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New Home Sales Decline In October As Prices Climb - 11/30/06 01:33 PM
New homes sales dropped in October by the largest amount since July as home prices increased after falling sharply in September, according to the Commerce Department.According to the recent report, monthly sales of new home reached 1.004 million at a seasonally-adjusted annual rate, a 3.2% decline from September. In July, home … (0 comments)

Top 15 Mortgage Originators for Q3 '06 - 11/22/06 10:58 PM
1. Countrywide Financial Corp. ($113.7 billion)Down from $116.6 billion in the second quarter, but down from $146.0 billion one year ago.2. Wells Fargo & Co. ($104.0 billion)Down from $116.0 billion in the second quarter, but up from $103.0 billion one year ago.3. Residential Capital Corp. ($51.5 billion)Up from $47.0 billion in … (2 comments)

Rate Lock Advisory - 11/08/06 12:51 PM
Rate Lock Advisory - Wednesday Nov. 8thWednesday's bond market has opened fairly flat, showing the election results were priced into yesterday's rally. The stock markets are also near yesterday's closing levels with the Dow down 2 points and the Nasdaq down 1 point. The bond market is currently down 1/32, but … (0 comments)

Ruling Out Nothing - 11/07/06 06:00 AM
Although fixed mortgage rates dropped by a dozen basis points last week to land at 6.38%, you shouldn't expect them to wait there for long, according to the datafrom the nation's leading survey  of mortgage pricing. Hybrid five-one ARMs tripped lower, too, easing 13 basis points to close the survey period at 6.16%. Both … (0 comments)

 
Loan Officer: Kevin Rhodes (Continental Home Loans)
Kevin Rhodes
Bridgeport, CT
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Continental Home Loans

Office Phone: (203) 572-0597
Cell Phone: (203) 522-1659
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