home loan: Free Mortgage Market Report for Friday December 14th 2007 - 12/14/07 10:27 AM
Mortgage Market Report for Friday December 14, 2007
Inflation reports from the Consumer Price Index showed that consumer inflation is rising.  This was not good news for Bonds.  It was well above expectations.  The Fed's last statement said they will be paying close attention to these readings.  The core CPI was at … (0 comments)

home loan: HOPE NOW-Lenders and Borrowers 12/07/2007 - 12/07/07 01:17 PM
HOPE NOW-Lenders and Borrowers12/07/2007
American Securitization Forum, which represents companies that issue mortgage backed securities, as well as investors, loan servicers and rating agencies, issued a 34 page document outlining guidelines for servicers to follow in streamlining refinancing or loan modifications on adjustable rate mortgages that are scheduled to adjust in the next 2 1/2 … (0 comments)

home loan: The Morning After the FED CUT..... - 11/01/07 10:46 AM
Mortgage Market Report for Thursday November 1st, 2007
Bonds are moving upward this morning, erasing yesterday's losses.  The reason for the rally in Bonds is due to the Stock market being down significantly so far today.  This set the stage for a poor Stock open, and money is for now being pushed into Bonds. 
As we … (0 comments)

home loan: Treasury-Bills and Mortgage Rates - 10/20/07 11:09 AM
We all have heard the financial media presenting information on the bond markets continually make erroneous assumptions about the relationship of mortgage interest rates with US Treasury Bond and Note prices.  This happens because these financial reporters may understand the bond markets in general, but they are not mortgage experts and … (2 comments)

 
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Roger Herrick

San Clemente, CA

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