Positive reinforcer, Productive encourager, Entreprenuer, Life Coach, Success Coach, Wealth Builder, Business Leader and Professional Lender.
ARCHIVED BLOG POSTS
As the market corrects... Well we have been through some serious changes in the world of mortgage lending over the last 90 days. Back in early May we had our lowest rates of all time. Not too long after some pull back on pricing and rates trickle up a bit. Bernanke speaks and markets IMPLODE and ...
Thanks Ben I have to tip my hat to Mr Ben Bernanke. For the first time (I think all of 2013) he came out gave a speech yesterday and while the bonds did take an initial 75bps hit the end of the day saw the retrace to only about 20bps in losses and those even recovered today with a small gain. Hmm...
Mortgage Market Snapshot 07.09.13 Rates go up and they go down. The cost of money is very fluid these days and with all the uncertainty in the market, its stability, the fed, their stability and our seriously large National Debt sometimes rates can spike even when it seems unimaginable. While rat...