I was quoted in an investopedia.com article!!!

Posted by on Dec 29, 2014 in News | No Comments

I’m happy to spread the word that I was recently quoted in an investopedia.com article written by Amy Fontinelle. You can find the original article HERE From the article, 8 Reasons Not To Sell Your Home Without An Agent “For sale by owner” (FSBO) is touted as a great way to save thousands of dollars […]

Fannie Mae Lending Requirement

Posted by on Dec 26, 2014 in News | No Comments

What is the maximum number of financed properties fannie mae will allow?

Daily Market Analysis 12-26-14

Posted by on Dec 26, 2014 in News | No Comments

Daily Market Analysis The stock market opened better this morning; the bond and mortgage markets also started a little better. Trading today should be on light volume with many taking the opportunity for a long weekend. There are no economic reports out today. No hard data yet for Christmas holiday shopping but the WSJ reported […]

Mortgage Rate Summary 12-26-14

Posted by on Dec 26, 2014 in News | No Comments

Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of […]

Mortgage Rate Summary 12-24-14

Posted by on Dec 24, 2014 in News | No Comments

How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. […]

Market Analysis 12-24-14

Posted by on Dec 24, 2014 in News | No Comments

More selling in the bond and mortgage market with US stock indexes opening better. Yesterday the interest rate markets ended a nice rally when the bellwether 10 yr broke easily above 2.21% then 2.25%, the 20 and 40 day averages. All momentum oscillators now bearish as well as our proprietary models. The Q3 GDP and […]

Mortgage Rate Insider 12-23-14

Posted by on Dec 23, 2014 in News | No Comments

Rates Currently Trending: Neutral Today’s Rate Forecast: Higher Today’s Potential Rate Volatility: High How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves […]

Daily Market Analysis 12-23-14

Posted by on Dec 23, 2014 in News | No Comments

Today is marked with a lot of key economic data; starting at 8:30 with final Q3 GDP and November durable goods orders. After this morning there is no data until next week except weekly jobless claims tomorrow that recently have not changed much for the last month. Q3 final GDP at 8:30 blew the doors […]

Mortgage Rate Summary 12-22-14

Posted by on Dec 22, 2014 in News | No Comments

Today’s Mortgage Rate Summary How Rates Move:Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market.  This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic […]