Rate Guard Mortgage Market Update Dec 31st - 12/31/10 11:03 AM
Fabulous Friday morning to all, Happy New Year’s Eve! No Economic news today. Light trading so expect choppy trading. Happy New Year! … (0 comments)

Rate Guard Mortgage Market Update Dec 30th - 12/30/10 11:10 AM
A Terrific Thursday Morning to all, Economic News: Initial jobless claims drop below 400k (very well can be upwardly revised later) Continuing Jobless Claims rise, Chicago Purchase Mangers index comes in strong, Pending home sales beats expectations but below last report. Mixed news and light trading= volatility Happy New Year! … (0 comments)

Rate Guard Dec 29th Mortgage Market Update - 12/29/10 11:22 AM
A Wonderful Weds Morning to all, Economic news is lean today, expect choppy trading again. Have a Great Day … (1 comments)

Rate Guard Mortgage Market Update Dec 28th - 12/28/10 10:46 AM
A Terrific Tuesday Morning to all, Economic News: Case Shiller Home Prices dip across the country, Consumer Confidence comes in under expectations, Richmond Fed Manufacturing is double what was estimated. Expect choppy trading thru the week: Advise locking short term. Have a Great Day! … (0 comments)

Rate Guard Dec 27 Mortgage Market Update - 12/27/10 10:33 AM
I Hope Everyone had a Wonderful Holiday Weekend, Economic News: China raises Interest rates. Have a great day! … (0 comments)

Rate Guard Dec 23rd Update - 12/23/10 11:47 AM
Terrific Thursday morning to all, Economic news: Both Initial and continuing jobless claims show improvement, Durable goods – Transportation was positive, New home sales less than expectations. Expect choppy trading the market will close early today. Happy Holidays! … (0 comments)

Rate Guard Dec 22nd Update - 12/22/10 10:35 AM
Wonderful Weds Morning to all, Economic News: GDP came in slightly under expectations, Personal Consumption for the quarter was up, Existing home sales came in under expectations, Housing Price index showed improvement. Mixed news trading will be choppy.. Have a Great Day! … (0 comments)

Rate Guard Dec 21st Update - 12/21/10 10:26 AM
Terrific Tuesday Morning to all, Economic news: Lean today and action packed Weds + Thurs. W-St + Global ,markets were up which will put pressure on bonds. Have a great day! … (0 comments)

Rate Guard Dec 20th Update - 12/20/10 10:28 AM
A Marvelous Monday Morning to all, Economic News: Consumer Confidence is due out later. Be careful.. advice lock on any rally. The 22nd + 23rd are packed with economic reports which can sway the markets either way. Have a great day! … (0 comments)

What has happened with Mortgage Rates? Will rates improve? - 12/18/10 02:44 PM
What has happened with Mortgage Rates? Will rates improve? Nov 4th was the turning point for MBS (Mortgage Backed Securities) since then bonds have dropped equaling higher interest rates. Several factors have contributed: The FED buying Treasuries, Investors pulling from bonds to invest in Wall Street and Equities. In addition rosy economic reports lately have all contributed to higher interest rates. Will the market recover? Normally after a significant drop we see a 50% correction upward, when and if that occurs will depend on investor/market sentiment and economic reports. Normally good economic reports will send investors to seek profit elsewhere vs … (0 comments)

Rate Guard Dec 17th Update - 12/17/10 10:57 AM
Fabulous Friday morning to all, Economic news: Leading Indicators show economic growth, but the housing market is still lagging… Until a sustained rally is seen bias to lock the markets are still very choppy. Investors have run to W-St and equities for now when they correct the flight back to quality ( bonds) will occur. Have a great weekend! … (0 comments)

Rate Guard Dec 16th Update - 12/16/10 10:59 AM
Terrific Thursday Morning to all, Economic News: Initial Jobless claims show improvement, Continuing Jobless up over last week. Housing starts were up 3.9% for Nov. Market still is losing ground be careful. Have a great day! … (0 comments)

Rate Guard Dec 15th Update - 12/15/10 11:00 AM
A Wonderful Weds Morning to all, Economic News: CPI ( Consumer Price Index which is measure if inflation) For the month at expectations but low, For the year slightly better than expected. NY ST Manufacturing Index beats expectations- almost double what was projected, Industrial Production is also up. Economic News will again put pressure on the market. Have a great day! … (0 comments)

Rate Guard Dec 14th Update - 12/14/10 10:53 AM
Terrific Tuesday Morning to all, Economic News: PPI ( Produce Price Index which is a measurement of inflation) for the previous month and year at or better than expected, Retail sales positive improvement. Positive news which will put pressure on bonds as the day progresses bias to lock before more ground is lost. Have a great day! … (0 comments)

Benicia Open Houses December 12th - 12/11/10 12:42 PM
Benicia Open Houses December 12th
Stacy Ono  Coldwell Banker Solano Pacific
1001 East 5th St
Sun 12-3
Have a great weekend!
… (0 comments)

Rate Guard Dec 10th Update - 12/10/10 10:58 AM
A Fabulous Friday morning to all, Economic News: Import prices for the month and year both show increases, trade balance narrows which shows an increased demand for US goods and services. Have a great Weekend! … (2 comments)

Rate Guard Dec 9th Update - 12/09/10 01:20 PM
Terrific Thursday morning to all, Economic News: Both initial and continuing jobless claims come in better than expectations, Wholesale inventories also beat expectations. Short term locking bias until we find our new trading range. Have a great day! … (0 comments)

Rate Guard Dec 8th Update - 12/08/10 11:02 AM
Marvelous Morning to all, No economic news today: The markets are very volatile locking before more deterioration occurs is best at this point until we settle into a trading range. Have a Great Day! … (0 comments)

Rate Guard Dec 7th Update - 12/07/10 11:01 AM
A Terrific Tuesday Morning to all, Economic news: Consume Confidence is due out later today> A compromise was reached ( still needs to be passed) with the extension of Bush Era Tax credits, and Un-Employment benefits give W-St a morning boost. Have a great day! … (0 comments)

Rate Guard Dec 6th Update - 12/06/10 11:00 AM
A Marvelous Monday morning to all, No economic news today: The FED spoke about the lack of inflation, and the ability to control it. Have a great day! … (0 comments)

BENICIA Open Houses Dec 5th - 12/04/10 04:03 PM
BENICIA Open Houses Dec  5th
Rose Hadaway Coldwell Banker Solano Pacific
1190 West 13th St
Sun 12-3
Stacy Uno Coldwell Banker Solano Pacific
Solar Village home: Off Hawthorn Dr address?
Sun 12-3
Have a great weekend!
… (2 comments)

Rate Guard Dec 3rd Update - 12/03/10 11:01 AM
Fabulous Friday Morning to all, Economic News: The Un-Employment rate jumps up, Factory Orders come in under expectations. The markets have remained very volatile. Have a great weekend! … (0 comments)

Rate Guard Dec 2nd Update - 12/02/10 10:47 AM
Terrific Thursday morning to all, Economic News: Continuing and initial jobless claims were both up, Pending Home sales way above expectations. The markets are in un-charted waters and are very volatile. Have a great day! … (0 comments)

Rate Guard Dec 1st Update - 12/01/10 11:13 AM
Wonderful Weds Morning to all, Economic News: ADP payroll beats expectations, Construction spending was up, ISM manufacturing up for the 16th month.. W-ST is up almost 200pts, Beige book will most likely have rosy overtones! We have had positive economic news lately combined with the Fed buying Treasuries = market correction be very careful short term or long term. Have a great day! … (0 comments)

 
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Paul Walton CMPS

Benicia, CA

More about me…

Cherry Creek Mortgage Co

Address: 4301 Hacienda Dr Ste 120, Pleasanton, Ca, 94510

Office Phone: (707) 745-1595

Email Me

My blog has daily updates with MBS (Mortgage Backed Securities) as this combined with current economic news is what drives interest rates. Good economic news usually is bad for bonds = higher interest rates Bad economic news is normally good for bonds= lower interest rates The bond market and stock market are both active while the markets are open. Investors are either investing in Wall St or running to the safety of bonds depending on market emotion, and current economic news. Economic news that affects both Wall St and MBS (bonds) are jobs reports, manufacturing data, GDP (Gross Domestic Product), housing starts, corporate earnings/ outlook, and inflation to name a few. The higher bonds are = the lower interest rates are. Interest Rates are not included in morning updates due to the factors that affect interest rates, credit scores, location, type of property, loan to value, loan amount, ect. My blog also features changes coming to the Real Estate Market, lending guideline changes, and tips to help address current Real Estate issues. Videos are either hosted via You Tube or at Mortgage Coach’s Utipu account. Let’s make a difference in our world! I hope you enjoy!


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