mortgage rates: MortgageRatesReport.com: October 10, 2007 - 10/10/07 08:31 PM
I'm often asked how I come up with my advice to lock or float the mortgage rate when home buyers read the Mortgage Rates Report.  Well, I read a lot, that's for sure.  I read Bloomberg.com and the Mortgage Market Guide research which gives me access to real-time quotes of mortgage-backed … (0 comments)

mortgage rates: MortgageRatesReport.com: October 5, 2007 - 10/05/07 10:55 AM
Our fear from Wednesday was justified.  I hope you took our advice and locked your mortgage rate. From Wednesday: I'm still maintaining my lock-in at loan application recommendation.  I just don't see a tremendous amount of upside to floating the mortgage rate.  There is an underlying fear of stagflation in the … (2 comments)

mortgage rates: Mortgage Rates Report: October 3, 2007 - 10/03/07 10:20 AM
I'd like to start off this morning's report by recognizing my wonderful wife, Debra.  We were married October 3, 1998 at St. Mary's Basilica in Phoenix, AZ.  Today makes it nine years.  Debra balances the demands of family and work beautifully.  Our daughter is an example of the former and our … (16 comments)

mortgage rates: Mortgage Rates Report- August 28, 2007- Lock All Loans - 08/28/07 02:06 AM
Our Mortgage Rates Report from last week advised clients to float their loans.  We still maintained a lock-in stance for all non-conforming and jumbo loans as that market is changing daily.  Until Wall Street investors set the market for jumbo loans, we maintain that stance.
The advice was fruitful to those that … (8 comments)

 
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