ARCHIVED BLOG POSTS
2010
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Fabulous Friday morning to all, Happy New Year’s Eve! No Economic news today. Light trading so expect choppy trading. Happy New Year!
12/31/2010
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A Terrific Thursday Morning to all, Economic News: Initial jobless claims drop below 400k (very well can be upwardly revised later) Continuing Jobless Claims rise, Chicago Purchase Mangers index comes in strong, Pending home sales beats expectations but below last report. Mixed news and light tra...
12/30/2010
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A Wonderful Weds Morning to all, Economic news is lean today, expect choppy trading again. Have a Great Day
12/29/2010
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A Terrific Tuesday Morning to all, Economic News: Case Shiller Home Prices dip across the country, Consumer Confidence comes in under expectations, Richmond Fed Manufacturing is double what was estimated. Expect choppy trading thru the week: Advise locking short term. Have a Great Day!
12/28/2010
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I Hope Everyone had a Wonderful Holiday Weekend, Economic News: China raises Interest rates. Have a great day!
12/27/2010
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Terrific Thursday morning to all, Economic news: Both Initial and continuing jobless claims show improvement, Durable goods – Transportation was positive, New home sales less than expectations. Expect choppy trading the market will close early today. Happy Holidays!
12/23/2010
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Wonderful Weds Morning to all, Economic News: GDP came in slightly under expectations, Personal Consumption for the quarter was up, Existing home sales came in under expectations, Housing Price index showed improvement. Mixed news trading will be choppy.. Have a Great Day!
12/22/2010
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Terrific Tuesday Morning to all, Economic news: Lean today and action packed Weds + Thurs. W-St + Global ,markets were up which will put pressure on bonds. Have a great day!
12/21/2010
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A Marvelous Monday Morning to all, Economic News: Consumer Confidence is due out later. Be careful.. advice lock on any rally. The 22nd + 23rd are packed with economic reports which can sway the markets either way. Have a great day!
12/20/2010
What has happened with Mortgage Rates? Will rates improve? Nov 4th was the turning point for MBS (Mortgage Backed Securities) since then bonds have dropped equaling higher interest rates. Several factors have contributed: The FED buying Treasuries, Investors pulling from bonds to invest in Wall S...
12/18/2010
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!