ARCHIVED BLOG POSTS
2010
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Create your OWN Stimulus Package Today the FED's support for MBS (Mortgage Backed Securities) ended. Bonds drooped a bit, but the future is bright. How can you create your OWN stimulus package and purchase more home with the same budget? How can you SELL your home faster for the best possible pri...
03/31/2010
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Weds Afternoon Rate Guard Update, Very choppy day with bonds, very much like a rollercoaster ride. W-St is down 52pts also. Rate Guard Update Have a great afternoon.
03/31/2010
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Wonderful Weds Morning to all, Mixed economic news this morning. Hold on the market is currently dropping now down 22bps. Rate Guard Update Have a great day!
03/31/2010
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Terrific Tuesday to all, Choppy start with consumer confidence up. Expect an interesting day with bonds as we are one day away from the FED's support of MBS purchases. Rate Guard Update Have a great morning!
03/30/2010
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Marvelous Monday Morning to all, Expect choppy trading today. Economic news for personal consumption came in at expectations. Rate Guard update Have a great day!
03/29/2010
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Fantastic Friday to all, Solid opening this morning. GDP was revised down slightly. IMF and the EU have moved forward with aid for Greece. Europe still has Ireland and Portugal issues coming. Rate Guard Update Have a great weekend!
03/26/2010
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Terrific Thursday evening to all, Good news the BEARS found the honey I hid on W-St. We did recover this afternoon from this morning's drop. GDP is due out tomorrow..............my thoughts are GDP will most likely be positive...............meaning another wild ride with bonds. Rate Guard Update...
03/25/2010
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Hang on! The market is selling off without signs of improving so far. GDP tomorrow I expect a rosy report= no help. Rate Guard Update I will update later this afternoon!
03/25/2010
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Terrific Thursday to all, Economic news this morning with jobless claims is better than expected. Concerns with the domino effect in Europe have resurfaced. Pressure is on EMU to ease concerns with Greece, and Portugal n coming next. Rate Guard update Have a great morning!
03/25/2010
Negotiating how your credit is reported with a Short Sale When preparing for a Short Sale you need to initially negotiate with your lender how the Short Sale will be reported on your credit. If you wait until after you have started the Short Sale process, negotiating how it will be reported is m...
03/24/2010
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!