RECENT BLOG POSTS
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Benicia Open Houses Nov 20th & 21st Rose Hadaway Coldwell Banker Solano Pacific 1190 West 13th St Sun 12-3 Judi Urbanik Prudential California Realty 420 York Dr Sat 1-4? Sun 1-4? Have a great weekend!
11/20/2010
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Fabulous Friday Morning to all, Economic news: China raises the reserve requirement for banks but not rates. No earthshaking domestic economic news. Have a great weekend!
11/19/2010
What a wild ride with rates and bonds recently, The video below will give a bit more insight with the current market. The markets are VERY Volatile however we should see improvement depending on market emotion & economic news in the coming week/weeks. Below is the Market Outlook for 2011 it’s a b...
11/18/2010
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A Terrific Thursday Morning to all, Economic News: Initial Jobless Claims a tick better than expected, Continuing Jobless Claims still high, Philly Fed Manufacturing Survey exceeds expectations by a huge number. Market Emotion: Very volatile Ireland may receive funds, China trying to slow down th...
11/18/2010
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A Wonderful Weds Morning to all, Economic News this morning: Core CPI ( measurement of inflation) flat, Building permits under expectations, Housing Starts lowest in last 18months. Core CPI shows the smallest increase since 1957= concerns with deflation and why the FED started QE2 to help try and...
11/17/2010
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Terrific Tuesday morning to all, Economic news: Producer price index both for the month and year under expectations, Industrial production flat. The markets are very volatile… Is QE2 going to produce jobs, or improve the economy? Other nations are looking with the question are we using it to incr...
11/16/2010
FHA financing is a major reason why buying a condo is still a viable option Huge changes for condos that want to use FHA financing. •· AS OF 12-7-2010, ALL CONDO PROJECTS THAT WERE FHA APPROVED PRIOR TO 10-1- 2008 WILL EXPIRE. THIS MEANS THOUSANDS OF CONDO PROJECTS WILL EXPIRE 12-7. ...
11/15/2010
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Marvelous Monday Morning to all, Economic news: NY ST Manufacturing Index came in well under expectations, Retail sales show growth for the 4th month in a row, Business inventories show improvement also. You Tube is slow this morning FYI Have a great day!
11/15/2010
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Benicia Open Houses Nov 14th Jeff Dennis Coldwell Banker Solano Pacific 403 West M St Sun 1-4 Marianne Moody Prudential California Benicia 1476 George Ct Sun1-4 Judi Urbanik Prudential California Benicia 420 York Dr Sun 1-4 Have a great weekend!
11/13/2010
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Fabulous Friday Morning to all, Economic news: Reuters Michigan Consumer Sentiment slightly up. Have a great day!
11/12/2010
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!