Matthew's Mortgage Education Blog

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Personal Income & Spending came in slightly lower today.  Personal Core Expenditure (PC...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Jobless Claims came in higher than expected today - about 6%.  Gross Domestic Product c...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Durable Goods is the economic news of the day.  Durable Goods Orders dopped 4/10% for l...

I was led to an online report about how the sub Prime market woes are just the tip of the iceberg.  Even though bankers are claiming the worst is over, interesting things are afoot in the U.S. Court systems.  In the Cleveland, OH Federal District Court, Deutsche Bank was denied kicking out 14 fam...

Christa Mobley recently joined my BNI group that meets on Tuesday's at lunch in downtown Silver Spring, MD at Vicino's Restaurant. Christa helps folk organize their lives and their business to be more successful and obtain the goals they would like to obtain.  When organizing, Christa helps folk ...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Consumer confidence is the economic news of the day.  This news could trigger a reactio...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Today is a non news day.  Bonds will be taking their direction from stocks today.  Sinc...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Slow News day today.  Since the bond market is open for a short time (until 2 PM) any a...

I have been asked to comment on what floating is and why one should float or lock.When one applies for a loan a good loan officer or mortgage planner will ask many questions.  How long are you planning on staying in a home?  What are the reasons for wanting a home/loan at this time?  What is impo...

Here are the daily thoughts on floating or locking if you are asked by your clients.  As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.Yesterday stocks took off on a merry ride closing up nearly 51 points.  This was only a...