interest rates worcester: A Week of Rising Rates - 07/18/08 02:01 AM
Mortgage Bonds have traded lowered for 4th straight session today losing just shy of 200 basis points over that period.  To get a rate quoted on Monday a client would now have to pay 2 points on their loan if they did not lock and wanted that , that is scary.
No economic news out this morning; movement today should be technically driven, the sellers are losing their steam and the buyers should be coming to market for a reversal in pricing.
 
Have a great weekend! 
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The above Mortgage Market Update information was provided by Bryan Flynn of Wells … (0 comments)

interest rates worcester: Mortgage Market Update for Tuesday July 15th, 2008 - 07/15/08 01:07 AM
Another crazy day in this economy....the PPI was hotter than expected this morning which means inflation and the Retail Sales number missed.  The core PPI which takes out food and energy was slightly better than expected which is some positive upside, but really food and energy is an obvious concern.  Mortgage Bonds had a nice run up yesterday after their big brother, our government, backed Fannie Mae and Freddie Mac which confirms these companies are just too big to fail.
Stocks look to open down this morning as GM halted their dividend.  Technically bonds closed between the 50 and 100 day moving average … (0 comments)

 
Bryan Flynn, Central Mass and Worcester Mortgages (Regency Mortgage Corporation)

Bryan Flynn

Central Mass and Worcester Mortgages

Worcester, MA

More about me…

Regency Mortgage Corporation

Address: 193 West Boylston Street, West Boylston, MA, 01583

Office: 774(261) 849-6774

Mobile: (508) 207-0807

Email Me

Where are Mortgages Rates going......Realtors and Loan Officers...keep your clients informed. Language Translations
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