ARCHIVED BLOG POSTS
2009
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Rate Lock Advice and Mortgage Market Update September 30 , 2009, 8:30 AM ET Important FHA News09-18-2009, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are down -3/32. Second quarter GDP was rev...
09/30/2009
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Rate Lock Advice and Mortgage Market Update September 29 , 2009, 9:30 AM ET Important FHA News09-18-2009, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 RATE LOCK ADVISORY Lock Advice: FLOATMBS prices this morning are unchanged from closing pric...
09/29/2009
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Rate Lock Advice and Mortgage Market Update September 29 , 2009, 9:30 AM ET Important FHA News09-18-2009, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 RATE LOCK ADVISORY Lock Advice: FLOATMBS prices this morning are unchanged from closing pri...
09/29/2009
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Rate Lock Advice and Mortgage Market Update September 28 , 2009, 1:10 PM ET Important FHA News09-18-2009, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 RATE LOCK ADVISORY Lock Advice: FLOATMBS prices closed Up 6/32. There are no economic announ...
09/28/2009
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Rate Lock Advice and Mortgage Market Update September 28 , 2009, 10:00 AM ET Important FHA News09-18-2009, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are Up 1/32. There are no economic announ...
09/28/2009
I found this article in Sunday's San Diego Union Tribune Legislation introduced to keep tax credit alive By Kenneth R. Harney 2:00 a.m. September 27, 2009 WASHINGTON - Will Congress extend the wildly popular $8,000 home-buyer tax credit beyond its Dec. 1 expiration date? That's a question generat...
09/28/2009
There is a lot of great informaion on the internet but unfortunately there is also a lot of missinformation. My rule when looking for information to answer a question is to find two answers that agree. Jim Frimmer did a good job of explaining the problem so I thought I would pass it on. San Dieg...
09/27/2009
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Rate Lock Advice and Mortgage Market Update September 24 , 2009, 4:00 PM ET Important FHA NewsFriday, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +6/32 which may trigger midmorning rate ...
09/24/2009
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Rate Lock Advice and Mortgage Market Update Lock Advice: FLOATMBS prices are up +6/32 which may trigger midmorning rate improvement .Jobless Claims came in lower than expected. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate...
09/24/2009
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Rate Lock Advice and Mortgage Market Update September 23 , 2009, 10:15 AM ET Important NewsLast Friday, Hud announced sweeping FHA changes, the most I have seen in my careerPress Release: HUD No. 09-177 Lock Advice: FLOATMPS Prices reversed themselves from their lows earlier and move up to close...
09/23/2009