|
| |
mortgage bonds: Who Moved My Cheese.... - 07/14/09 10:20 AM
Better than expected earnings from Corporate America, higher Retail Sales and a hot Producer Price Index has moved our 30 year Mortgage Back Security from the cheese platter to....the waste basket? Oh no....
The producer price index is a reading on wholesale inflation. The headline number was hot and after stripping out energy and food, the core number was quite a bit better than expected. Of course there still is no fear of inflation just yet, but today shows us that any suggestion of future inflation can ruin the day in the bond markets. Tomorrow will get a better idea of … (0 comments)
|
mortgage bonds: Mortgage Bonds Bust a Move... - 07/08/09 04:13 PM
Mortgage Backed Securities (MBS) are moving again! Over the past several days, MBS have been improving as stocks continue their struggle. Today's bond auction was well received which has helped fuel a beautiful rally today, giving Bonds the needed momentum to break above some tough overhead resistance. The past few days gains have brought rates back...well, almost back...to the levels of one month ago.
Rumors of a 2nd stimulus plan hit the wires just days ago and the chatter continues. The first stimulus plan was aimed at Banks, Automakers, City and State governments. New reports indicate that it also put more … (0 comments)
|
mortgage bonds: What's in store for Mortgage Rates? - 06/23/09 10:59 AM
Today the Fed begins their 2 day meeting. We know the Fed Funds Rate is not going to change, but there is speculation that the Fed will buy more longer-term Treasuries, which may provide a jump start to eventually bring Mortgage rates down.
So if you are still considering a refinance, it is important to be ready to pull the trigger should "Fed-speak" cause a rally tomorrow. Be prepared to act quickly.
I've seen many people pass on saving $200 per month in the hopes rates might improve a bit more, helping them gain another $25 per month in additional savings … (0 comments)
|
|
|
|
|
|
Elizabeth Rose - Certified Mortgage Planning Spec - Texas
Highland Village,
TX
More about me…
Network Funding, LP
Address: 2800 Corporate Drive, Suite 101, Flower Mound, TX, 75028
Office Phone: (972) 244-3121
Cell Phone: (972) 345-3268
Email Me
An inside look at the mortgage market and how it might affect you.
 Links
Archives
|
|
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.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)