education: Should I float? Should I lock? - Daily Update for Thursday, May 15, 2008 - 05/15/08 09:31 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
More "good" news this morning. Jobless Claims are reporting an increase and a regional … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, May 14, 2008 - 05/14/08 02:33 PM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Prices came in below target expectations today. Both the regular and the core … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, May 13, 2008 - 05/13/08 07:41 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Retail sales came in exactly on target. Unfortunately, sales minus the ever fluctuating auto … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, May 12, 2008 - 05/12/08 08:43 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
With a week filled with all sorts of economic news, bonds will be taking … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, May 9, 2008 - 05/09/08 09:42 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Balance of Trade for last month was slightly lower. Yesterday, two European banks left … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, May 8, 2008 - 05/08/08 07:52 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Jobless Claims came out this morning slightly lower than expected. Is this a statistical blip … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, May 7, 2008 - 05/07/08 08:35 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
One more day till scheduled economic news comes out - Jobless Claims. We are still … (6 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, May 6, 2008 - 05/06/08 08:17 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news of the day - Fannie Mae reports a bigger loss than expected and … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, May 5, 2008 - 05/05/08 09:10 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Other than news of Microsoft not buying Yahoo for $46 billion, the only other real … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, May 2, 2008 - 05/02/08 08:48 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Unemployment has dropped - to 5.0%, Jobless claims weren't as bad as expected - still … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, May 1, 2008 - 05/01/08 07:49 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Fed did it - dropped the target rate .25% to 2.00% and hinting a … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, April 29, 2008 - 04/29/08 09:04 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Confidence came in lower than expected - though after Friday's report somewhat expected. Tomorrow, … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, April 28, 2008 - 04/28/08 08:10 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Confidence is on tap for tomorrow. Wednesday, The Fed will more than likely be … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, April 25, 2008 - 04/25/08 09:10 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Sentiment was expected to be at levels higher than last month but ended up … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, April 24, 2008 - 04/24/08 08:32 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Good (Bad) News of the day - Durable Goods Orders were down 3/10% as opposed … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, April 23, 2008 - 04/23/08 08:29 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Yesterday Existing Home Sales came in right on target which did little to sway the … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, April 22, 2008 - 04/22/08 07:48 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
We are still a day from any regular scheduled economic reports. Therefore bonds will be … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, April 21, 2008 - 04/21/08 08:05 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Regularly scheduled market reports are not due out again until Wednesday. Bonds will be taking … (1 comments)
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education: Banks & Lenders not get the Memo - Part II - 04/18/08 11:14 AM
It appears FNMA is listening - though I don't know the amount of control they are actually going to have.
Statement by Brian Faith Managing Director, Communications on Jumbo Conforming Loan PricingApril 17, 2008
Fannie Mae is providing price certainty for all our customers for jumbo-conforming mortgages. We believe price certainty is important … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, April 18, 2008 - 04/18/08 08:04 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Talk about jittery for all the wrong reasons. Citibank reported earnings this morning. They had … (0 comments)
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education: Did Banks/Lenders not get the Memo? - 04/17/08 02:42 PM
I just saw a post written by the senior editor at large of Fortune Magazine.
On the surface he is claiming that the rich and upper middle class are getting a break in the stimulus package due to the raising of conforming limits. (In some areas of the country as high as … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, April 17, 2008 - 04/17/08 09:15 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
All the rosy news that came out yesterday was for not. The stock market really … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, April 16, 2008 - 04/16/08 08:52 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Price Index came in at levels analysts expected. Housing starts plummeted to 17 year … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, April 15, 2008 - 04/15/08 07:41 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Producer Price Index was released just a little bit ago. The overall index jumped by … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, April 14, 2008 - 04/14/08 07:52 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
This morning the Retail Sales report came out with a mixed bag. All sales was … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, April 11, 2008 - 04/11/08 09:19 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Sentiment was reported this morning coming in lower than expected. This coupled with the … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, April 10, 2008 - 04/10/08 08:01 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Initial Jobless claims for last week came in lower than expected. The trade deficit increased … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, April 9, 2008 - 04/09/08 08:31 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news of yesterday was the release of the minutes from the last Fed meeting. … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, April 8, 2008 - 04/08/08 08:08 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Though bonds will be taking their lead from stocks this morning, the report that could … (7 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, March 7, 2008 - 04/07/08 08:59 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
No News on tap for today. Federal Reserve Meeting Minutes from when the Fed dropped … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, April 4, 2008 - 04/04/08 07:53 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Well - here's an interesting tidbit of information. Remember that ADP report from Wednesday? According … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, April 3, 2008 - 04/03/08 07:41 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
That "new fangled" report coming out yesterday? Well, they were a bit off. Jobless claims … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, April 2, 2008 - 04/02/08 07:30 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
A "new" report has been introduced to the national consciousness. The payroll company ADP, which … (0 comments)
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education: Should I Lock? Should I Float? - Daily Update for Tuesday, April 1, 008 - 04/01/08 09:38 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
A national index of purchasing executives was released today- ISM Index - coming in slightly … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, March 31, 2008 - 03/31/08 08:59 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Chicago "Business Barometer was release a little bit ago. It came in higher than … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, March 28, 2008 - 03/28/08 07:44 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news of the day - Personal Consumption Expenditures - came in exactly at expectations. … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, March 27, 2008 - 03/27/08 07:52 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Auto Sales came under what was expected - should be good news; Jobless Claims were slightly … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, March 25, 2008 - 03/25/08 09:14 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Stocks rising on shareholders realizing their investment is worth more and demanding more - oh … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, March 24, 2008 - 03/24/08 07:46 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
A few news bits out early this week, look for the big news item on Friday … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, March 21, 2008 - 03/21/08 10:02 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Both stock market and bond market are closed today for the holiday.
Technically speaking - … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, March 20, 2008 - 03/20/08 08:19 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Good News yesterday. The government oversight of Fannie Mae and Freddie Mac was lifted slightly. … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, March 19, 2008 - 03/19/08 08:02 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
.75% decrease! Wow. Who would of thought that the Fed would be dropping the target … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, March 18, 2008 - 03/18/08 08:06 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
It's official - let confusion reign. Housing starts actually went up last month! The Producer … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, March 17, 2008 - 03/17/08 08:42 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Surprise and rare move by the Fed last night. The Fed lowered the discount lending … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, March 13, 2008 - 03/13/08 08:02 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
WOW! The good/bad news is that Retail Sales fell through the floor. Instead of coming … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, March 12, 2008 - 03/12/08 08:42 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Federal Reserve injecting the load of cash to the banking system yesterday delighted both … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, March 11, 2008 - 03/11/08 08:09 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
No big news due out today. The Federal Reserve is attempting to promote liquidity in … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, March 10, 2008 - 03/10/08 08:40 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Jobs Report that came out Friday - the worst in 5 years - had … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, March 7, 2008 - 03/07/08 07:45 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Oh I feel like such a Scrooge! A really bad Jobs Report this morning which … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, March 6, 2008 - 03/06/08 11:49 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Jobless Claims came in lower than expected this morning. The is not setting up a … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, March 5, 2008 - 03/05/08 09:36 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Productivity report showed a slight improvement today. The Service Index which started a big … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, March 4, 2008 - 03/04/08 08:45 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news of the week will be on Friday. Though nothing is scheduled today, Mr. … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, Mrch 3, 2008 - 03/03/08 09:18 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Only economic report out today is the Manufacturing Index Report. This tells how manufacturing executives … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, February 29, 2008 - 02/29/08 10:05 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
A whole slew of reports this morning. Personal Income and Spending both came in higher. … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, February 28, 2008 - 02/28/08 07:53 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
More good news (at least from a rate perspective). Gross Domestic Product came in lower … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, February 27, 2008 - 02/27/08 07:42 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
2 reports came out today as well. Durable Goods came in much worse than expected (New … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, February 26, 2008 - 02/26/08 07:43 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
3 reports were released this morning. Consumer confidence was down (good), Producer Price Index was … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, February 25, 2008 - 02/25/08 09:08 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Only news released this morning was existing home sales. Even though dropping by .4%, home … (0 comments)
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education: Locking / Floating Interest Rates - The Weekend Edition - Feb 23, 2008 - 02/23/08 08:38 AM
ok - time to flagellate a deceased equine! (Beat a dead horse)
The two big news items of the week were the Core Consumer Price Index remaining steady and the Philadelphia Fed Index worsening significantly. The implications of the Core CPI was not lost on traders showing inflation is still a possible … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, February 22, 2008 - 02/22/08 07:59 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
With no economic reports out today, stocks will be driving the bus for bonds and … (6 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, February 21, 2008 - 02/21/08 10:51 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Jobless Claims report came out this morning essentially in line with expectations. The big … (5 comments)
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education: Free Seminar for any local group looking to better understand the following topics... - 02/20/08 09:48 AM
This offer is good for any group looking for a guest speaker in the Maryland, DC, Virginia area.
I have several different topics I would be happy to give a seminar on.
Credit - The ins & outs and why good credit is more important than ever in today's market placeThe Credit Crunch … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, February 20, 2008 - 02/20/08 07:58 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Price Index was released this morning showing number higher than expected overall. This combined … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, February 19, 2008 - 02/19/08 07:28 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
No scheduled economic news is on tap for today. Therefore bonds will be taking direction … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, February 15, 2008 - 02/15/08 09:12 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Industrial Capacity and Utilization came in near analyst expectations. While not necessarily either good or … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, February 14, 2008 - 02/14/08 08:25 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news today. Balance of Trade deficit came in lower than expected and Jobless Claims … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, February 13, 2008 - 02/13/08 07:51 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news today. The retail sales for January came better than expected. This means that stock … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, February 12, 2008 - 02/12/08 08:09 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Again - with little scheduled economic news to take guidance from, bonds are looking for … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, February 11, 2008 - 02/11/08 08:30 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
With no economic news reports coming out until Wednesday bonds will be taking a general … (3 comments)
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education: Locking / Floating Interest Rates - The Weekend Edition - Feb 9, 2008 - 02/09/08 04:49 PM
ok - time to flagellate a deceased equine! (Beat a dead horse)
Most exciting news of the week was the extreme reading on the Services Index that had been released on Tuesday. The rather low reading caused bond to spike nicely. This was reversed the next day by the "rantings" of Dallas … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, February 8, 2008 - 02/08/08 09:58 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Bonds took a big tumble yesterday due to a speech by Dallas Fed Chairman "Loose … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, February 7, 2008 - 02/07/08 08:13 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Yesterday stocks tried bouncing back from the bleak outlook that Tuesday caused. One report yesterday … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, February 6, 2008 - 02/06/08 07:52 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Yesterday what should have been slow news turned into a big deal. The ISM Index … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, February 5, 2008 - 02/05/08 08:14 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Little news due out this week. Bonds will be taking direction from stocks and other … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, February 4, 2008 - 02/04/08 08:00 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Little news due out this week. Bonds will be taking direction from stocks and other … (4 comments)
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education: Locking / Floating Interest Rates - The Weekend Edition - Feb 2, 2008 - 02/03/08 08:01 AM
ok - time to flagellate a deceased equine! (Beat a dead horse)
The more things change, the more they stay the same!
The Fed lowered the Fed funds rate by another 1/2 point this week. How did the markets react?
Overall - the FNMA 5.5% 30 year bond went up .066 or almost … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, February 1, 2008 - 02/01/08 07:56 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Good News - Bad News. Unemployment fell by .1% - Payrolls were down 17,000 from an … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, January 31, 2008 - 01/31/08 07:53 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Mixed bag of news today. Personal Income Expenditures held at expected levels, though personal income … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, January 30, 2008 - 01/30/08 07:57 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Gross Domestic Product (GDP) was released today coming in lower than expected. Auto Sales were … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, January 29, 2008 - 01/29/08 08:13 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Today the Durable Goods report came out for December. Good Economically speaking, the report show … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, January 28, 2008 - 01/28/08 08:13 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Last week's fears and roller coaster are not yet a distant memory. Overseas markets took … (4 comments)
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education: Locking / Floating Interest Rates - The Weekend Edition - Jan 26, 2008 - 01/26/08 03:46 PM
ok - time to flagellate a deceased equine! (Beat a dead horse)
This past week was a doozy! The Federal Reserve lowered the Fed Funds rate by 3/4% to 3.5%. The last time we saw 3.5% in the Fed Funds Rate was October 2006! This action by the Fed, news results of … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, January 25, 2008 - 01/25/08 07:43 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
After yesterday's news of unemployment numbers coming in less than expected and an agreement between … (1 comments)
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education: What Happened to the Promised Drop in Mortgage Rates? (An Analysis) - 01/24/08 04:59 PM
News we all know already - The Fed dropped the Fed Funds rate by 3/4 of a point to 3.5% on Tuesday. Banks quickly matched that and dropped the Prime Lending rate to 6.5%.
Now the question is why are bonds falling and conversely mortgage rates appearing to rise?
Initially, when … (8 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, January 24, 2008 - 01/24/08 07:55 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
News out this morning shows Jobless Claims coming in lower than expected. I feel this shows the Fed reacted … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, January 23, 2008 - 01/23/08 07:57 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Though a slow week in terms of scheduled economic news, it has been a busy … (8 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, January 22, 2008 - 01/22/08 07:29 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Slow week in planned economic news. The big news of today is the sell-off of … (4 comments)
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education: Locking / Floating Interest Rates - The Weekend Edition - Jan 19, 2008 - 01/19/08 05:13 PM
ok - time to flagellate a deceased equine! (Beat a dead horse)
If you have been following my weekday blogs (links provided below), you will see that consumers should have locked for the majority of the week even though stocks were getting worse and the economic news wasn't very good. The FNMA … (4 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, January 18, 2008 - 01/18/08 07:41 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
With little economic reports coming out today, bonds will be taking direction from stocks and … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, January 17, 2008 - 01/17/08 12:36 PM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
As you may have already heard, housing starts at their worst levels in nearly 12 … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, January 16, 2008 - 01/16/08 07:51 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Consumer Price Index(CPI) report came out today with the overall numbers coming in .1% higher … (1 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, January 15, 2008 - 01/15/08 08:00 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news came out today with Retail Sales being down .4% and the Producer Price … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, January 14, 2008 - 01/14/08 07:51 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Slow News today. Bonds will be taking their cue from stocks today. Though look for … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, January 11, 2008 - 01/11/08 07:41 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Both stocks and bonds were on a mini roller coaster ride yesterday. The jobs report … (5 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, January 10, 2008 - 01/10/08 07:51 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Some scheduled news occurred today. Jobless claims came in lower than expected. Yesterday, the stock market … (2 comments)
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education: Should I float? Should I lock? - Daily Update for Wednesday, January 9, 2008 - 01/09/08 07:29 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Yesterday stocks got slammed in a big way. As a result the sell-off that was … (6 comments)
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education: Should I float? Should I lock? - Daily Update for Tuesday, January 8, 2008 - 01/08/08 08:08 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
This is going to look rather like yesterday - though bonds did make a bit … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Monday, January 7, 2008 - 01/07/08 07:44 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Slow news week (nothing comes out until Thursday) so bonds will be taking most of … (3 comments)
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education: Should I float? Should I lock? - Daily Update for Friday, January 4, 2008 - 01/04/08 07:45 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Big news released today showing Unemployment higher than expected, Hourly Earnings were also higher than … (0 comments)
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education: Should I float? Should I lock? - Daily Update for Thursday, January 3, 2008 - 01/03/08 07:28 AM
Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The manufacturing index that was spoken of yesterday came in quite a bit lower than … (2 comments)
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