freddie: Fed Cuts Rates, but Mortgage Rates Go Up? - 02/25/08 10:59 AM
CNN this morning reported on a new "conundrum" faced by the Federal Reserve.  Industry veterans will recall 2-3 years ago when then Fed Chief Alan Greenspan noted the unfathomable disconnect between bond yields and Fed rate moves.  Now Ben Bernanke is faced with the prospect of his moves having a similar, … (2 comments)

freddie: $729,750: The New Jumbo (for now) - 02/11/08 12:27 PM
That's right, the economic stimulus package will be in effect shortly, and with it will come the ability for Government Sponsored Entities Fannie Mae and Freddie Mac, along with the Federal Housing Administration (FHA), to increase their loan purchase limits significantly in higher cost areas.  Sure, more of us are thinking … (2 comments)

freddie: What's the best weekend to get your more marginal clients signed into purchase agreements? - 11/30/07 02:50 PM
This weekend is, if a massive pricing adjustment I just received from one of our lenders spreads across the whole market.
I just received an email indicating that borrowers with credit scores below 680, along with borrowers with debt-to-income ratios higher than 50%, will be charged as much as an additional 1% … (2 comments)

freddie: Mortgage Rates Leave Treasuries in the Dust - 11/23/07 02:36 PM
I get an email every morning from a wholesale lender I've never met or closed a loan with, telling me about his take on the market.  Specifically, today's email stated that treasury notes had slipped on investors renewed interest in a potentially rising stock market.
That's all very well and good, but … (0 comments)

 
Loan Officer: Dan Hartman (Province Mortgage Associates)
Dan Hartman
Providence, RI
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Province Mortgage Associates

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