rate lock: Mortgage Market Report for Tuesday May 13th, 2008 - 05/13/08 10:44 AM
 
Mortgage Market Report for Tuesday May 13, 2008
A better than expected Retail Sales Report are putting a downward pressure on mortgage bonds.  Confirming this were sales from Wal-Mart with a better than expected first-quarter results. But it is expected that the second quarter will not be as good due … (1 comments)

rate lock: 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)

rate lock: 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)

rate lock: Should I Lock My Loan Today??? - 10/19/07 11:24 AM
The Mortgage Market Guide for Friday October 19th 2007
"I feel good" Just like that line from James Brown.  Mortgage Bonds are  feeling pretty good right now, moving higher in response to continued selling pressure in Stocks.  
But this weeks recent move lower in Stocks is nothing like what happened exactly twenty years ago today...Black Monday, which marked … (4 comments)

 
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Roger Herrick

San Clemente, CA

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Address: 2900 Carta Taza #100, San Clemente, CA, 92673

Office Phone: (949) 413-3725

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Listen to Free Daily Reports on Interest Rates. Purchase and Refinance with Confidence. Representing Your Best Interest Since 1986 Your California Mortgage Broker www.ContactHerrick.com


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