finance: Where Do You Blog
- 12/07/07 11:49 PM
Obviously, all of us like using Active Rain to get our "blogs" out there. Do any of you take advantage of other forms of Real Estate Networking? I guess the reason that I bring this up is for SEO purposes. Networking is a form of branding and self-promotion. When you have a series of links coming from higher Page Rank (PR) sites, your PR will also increase and therefore increasing your google-ability. That being said, I want to share other sources of blogs to help you get your links out there and increase your PR. Obviously, ARWannaNetworkMy Connecticut Mortgage WebsiteYahoo Finance blogsCNN blogs … (11 comments)
finance: Market Update - Lock or Float (November 8)
- 11/08/07 03:23 AM
Ok, so I am going to be extending my lock recommendation from anything within 60 days to anything with a 90 day period; lock those loans. Here is why: The bond market this morning opened slightly higher at +9/32 while Ben Bernanke didn't help the stock market out with his testimony to Congress' economic committee. The Dow is currently down by 85 points, and the Nasdaq is down by 82 points. That being said, mortgage pricing has slightly improved this morning from yesterday's. Unemployment claims were less than anticipated (325,000 expected, 317,000 filed). Even though this is good news for all of us in the … (5 comments)
finance: Market Update - Lock or Float (November 7)
- 11/07/07 04:27 AM
Well, folks, hopefully you tuned in to my blog on Friday or Monday where I suggested to lock your rates. Here is what is going on in today's market: The bond market opened this morning up 3/32 with the stocks down (Dow by 135 and Nasdaq by 30). Because of this, you are probably seeing mortgage pricing similar to yesterday evening's. The first report of the week was released today by the Labor Department. The publication revealed worker productivity increased to 4.9% during this last quarter. This is excellent news for bonds due to the fact that it is a much higher reading than anticipated. There … (0 comments)
finance: Market Update - Lock or Float (November 6)
- 11/06/07 06:27 AM
Ladies and Gentlefolk, please keep reading as I have a new updated status on whether you should lock or float today! This suggestion might cause some controversy: The bond market were negative this morning (11/32 down) after stocks had an early rise (Dow up 50 points while Nasdaq up 3 points). You are probably seeing higher mortgage prices today by about .25% of a discount point.With that said, I can firmly say that I expect a slight downward motion of the bonds over the next couple of days (especially since there aren't any major earthshattering economic news releases scheduled). So, I am going to suggest … (1 comments)
finance: Market Update - Lock or Float (November 5)
- 11/05/07 03:12 AM
Alright, folks, I hope we are prepared for the slow economic week since it was a lively roller coaster ride last week! If you haven't already looked at my weekly preview, please do that so you aren't missing that information. But, here is what is going on currently: The bond market is a little stagnant due to the fact that there aren't any reports scheduled for release today. The Dow is currently down 60 points and the Nasdaq now down about 12 points. So, we probably aren't seeing all too much difference in pricing from Friday. My suggestion to you, and you can read this … (0 comments)
finance: Market Preview (Week of November 5)
- 11/05/07 01:08 AM
Well, compared to last week's assortment of economic news, this week is going to be a breeze. Being released this week are one quarterly report, and two monthly reports. With regard to importance of these publications, the quarterly takes more precedence. To relate this to mortgage pricing, we will most likely have a flat week (as long as the stock markets don't run the roller coaster ride that they had going last week). The 3rd Quarter Productivity report is scheduled for release on Wednesday which is anticipated to mirror the second quarter's figure of 3.1%. If this happens, it shows expansion of … (0 comments)
finance: Market Update - Lock or Float (November 1)
- 11/01/07 03:22 AM
I would keep floating your loans today as well. I included some pretty informative articles at the bottom of this as well, but here's why I am floating my loans today: The bond market started out extremely strong this morning (up 29/32) while the stock market is down (Dow by 225,a nd Nasdaq by 42). Due to the stocks slipping and very weak news for the economy, the bond market is seeing a huge benefit as investors are transfering their monies to a safe-haven. All that said, you probably aren't seeing a huge difference in mortgage pricing today because of yesterday's late bond market slope. … (0 comments)
finance: Market Update - Lock or Float (October 31)
- 10/31/07 04:30 AM
First of all, Happy Halloween, and I hope you all are getting treats (deals and closings) rather than tricks!! I have to say that I feel a lot more confident from yesterday floating my loans. Here's why: The bonds opened in a negative territory (6/32 down) this morning due to the stronger than expected GDP report. Right now, the Dow is up by 52 points while the Nasdaq is up 12. The stock markets are showing early gains with the Dow up 50 points and the Nasdaq up 12 points. Today's rates are going to be a little higher (about 1/8 of a … (0 comments)
finance: Market Update - Lock or Float (October 31)
- 10/31/07 04:28 AM
First of all, Happy Halloween, and I hope you all are getting treats (deals and closings) rather than tricks!! I have to say that I feel a lot more confident from yesterday floating my loans. Here's why: The bonds opened in a negative territory (6/32 down) this morning due to the stronger than expected GDP report. Right now, the Dow is up by 52 points while the Nasdaq is up 12. The stock markets are showing early gains with the Dow up 50 points and the Nasdaq up 12 points. Today's rates are going to be a little higher (about 1/8 of a … (0 comments)
finance: Market Update - Lock or Float (October 30)
- 10/30/07 03:56 AM
Welcome back, Folks! I apologize for not updating this over the past couple of days; I was in Central/Upstate New York visiting family! Anyway, here is the update for today! Flat is the only explanation for the bond market today. Contrary to weak economic news releases and the early decreases in the stock market, the bonds haven't really changed at all today (so far). The Dow is down by about 45 points, and the Nasdaq is down by 3 points thus far. As of right now, the mortgage pricing will probably be left unchanged until this afternoon.The Consumer Confidence Index for October … (1 comments)
finance: Market Update - Lock or Float (October 26)
- 10/25/07 05:30 AM
First of all, I apologize for not getting the update out yesterday! I know that a lot of you are reading this, so here is today's: The bonds opened a little flat even though we experienced relevant economic news yesterday with the existing home sales report. With regard to Wall Street, the Dow is currently down about 102 points and the Nasdaq is down about 36 points. The bond market is currently up by .012%. Due to yesterday's "comeback" on the market, we have seen a very slight improvement in pricing today so far. The Durable Good Orders for September was released by the Commerce Department which … (3 comments)
finance: Market Update - Lock or Float (October 23)
- 10/23/07 04:41 AM
Ok, folks, I would definitely suggest locking all of your loans today if you haven't done so already! Here's the update: Stocks are increasing a little which continues yesterday's recovery with the Dow up about 49 points, and the Nasdaq about 20 points up. Today, the bond market is a little stagnant due to hesitation from investors and growing anticipation of this week's news releases. So, the bond market is currently down by about 2/32. You are probably going to see a similar pricing situation that you saw yesterday since there really hasn't been significant news or changes.As mentioned yesterday, the Existing … (1 comments)
finance: Market Update - Lock or Float (October 22)
- 10/22/07 04:28 AM
And onto this week, folks. Today's bond market is down a little (3/32) contrary to the stocks dropped more this morning. Currently, Dow is down 52 points and Nasdaq is ahead 2 points (for now). Basically, we are looking at similar rates to Friday. There are no reports scheduled for publication today that would effect our industry, but there are quite a few (4) reports that are scheduled for release later this week along with a Treasury auction. Existing Home Sales for September is going to be released on Wednesday morning while the New Home Sales for September is scheduled for release on Thursday morning. In general, … (2 comments)
finance: Market Update - Lock or Float (October 19)
- 10/19/07 06:04 AM
Currently, the bond market is 23/32 up while the Dow is down 204 points and the Nasdaq is down 37 points. With this going on, we could definitely see a good amount of improvement in today's rates; most likely about .25 discount points in our favor. No reports are scheduled for release today, as I mentioned earlier this week, but the mortgage rates will be heavily weighed by the stocks. The primary reason for the dip in the stock market is the publication of corporate revenue/earnings, apparent credit fears in investors, and the overwhelming price of oil ($90 per barrel). Quite honestly, … (1 comments)
finance: Market Update - Lock or Float (October 18)
- 10/18/07 04:51 AM
The bond market opened in positive territory this morning which continued yesterday's activity. The Dow is down just over 33 points currently, and the Nasdaq is down approx. 10 points. Mortgage rates should improve today by about .25 discount points to possibly just over that....maybe 3/8's. The Fed Beige Book was released yesterday and showed considerable decrease in economic growth in most regions of the U.S. This data is significant to the Federal Reserve during their FOMC meetings, and is a primary reason why the bond market gained momentum in the late afternoon yesterday; hinting toward yet another rate cut by the Fed … (0 comments)
finance: Market Update - Lock or Float (October 16)
- 10/16/07 07:59 AM
As a summary, I would still recommend to float all loans that you plan on closing until the actual closing date for right now. Please keep reading for more! Today's stock market is giong through yet another down period today while the bond market is slightly increasing. The Dow started out 91 points down, and is currently 75 points down. The overall bond market was up this morning about 6/32 while the 10-year bond is currently down .034% Generally, with this kind of news you are looking at an improvement in mortgage rates, but only in the amount of 1/8 a discount … (0 comments)
finance: Family Update
- 10/15/07 03:31 PM
I figured that I post enough Real Estate "stuff" that it's time to digress a little bit and really hit home. My son just turned 6 months old, and it's going by extremely fast! At his appointment he was weighed in at 20 lbs 5 ounces (97th percentile), and was 28 inches long (95th percentile). Now, to give you a little insight if you can't tell from the picture to the right, my wife is 5'0" tall and I am maybe 5'9" on a good day, so there must be something in the water here in Meriden, CT. Back to Tyler; he is … (4 comments)
finance: Market Update - Lock or Float (October 15)
- 10/15/07 06:26 AM
Big changes on the lock/float front today. So, tune in, and away we go: Today started off a little slow with regard to the bond market even though the overall stock market had posted losses. The same can be said for the stock market as of right now; early weakness where the Dow and Nasdaq are down (Dow is 60 points, Nasdaq is 10 points). With regard to mortgage rates today, you can expect to see them be slightly increased from Friday primarily because of the bonds down 2/32. A good estimate of how much higher is about an eigth of a discount … (0 comments)
finance: Seminar on October 14th
- 10/09/07 02:26 PM
This is my final advisory for my upcoming Home Buyer Seminar on October 14th. Granted, there is one held every month, but this will be the first to explore an "inspection section". This will be held at 970 North Colony Rd in Wallingford, CT 06492 at 2:00 until about 3:30 or so. I know you all have this time available, and so do most of your clients! I encourage you, if you are within travelling distance, to bring yourself, your appetite, and - most importantly - your clients to attend the brief seminar! I will have a local Realtor, Financial Advisor, Attorney, Insurance … (1 comments)
finance: Market Update - Lock or Float (October 9th)
- 10/09/07 02:05 PM
I apologize for this getting updated so late today! Hopefully you all still get some good information out of it! Tuesday's bond market has opened slightly in positive territory as investors wait for today's Fed minutes. The stock markets are showing gains with the Dow up 32 points and the Nasdaq up 4 points. The bond market is currently up 3/32, which is not enough to improve this morning's mortgage rates.The first report of the week comes this afternoon when the Fed will release the minutes to the last FOMC meeting. These may be a major mover of the markets or could be … (2 comments)
Obviously, all of us like using Active Rain to get our "blogs" out there. Do any of you take advantage of other forms of Real Estate Networking?
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