interest rates: OK, Apparently not Everyone is Getting it? - 08/30/07 09:50 AM
What am I talking about? How mortgage interest rates are driven. I continue to see so-called experts, politicians, etc. stating that a Fed rate cut will help adjustable rate holders. That is not the reality. What drives mortgage rates are Mortgage Backed Securities (MBS). These are the bonds that are a "package" … (2 comments)
interest rates: Adjustable or Fixed Rate: Which One Should You Choose? - 07/27/07 03:24 PM
With all of the media reports about how bad ARMs and exotic mortgages are, you would first jump to the conclusion that Fixed Rate Mortgages (FRMs) are clearly the better deal. I am sure you have seen the reports of the subprime woes and how many families have been forced into … (12 comments)
interest rates: Mortgage Market Meltdown - Will it be Subprime Only? - 07/11/07 07:16 PM
Not a day goes by that you do not hear about the Subprime Mortgage Market disaster and how many people have lost their homes due to bad loans, dishonest mortgage lenders, etc. But will the effects only be felt in the Subprime Markets? The answer may surprise you. First, let's talk about … (8 comments)
interest rates: Realtors, You should be scared right now! - 06/09/07 07:11 AM
Why did I start off with this statement? The recent destruction in the Mortgage Backed Securities market has driven interest rates up significantly recently. That means one thing. Your buyers cannot qualify for as much of a mortgage as they used to!!! That's right, if your buyer has not locked a loan … (7 comments)
interest rates: Has Anyone Seen the Bottom of This Pit? - 06/07/07 10:20 AM
You have heard the tales of the Bottomless Pit, and that is what Mortgage Backed Securities have found. They continue to freefall with no support sighted in the near future. Ok, since May 8th, we have seen Mortgage Bonds begin their fall, trading within a Downward Channel. On May 14th, we advised … (4 comments)
interest rates: Florida Mortgage Market Update - 06/05/07 10:02 AM
We remain in a LOCKING stance. Mortgage Bonds = -22bp. What do the "Coriolus Effect" and Bonds have in common? Well, the Coriolus Effect describes the whirlpool action that sucks water down in a circular fashoin and bonds continue to be "sucked down" as they remain in their downward channel. Ben Bernanke … (0 comments)
Florida Mortgage Specialist provides "thought provoking" topics and strategies for proper mortgage planning. MEDS™ is a unique mortgage process that properly integrates your mortgage into your financial plan.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
What am I talking about? How mortgage interest rates are driven. I continue to see so-called experts, politicians, etc. stating that a Fed rate cut will help adjustable rate holders. That is not the reality.
;)
;)
