ARCHIVED BLOG POSTS
2010
2
Comments
Wonderful Weds Morning to all, Private payroll added far fewer jobs, however Chicago Purchase Managers index was slightly up which shows some economic growth/ demand. Be very careful as W-St will be attempting to recover from Tues selloff putting pressure on bonds. Rate Guard Update Have a great ...
06/30/2010
0
Comments
Terrific Tuesday morning to all, Europe fears of debt repayment have W-St selling off this morning. Home prices inched up, and consumer confidence is down again. Rate Guard update Have a great day
06/29/2010
0
Comments
Marvelous Monday morning to all, Positive economic news this morning. Be very careful with bonds at these levels. Rate Guard Update Have a great day!
06/28/2010
0
Comments
Fabulous Friday morning to all, GDP came in lower than expectations which is helping us recover ground lost yesterday! Rate Guard Update Have a great weekend!
06/25/2010
0
Comments
Terrific Thursday Morning to all, Jobless claims slightly better than last week, advise locking before GDP report tomorrow. Market is correcting down at the present. Rate Guard Update Have a great day!
06/24/2010
0
Comments
Wonderful Weds morning to all, New home sales came in way off with the Fed Tax Credit ending. The FED's Interest rate decision is due out later today. Rate Guard Update Have a great day!
06/23/2010
0
Comments
Terrific Tuesday Morning to all, Existing home sales stalled W-St rally so far this morning. Richmond Fed Man index has softened the last two months. Rate Guard Update Have a Great Day
06/22/2010
0
Comments
Marvelous Monday Morning to all, W-St is on a rally based on Chinas announcement of allowing it's currency to move more freely. Be careful! Rate Guard Update Have a great day!
06/21/2010
0
Comments
Fantastic Friday Morning to all, GREAT Rally with bonds yesterday= Low rates. No economic news this morning, W-ST trying to rally however slight gains so far. Go grab your Realtor and find the home of your dreams. Rate Guard Update Have a great weekend!
06/18/2010
0
Comments
Good Morning Leaders, Positive news for bonds this morning. Please keep in mind the current rally will NOT last forever, once Europe fears subside a correction will hit. Grab you favorite Realtor and get in contract ASAP. Rate Guard Update Have a great day!
06/17/2010
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!