Well, Last week Fought HARD to try and be positive. Even with 3 VERY positive days, (especially Thursday and Friday) we still ended the week with Fannies down 7/32nds marking the 6th straight week of climbing rates and we are now beginning to flirt with the 5's for 30 yr rates. Even with the Fe
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12/20/2010
Have a great week! Rob Robert Rauf Mortgage Banker NMLS ID# 248937 www.RobertRaufHomeLoans.com or my blog: http://activerain.com/blogs/rrauf (732)223-1630 x102 RRauf@REMN.com Since 1987 I have been helping my clients fulfill their dream of home ownership! Real Estate Mortgage Network Inc.
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12/15/2010
Last week was the 5th week in a row of climbing rates. It was also the Worst week in recent history with Fannies loosing 53/32nds by the time the bell rang on Friday. Here's the fun part: There really wasn't any reason for it. The first 2 Auctions went off poorly, so that did not help, but we
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12/13/2010
Last week was a bumpy one. Even with 4 positive days we still managed to have the 2nd worst week for Fannies in the past month. Fannies closed on Friday with a net loss of 22/32nds marking the 4th week in a row of significant losses in the mortgage market. Keep in mind that there is an inver
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12/06/2010
OK, just a few words: I promised my sister-in-law that I would make her a bowl if she quit smoking.. she made it for about 6 or 8 months so far so here it is just about done Have a great week! Rob Robert Rauf Mortgage Banker NMLS ID# 248937 www.RobertRaufHomeLoans.com or my blog: http://a
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12/01/2010