stocks: Market Update - Lock or Float (November 8) - 11/08/07 11:23 AM
Ok, so I am going to be extending my lock recommendation from anything within 60 days to anything with a 90 day period; lock those loans. Here is why:
The bond market this morning opened slightly higher at +9/32 while Ben Bernanke didn't help the stock market out with his testimony to Congress' economic … (5 comments)
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stocks: Market Update - Lock or Float (November 7) - 11/07/07 12:27 PM
Well, folks, hopefully you tuned in to my blog on Friday or Monday where I suggested to lock your rates. Here is what is going on in today's market:
The bond market opened this morning up 3/32 with the stocks down (Dow by 135 and Nasdaq by 30). Because of this, you … (0 comments)
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stocks: Market Update - Lock or Float (November 6) - 11/06/07 02:27 PM
Ladies and Gentlefolk, please keep reading as I have a new updated status on whether you should lock or float today! This suggestion might cause some controversy:
The bond market were negative this morning (11/32 down) after stocks had an early rise (Dow up 50 points while Nasdaq up 3 points). You are probably … (1 comments)
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stocks: Market Update - Lock or Float (November 5) - 11/05/07 11:12 AM
Alright, folks, I hope we are prepared for the slow economic week since it was a lively roller coaster ride last week! If you haven't already looked at my weekly preview, please do that so you aren't missing that information.
But, here is what is going on currently:
The bond market is a little … (0 comments)
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stocks: Market Update - Lock or Float (October 23) - 10/23/07 11:41 AM
Ok, folks, I would definitely suggest locking all of your loans today if you haven't done so already! Here's the update:
Stocks are increasing a little which continues yesterday's recovery with the Dow up about 49 points, and the Nasdaq about 20 points up. Today, the bond market is a little stagnant … (1 comments)
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stocks: Market Update - Lock or Float (October 19) - 10/19/07 01:04 PM
Currently, the bond market is 23/32 up while the Dow is down 204 points and the Nasdaq is down 37 points. With this going on, we could definitely see a good amount of improvement in today's rates; most likely about .25 discount points in our favor.
No reports are scheduled for release … (1 comments)
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stocks: Market Update - Lock or Float (October 18) - 10/18/07 11:51 AM
The bond market opened in positive territory this morning which continued yesterday's activity. The Dow is down just over 33 points currently, and the Nasdaq is down approx. 10 points. Mortgage rates should improve today by about .25 discount points to possibly just over that....maybe 3/8's.
The Fed Beige Book was released … (0 comments)
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stocks: Market Update - Lock or Float (October 12) - 10/12/07 09:18 PM
The bond market opened in the negative after mixed economic news this morning. Stock rose slightly with the Dow up 52 and Nasdaq up 26 points. The bond is currently down 6/32, but because of yesterday's showing of strength, there will most likely be a minor improvement in mortgage rates today of approximately … (0 comments)
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stocks: Market update for September 20th. - lock or float your loan?! - 09/20/07 10:12 PM
On a day that Forbes came out with the 400 richest Americans, Bill Gates celebrates as number one yet again! However, that celebration can't be carried over to Main Street or Wall Street. Here are a few important articles that were published today:
"Stocks Fall After Mixed Earnings""Bernanke: Fresh Assurances on Economy""Retailers … (2 comments)
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stocks: Market update for September 19th. - to lock or float your loan?! - 09/19/07 10:41 PM
Over the past few weeks, we have all seen the market go up and down like a roller coaster from the "deep south". No stock was safe and no Real Estate or Mortgage Company was left unturned by what has been going on.
Now, we get the big news yesterday with … (5 comments)
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stocks: Weekend Wrapup for Real Estate (September 14th) - 09/14/07 04:57 PM
With the football season having it's first official kickoff for Monday night football during the week, it's only right to end the week on a good foot so we can get on the ball for Monday.... That was corny, but hey, I'm no stand up comedian.
We all know that the market … (0 comments)
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stocks: Monday Wrapup - 09/10/07 04:41 PM
Monday is officially closed for business here on the East Coast. So, here is a breakdown of what happened today:
Joseph Lewis now owns 7% of Bear Stearns' after a large share purchase which points to his confidence in a market upswing. There are rumors at this point in time that he … (0 comments)
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stocks: Mid-Monday Mixup - 09/10/07 10:51 AM
Here is Monday, September 11th's mid-day update on the market...
With anxious investors waiting for the big date (September 18th when the Fed will meet again), the Dow started to rise this morning, but was rudely shaken and started to drop based on information provided by Fed members. The bond is also … (6 comments)
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stocks: 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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