The Week's Economic Indicator Calendar Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise. Economic Calendar for the Week of March 24 - March 28DateETEconomic Report ForEstimateActualPriorImpactMon. March 2410:00Existing Hom
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03/24/2008
The Mortgage Market View... Buying versus Leasing: Two Sides of the Same CoinDespite claims to the contrary, there really is no one-size-fits-all answer to the question of whether to buy or lease a car. In either scenario, a portion of every payment is lost to depreciation, even with the best int
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03/24/2008
So after all that...what lies in wait as the markets reopen following the holiday weekend? Yet another action packed economic calendar. We'll get a look at the housing market via the latest numbers on both New and Existing Homes Sales, but the report voted most likely to influence the markets wil
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03/24/2008
"DARLING, I DON'T KNOW WHY I GO TO EXTREMES...TOO HIGH OR TOO LOW, THERE AIN'T NO IN-BETWEENS..." Billy Joel The financial markets endured another week of extreme bipolar behavior, with enormous intra-day mood swings that normally wouldn't be seen over the course of several weeks. While Bonds and
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03/24/2008
I recently went out and bought a great new book on time management, but just can't seem to find the time to read it.Does that sound familiar? It is funny, but all too true. So many of us who have found ourselves in commissioned sales positions continue to battle with a behavioral pattern that, if
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03/21/2008
Studies have shown that in the English language, next to a person's name and the word "mom", there is no warmer word than "home". This presents a tremendous opportunity for us because it is so easy for us to incorporate the word in our daily business. Use "home" instead of the words "house", "to
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03/21/2008
This is an idea that has been around, but rarely used.I have been in the mortgage industry for the last 15 years and for the most part my business has been refinance (conventional / cash out / sub-prime). Over the past few years I have become keenly aware that my business is very dependent on ref
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03/21/2008
Lending Limits Increased...We are all saved...NOT Here is a re-print of what the Government sold us regarding lending limits and loan programs that they thought would “Save” us all and help the economy: Stimulus Package: Lawmakers raise lending limits Do you qualify for a better rate? The Eco
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03/20/2008
DO YOU HAVE A SELF-EMPLOYED BORROWER... ... THAT CANNOT GO TRADITIONAL FULL-DOC? HAVING A HARD TIME FINDING ANYONE THAT STILL DOES STATED LOANS? TRY ABANK STATEMENT LOAN! 80% LTV CASH-OUT DOWN TO 560 SCORE. 85% LTV CASH-OUT CONSIDERED CASE BY CASE @ 640 PLUS SCORES. 90% LTV RATE & TERM/PUR
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03/20/2008
Here is today's market update. Please subscribe to my blog if you would like these sent directly to you every day. I will be posting more information as often as I can. Thank you for listening. Larry Bailey
03/20/2008
