inflation: We Could Gain or Lose 10% in the Market This Coming Week.......
- 08/14/11 12:10 PM
Last week was absolute insanity in the market. Up down around. Trillions upon trillions of dollars of market capital was lost. The aftershocks of the debt downgrade, Euro debt fears, and the realization of an overall global economic slow down drove the volatility through the roof. The fed last Tuesday vowed to keep the rates low until the middle of 2013. This was a change from what they had previously stated or didn't state with their "extended period language". This week is loaded with economic data and we could be in a world of hurt at the end of the week … (3 comments)
inflation: The Mortgage Buddy Mid Week Review
- 05/11/11 11:04 AM
We are having a busy week of activity in the real estate industry, the stock markets, and the mortgage world. Tomorrow Ben Bernake is going to be going in front of Congress with some new testimony. According to reports he is going to be discussing and recommending even more regulations on the banking industry. My hope is that this is not going effect the mortgage industry too bad, but I'm sure it can't be that positive. Today we had a huge sell off in commodity prices across he board. Oil, silver, and gasoline prices where dramatically down on the day, leading … (2 comments)
This week looks to be the most active week for rates in several weeks. There is a calendar full of economic data points that could swing the bond market either way. The 3 Major Factors to Impact this Weeks Rates are 2nd Quarter Earnings-AA Alcoa opens up the 2nd quarter earnings season this week followed by the bank. This is something to really pay attention to. Has the increase in fuel prices hurt companies bottom lines this quarter? Has the export market been hurt by the Japanese crisis? Or will this market continue to push high despite all of … (0 comments)
inflation: Rate Outlook for the Week Beginning March 14th
- 03/13/11 02:19 PM
Rate Outlook for the Week Beginning March 14th This week looks to be another exceptionally volatile week. When I wrote last weeks outlook, the focus was on oil prices and the 10yr Treasury Auction. Well the market didn't disappoint with a strong auction that led to mortgage rates trending lower. This coming week has some economic data points, continued oil instability and the market after shocks of Friday's earthquake in Japan. In overnight trading the Japanese market has is down considerably and the question remains whether that will carry over to our market. No matter what the answer it's going to … (1 comments)
I decided to start writing this blog to be an education resource to my referral partners and my clients. We live in a new world of mortgage lending in which we need to be up to date on the changing underwriting guidlines and mortgage products offered. It's through these updates that we will all be able to provide our clients with the customer service they derserve and expect. It's my belief that this industry insight is what will take our business to the next level.
Education = Confidence
Last week was absolute insanity in the market. Up down around. Trillions upon trillions of dollars of market capital was lost. The aftershocks of the debt downgrade, Euro debt fears, and the realization of an overall global economic slow down drove the volatility through the roof.
;)
;)
