Roxy Redenbaugh's (roxyred) Blog

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Mortgage and Lending - Roxy Redenbaugh (Acceptance Capital Mortgage Corporation)

ARCHIVED BLOG POSTS

2010 

Finally after a very dry year in Hawaii we got  a splash of rain yesterday and here's some of the results of the aftermath....                  
06/30/2010
Wednesday's bond market has opened down slightly with no relevant economic news scheduled for release today. The stock markets are relatively calm with the Dow nearly unchanged and the Nasdaq up 10 points. The bond market is down 5/32, but we will likely see a slight improvement in this morning's...
06/30/2010
Last week saw mortgage rates trending slightly further downward. The Federal Reserve again heldinterest rates steady, but changed their assessment of the economy. While its assessment is lesspositive than in previous meetings, the Fed appears to still have faith the economy will slowly pullitself...
06/28/2010
  Potato and Bacon Salad This potato salad is made with bacon and Dijon mustard and is great the next day too. •·         6 boiled eggs •·         5 lbs of Potatoes •·         6 slices of cooked bacon crumbled •·         4 stalks of celery, chopped very small or minced •·         1 medium Red Oni...
06/23/2010
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  Potato and Bacon Salad     This potato salad is made with bacon and Dijon mustard and is great the next day too.           Ingredients     5 boiled eggs 4 slices of cooked bacon 2 tablespoons Dijon mustard, or to taste 1 cup mayonnaise 3 stalks celery, minced   2 pounds small potatoes 2 tables...
06/23/2010
Friday's bond market has opened down slightly with no economic data or noticeable stock movements to influence trading. The stock markets are showing modest gains with the Dow up 9 points and the Nasdaq up 3 points. The bond market is currently down 5/32, which should keep this morning's mortgage...
06/18/2010
Declines in fixed mortgage rates to about 4.9 percent in May helped boost refinance applications during the month, which will lead to increased refinance originations late in the second quarter and early in ththird quarter. As a result, we upwardly revised our projection of refinance originations...
06/18/2010
This week is fairly busy with five economic reports scheduled to be released. Two of the five are considered to be of high importance to the markets and mortgage rates. The remaining three are of interest to the markets but likely will not cause a large change in mortgage rates unless they vary g...
06/13/2010
Friday's bond market has opened in positive territory after this morning's key consumer spending report showed much weaker than expected readings. The stock markets are mixed with the Dow down 24 points and the Nasdaq up 7 points. The bond market is currently up 14/32, but we will likely see an i...
06/11/2010
Wednesday's bond market has opened in negative territory again following early stock strength. The stock markets are showing sizable gains with the Dow up 113 points and the Nasdaq up 30 points. The bond market is down 12/32 as investors shift funds into stocks. However, due to some improvements ...
06/09/2010
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