walnut creek home loans: Rate Guard July 22nd Update
- 07/22/10 04:33 AM
Terrific Thursday morning to all, W-St is up 200 pts with existing home sales for the year at 9.8% and corp earnings coming in. Rate Guard Update have a great day! … (0 comments)
walnut creek home loans: Rate Guard July21st Update
- 07/21/10 04:02 AM
Wonderful Weds morning to all, Nice opening this morning, be careful as W-St has positive earnings coming in. Tomorrow Jobless reports could be rosy which could put pressure on bonds. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard July 20th Update
- 07/20/10 04:22 AM
Terrific Tuesday morning to all, Nice opening with bonds due to poor earnings report from Goldman. Building permits were actually up which is a positive step for the future. Be careful, as trading is choppy. Rate Guard Update Have a great day. … (0 comments)
walnut creek home loans: Rate Guard July 19th Update
- 07/19/10 04:21 AM
A Marvelous Monday Morning to all, W-ST will be trying to recover lost ground with a positive outlook on corp earnings being released, be careful! Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard July 15th Update
- 07/15/10 04:20 AM
Terrific Thursday morning to all, Initial jobless claims came in lower than expectations, continuing jobless claims were still very high. Manufacturing reports were way down which will help bonds today. W-St is selling off this morning but be cautious. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard July 14th Update
- 07/14/10 03:51 AM
Wonderful Weds Morning to all, Retail sales and business inventories both came in under expectations. We will be watching the auction results and FED minutes released later today. Grab your REALTOR and get in contract while rates are at all-time lows. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard July 12th Update
- 07/12/10 05:00 AM
A Marvelous Monday morning to all, No economic news today. W-St will be focused on corporate earnings. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard June 30th Update
- 06/30/10 03:56 AM
Wonderful Weds Morning to all, Private payroll added far fewer jobs, however Chicago Purchase Managers index was slightly up which shows some economic growth/ demand. Be very careful as W-St will be attempting to recover from Tues selloff putting pressure on bonds. Rate Guard Update Have a great day! … (2 comments)
walnut creek home loans: Rate Guard June 22nd Update
- 06/22/10 04:22 AM
Terrific Tuesday Morning to all, Existing home sales stalled W-St rally so far this morning. Richmond Fed Man index has softened the last two months. Rate Guard Update Have a Great Day … (0 comments)
walnut creek home loans: Rate Guard June 18th Update
- 06/18/10 04:03 AM
Fantastic Friday Morning to all, GREAT Rally with bonds yesterday= Low rates. No economic news this morning, W-ST trying to rally however slight gains so far. Go grab your Realtor and find the home of your dreams. Rate Guard Update Have a great weekend! … (0 comments)
walnut creek home loans: Rate Guard June 14th Update
- 06/14/10 04:01 AM
Marvelous Monday Morning to all, Today's economic news is focused on a positive economic read with European growth. The Euro is also bouncing back. W-St is in a rally mood with no real economic news here to offset the global sentiment. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: THE COST OF MONEY OVER TIME
- 06/12/10 03:12 PM
The Wall Street Journal reported over 50% of the fixed rate mortgages were at 5.75% or higher. The recent issues with Europe especially, China, and Japans debt has caused a flight to quality which had driven MBS (Mortgage Backed Securities) bonds to amazing heights= LOW INTEREST RATES! The opportunity might exist to potentially save over $100,000.00 in interest paid re-financing while rates are still low. The actual savings will vary on loan term, loan amount but this could have a major impact in your life. CLICK BELOW THE COST OF MONEY OVER TIME … (2 comments)
walnut creek home loans: Rate Guard June 11th Update
- 06/11/10 04:30 AM
Fantastic Friday Morning to all, Retail sales were off this morning. W-St is dropping with the retail sales news. That should help bonds recover. Rate Guard Update Have a great weekend! … (0 comments)
walnut creek home loans: Rate Guard June 9th Update
- 06/09/10 04:39 AM
Wonderful Weds Morning to all, Slightly lower opening this morning, the Beige Book and auction will drive the markets. W-St is trying to recover ground which is taking a wee bit of wind from our sails. Rate Guard Update Have a great day! … (2 comments)
walnut creek home loans: Rate Guard June 8th Update
- 06/08/10 04:39 AM
Terrific Tuesday Morning to all, Solid opening with bonds this morning, we will be watching the 3yr auction today which hopefully will have a good demand. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard June 7th Update
- 06/07/10 04:05 AM
Magnificent Monday morning to all, Slightly lower opening this morning, but we are still in the stratosphere with bonds. Later today consumer credit is due out and the market may take direction off the report. Investors are very vary but W-St will be trying to bounce back so be careful. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: RATE GUARD JUNE 4TH WOW TODAY IS A GIFT
- 06/04/10 04:11 AM
Fabulous Friday morning to all, Huge jump up with bonds as employment comes in under expectations. This is a GIFT lock purchases or Refi's! Rate Guard Update Share the gift today with others! … (0 comments)
walnut creek home loans: Rate Guard June 1st Update
- 06/01/10 04:19 AM
Terrific Tuesday Morning to all, Mixed market emotion this morning. The ISM Manufacturing Index came in better than expected but still lower than the last report. Construction spending was up, and China's growth has slowed a bit. Rate Guard Update Have a great day! … (0 comments)
walnut creek home loans: Rate Guard May 25th Update
- 05/25/10 04:59 AM
Terrific Tuesday to all, Positive economic news is over shadowed by global concerns again, Korea, Spain. Rate Guard Update 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!
Terrific Thursday morning to all,
;)
;)
