bonds: What is Happening to the Bond Market ?? - 12/01/16 10:22 AM
Those that know me know I am a roll with the punches, always keep a positive attitude, silver linings guy. I know markets will change and I advise my clients with common sense and experience.
Pardon me, but I am freaking out just a little at the moment. Two days ago our regional paper asked me to write an article about where interest rates were going. I responded with a well reasoned analysis of the surprise enthusiasm after the election, a leveling off and then a steady increase through the new year. I expected bonds would recover and stay in the 99.5 to … (2 comments)

bonds: First Women Fed Chief! - 01/07/14 10:16 AM
Janet Yellen has been confirmed as the next chief of the Federal Reserve, making her the first woman in charge of the central bank in its 100-year history.  Ms. Yellen is considered to be dovish when it comes to monetary policy.  This may not mean too much.  But, should the economy slip like it has each of the past few years – further tapering may be put off.  There is even an outside chance that if the economy slows and inflation cools too much – we may see the Bond buying pick up.
Mortgage Bonds continue to trade in a sideways … (1 comments)

bonds: Should your clients lock their loans? - 12/04/13 01:32 AM
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 November, well above the 160K.  October's numbers were also revised sharply higher to 184K from 130K.  The gains in November represent the largest in a year.  The report comes before the government's official November Jobs report this Friday where it is expected that both private and government employers … (0 comments)

bonds: Bonds Could actually benefit if the Fed begins tapering. - 11/25/13 03:45 AM
Current Price of FNMA 4.0% Bond: $104.62, +9bp
Today’s Rate - FHA 203(k) – 3.750% (0.554) 5.250% (7.307)
Today’s Rate - HECM Fixed – 4.750% (5.750) 5.180% (8.000)
Today’s Rate - Stated Income – 5/1 ARM – 4.750% (0.000)
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Mortgage Bonds start this holiday shortened week higher as Traders continue to ponder when the Fed will start to taper QE3.  There is no historical reference as to how completely Fed driven the markets have become and the Fed escaping QE will not be a safe path and there is simply no easy exit … (0 comments)

 
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Matt Brady

Lending With Competence And Character

Del Mar, CA

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Finance Of America

Address: Del Mar, Carmel Valley, Santaluz, Solana Beach, San Diego, Vista, Carlsbad, San Marcos, Encinitas, Escondido, Del Mar, CA

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