empire home mortgage inc: Mortgage Rate Lock advisory for Monday, November 8, 2010 - 11/08/10 03:43 AM
Are you looking for a New York or Florida mortgage? If so then consider Bob Amato of Empire Home Mortgage Inc. We answer our phones seven days a week until 9PM. Our toll free number is (866) 742- 5227. Visit our website, www.empirehomemortgageinc.com . You can find answers to all of your financing questions there. If you are considering locking a New York or Florida mortgage rate consider this post.
Monday’s bond market has opened up slightly following early stock weakness. The stock markets are starting the week by giving back some of last week’s gains. The Dow is currently down … (0 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Friday, November 5, 2010 - 11/05/10 04:24 AM
If you are considering locking an interest rate for a New York or Florida Mortgage consider this post.
Friday’s bond market is trading in negative territory after this morning’s highly important employment data showed stronger than expected results, but is well off of earlier lows. The stock markets initially looked to be moving much higher after the data was released, but they are now showing minor gains of 8 points in the Dow and 3 points in the Nasdaq. The bond market is currently down 6/32, however, this is much better than early morning levels that would have probably led to … (0 comments)

empire home mortgage inc: Update for mortgage Rate Lock advisory for Wednesday, November 3, 2010 - 11/03/10 10:46 AM
If you are considering locking an interest rate for a New York or Florida mortgage consider this post after the feds meeting.
This week’s FOMC meeting has adjourned with some interesting and relevant news. As expected, there was no change to key-short term interest rates. The post-meeting statement said that the Fed feels the economy is growing, but at a ?disappointingly? slow pace. They renewed their statement that they intend to keep key rates near current levels for some time and again indicated that inflation was not much of a concern at this point. All of this can be taken as … (1 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Wednesday, November 3, 2010 - 11/03/10 07:29 AM
If you are considering locking an interest rate for a New York or Florida mortgage consider this post.
Wednesday’s bond market has opened in positive territory again as investors prepare for today’s FOMC meeting adjournment. The stock markets initially opened in positive ground but have since slipped into negative territory. The Dow is currently down 16 points while the Nasdaq has fallen 8 points. The bond market is currently up 10/32, which should improve this morning’s mortgage rates by approximately .250 of a discount point.Today’s only relevant economic data was September’s Factory Orders report. It revealed a 2.1% increase in new … (0 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Monday, November 1, 2010 - 11/01/10 05:44 AM
If you are considering locking an interest rate for a New York or Florida mortgage consider this post.
Monday’s bond market has opened in negative territory following mixed results from this morning’s economic data and early strength in stocks. The stock markets have given back some of their earlier gains, but remain in positive ground. The Dow is currently up 48 points while the Nasdaq has gained 3 points. The bond market is currently down 9/32, which will likely push this morning’s mortgage rates higher by .125 - .250 of a discount point.There were two reports released this morning that are … (1 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for the week of Monday, November 1, 2010 - 11/01/10 02:27 AM
If you are considering locking an interest rate for a New York or Florida mortgage, consider this post.
 This week brings us the release of five relevant economic reports for the markets to digest with two of those reports being much more important than the rest. In addition to the factual reports, we also have another FOMC meeting to work around this week. This leads me to believe that we will see another active week for mortgage rates. The first data comes early tomorrow morning when September’s Personal Income and Outlays report will be posted. This data gives us an indication of … (1 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Friday, October 29, 2010 - 10/29/10 08:17 AM
If you are considering locking an interest rate for a New York or Florida mortgage consider this post.
Friday’s bond market has opened in positive territory after this morning’s economic data failed to give us any negative surprises. The stock markets are calm with the Dow fluctuating between up and down a couple of points and the Nasdaq up 3 points. The bond market is currently up 10/32, which should improve this morning’s mortgage rates by approximately .125 - .250 of a discount point.Today’s key data was the preliminary reading of the 3rd Quarter Gross Domestic Product (GDP). It showed that … (0 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Wednesday, October 27, 2010 - 10/27/10 03:43 AM
 
If you are considering locking an interest rate for a New York or Florida mortgage consider this post.
Wednesday’s bond market has opened in negative territory despite mixed economic data and early stock losses. The stock markets are in selling mode with the Dow down 75 points and the Nasdaq down 3 points. The bond market is currently down 16/32, which will likely push this morning’s mortgage rates higher by approximately .250 of a discount point.The Commerce Department said early this morning that September’s Durable Goods Orders rose 3.3% last month, exceeding the forecasted 1.8% increase by a fairly wide … (0 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Tuesday, October 26, 2010 - 10/26/10 05:52 AM
If you are considering locking an interest rate for a New York or Florida mortgage, consider this post.
Tuesday's bond market has opened in negative ground due to stronger than expected economic news. The stock markets are relative calm with the Dow down 10 points and the Nasdaq nearly unchanged. The bond market is currently down 13/32, which will likely push this morning's mortgage rates higher by approximately .250 of a discount point.The Conference Board gave us this morning's economic data, announcing a reading 50.2 in their Consumer Confidence Index (CCI) for October. This was a little higher than what analysts … (1 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Monday, October 25, 2010 - 10/25/10 10:24 AM
If you are considering locking an interest rate for a New York or Florida mortgage consider this post.
Monday's bond market has opened in positive territory despite stronger than expected housing data and early stock strength. The stock markets are reacting favorably to the data, pushing the Dow up 70 points and the Nasdaq up 15 points. The bond market is currently up 10/32, which should improve this morning's mortgage rates by approximately .125 of a discount pointThe National Association of Realtors said late this morning that sales of existing homes rose approximately 10% last month. This was much stronger than … (0 comments)

empire home mortgage inc: Maintaining, purchasing and installing hot water heaters. - 10/24/10 07:26 AM
 If you enjoy taking hot showers or baths, and who doesn't, you should be thankful for a little known or cared about thing in your basement called a Hot Water Heater. I remember George Carlin made fun of this appliance that it should be called a cold water heater and not a hot water heater as it heats cold water not hot.
 
 

 This post comes from my own experience as my water heater is over 15 years old and I do not want to deal with the expense of recovering from a flood.
 You do not think about … (3 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Friday, October 22, 2010 - 10/22/10 10:13 AM
If you are considering locking an interest rate for a New York or Florida Mortgage, consider this post.
Friday's bond market has opened fairly flat following a mixed open in the stock markets. The Dow is showing a 17-point loss while the Nasdaq has gained 13 points. The bond market is nearly unchanged from yesterday's close, meaning we should see little change in this morning's mortgage rates.
There is no relevant economic data scheduled for release today, so we should be looking towards the stock markets for guidance on bond trading. If the major stock indexes move upward from current levels, … (0 comments)

empire home mortgage inc: Cell Phone information - 10/21/10 07:16 AM
Here are some interesting facts about what you can do with your cell phone. It would be wise to print them out and keep them in the glove compartment box of your car just in case.
5 Things You Never Knew Your Cell Phone Could DoFor all the folks with cell phones. (This should be printed and kept in your car, purse, and wallet. Good information to have with you.)There are a few things that can be done in times of grave emergencies.Your mobile phone can actually be a life saver or an emergency tool for survival.Check out the things that … (4 comments)

empire home mortgage inc: New Rule for NY foreclosure attornies - 10/21/10 02:50 AM
In today's paper there was an article that New York State courts began ordering lenders' attorneys in foreclosure cases to file sworn statements that they have made reasonable steps to check the accuracy of the documents. This is a response to the nationwide mess over "robosigning" of affidavits.
 Lenders already swear to the accuracy of papers when they file foreclosure suits, but in recent weeks sloppy documentation attesting to the ownership of mortgage notes had forced Ally Bank, GMAC, JP Morgan Chase and Bank Of America to suspend foreclosures. Chase and Bank of America are to resume foreclosure preceedings next week.
… (0 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Friday, October 15, 2010 - 10/15/10 07:52 AM
If you are considering locking in a New York or Florida mortgage interest rate consider this post.
 Friday's bond market has opened in negative territory as yesterday afternoon's selling extends into this morning's trading. The stock markets are mixed with the Dow down 25 points and the Nasdaq up 17 points. The bond market is currently down 6/32, which will likely push this morning's mortgage rates higher by approximately .125 - .250 of a discount point.Today's economic data came in favorable for the most part, but one the more important reports we see each month showed stronger than expected results. The … (1 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Thursday, October 14, 2010 - 10/14/10 04:49 AM
If you are considering locking in a mortgage rate for a New York or Florida property, consider this post.
Thursday's bond market has opened down slightly after this morning's economic data gave us mixed results. The stock markets are relative flat with the Dow and Nasdaq both up a couple of points. The bond market is currently down 4/32, but we will still likely see an improvement of approximately .125 - .250 of a discount point in this morning's mortgage rates due to strength late yesterday.The first of today's two monthly releases was September's Producer Price Index (PPI). The Labor Department … (0 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Wednesday, October 13, 2010 - 10/13/10 05:43 AM
If you are considering locking in an interest rate for a New York or Florida mortgage, consider this post.
Wednesday's bond market has opened in negative territory due to strong stock gains during early trading. The stock markets are reacting favorably to some corporate earnings results that have the Dow up 110 points and the Nasdaq up 26 points. The bond market is currently down 8/32, which should push this morning's mortgage rates higher by approximately .250 of a discount point.There is no relevant economic data scheduled for release today, but we do have the 10-year Treasury Note auction to watch. … (1 comments)

empire home mortgage inc: Mortgage Rate Lock advisory for Tuesday, October 12, 2010 - 10/12/10 07:01 AM
If you are considering locking a New York or Florida Mortgage Loan, consider this post.
Tuesday's bond market has opened in positive territory following early weakness in stocks. The stock markets are starting this holiday-shortened week in negative ground with the Dow down 50 points and the Nasdaq down 8 points. The bond market is currently up 6/32, which should improve this morning's mortgage rates by approximately .125 of a discount point from Friday's morning pricing.There was no relevant economic data posted this morning, but we do have something of interest being released this afternoon. The Fed will release the minutes … (0 comments)

empire home mortgage inc: Here is a Mortgage Rate Lock advisory for the week of October 11, 2010 - 10/11/10 02:43 AM
If you are considering locking in an interest rate for a New York or Florida mortgage, here is a posting of factors to consider.
This week brings us the release of five economic reports that are of interest to the mortgage market along with the minutes from the last FOMC meeting and two important Treasury auctions. The week also gets heavy in quarterly earnings releases for companies, which could cause significant movement in the stock markets. The earnings results could affect bond trading as investors move funds into stocks if the reports are good. The other possibility is that the earnings … (4 comments)

empire home mortgage inc: Here is a Rate Lock Advisory for New York and Florida Mortgages for Friday, October 8, 2010 - 10/08/10 06:07 AM
Here is a Rate Lock Advisory if you are considering locking an interest rate for a New York or Florida mortgage.
Friday's bond market has opened in positive territory after this morning's employment data gave us favorable results. The stock markets have actually had little reaction to the news with the Dow and Nasdaq mixed from yesterday's close. The Dow is currently up 10 points while the Nasdaq has slipped 4 points. The bond market is currently up 9/32, which should improve this morning's mortgage rates by approximately .125 of a discount point.The Labor Department gave us September's Employment report this … (1 comments)