Arizona Mortgage Consultant www.thegeorgeteam.com

VA Mortgage loan rates are based on the GNMA chart that I send out in my market updates.   VA Mortgage in Maricopa County have a Loan Limit of $417,000 at 100% LTV.  Which means that someone that is qualified for a VA Loan can buy a home with $0 down payment up to $417,000 in Maricopa County.  If...

MBS prices are down -6/32 (FNMA 30-yr 4.0 at 103.02), below 9:45 et pricing of -4/32. After some early volatility, MBS prices stayed in a wide range. Productivity, Jobless Claims, and Factory Orders came in close to expectations. The Treasury will auction $67 billion in 3-yr, 10-yr, and 30-yr sec...

I had a meeting with a Real Estate agent, as I offend do.  During our meeting, I was asked a great question: "When do you think we'll be out of this Short Sale and REO market?"    As an educator with Arizona Academy of Real Estate I am often faced with this question during my CE classes.  Here is...

MBS prices are down -4/32 (FNMA 30-yr 4.0 at 103.04), which is about 10/32 lower than yesterday at this time. Unfavorable repricing took place yesterday. The 30-yr fixed FNMA required net yield (60 day) is now at 3.80%, from 3.73% yesterday.       This morning, weekly Jobless Claims fell to 472K,...

MBS prices are down -4/32 (FNMA 30-yr 4.0 at 103.14), which is about 1/32 lower than yesterday at this time. The 30-yr fixed FNMA required net yield (60 day) is now at 3.73%, from 3.80% yesterday.       This morning, stock market gains have hurt MBS markets. The ADP estimate for Friday's Employme...