Mortgage Market Extremely Volatile - 01/31/08 11:33 AM
 
Mortgage Bonds are currently trading higher in this very volatile environment, but we need to keep a close watch on this as Bonds have already given up some ground after touching the ceiling of resistance located at the upper trend line.  Yesterday, the Fed did indeed drop the Fed Funds Rate … (2 comments)

Understanding Mortgage Rates- Why a rate cut by Fed leads to higher mortgage rates - 01/30/08 09:35 PM
Hi to all!
 Today the Federal Reserve Board cut Fed Funds rate by .50% to 3%.  Mortgage rates actually went up a little bit.  Why? 
 It is actually a little scary how often I see the so-called "experts" on CNBC state that lower rates by the Fed will lead to lower long … (9 comments)

 
Loan Officer: Mike Smith (The Mike Smith Lending Team )
Mike Smith
Roseville, CA
More about me…
The Mike Smith Lending Team

Cell Phone: (916) 813-4003
Email Me
Certified Mortgage Planner (CMPS): 14 yrs experience & over $300,000,000 in loan fundings. Committed to providing my commercial & residential clients with real time data on mortgage backed securities & rate locking strategies.

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