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.Consumer Confidence came in lower than expected - though after Friday's report somewhat...

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 on tap for tomorrow.  Wednesday, The Fed will more than likely b...

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 Sentiment was expected to be at levels higher than last month but ended up fal...

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.Good (Bad) News of the day - Durable Goods Orders were down 3/10% as opposed to the exp...

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 Existing Home Sales came in right on target which did little to sway the mark...

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.We are still a day from any regular scheduled economic reports.  Therefore bonds will b...

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.Regularly scheduled market reports are not due out again until Wednesday.  Bonds will b...

It appears FNMA is listening - though I don't know the amount of control they are actually going to have.Statement by Brian Faith Managing Director, Communications on Jumbo Conforming Loan PricingApril 17, 2008Fannie Mae is providing price certainty for all our customers for jumbo-conforming mort...

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.Talk about jittery for all the wrong reasons.  Citibank reported earnings this morning....

I just saw a post written by the senior editor at large of Fortune Magazine.  On the surface he is claiming that the rich and upper middle class are getting a break in the stimulus package due to the raising of conforming limits. (In some areas of the country as high as $729,750)There is one smal...