mr mortgage: Market Update - Monday, June 13, 2016
- 06/13/16 03:27 PM
What's going on and why does it matter? This is likely to be a big week for the markets as the Fed is scheduled to meet and issue their monetary policy statement on Wednesday. While the market is not expecting the Fed to increase short-term rates, all eyes will be on the Fed's monetary policy statement for clues as to their future plans... especially with regard to their mortgage bond buying program. The Fed has been the biggest buyer of mortgage bonds in the market, and they are scheduled to purchase up to $2.475 billion in 30-yr conventional mortgage bonds today. … (2 comments)
Mortgage bonds are continuing to trade near their best levels of the year as government bond yields across the world are at record lows. The 10-yr US treasury yield remains below 1.7%, an important technical indicator that may signal lower rates ahead. German 10-yr government bond yields are nearly zero percent. Asia and Europe have taken the spotlight this week with disappointing economic reports showing weakness in their economies. Oil prices have broken below $50/barrel again. The Fed is not scheduled to purchase any mortgage bonds today, so mortgage bonds are on their own … (2 comments)
mr mortgage: Market Update - Thursday, June 9, 2016
- 06/11/16 10:40 AM
What's going on and why does it matter? There have been only two instances in the past 12 months where mortgage pricing has been as good as it is right now. Mortgage bond prices have approached their highest levels of the year amidst global economic growth worries. The 10-year US treasury yield broke below 1.7%, an important technical indicator that may signal lower rates ahead. Government bond yields across the world are also at record lows with German 10 yr government bond yields approaching 0%. Asia and Europe have taken the spotlight this week with dissappointing economic reports showing weakness in their … (2 comments)
mr mortgage: Market Update - Wednesday, June 8, 2016
- 06/09/16 10:11 PM
What's going on and why does it matter? Mortgage bonds are continuing to drift sideways amidst market uncertainty. Oil prices are at their highest levels in nearly a year (bad for bonds), but China reported weaker than expected export data, and the World Bank reduced its global economic growth forecasts (both good for bonds). The Fed is scheduled to purchase up to $2.375 billion in mortgage bonds today, which may help to keep bond prices in positive territory. The economic calendar is light this week, with the JOLTS report scheduled to come out later today. The market may be in a holding … (1 comments)
Mortgage bonds broke through and closed above their 30-day moving average yesterday, which is a great sign. The 30-day moving average is now likely to operate as a technical level of support. The non-farm payrolls report came out this morning much worse than market expectations. Only 38,000 jobs were created last month vs. market expectations of 164,000. Even when you factor out the Verizon strike (35,100 jobs), the report is astonishingly weak. This is the weakest jobs report in over five years. This is likely to cause mortgage bond prices to rally today. A weak … (0 comments)
mr mortgage: MARKET UPDATE - Thursday, June 2, 2016
- 06/02/16 09:04 PM
What's going on and why does it matter? Mortgage bonds opened flat today after failing to close above their 30-day moving average yesterday. The 30-day moving average is now operating as a technical ceiling of resistance. If bonds can close above this barrier, mortgage pricing may improve. However, if mortgage bonds fail to break through this barrier, they are likely to continue drifting sideways or take another plunge down toward their 100-day moving average. This could cause mortgage pricing to get worse. The European Central Bank (ECB) decided to leave rates unchanged in Europe, and there were no major surprises in their monetary … (0 comments)
mr mortgage: USDA Home Mortgage Loans
- 05/30/16 11:28 PM
USDA Mortgage Loans Explained In this video you will get a good idea of USDA Mortgage loans explained to you and what they are used for.
Here are some helpful links for the USDA Single Family Housing Guaranteed loan.
Property Eligibility Previous Eligibility Areas Income Eligibility Income Limits
Here is the video below.
Enjoy, Nikitas
… (2 comments)
mr mortgage: How Much Does College Cost These Days?
- 05/30/16 01:59 AM
How Much Does College Cost These Days? According to the College Board, the average total costs (including room and board) for a four-year public in-state school is a whopping $21,447 per year. That amounts to $85,788 over four years. Average costs skyrocket to a whopping $42,224 per year for a four-year private education! The perfect storm here is that college costs have increased dramatically, while state funding for college has declined by similar leaps and bounds over the past several years. That's one reason why it's more important than ever before to consider these costs as you create a mortgage and cash-flow plan … (0 comments)
A mortgage that is equal to or less than the dollar amount established by the conforming loan limit set by Fannie Mae and Freddie Mac's Federal regulator. In general, any loan which does not meet guidelines is a non-conforming loan. A loan which does not meet guidelines specifically because the loan amount exceeds the guideline limits is known as a jumbo loan. In the United States, a conforming loan is a mortgage loan that conforms to GSE guidelines. In general, any loan which does not meet guidelines is a non-conforming loan. A loan which does not meet guidelines specifically because the … (0 comments)
mr mortgage: Marketing to Expired Listings and FSBOs with Flower Pots Part 2
- 05/28/16 01:40 AM
Marketing to Expired Listings and FSBOs with Flower Pots Part 2 Here in these videos you have an awesome opportunity to learn strategies that will helpyou take your business to the next level!! There are the latest marketing strategies & interviews with top agents around the country, sharing tips that wi ll dramaticallyimpact your business! On the other hand to learn more about Nikitas and what he has to offer in regards to mortgages or how he can help you as an agent grow your real estate business please visit his website at http://.nikitas-kouimanis.com or he can be reached at 516-206-0000.
mr mortgage: Video marketing with YouTube!
- 01/27/15 12:36 AM
It's an indisputable fact that using video as part of your marketing strategy can be incredibly effective.Videos are the perfect medium to deliver information to your database in a concise, and easy to understand way. What if, despite all of your efforts, your videos are attracting few views, and even less engagement? Find out how to stand out and be seen! Video marketing is fun and informational, it keeps your audience interested, it gives you the power to reach anyone, & it's easy to persuade people with videos! This killer strategy is something you can use to have all your friends, family … (1 comments)
mr mortgage: 50 Ways To Use Evernote In Your Real Estate Business
- 01/22/15 02:11 PM
How would it feel if you could capture, save and share ALL your information in one very organized place that is available on every device instantly? Emails, faxes, sales agreement, receipts, notes, photos, listing presentation, text codes, voice mail notes, tax info, power points, word docs, buyers, sellers, home inspections, pest inspections…it’s nearly impossible to keep it all organized! I don’t know about you, but trying to remember everything that needs to take place on just one real estate transaction is crazy, right? It’s time to get some help.
In this video we are going to show you how you can use Evernote to … (7 comments)
mr mortgage: Get out of your email and save 30+ minutes a DAY with GBOX Zero
- 01/17/15 11:41 PM
Let me guess, you have 2300 + emails in your inbox, takes you 15 minutes to find an old email, and your use your inbox as a task list? So what does it feel like to have an empty inbox and have an extra 30 + minutes a day? What does it feel like to have someone else managing your inbox for you? The feeling is amazing and we want to share it with you! You will want to see this little trick with gmail. We will share with you: Why Gmail Why Reply, Waiting and Archive is all you need … (5 comments)
Have you made and delivered your Flower Pot to an Expired Listing yet? There has been a huge buzz going around lately about this awesome way to market to expired listings using a flower pot. Yes, a flower pot that is filled with goodies and marketing materials to help a potential client sell their home. You have heard of it, right? Several agents have tried this out and the results have been staggering, including one who landed more than $1 million in listings using this simple strategy. We did this class back in January and it has been in such high … (7 comments)
mr mortgage: FHA 203k Mortgage Loans
- 09/30/13 12:22 AM
FHA 203k Loan A type of federally insured mortgage product for individuals who want to rehabilitate or repair a damaged home that will become their primary residence.
What Is An FHA 203k Loan?
Simple Answer - A great way to purchase and renovate a property in one simple process.
An FHA 203k Loan is a government insured mortgage program that allows borrowers to wrap the cost of property upgrades into a new home loan.
Since many homebuyers are finding that most of the foreclosures and short sale listings they are interested in purchasing require a minimal amount of repairs in … (0 comments)
"You want him on your side. His willingness, intelligence and ability to help on a closing is above and beyond any others I have delt with. Nikita ... more "
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What's going on and why does it matter?
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