Rate Guard + Real Estate Trends

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Mortgage and Lending - Cherry Creek Mortgage Co

ARCHIVED BLOG POSTS

2009 

A Terrific New Years Eve to all, Jobless claims came in much lower than expected. The market opened lower than yesterday's gains, but we have recovered early morning losses. Positive thoughts we close where we opened. Best wishes for a  Great New Year.  Today's market snapshot Charting in detail ...
12/31/2009
Wonderful Weds morning to all, PMI came in higher than expected indicating some rebound with manufacturing. The 5yr auction went well yesterday resulting in a nice rally. The 7yr auction we need to watch carefully. Today's market snapshot   Charting in detail below  http://mortgagecoach.utipu.com...
12/30/2009
Terrific Tuesday to all, MBS opened exactly where we closed yesterday. The auctions today and tomorrow will weigh heavily on bonds. Case Shiller came in flat.., and consumer confidence was up a bit but not quite where it was expected. Positive thoughts we can hold and possibly rally. If the aucti...
12/29/2009
The State of the Market Quick re-cap on reality Real Estate Residential: We all know the low end is moving briskly in most parts of the country. Remember the Tax Credit will run out.........what then? Reasonable home prices might drive sales at the low to middle end. However if rates continue to ...
12/28/2009
Marvelous Monday To all, Auctions will weigh heavily on bonds this week. Holiday sales were up 3.2% since Nov 20th. Light trading week and the HUGE auctions = caution as we are well below support. Hopefully if we sell off we can hold at 99. Today's snapshot Charting in detail below http://mortgag...
12/28/2009
A Very Merry Christmas & Happy Holidays to all, We opened lower than MBS closed yesterday. Durable goods came in higher than expected up 2% with autos thrown out. Jobless claims were down 28K, both positive for the economy. Happy Holiday thoughts we stay in current trading range a sell off is sti...
12/24/2009
So all you want for the NEW Year is a new Log Home With interest rates low and the Tax Credit almost in your back pocket now is the time to plan and purchase your new home. 1st you need to call Claire so she can help guide you with your new home. Texas is the fastest growing state. So what could ...
12/23/2009
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Wonderful Weds morning to all, We opened a wee bit higher than yesterdays market close. Personal income was up but still a hair less than projected. New home sales were down, however building permits were up. Sideways trading is likely today.......however would like to see us recover lost gains. ...
12/23/2009
Terrific Tuesday morning to all, Bonds once again have opened much lower than where we closed yesterday. GDP came in at 2.2 % signifying growth in the economy. Existing home sales were up once again 7.4%. That wasn't a real surprise. Wild swings in the market.............  Happy thoughts we close...
12/22/2009
Marvelous Monday morning to all. This week will be choppy....most for the pros are on vacation. Dow is up, no economic news today. Carefully float. Today's outlook Charting in detail below   http://mortgagecoach.utipu.com/app/invited/id/a17d20 Have a great day!
12/21/2009
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Paul Walton

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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!