ARCHIVED BLOG POSTS
2013
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Heading into Wednesday's highly anticipated Fed meeting, investors were divided about what the Fed statement would reveal. The Fed announced that it will begin to scale back its bond purchase program. The stock market rallied after the news, but mortgage rates rose modestly and ended the week a l...
12/20/2013
The last full week of trading in 2013 ends today as the Christmas holiday approaches. And looking ahead to next week, the Bond markets will be closing at 2:00pm ET on Christmas Eve, while Stock trading ends at 1:00pm. All capital markets are closed on Wednesday, December 25 in observance of Chris...
12/20/2013
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We could have a rocky end of the year, be cautious! Ben Bernanke’s final Fed Meeting and the last meeting of 2013 ends this afternoon with the monetary policy statement being released at 2:00pm ET. There is zero possibility of a hike in the short term Fed Funds Rate, but the big question is whet...
12/18/2013
Matt Brady Selected For "San Diego Five Star Mortgage Professionals"Matt Brady of AmeriFirst Financial , has been honored with a recognition by San Diego Magazine in its selection of "San Diego Five Star Mortgage Professionals."San Diego, (PR Newswire) December 18, 2013-- Announcing a special rec...
12/18/2013
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California's population grew by the highest rate in nearly a decade over the last year, swelling the state's ranks to more than 38.2 million, new population figures released Thursday showed. The state added 332,000 people between July 1, 2012 and July 1 of this year, a growth rate of 0.9 percent...
12/13/2013
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Let me sum up the current lending environment. Buy Now, Buy Now, Buy Now! Get Your Mortgage While it's Hot! Come January, QM will make lending more restrictive, FHA loan limits have been cut across the board and it looks like the Fed could begin tapering sooner than expected. Stronger than expe...
12/13/2013
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YES! We would recommend locking prior to Friday's job report. Good News in the economy is bad news for Bonds – be sure your clients and referral partners get it. ADP which provides a look into the health of the labor market, reported that there were 215K jobs created in the private sector in No...
12/04/2013
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