realtor: Mortgage Market Report for Monday January 28, 2008 - 01/28/08 11:08 AM
Mortgage Market Report for Monday January 28, 2008
Fasten your seatbelts this week.  The reports this week are Wednesday's Fed rate announcement, Thursday's Core Personal Consumption Expenditure PCE and Friday's Jobs Report.  Every one of these reports can really move the market.  Every trading day last week had a large movement as … (2 comments)

realtor: 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)

realtor: Fed Funds Cut Next Week - 10/28/07 09:53 AM
History shows that mortgage bond prices deteriorated after each Fed rate cut. This means that mortgage rates rose after the Fed had cut rates while many consumers were expecting their mortgage rates to decline. Prime rate will most likely decline after the Fed rate cut that is the index for may … (3 comments)

realtor: The Mortgage Market Report for Wednesday October 24th, 2007 - 10/24/07 10:36 AM
Stocks are under some selling pressure this morning. 
Merrill Lynch, the country's largest investment banker and broker, reported a far more massive 3rd quarter loss. The entire Stock market is trading lower on this news, and this is helping Bond prices improve.
Existing Home Sales for September came in pretty ugly, underscoring the … (3 comments)

realtor: The Mortgage Market Report for Monday October 22nd, 2007 - 10/22/07 09:28 AM
Stocks have determined the direction for Bonds of late and last week's Stock tumble helped Bonds improve.  With little news to influence Bonds until Wednesday, Stock prices could resume their position big dog.
Should Stocks bounce and rally, more money will flow out of Bonds and into Stocks, causing Bonds to worsen … (0 comments)

realtor: SEEK THE BEST ADVICE, FIRST - 10/20/07 11:54 AM
The Internet can be your worst enemy or your best friend.   The information can be contradictory, disjointed and voluminous.  We all need a backboard to direct us to the most credible and useable information.  Finding the right advisor can help you adapt strategies and solutions to your personal situation and long … (0 comments)

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

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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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