mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, November 19, 2009 - 11/19/09 01:41 AM
Should I Float? Should I Lock? - Daily Update for Thursday, November 19, 2009
Here are the daily thoughts on interest rate 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 on target while the Philadelphia Fed Index came in sharply higher than otherwise expected.  Though this would normally put the kibosh on bonds - the stock market is taking a major slide today which is helping bonds to remain at least par from yesterday.
Look for … (4 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Wednesday, November 18, 2009 - 11/17/09 11:53 PM
Should I Float? Should I Lock? - Daily Update for Wednesday, November 18, 2009
Here are the daily thoughts on interest rate 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. 
Housing Starts and Building Permits both came in lower than expected.  The bigger news of the day is the Consumer Price Index coming in just over expectations. Yesterday's Producer Price Index coming below expectations helped allay immediate fears of inflation.
Look for rates this morning to remain steady from where they … (2 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Friday, November 6, 2009 - 11/05/09 11:39 PM
Should I Float? Should I Lock? - Daily Update for Friday, November 6, 2009
Here are the daily thoughts on interest rate 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 News for bonds (Bad News for the economy).  Though the average work week rose slightly as did hourly earnings - Payrolls dropped more than expected and Unemployment rose to 10.2%. All this is giving a very positive uplift to bonds.
Look for rates this morning to be drop from where … (1 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, November 5, 2009 - 11/04/09 11:56 PM
Should I Float? Should I Lock? - Daily Update for Thursday, November 5, 2009
Here are the daily thoughts on interest rate 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 Fed left the Federal Funds Rate where it was with promises of leaving it where it is for the foreseeable future.  Jobless Claims dipped slightly while Productivity rose more than expected.
Look for rates this morning to be rise some from where they closed Wednesday when rate sheets are released … (0 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Monday, November 2, 2009 - 11/02/09 01:38 AM
Should I Float? Should I Lock? - Daily Update for Monday, November 2, 2009
Here are the daily thoughts on interest rate 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. 
Pending Home Sales came in lower than last month but significantly higher than expected.  The Manufacturing Index also came in more robust than expected.  Surprisingly, neither of these reports are causing the angst in the bond market as one would expect.
Look for rates this morning to be dip some from … (1 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Friday, October 30, 2009 - 10/30/09 02:38 AM
Should I Float? Should I Lock? - Daily Update for Friday, October 30, 2009
Here are the daily thoughts on interest rate 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. 
Most interesting news today.  Personal Spending came in as expected (though down from last month), Personal Consumption for last month and compared to last year were both in line with expectations. Personal Income came in as expected though slightly lower than last month.  Only thing possibly affecting rates in a … (2 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, October 29, 2009 - 10/29/09 01:20 AM
Should I Float? Should I Lock? - Daily Update for Thursday, October 29, 2009
Here are the daily thoughts on interest rate 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. 
Gross Domestic Product roared in at 3.5% growth for last quarter - higher than some analysts predicted.  Jobless claims were higher.  The kicker though, helping bonds hold steady, is a small element inside the GDP report showing inflation to be in check.
Look for rates this morning to be dip some from … (2 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Wednesday, October 28, 2009 - 10/28/09 02:12 AM
Should I Float? Should I Lock? - Daily Update for Wednesday, October 28, 2009
Here are the daily thoughts on interest rate 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 some good things happened - Consumer Confidence dropped below expectations, the Treasury auction had a good turn out for purchasing and maintaining US debt.  This morning Durable Goods came in at expectations while New Home Sales were lower than expectations.  
Look for rates this morning to be improve from where … (2 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Friday, October 23, 2009 - 10/23/09 02:45 AM
Should I Float? Should I Lock? - Daily Update for Friday, October 23, 2009
Here are the daily thoughts on interest rate 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. 
Existing home sales jumped an incredible 9.4%. This has affected bonds for the worse though the stock market is down for the day as well. 
Look for rates this morning to be lower from where they closed yesterday when rate sheets are released by Amerisave Mortgage Corporation.
Technically speaking - the FNMA 4.5% … (1 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, October 22, 2009 - 10/22/09 01:37 AM
Should I Float? Should I Lock? - Daily Update for Thursday, October 22, 2009
Here are the daily thoughts on interest rate 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 took a "surprising" turn upwards for last week.  Normally this would result in improved bond pricing.  The reason it's not is the announcement due out this morning on how much more debt is to be auctioned off.  Some are guessing in the range of $115 Billion.  This is putting the … (0 comments)

mortgage rates: Should I float? Should I lock? - Daily Update for Tuesday, October 20, 2009 - 10/20/09 01:20 AM
Should I Float? Should I Lock? - Daily Update for Tuesday, October 20, 2009
Here are the daily thoughts on interest rate 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 news today.  Producer Price Index came in much lower than expected.  This coupled with Housing Starts and new building permits being down is helping bonds rally back. 
Look for rates this morning to be lower from where they closed yesterday when rate sheets are released by Amerisave Mortgage Corporation.
Technically … (2 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, October 15, 2009 - 10/15/09 02:07 AM
Should I Float? Should I Lock? - Daily Update for Thursday, October 8, 2009
Here are the daily thoughts on interest rate 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 Consumer Price Index (CPI) report was release this morning.  Surprisingly, core CPI readings showed an increase.  The Empire Index came in quite a bit better while the Philadelphia Index was depressed.  Lastly Jobless Claims for last week were down slightly.  This all on top of yesterday's suprising news is … (0 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Wednesday, October 14, 2009 - 10/14/09 01:07 AM
Should I Float? Should I Lock? - Daily Update for Thursday, October 8, 2009
Here are the daily thoughts on interest rate 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. 
Retail Sales came in much lower than last month but no where near as bad as expected.  This is resulting in very bad performance by bonds this morning.. 
Look for rates this morning to increase considerably from where they closed yesterday when rate sheets are released by Amerisave Mortgage Corporation.
Technically … (1 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, October 8, 2009 - 10/08/09 01:03 AM
Should I Float? Should I Lock? - Daily Update for Thursday, October 8, 2009
Here are the daily thoughts on interest rate 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. 
Little scheduled economic news occurred this week.  Today Initial Jobless Claims for last week were released coming in lower than expectations.  This should add to the Stock Market fervor going on in recent weeks.  Bonds have been holding their own attempting a foothold above the new developing ceiling. 
Look for … (1 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Monday, October 5, 2009 - 10/05/09 02:04 AM
Should I Float? Should I Lock? - Daily Update for Monday, October 5, 2009
Here are the daily thoughts on interest rate 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 the Service Sector Index coming in slightly better than expected as well as higher than last month, this is allowing investors are moving forward with stocks and selling bonds to support their habit.
Look for rates this morning to increase from where they closed yesterday when rate sheets are released … (2 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Friday, October 2, 2009 - 10/02/09 01:17 AM
Should I Float? Should I Lock? - Daily Update for Friday, October 2, 2009
Here are the daily thoughts on interest rate 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. 
An additional 263,000 jobs were lost last month - much worse than expected.  Unemployment rose to 9.8% right in line with expectations.  Hourly Earnings and Average Work Week were also both a bit lower than expected.. 
Look for rates this morning to improve from where they closed yesterday when rate sheets … (0 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Thursday, October 1, 2009 - 10/01/09 02:17 AM
Should I Float? Should I Lock? - Daily Update for Thursday, October 1, 2009
Here are the daily thoughts on interest rate 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 and Personal Spending were both higher than expected.  Jobless Claims according to Uncle Sam were also higher than expected.  Personal Consumption and Expenditures for last month were in line with last month's numbers while the annual comparison was less than expected.  The national manufacturing index was below expectations … (0 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Wednesday, September 30, 2009 - 09/30/09 02:15 AM
Should I Float? Should I Lock? - Daily Update for Wednesday, September 30, 2009
Here are the daily thoughts on interest rate 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. 
GDP came in a bit higher than expected though still showing a contraction of just under 1%.  ADP reported jobless lower than expected yet better than last month's reading. This along with yesterdays weaker than expected Consumer Confidence and the current selloff in the stock market is helping bonds to maintain … (3 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Monday, September 28, 2009 - 09/28/09 01:27 AM
Should I Float? Should I Lock? - Daily Update for Monday, September 28, 2009
Here are the daily thoughts on interest rate 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. 
No economic news due out today.  Markets will be a bit slow (read volatile) due to the religious holiday.  Look for bonds to hold the gain eked out on Friday and rates to maintain their current level.
Look for rates this morning to remain where they closed yesterday when rate sheets … (0 comments)

mortgage rates: Should I Float? Should I Lock? - Daily Update for Friday, September 25, 2009 - 09/25/09 02:20 AM
Should I Float? Should I Lock? - Daily Update for Friday, September 25, 2009
Here are the daily thoughts on interest rate 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 Good Orders came in surprisingly low - much lower than expected and lower than last month. New home Sales came in slightly lower than last month and below expectations.  Consumer Sentiment (a trailing indicator shows an uptick but this would be more based on the good news which has … (1 comments)

 

Matthew Rosov

Certified Mortgage Planning Specialist

Laurel, MD

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Amerisave Mortgage Corporation

Address: 6502 Walker Branch Dr, Laurel, MD, 20707

Office: 8669(707) 283-6840

Mobile: (301) 536-2875

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