanged. The bond market is currently down 2/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point.There is … (2 comments)
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industry: Market Update - Lock or Float (October 4) - 10/04/07 11:22 AM
Thursday's bond market has opened slightly in positive territory again following the release of weaker than expected manufacturing data. The stock markets are nearly flat with the Dow up 4 points and the Nasdaq up 3 points. The bond market is currently up 5/32, but we will likely still see a … (0 comments)
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industry: Market Update - Lock or Float (October 2) - 10/03/07 09:47 AM
Wednesday's bond market has opened slightly in positive territory after the stock markets showed early weakness. The stock markets are posting losses with the Dow down 49 points and the Nasdaq down 12 points. The bond market is currently up 4/32, which with strength later yesterday should improve this morning's mortgage … (0 comments)
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industry: Market Update - Lock or Float (October 1) - 10/01/07 11:15 AM
....And reporting on time for the first time in a couple of days. Here is the market update for October 1st. The lock advisory hasn't changed - still locking for closings within 20 days.
Monday's bond market has opened in positive territory following a weaker than expected manufacturing related report. The stock … (4 comments)
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industry: Market Preview (Week of October 1st) - 10/01/07 06:57 AM
Good morning everyone. Here is a brief intro to this week. The lock/float advice has changed slightly. I look forawrd to hearing from you all!
This week brings us the release of only three monthly economic reports for the bond market to digest. The first report of the week comes late tomorrow … (3 comments)
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industry: Weekend Reading - 09/29/07 02:32 PM
I found a couple of great articles that were published in Yahoo's finance section. I thought I would share them with you and see if you had any thoughts on them! So, here goes:
There are affordable homes in every state; you just have to look in the right areas to live … (1 comments)
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industry: Market Update - Lock or Float (September 28) - 09/28/07 10:26 PM
Hey Everyone,
I apologize for being so late with this! I was working a Fairground today (and surprisingly picked up a lot of business)! Anyway, here is the usual market update! The lock advisory hasn't really changed all too much from yesterday.
Friday's bond market has opened in positive territory despite stronger than … (3 comments)
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industry: Market Update - Lock or Float (September 27) - 09/27/07 09:42 PM
Hey Folks, I apologize for this coming out so late! But, here is today's market update and suggestions. Please not that the advice on the lock and float has changed significantly!
Thursday's bond market has opened in positive territory following weaker than expected economic news. None of this morning's data was considered … (0 comments)
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industry: Good articles for today! (September 26) - 09/26/07 04:31 PM
I found several great articles that were published! I wanted to share these with you and get your general opinion on them (either just one, or all). So, here they are:
Mortgage Applications Drop While Refinancing IncreasesLoan Modifications for Subprime BorrowersFed Rate Cut has Opposite EffectThese 3 articles were well written in … (1 comments)
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industry: So the Fed cut the Funds Rate; now what? - 09/18/07 09:15 PM
So, we all, I'm sure know that the Federal Funds Rate was cut by 50 basis points to a 4.75%. Obviously this is a step in the right direction for a dwindling Real Estate market. So, I ask you, Active Rain community, what is needed to bring the housing market back … (9 comments)
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industry: This week ahead (September 17th) - 09/16/07 05:37 PM
So, we enter into one of the most anticipated weeks this year; September 18th, the Fed is either going to shoot us down again, or they are going to try and provide a little relief by lowering the rate. There was a great article that was put in today's Yahoo Finance … (7 comments)
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industry: Weekend Wrapup for Real Estate - 09/08/07 01:56 PM
The first week of September, though short, was truly a roller coaster ride. Rates were jumping up and down like jumping beans, and news articles were published left and right about the Fed dropping rates and also about job cuts. Here is a brief summary of the past week:
Tuesday, September 4, … (5 comments)
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