mortgages: Mortgage Market Update - Final one for 3/18/08 - 03/18/08 03:15 PM
Okay - this is my last blog post for today and unfortunately it's sparked by a REPRICE FOR THE WORSE again.  The stock market surges 420 points and with this the bond market sell off sent the yield to 3.45% just enough to push a small increase in mortgage rates.  The … (12 comments)

mortgages: Mortgage Market Update: 2/26/08 Reprice Improvement - 02/26/08 03:22 PM
Well look what the Fed drug in!  They auctioned $30 billion in funds to banks to assist them in making loans.  The fed is hoping this will ease some of the credit squeeze we are all feeling.  With this, the bonds reacted positively and sent us a nice reprice for the … (3 comments)

mortgages: Mortgage Market Update 2/25/08 - 02/25/08 09:33 AM
Stocks and bonds...What will we do... Homes Sales data showing January sales down .04% from December...This was expected.  However the stock market may survive today off the talks of Ambac...The bond insurer that is close to reaching an agreement for more capital.
Anything goes this week.  Watching the Bond Yield (currently at 3.82%) … (0 comments)

 
Loan Officer: Sherry Bradley (Fidelity and Trust Mortgage)
Sherry Bradley
Charlotte, NC
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