Greg Brown's (gb93) Blog

Long time since my last post, but is good to be back. With the sudden collapse of Taylor Bean and Whitaker this week, comments from several sources have stated the collape of the broker network is imminent. I don't think so!! Taylor Bean was a major source of funding loans for independent brokers...

    More gloom and doom news from everywhere Today. I wonder if the media gets as sick and tired of reporting that type of news as we do hearing it. One of the so-called analysts reported that most Americans are sitting on the sidelines because they believe that home values will continue to fall ...

 TGIF!! Some weeks seem to go by like a breeze, other weeks seem to never end. The 30 year fixed is solid at 5.125% 10 and 15 year terms are still hovering at the 4.875% to 5% range. 3/1 and 5/1 ARM's have the cheapest money on the board. Investors seem to be BEGGING for A paper, short term loans...

I hope everyone is doing well as this historic day progresses.  The country and our economy has taken a beating for the past several months, with more turmoil on the horizon. Hopefully, Barack Obama and his administration have the answers, because there are a whole lot of questions that still nee...

Hello everyone. I hope all of you had a wonderful holiday season, I know I did. Guess what? it is time to get back to work, Close some deals and make some MONEY!!! The benchmark 30 year fixed is holding steday at 5.125% for PAR. Very attractive rate. I heard something on the TV that the rates are...

I always hate starting a commentary on today's rate activity, without having a clear idea of what I want to say. I guess it is the holiday hangover. Today's rates remain steady at this point, with the 30 year fixed standing at 5.25%. Rates for the shorter term loan's are extremely attractive. For...

Hope everyone had a restful long holiday weekend. I know I did. There is still a lot of good news on the mortgage front this morning. Rates are trendiing downward once again. The 30 Year fixed stands at right under 5.25% for PAR. The best money on the board this morning would be the 3/1 ARM and 5...

Rates are continuing their historic fall and this is GREAT news for everyone. I am also hearing that we will see a continuation of the trend downward, however there will be daily fluctuation. If we pay close attention to the direction rates are headed daily and we lock at the right time, your cus...

Rates have taken a dramatic drop Today. The 30 Year fixed stands at 5.25% and with a half point in discount your customer could get a 5% rate. The 10 and 15 year rates are even lower with 5% being PAR on both terms. These are significant long term rate reductions. Conventional 3/1 and 7/1 ARM mon...

Nothing special this morning, just a good ol bottle of Crystal Springs water. I may try another Wendy's salad today, you can't beat their salads for five bucks. Rates are continue there fall with the standard bearer 30 year fixed at 5.625%(unbelievable) with no adjustments. The interest only 5/1 ...