Rate Guard + Real Estate Trends

Mortgage and Lending - Cherry Creek Mortgage Co
Morning Economic News: Import Price Index year over year beats expectations, Beige Book is due out later this morning ( hopefully with no surprises). We had a coupon rollover today but should have opened higher. Positive thoughts to stay above 98.60 today or we could see another correction. Have ...
Economic News: Wholesale Inventories come in under expectations, Consumer Optimism drops by another point. Japan offers to purchase Eurozone debt and corp earnings is the focus. Be very careful and lock on rally’s Have a great day!
No Domestic Economic news: Portugal and the Eurozone fears re-surface. It’s possible that Portugal might need a bailout. Advice is to lock on rally’s. Have a great day!
Friday’s Economic News: The Unemployment Rate drops to 9.4%, Non- Farm Payrolls come in under expectation. While the unemployment rate drops we still aren’t adding enough jobs, be cautious and grab the morning gains. Have a great weekend!
Economic news: Continuing Jobless Claims fall, Initial Jobless Claims rise. Be cautious as the markets are extremely choppy. Have a great day!
Economic News: ADP Payroll has positive gains ( private payroll) ISM Manufacturing shows growth. The positive news will put pressure on bonds. Have a great day!
Morning Economic News: Durable goods orders -0.3% ( Durable Goods Orders – transportation 3.6%), Factory Orders up 0.7%-0.1% FOMC Minutes will be released later today. Caution locking bias might be prudent before the FOMC minutes are released. Have a great day!
Happy New Year! Economic News: Construction Spending was up 0.4%, ISM Manufacturing shows an increase again 57.0 ( last month 56.6) Be careful we are at the top of our trading range Have a great day!
Fabulous Friday morning to all, Happy New Year’s Eve! No Economic news today. Light trading so expect choppy trading. Happy New Year!
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...

Paul Walton

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!