Rate Guard + Real Estate Trends

Mortgage and Lending - Cherry Creek Mortgage Co
A Fabulous Friday Morning to all, Morning Economic News: GDP Annualized was revised down from 3.3% to 2.8%, Personal Consumption Expenditure’s came in well under expectations, Consumer sentiment shows an increase in consumer confidence. Advice: We have had a nice rally ..lock prior to a correctio...
A Terrific Thursday Morning to all, Morning Economic News: Both Initial and Continuing Jobless Claims drop, Durable Goods Orders are disappointing, New home Sales come in under expectations. Focus is still on the Mid East be careful.. Have a Great Day!
FHA Changes coming in April to Monthly Mortgage Insurance for FHA loans Mortgagee Letter 11-10 Effective April 18th the Annual Mortgage Insurance will increase 25 basis points. 30 YEAR Term Mortgage LTV 95% and above: Current 90 BPS April 18th 115 BPS LTV 95% and below: Current 85 BPS April 18th ...
A Wonderful Weds Morning to all, Morning economic news: Existing home sales beat expectations..up 2.7% from the previous month. Be careful as the focus on the Mid East settles.. Tip for business expenses 2011 Have a great day!
A Terrific Tuesday Morning to all, Morning Economic News: Consumer Confidence and Richmond FED Manufacturing Index both beat expectations, S+P Case Shiller Home Price Index droops to 2009 levels. Unrest in the Mid- East and rising oil prices have center stage. Be careful.. Have a great day! Pleas...
A Fabulous Friday Morning to all, Lean economic news this morning. The focus will be on the G20 meeting in Europe ( global financial meeting ) concerning cash flows from country to country. Have a great weekend!
A Terrific Thursday Morning to all, Morning Economic News: Both Initial & Continuing Jobless claims are up: Leading indicators up slightly but under expectations: Philly Fed Manufacturing Survey surges past expectations. Concerns with global inflation will eventually have an impact here ( we saw ...
A Wonderful Weds Morning to all, Morning Economic news: Building Permits down, Housing starts were up ( mainly to beat the changes in building codes), Industrial production came in under expectations. PPI (Producer Price Index measures inflation) was up. Have a great day!
A Terrific Tuesday Morning to all, Morning Economic News: Retail Sales –Autos came in under expectations, Business Inventories Flat, NY St Manufacturing Index up slightly, NAHB Housing Market Index still down./ Import Prices Y-Y up 5.3% : Export Prices M-M up 1.2%:Import Prices M-M 1.5% Soft Reta...
Happy Valentine’s Day Lean Economic news: FED’s Budget proposal with spending cuts. Be careful as the afternoon progresses.. Have a great day!

Paul Walton

local_phone(707) 745-1595
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My blog has daily updates with MBS (Mortgage Backed Securities) as this combined with current economic news is what drives interest rates. Good economic news usually is bad for bonds = higher interest rates Bad economic news is normally good for bonds= lower interest rates The bond market and stock market are both active while the markets are open. Investors are either investing in Wall St or running to the safety of bonds depending on market emotion, and current economic news. Economic news that affects both Wall St and MBS (bonds) are jobs reports, manufacturing data, GDP (Gross Domestic Product), housing starts, corporate earnings/ outlook, and inflation to name a few. The higher bonds are = the lower interest rates are. Interest Rates are not included in morning updates due to the factors that affect interest rates, credit scores, location, type of property, loan to value, loan amount, ect. My blog also features changes coming to the Real Estate Market, lending guideline changes, and tips to help address current Real Estate issues. Videos are either hosted via You Tube or at Mortgage Coach’s Utipu account. Let’s make a difference in our world! I hope you enjoy!