Dana's Blog - Archives February, 2012

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Home : Blogs : Dana Bain : Dana's Blog : Archives February, 2012

Mortgage Rates Test New Low's Once Again! Dana Bain Premiere Mortgage Services Inc. 978-422-2311 www.BainMortgage.com - 02/24/12 06:38 PM

Market CommentMortgage bond prices were near unchanged for the week which kept mortgage interest rates relatively in check. Rates were negative the beginning of the week following the extended holiday weekend. The announcement of a Greek rescue package was the driving force which pressured rates Tuesday. Escalating oil prices also added some pressure to rates early in the week. Consumer sentiment and new home sales data came in higher than expected. Fortunately there was strong foreign demand for US debt instruments following the well-bid 7Y Treasury note auction and we recovered some of the earlier losses Thursday afternoon. Mortgage bonds ended … (0 comments)

Mortgage Market Newsletter-February 20th, 2012 Dana Bain Premiere Mortgage Services Inc. 978-422-2311 - 02/21/12 08:22 AM

http://www.bainmortgage.com/MortgageMarketWeekInReview
Mortgage Market Newsletter-February 20th, 2012 Dana Bain Premiere Mortgage Services Inc. 978-422-2311
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Mortgage Market Newletter-February 13th, 2012 Dana Bain Premiere Mortgage Services Inc. 978-422-2311 - 02/13/12 12:17 PM

http://www.bainmortgage.com/MortgageMarketWeekInReview
Fundamental WeekThe abundance of fundamental data this week provides a good opportunity for mortgages to improve. If the data shows weakness in the economy with little or no inflationary pressures then it is possible for mortgage bonds to rally resulting in mortgage interest rate decreases. However, if the data shows that the economy continues to rebound or any significant signs of inflation, mortgage bonds may fall pushing mortgage interest rates higher.Mortgage interest rates remain historically favorable despite some recent increases. Now is a great time to avoid the uncertainty surrounding continued market volatility. Remember, the future is uncertain with so … (0 comments)

Who Own's My Mortgage? Dana Bain Premiere Mortgage Services Inc. 978-422-2311 - 02/09/12 08:57 PM

http://www.bainmortgage.com/MyBlog
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