Travis' Mortgage and Financial Market Update for June 24th - 06/24/09 05:05 PM
What turned in to being probably the most anticipated Fed meeting adjournment with its policy statement following shortly thereafter, turned out to be a big flop. Mortgage backed securities were literally flat at 0 the last I looked and the DOW was down 23 after traders digested the information.
Two of the big statements in the policy note was that “The pace of economic contraction is slowing and conditions in financial markets have generally improved in recent months.” This typically would have caused stock to rally and bonds to sell of causing mortgage rates to worsen but the next paragraph goes … (0 comments)

Travis' Mortgage and Financial Market Update for June 23rd - 06/23/09 05:28 PM
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Travis Neliton NMLS 283894 (Mortgage Express NMLS ID 40831) Rainmaker_large

Travis Neliton NMLS 283894

Beaverton, OR

More about me…

Mortgage Express NMLS ID 40831

Address: 10260 SW Greenburg Rd, Suite 830, Tigard, OR, 97223

Office Phone: (503) 517-8758

Cell Phone: (503) 389-0689

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