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.A whole slew of reports this morning.  Personal Income and Spending both came in higher...

 Joke for the day:  We've all heard that a million monkeys banging on a million typewriters will eventually reproduce the entire works of Shakespeare.  Now, thanks to the Internet, we know this is not true. - Robert Wilensky

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.More good news (at least from a rate perspective).  Gross Domestic Product came in lowe...

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.2 reports came out today as well.  Durable Goods came in much worse than expected (New ...

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.3 reports were released this morning.  Consumer confidence was down (good), Producer Pr...

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.Only news released this morning was existing home sales.  Even though dropping by .4%, ...

ok - time to flagellate a deceased equine!  (Beat a dead horse)The two big news items of the week were the Core Consumer Price Index remaining steady and the Philadelphia Fed Index worsening significantly.  The implications of the Core CPI was not lost on traders showing inflation is still a poss...

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.With no economic reports out today, stocks will be driving the bus for bonds and mortga...

Pre-School test for you:In the picture below, in which direction is the bus travelling?To the left or to the right?Can't decide?Again, look closely at the picture! you still don't know? Preschool childeren were asked the same question about this picture. 90% answered as follows: "The bus travels ...

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.The Jobless Claims report came out this morning essentially in line with expectations. ...