ARCHIVED BLOG POSTS
2009
0
Comments
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
2
Comments
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
0
Comments
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
0
Comments
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
0
Comments
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
0
Comments
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
2
Comments
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
0
Comments
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
0
Comments
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