Life, Lessons, Encouragement and a little market insight to boot

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Mortgage and Lending - US Mortgages - David Shamansky - NMLS#392126
Positive reinforcer, Productive encourager, Entreprenuer, Life Coach, Success Coach, Wealth Builder, Business Leader and Professional Lender.

ARCHIVED BLOG POSTS

2015 

As expected the markets have already started their turn in recovery from the ridiculous fear based and exaggerated sell off on Wed and Thur this week. Albeit the gains are relatively small in comparison to the loss it does show that with time foolishness will be corrected and I expect further rec...
10/30/2015
Boo!Are you scared now? I am after reading today's data. In an almost inconceivable fashion the timing of this "new" data saying the economy is doing well and we can start talking rate hikes soon, is perfect to line up with Halloween and tap into the fear based overreactions it is causing.I will ...
10/29/2015
Sorry for the late post today been a hectic end of monthWell in an unexpected turn the bonds took a 50 bps hit today as the Feds notes stated the economy is growing at a moderate pace yet exports are still weak. Yes this is a classic overreaction and one I think short lived so if you have not loc...
10/28/2015
Another day of light economic news so don't expect much in the way of rate changing items hitting. With the FNMA 3.0 coupon firmly entrenched in the 101.50 - 102.00 trading range I see this as another day of that with little to no movement. The fact that durable goods orders fell slightly is not ...
10/27/2015
Yes I specifically selected this title for all of the more "seasoned" folks here in AR land (lol) as a mini flashback to simpler times of the 70s when Led Zep was ruling the airwaves and wrote this classic song. It also is an easy segway into the challenge for October about communication. Without...
10/26/2015
Another light day as far as news goes concerning the rate market but eyes will b e focused on GDP, Durable goods and income. I am not expecting any surprise numbers to cause a dramatic turn for the good or bad but as I always say we are in a crazy market and time right now and there is a lot goin...
10/26/2015
Today brought us much more of the expected same. Mostly sideways trading and the 101.50 support has lowered a touch with the support reflecting 101.250 - 101.750 for the FNMA 3.0.Should be relatively calm for next week but the fun thing about this industry and marketplace is any and everything ca...
10/23/2015
Good morning all.Today's news is likely going to cause a minor hit to pricing as builders are stating they are seeing strong demand for product and have a very optimistic outlook. While this is always good news the reality behind it is not shocking at all. When building was all but extinct for se...
10/20/2015
Being a Denverite, I love the Broncos and I also think Peyton Manning's career speaks for itself. Holding many a NFL record and being a great role model he is an inspiration to many. With that said there is also a time in everyone's career when its simply time to call it quits and Peyton is 1 yr ...
10/18/2015
Not much news today and I don't see much movement to rates in the short term either. The FNMA 3.0 coupon closed yesterday at 101.625 and is currently sitting just below 101.600.The real reason we cannot see rate hikes right now is we have NO leadership, lots of finger pointing (this doesn't help ...
10/16/2015
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David Shamansky

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