Inside the Mortgage World

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Mortgage and Lending - Premier Nationwide Lending, NTFN #75333 - RMLO #252686
RECENT BLOG POSTS
While the media and Washington continue to chatter about the slowing economy and mortgage/real estate market, interest rates are already at all-time lows.   In fact, rates have not been this low since 2003!  If you, your clients, or anyone you know are looking to take advantage of these low rates...
12/13/2008
I decided to repost my blog of 11-3-08 on this channel because there seems to be great confusion over Fed rate cuts, which are a cut to the Fed Funds Rate, and the impact on mortgage rates.  So here's the post to explain: Whenever the Fed announces a Fed Funds Rate cut as they did last week, the ...
12/13/2008
While the media and Washington continue to chatter about the mortgage market and the slowing economy, interest rates are currently near or at all-time lows. If you or anyone you know are looking to take advantage of these low rates, let me explain why NOW is the time to act. You may have heard th...
12/13/2008
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The auto industry continues to make headlines as the Senate rejected the bail out plan last night.  The Bush administration is considering its options to save the auto industry including using TARP funds.  Bonds have traded in a wide range this morning on the uncertainty of this outcome as well a...
12/12/2008
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The auto industry continues to make headlines as the Senate rejected the bail out plan last night.  The Bush administration is considering its options to save the auto industry including using TARP funds.  Bonds have traded in a wide range this morning on the uncertainty of this outcome as well a...
12/12/2008
Mortgage Bonds continue to improve as initial Jobless Claims hit a 26 year high.  Yesterday, Mortgage Bonds benefited from the governments purchasing program for Mortgage Backed Securities.  They are continuing this nice rally today as we are seeing the best pricing of 2008, beating out the refin...
12/11/2008
Don't Blink!  The media is reporting today mortgage rates have dropped .5%...down to an average of 5.47%.  As usual, the media is late to the story.  Last week mortgage rates did drop anywhere from .25% to almost .75% in some cases.  Mortgage applications doubled last week on this drop in rates w...
12/03/2008
Last week, the mortgage industry received a nice boost just in time for Thanksgiving!  The Fed is going to buy Mortgage Bonds.  This brilliant move by the Fed is designed to help increase the availability of credit, while lowering fixed mortgage rates.  On the day of the announcement, Mortgage Bo...
12/01/2008
This Holiday shortened week started off quiet for the Bond market as MBS remained flat during the first trading hour.  Thirteen (13) economic reports are just in front of the Thanksgiving holiday plus a Treasury auction later today.  Fewer traders will be working this week and with big reports co...
11/24/2008
A short lesson in Treasuries, Mortgage Bonds, and Home Loan Interest Rates - Yesterday we saw an huge disconnect between the U.S. Treasury 10 year note and the Mortgage Backed Securities (MBS).  The media continues to get it wrong...and even some mortgage professionals are watching the wrong inst...
11/21/2008
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ElizabethRose

Certified Mortgage Planning Spec - Texas
smartphone972-345-3268
local_phone469-322-6977
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An inside look at the mortgage market and how it might affect you.