ARCHIVED BLOG POSTS
2009
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Marvelous Monday to all, MBS opened higher this morning than Friday at 102.46. Dubai has the UAE step in and provide emergency liquidity which has helped ease re-payment fears. Banks exposure however remains questionable. Purchase managers Index came in higher than expected at 56.1. Combined with...
11/30/2009
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Let's GO! The power lies inside you! Un-lock it! Empower yourself! Go for a drive, bike ride, walk, and breakout of your routine- the answers will quickly appear........ WHAT can I do? I am just a..............look inside, don't hold back! LET"S GO! Become the warrior of self improvement in yo...
11/27/2009
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Let's Speed up our Recovery as a Nation We have seen green shoot's of signs of improvement in our economy lately. One of our biggest challenges will be with improving un-employment. This will help save more homes, and homeowners, stabilize neighborhood home values and increase consumer confidence...
11/27/2009
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Fabulous Friday to all, Once again we have opened up higher with MBS (mortgage backed securities) than we closed on Weds. The Dow is down due to news that Dubai might default on bonds due to real estate values...............HUMM like we all haven't experienced the same. Bonds are up at all time...
11/27/2009
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Wonderful Weds morning to all, We opened up higher once again with MBS (mortgage backed securities) WOW! What a great Thanksgiving Week gift! Treasuries rebounded after a huge morning sell off yesterday. The five year auction of 42 billion went very well even with LOW yields yesterday. New home s...
11/25/2009
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Terrific Tuesday to all, We had an awesome rally yesterday. Today the market opened above where we closed yesterday but with a gap. Bonds hate gaps; expect the gap to be closed. The 10yr treasury rallied yesterday and sold off hard this morning- MBS (mortgage backed securities) follow the 10 year...
11/24/2009
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I hope every locked in with today's great rally with MBS. We closed up 31bps for the day amazing! Thanksgiving week is exciting with fantastic interest rates. Buyers who have been trying to purchase for a while should check with their lender as new guidelines are limiting DTI (debt to income). ...
11/23/2009
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We have zoomed way up with MBS (Mortgage Backed Securities) today. My advice is taking the gains and lock your position. We are at the second line of resistance............be careful. This great rally will not last forever. MBS are 25bp for the day! Have a great day!
11/23/2009
My blog has daily updates with MBS (Mortgage Backed Securities) as this combined with current economic news is what drives interest rates.
Good economic news usually is bad for bonds = higher interest rates
Bad economic news is normally good for bonds= lower interest rates
The bond market and stock market are both active while the markets are open. Investors are either investing in Wall St or running to the safety of bonds depending on market emotion, and current economic news.
Economic news that affects both Wall St and MBS (bonds) are jobs reports, manufacturing data, GDP (Gross Domestic Product), housing starts, corporate earnings/ outlook, and inflation to name a few.
The higher bonds are = the lower interest rates are.
Interest Rates are not included in morning updates due to the factors that affect interest rates, credit scores, location, type of property, loan to value, loan amount, ect.
My blog also features changes coming to the Real Estate Market, lending guideline changes, and tips to help address current Real Estate issues.
Videos are either hosted via You Tube or at Mortgage Coach’s Utipu account.
Let’s make a difference in our world!
I hope you enjoy!