california jumbo mortgage loan rates: 2 BR 2 BA Oceanfront Luxury Condo in La Jolla, CA 92037
- 04/07/11 03:20 PM
2 BR 2 BA Oceanfront Luxury Condo in La Jolla, CA 92037 2 BR 2 BA Oceanfront Luxury Condo in La Jolla, CA 92037. White water ocean views and ocean sounds from this magnificently reconstructed property on one of La Jolla's most famous streets. 87 steps to the sand from the front door, this new, open floor plan with huge patio suits indoor/outdoor living. Single-level construction, two Master Bedrooms with baths; one with balcony. Sweeping ocean views in living room, dining area and magnificent kitchen. No expense spared for owner, who has not occupied since construction was completed and will not. … (5 comments)
california jumbo mortgage loan rates: Mortgage Market Snapshop & Rate Lock Advice for Tuesday 4-13-2010
- 04/13/10 03:58 AM
Update: The MBS Market begin the day positive but has since pulled back to just about even, down 3bps at this writing. We can stay in float mode for the moment with a finger on the lock trigger as we don't want to loose yesterday's pricing gains if the market deteriorates any further. Here is today's Market snapshot for RateAlert.com: Treasuries and mortgages started better again this morning. The selling a week ago that pushed interest rates higher was as we m noted then, more a technical move than the beginning of an increase in rates. Rates are headed higher but … (0 comments)
california jumbo mortgage loan rates: Mortgage Martket Snapshop & Rate Lock Advice for Monday 4-12-2010
- 04/12/10 04:41 AM
Mortgage Bond Markets are experiencing a nice Monday rally with our benchmark FNMA 4.5% coupon up 26bps. An alert to float has been issued but as always, in a volatile market environment like this make sure your clients are working with a market savy loan professional who keeps a keen eye on market movements and a finger on the lock trigger. Happy Monday to all. Here is today's Mortgage Market snapshot from RateAlert.com: Treasuries and mortgage markets started early this morning with a little price declines but by 9:00 the 10 yr note crawled back to unchanged and mortgages were trading … (0 comments)
california jumbo mortgage loan rates: Mortgage Market Snapshop & Rate Lock Advice for Thursday 4-8-10
- 04/08/10 04:57 AM
Update: Market has turned negative in the past 30 minutes and an alert to lock has been issued. If the sell off continues, lender re-pricing for the worse is likely. Auction results due in a few minutes could change everything. Here is the Daily Market Snapshot courtesy of RateAlert.com: Rate markets opened flat this morning holding the nice improvements of yesterday. At 8:00 the 10 yr note +1/32, the DJIA -10 and mortgages unchanged. At 8:30 weekly jobless claims, the only data point today, expected to decline 6K were up 18K to 460K filings with continuing claims down slightly. One official saying … (1 comments)
california jumbo mortgage loan rates: MBS Market Rallying Big Time Right Now!!
- 04/07/10 07:21 AM
Another solid rally in the MBS market today on the heels of a very strong 10 yr Treasury note auction. We are sitting firmly in float mode getting many reprices for the better (lower rates) from lenders . . If last week's rise in rates has made you back off from a purchase or refinance, time to step back up to the plate. … (0 comments)
california jumbo mortgage loan rates: Mortgage Bond Market Snapshot for Tuesday 4-6-2010
- 04/06/10 04:17 AM
Mortgage Bonds are experiencing a classic "Dead Cat Bounce" after 5 days of heavy losses and hitting the low points of the year. With the market improvement, we will see some slight betterment of California mortgage interest rates. The gains have been aided by some sell offs in stocks and new concerns over Greece and European debt loads. As such, I would start the day floating with a finger on the lock trigger and all eyes on the results of the 3 yr note auction that will be released at 1pm ET. Here is the daily snapshot from RateAlert.com: Starting better this morning … (0 comments)
california jumbo mortgage loan rates: Market Wrap and Rate Lock Advice for Monday 4-5-2010
- 04/05/10 10:22 AM
The bloodshed continued in the Mortgage Bond Market today. The bond prices fell sharply for the fifth straight session on stronger than expected economic data and lack of buying support from the Fed, who has exited the market. Technicals do indicate an oversold position but things certainly still could get worse from here. The benchmark 4.5% coupon has now lost 125 bps in the past three trading sessions since the March 31 market close, when the Fed waved goodbye to their market participation. The 4.5% coupon lost 22 bps today but did manage to close above the worst levels of the day. … (0 comments)
california jumbo mortgage loan rates: Mortgage Market Report and Outlook for Monday April 5, 2010
- 04/05/10 04:56 AM
The fallout from Friday's positive (at least that is the spin) Job's Report continues with the Stock Market open and trading higher on the report. As of this writing, Mortgage Backed Securities are trading at their lowest prices of 2010 which will translate to the year's highest rates should it continue - and there is no real reason to think it won't.
For the past year and a half, when fundamental news pushed mortgage bonds lower, the mighty Fed was there to step in with their buying muscle and stop the bleeding. With the Fed out of the market, … (0 comments)
california jumbo mortgage loan rates: Great Article on Yield Spreads From Mortgage News Daily
- 03/31/10 08:59 AM
Steve McCoole, Senior Mortgage Originator with Mortgage Alliance Group is sharing with you a very informative article that will help readers to understand California mortgage interest rates, mortgage loan pricing and mortgage interest rates in general. This article was written by AdamQuinones of Mortgage News Daily. You can read mortgage market commentary from Mortgage News Daily at http://www.mortgagenewsdaily.com/mortgage_rates/blog/ MND is a completely free site that has market analysis and commentary that is as good as any of the pay sites.
The Federal Reserve's MBS Purchase Program comes to an end today. Mortgage market participants must now face the reality … (0 comments)
california jumbo mortgage loan rates: Mortagage Market Snapshot for Wednesday the Last Day of March
- 03/31/10 06:50 AM
Steve McCoole, Senior Mortgage Originator with Mortgage Alliance Group in order to keep you as informed as possible about California mortgage rates, California mortgage loans and mortgage interest rates in general, provides the following Mortgage Market snapshot from Rate Alert.com. ADP Data The markets were shocked this morning at 8:15! The ADP employment report for March was widely thoiught to be up 40K jobs, ADP reported private jobs actually fell 23K. The 23,000 decline was the smallest in two years and followed a revised 24,000 drop the prior month frm 20K originally reported. ADP has consistently over-stated jobs for the last … (0 comments)
2 BR 2 BA Oceanfront Luxury Condo in La Jolla, CA 92037
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