mortgage rates report: Extra, Extra..Read All About It... Mortgage Rates Are Down! - 11/30/07 04:00 PM
. "Extra..Extra...Read all about it!!!" Big news in the mortgage market yesterday and today...the 30-Year Fixed Rate Mortgage is pricing below 6%! That's the lowest level we've seen since October 2005; that's (2) two full years ago! It seems rates are all ready hedging downward in anticipation of yet … (0 comments)
mortgage rates report: Pasadena Mortgage Rates Report - November 13, 2007 - 11/13/07 03:34 PM
Recommendation: Float, but float with caution! Contact me for a rate quote! So what's going on in the credit markets? If you've been following Stocks, you know that we had a volatile week last week; from Ana Connell's Burbank Market Report: "The Dow plunged 224 points after a volatile session, … (0 comments)
mortgage rates report: Pasadena Mortgage Rates Report - November 6, 2007 - 11/06/07 03:18 PM
Recommendation: Cautiously float! Contact me for a rate quote! With no economic reports on deck for today, the Stock and Bond markets are being driven by headlines from financial bellwethers reporting major losses in their mortgage holdings. Headlines such as: - The departure of Stan O'Neal; Merrill Lynch's CEO. Let's not … (2 comments)
mortgage rates report: Pasadena Mortgage Rates Report - October 31, 2007 - 10/31/07 03:54 PM
Recommendation: Lock-In at application! We've seen some excellent Bond performance over the past week which corresponds to excellent rate sheet pricing! Our recommendation to float certainly saved everyone a lot of money but now we're recommending you lock your loans at application. The big news on the street today was … (0 comments)
mortgage rates report: Pasadena Mortgage Rates Report - October 29, 2007 - 10/29/07 04:59 PM
Recommendation: Float, but float with caution!Contact me for a rate quote! With no reports on the Economic Calendar today, the bond market is holding steady which means interest rates are holding. The Big News is scheduled for Wednesday (October 31st) as we all await the Feds next move; whether to cut … (2 comments)
mortgage rates report: Pasadena Mortgage Rates Report - October 25, 2007 - 10/26/07 08:25 PM
Stocks traded higher today on strength in from players like Countrywide and Microsoft. Countrywide did report negative earnings however not as low as "the Street" wa expecting. What's more, they did show signs of an optimistic future. This is significant because when Stocks move higher, it comes at the expense of … (4 comments)
mortgage rates report: Pasadena Mortgage Rates Report - October 24, 2007 - 10/24/07 03:58 PM
To all of my Southern California friends, family and colleagues affected by the fires, please know that my thoughts & prayers go out to you! You have friends and family here and everywhere to support you! With an Active Rain Network 54,000+ members strong, you have a tremendous amount of … (4 comments)
mortgage rates report: Pasadena Mortgage Rates Report: October 19, 2007 - 10/19/07 08:45 PM
Recommendation: Float, but float with caution! On the Economic Calendar - we have no reports scheduled for release today! As such, we should see bonds take the lead with positive technical signs as demand for them is up. Though we have no reports to release, today does hi-light the anniversary … (0 comments)
mortgage rates report: Pasadena Mortgage Rates Report: October 18, 2007 - 10/18/07 07:57 PM
Recommendation: Continue to float but float cautiously! Contact me for a personal rate quote! Mortgage Bonds traded modestly higher today. Remember... Bonds Rates Up = Interest Rates Down | Bond Rates Down = Interest Rates Up Important News Today: Initial Jobless Claims reported today well above expected levels for … (0 comments)
mortgage rates report: Pasadena Mortgage Rates Report: October 17, 2007 - 10/17/07 09:27 PM
Mortgage Bonds are modestly higher; remember... Bonds Rates Up = Interest Rates Down | Bond Rates Down = Interest Rates Up That brings us to our point... It's time to start floating those loans! We should be watching mortgage rates in Pasadena drop lower these next 3-7 days. Do not lock in … (0 comments)
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