Market Preview for this Week

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

Weekly Market Preview What’s on the agenda for this week? Early this morning the US stock indexes were trading better, the 10 yr note yield at 2.18% +1 bp and at 8:30 30 yr MBS price -14 bps. Holiday trading this week and next. Last week’s run up in the stock market didn’t break the […]

Market Analysis 12-22-14

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

Daily Market Analysis Early this morning the US stock indexes were trading better, the 10 yr note yield at 2.18% +1 bp and at 8:30 30 yr MBS price -14 bps. Holiday trading this week and next. Last week’s run up in the stock market didn’t break the rate markets, investors and traders still willing […]

Mortgage Rate Summary 12-19-14

Posted by on Dec 19, 2014 in News | No Comments

Today’s Mortgage Rate Summary Mortgage Rates Currently Trending-Neutral Today’s Mortgage 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 […]

Daily Market Analysis 12-19-14

Posted by on Dec 19, 2014 in News | No Comments

Daily Market Analysis Traders, investors, analysts, and economists are happy these last two weeks are over. The volatility in equity and bond markets has been extreme over the past 10 sessions, time to take a breath and let things settle down a little. The Fed stirred the pot on Wednesday, what it always does at […]

Daily Rate Insider 12-18-14

Posted by on Dec 18, 2014 in News | No Comments

Mortgage Rates Currently Trending Higher Today’s Mortgage Rate Forecast Higher Today’s Potential Rate Volatility HIgh 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 […]

Daily Market Analysis 12-18-14

Posted by on Dec 18, 2014 in News | No Comments

Daily Market Analysis Volatility yesterday after the FOMC statement kind of said rates will go higher, also kind of said the Fed will be “patient,” the Yellen said the FOMC will not increase rates in the next two FOMC meetings. The policy statement had something for everyone with the usual confusion left to markets to […]

Mortgage Rate Insider 12-17-14

Posted by on Dec 17, 2014 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Lower Today’s Mortgage Rate Forecast Neutral Today’s Potential Rate Volatility High (by Sigma Research) 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 […]

Fixed or Adjustable Rate Reverse Mortgage Loan

Posted by on Dec 17, 2014 in News | No Comments

  This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). Loans made or arranged pursuant to Real Estate Corporation License Endorsement #1279902, California Bureau of Real Estate (877-373-4542). NMLS #1279902

Market Analysis 12-17-14

Posted by on Dec 17, 2014 in News | No Comments

Daily Market Analysis Starting somewhat like yesterday this morning; at 7:00 the DJIA traded +100, 9:00 +50. The 10 at 7:00 2.11% +5 bps, at 9:00 2.08% +2 bp; 30 yr MBS price at 9:00 -6 bp. The FOMC policy statement and Yellen’s press conference dominate trading today. In the meantime Nov CPI expected down […]

REVERSE MORTGAGE LOAN PROCEEDS

Posted by on Dec 16, 2014 in News | No Comments

In this video I describe the different ways that you can access your equity via the HECM reverse mortgage product and how each method affects the other.   These materials are not from HUD or FHA and were not approved by HUD or a government agency.