ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 10/29/07 06:55 AM
This week is packed with economic releases and major events that will likely lead to a fair amount of volatility in the markets and mortgage pricing. There are seven reports scheduled for release along with another FOMC meeting. There is no relevant data due tomorrow, so all seven reports come over four days.The first data will be posted Tuesday morni ng with the release of the Consumer Confidence Index (CCI) for the month of October. This Conference Board index will be posted at 10:00 AM and gives us a measurement of consumer willingness to spend. It is expected to show a … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 10/12/07 08:21 AM
Friday's bond market has opened in negative territory after this morning's economic news gave us mixed results. The stock markets have reacted favorably with the Dow up 52 and the Nasdaq up 26 points. The bond market is currently down 6/32, but due to strength in bonds late yesterday we will still see an improvement in this morning's mortgage rates of approxi mately .125 of a discount point.The first of today's three reports was September's Retail Sales data. It showed an increase in sales of 0.6% from August's levels. This was much higher than the 0.2% rise that was expected and … (0 comments)
ventura county mortgage: Market Commentary
- 10/01/07 04:46 AM
MARKET COMMENTARY:For the first time since 1995, the U.S. bond market is rallying on the assumption that the Federal Reserve has relegated inflation to a secondary concern because the central bank views a recession as a much greater threat to the economy. The bellwether 10-year Treasury note, which depreciated as its yield climbed at least a quarter-percentage point when the Fed began lowering interest rates in 1998 and 2001, won't be recoiling anytime soon after the Fed lowered its benchmark by half a point to 4.75 percent on Sept. 18, the first cut in four years. Instead, the 10-year yield will … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 10/01/07 04:43 AM
This week brings us the release of only three monthly economic reports for the bond market to digest. The first report of the week comes late tomorrow morning when the Institute for Supply Management (ISM) will post their manufacturing index for September. This index gives us an indication of manufacturer sentiment. Analysts are expecting a small decline from the 52.9 reading last month to 52.5 this month. The 50.0 benchmark is extremely important because below that level means more surveyed executives felt business worsened than those who said it had improved. This data is important not only because it measures manufacturer … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/27/07 05:35 AM
Thursday's bond market has opened in positive territory following weaker than expected economic news. None of this morning's data was considered to be highly important, so the reaction has been muted. The stock markets are nearly unchanged with the Dow up 2 points and the Nasdaq up 5 points. The bond market is currently up 7/32, which should push this morning's mortgage rates slightly lower.The final revision to the 2nd Quarter Gross Domestic Product (GDP) showed that the economy grew at a 3.8% annual pace during the April through June quarter. This was slightly lower than the 3.9% that was expected, … (0 comments)
ventura county mortgage: Attn: All Loan Officers, Realtors, & Consumers - Help Raise The Conforming Limit!!!
- 09/24/07 08:16 AM
Subject: Help raise the conforming limit. As you all know that raising the Fannie Mae limit for California is imperative. We need to get as many people as possible to contact their Senators. There is a bill that has passed the house that would raise limits to the medium home price or $625,500 which ever is less. This bill has not been introduced into the Senate yet, we need to express our support for the Bill. As most of you know the conforming limit is set by a formula, with home prices going down, the limit will be lowered. All though we have … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/23/07 06:29 PM
This week brings us the release of seven economic reports for the bond market to digest. Three of them are considered to be of low importance and likely will have little impact on mortgage rates. With data scheduled for release each day except tomorrow, we may see an active week in the bond and mortgage markets.The first important data of the week is Tuesday's Consumer Confidence Index (CCI) for September. This Conference Board index will be posted at 10:00 AM and gives us a measurement of consumer willingness to spend. It is expected to show a decline from last month's reading, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/21/07 06:48 AM
Friday's bond market has opened in positive territory despite stock market gains. The Dow and Nasdaq are showing solid improvements with gains of 80 points and 22 points respectively. The bond market is currently up 3/32, but we still will likely see a sizable increase in this morning's mortgage rates as a result of weakness in bonds late yesterday. I am expecting to see today's rates to be approximately .250 -.375 of a discount point higher than yesterday's morning rates were.There is no relevant economic data scheduled for release today. It appears that traders are more or less tweaking their portfolios … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/16/07 04:55 PM
This week is likely to be quite interesting. There are only four pieces of economic news scheduled for release, but two of them are highly important inflation readings. We also have another Federal Open Market Committee (FOMC) meeting, which may bring a much-sought rate cut. There is little doubt in my mind that we will see quite a bit of volatility in the markets and likely mortgage rates the next several days.There is no relevant news due to be posted tomorrow. The first important piece of data comes Tuesday morning with the release of August's Producer Price Index (PPI). This report … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/10/07 05:48 AM
This week brings us the release of four pieces of economic data, with three of them likely to affect mortgage rates. The most important reports are all scheduled for release Friday, so look for the biggest changes to rates the latter part of the week. The first report of the week is not considered to be of high importance. July's Goods and Services Trade Balance data will be posted Tuesday morning, giving us the size of the U.S. trade deficit. It is expected to show a deficit of approximately $59.0 billion, which would be an increase from June's $58.1 billion. However, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/10/07 05:47 AM
This week brings us the release of four pieces of economic data, with three of them likely to affect mortgage rates. The most important reports are all scheduled for release Friday, so look for the biggest changes to rates the latter part of the week. The first report of the week is not considered to be of high importance. July's Goods and Services Trade Balance data will be posted Tuesday morning, giving us the size of the U.S. trade deficit. It is expected to show a deficit of approximately $59.0 billion, which would be an increase from June's $58.1 billion. However, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/10/07 05:46 AM
This week brings us the release of four pieces of economic data, with three of them likely to affect mortgage rates. The most important reports are all scheduled for release Friday, so look for the biggest changes to rates the latter part of the week. The first report of the week is not considered to be of high importance. July's Goods and Services Trade Balance data will be posted Tuesday morning, giving us the size of the U.S. trade deficit. It is expected to show a deficit of approximately $59.0 billion, which would be an increase from June's $58.1 billion. However, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/10/07 05:46 AM
This week brings us the release of four pieces of economic data, with three of them likely to affect mortgage rates. The most important reports are all scheduled for release Friday, so look for the biggest changes to rates the latter part of the week. The first report of the week is not considered to be of high importance. July's Goods and Services Trade Balance data will be posted Tuesday morning, giving us the size of the U.S. trade deficit. It is expected to show a deficit of approximately $59.0 billion, which would be an increase from June's $58.1 billion. However, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 09/10/07 05:41 AM
This week brings us the release of four pieces of economic data, with three of them likely to affect mortgage rates. The most important reports are all scheduled for release Friday, so look for the biggest changes to rates the latter part of the week. The first report of the week is not considered to be of high importance. July's Goods and Services Trade Balance data will be posted Tuesday morning, giving us the size of the U.S. trade deficit. It is expected to show a deficit of approximately $59.0 billion, which would be an increase from June's $58.1 billion. However, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 08/27/07 08:30 AM
This week brings us the release of several important economic releases for the bond market to watch. This will also be a shortened week in the bond market as a result of the Labor Day holiday next Monday. There are six reports along with the minutes from the last FOMC meeting between Monday and Friday. This makes it quite likely that we will see a fair amount of volatility in the financial markets this week.Monday brings us the first piece of data for the markets to digest with July's Existing Home Sales. The National Association of Realtors will release this report, … (0 comments)
ventura county mortgage: Ventura County Weekly Rate Advisory, Home Loans
- 08/20/07 05:45 AM
This week brings us the release of only three economic reports for the bond market to digest. The Conference Board will give us the first data late tomorrow morning when it releases its Leading Economic Indicators (LEI) for July. This index attempts to measure economic activity over the next three to six months. A higher than expected reading is bad news for the bond market because it indicates that the economy may be strengthening. However, a weaker than expected reading means that the economy may slow in the near future, making stocks less appealing to investors. This also eases inflation concerns … (0 comments)
My blog is to give realtors and consumers information that they may not normally receive. Loan officers subscribe to many programs that give them a more in depth loom at the market.
Get great free widgets at Widgetbox!
Get great free widgets at Widgetbox!
Get great free widgets at Widgetbox!
New Page 1
Get great free widgets at 
Get great free widgets at 
New Page 1
;)
;)
