walnut creek home loans: Rate Guard Mortgage Market Update Jan 21st
- 01/21/11 02:48 AM
A Fabulous Friday Morning to all, No economic news this morning the focus is on corporate earnings: GE posts very positive earnings, BOA took a larger than expected loss. Next week is a big economic news week but be very careful : We have had very positive economic news of late which has put downward pressure on bonds as investors seek profit’s from equities markets. Have a great weekend! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 20th
- 01/20/11 02:51 AM
Morning Economic news: Both initial and continuing jobless claims better than expected, Existing home sales were up 12.3%, Leading Indicators up also for the month, Philly Fed Manufacturing survey was under expectations. Advice lock with all the positive economic news the market will be under pressure. Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 18th
- 01/18/11 02:45 AM
Morning Economic News: NY State Manufacturing Index was up from Dec, NAHB (Builders) Housing Market Index was also up. Both positive reports will put pressure on the market. Advice is to lock! Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 14th
- 01/14/11 02:58 AM
Morning Economic News: Headline Retail Sales beats expectations, Retail Sales – Auto’s is under expectations (core number – auto sales), Industrial Production exceeds expectations by a good margin, Business Inventories comes in well under what was expected, CPI (consumer Price Index which is a measurement of inflation) also comes positive, Consumer Sentiment drops again. Advice we are at the top of our trading range grab the gains and lock. Have a great weekend! … (0 comments)
walnut creek home loans: Mortgage Market Update Jan 12th
- 01/13/11 02:54 AM
Economic News: Continuing Jobless Claims drop sharply ( expect this to be revised up) Initial Jobless Claims rise again, Producer Price Index( measurement of inflation) both for the month and year come at expectations reflecting low inflation. FED speech later today addressing small business. Have a great day! … (1 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 12th
- 01/12/11 02:53 AM
Morning Economic News: Import Price Index year over year beats expectations, Beige Book is due out later this morning ( hopefully with no surprises). We had a coupon rollover today but should have opened higher. Positive thoughts to stay above 98.60 today or we could see another correction. Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 11th
- 01/11/11 02:51 AM
Economic News: Wholesale Inventories come in under expectations, Consumer Optimism drops by another point. Japan offers to purchase Eurozone debt and corp earnings is the focus. Be very careful and lock on rally’s Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 10th
- 01/10/11 02:55 AM
No Domestic Economic news: Portugal and the Eurozone fears re-surface. It’s possible that Portugal might need a bailout. Advice is to lock on rally’s. Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Dec 7th
- 01/07/11 03:50 AM
Friday’s Economic News: The Unemployment Rate drops to 9.4%, Non- Farm Payrolls come in under expectation. While the unemployment rate drops we still aren’t adding enough jobs, be cautious and grab the morning gains. Have a great weekend! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Dec 4th
- 01/04/11 03:09 AM
Morning Economic News: Durable goods orders -0.3% ( Durable Goods Orders – transportation 3.6%), Factory Orders up 0.7%-0.1% FOMC Minutes will be released later today. Caution locking bias might be prudent before the FOMC minutes are released. Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Jan 3rd
- 01/03/11 02:47 AM
Happy New Year! Economic News: Construction Spending was up 0.4%, ISM Manufacturing shows an increase again 57.0 ( last month 56.6) Be careful we are at the top of our trading range Have a great day! … (0 comments)
walnut creek home loans: Rate Guard Mortgage Market Update Dec 30th
- 12/30/10 03:10 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)
walnut creek home loans: Rate Guard Mortgage Market Update Dec 28th
- 12/28/10 02:46 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)
walnut creek home loans: Rate Guard Dec 23rd Update
- 12/23/10 03:47 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)
walnut creek home loans: Rate Guard Dec 22nd Update
- 12/22/10 02:35 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)
walnut creek home loans: Rate Guard Dec 21st Update
- 12/21/10 02:26 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)
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!
A Fabulous Friday Morning to all, No economic news this morning the focus is on corporate earnings: GE posts very positive earnings, BOA took a larger than expected loss. Next week is a big economic news week but be very careful : We have had very positive economic news of late which has put downward pressure on bonds as investors seek profit’s from equities markets. Have a great weekend! … (0 comments)
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