rancho bernardo mortgage loans: Mortgage Market News for the week ending July 19, 2013
- 07/19/13 06:16 AM
Retail Sales Below Target Weaker than expected Retail Sales data helped mortgage rates this week. Soothing comments from Fed Chief Bernanke also were a positive influence, and mortgage rates ended the week lower. The monthly Retail Sales report measures spending by consumers, which accounts for about 70% of economic activity. Monday's report revealed that Retail Sales were higher in June than in May, but the increase was much smaller than expected. The shortfall caused economists to lower their forecasts for second quarter GDP. When economic growth indicators are below the consensus forecast, future inflation expectations are reduced, and this is favorable … (0 comments)
rancho bernardo mortgage loans: San Diego Mortgage News - June 11, 2013
- 06/11/13 01:41 AM
At 7:00 this morning the 10 yr note yield was at 2.28% +7 bp frm yesterday’s close; at 9:00 the note improved to 2.24%. US, Europe and Asian stock market all being hit hard today; at 9:00 the DJIA was-115 frm yesterday’s close pointing to a very weak open at 9:30. At 9:30 the DJIA opened -139, NASDAQ -44, S&P -18; the 10 at 2.25% +4 bp and 30 yr MBS price -34 bp frm yesterday’s close.
The new concern this morning is being triggered by news frm the Bank of Japan overnight that it left its monetary policy unchanged, markets apparently believed the BOJ would increase its stimulus. In Germany … (0 comments)
rancho bernardo mortgage loans: Rancho Bernardo mortgage loans Derek McClintock Mortgage Banker
- 08/19/12 03:41 AM
Rancho Bernardo Direct Mortgage Banker and Broker – Rancho Bernardo Home Loans – Rancho Bernardo Real Estate We avg. 21 days for purchase transactions! We are a Direct Lender / Mortgage Banker with the ability to broker when need be! Purchase and Refinance. Everything is done in-house, here in San Diego, from processing to underwriting to doc drawing to funding! Please call or email me about our loan programs (Conventional, FHA, VA, Jumbo loans, Conventional to 95%, FHA 203K, HARP 2.0 refinances, VA IRRRL). I also have access to a whole line of portfolio banking products that don’t fit into the … (0 comments)
Retail Sales Below Target
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