Roxy Redenbaugh's (roxyred) Blog

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Mortgage and Lending - Roxy Redenbaugh (Acceptance Capital Mortgage Corporation)
RECENT BLOG POSTS
  Potato and Bacon Salad This potato salad is made with bacon and Dijon mustard and is great the next day too. •·         6 boiled eggs •·         5 lbs of Potatoes •·         6 slices of cooked bacon crumbled •·         4 stalks of celery, chopped very small or minced •·         1 medium Red Oni...
06/23/2010
Friday's bond market has opened down slightly with no economic data or noticeable stock movements to influence trading. The stock markets are showing modest gains with the Dow up 9 points and the Nasdaq up 3 points. The bond market is currently down 5/32, which should keep this morning's mortgage...
06/18/2010
Declines in fixed mortgage rates to about 4.9 percent in May helped boost refinance applications during the month, which will lead to increased refinance originations late in the second quarter and early in ththird quarter. As a result, we upwardly revised our projection of refinance originations...
06/18/2010
This week is fairly busy with five economic reports scheduled to be released. Two of the five are considered to be of high importance to the markets and mortgage rates. The remaining three are of interest to the markets but likely will not cause a large change in mortgage rates unless they vary g...
06/13/2010
Friday's bond market has opened in positive territory after this morning's key consumer spending report showed much weaker than expected readings. The stock markets are mixed with the Dow down 24 points and the Nasdaq up 7 points. The bond market is currently up 14/32, but we will likely see an i...
06/11/2010
Wednesday's bond market has opened in negative territory again following early stock strength. The stock markets are showing sizable gains with the Dow up 113 points and the Nasdaq up 30 points. The bond market is down 12/32 as investors shift funds into stocks. However, due to some improvements ...
06/09/2010
          Real Estate Outlook: Positive Trendsby Kenneth R. Harney Positive news on housing and real estate keep rolling in -- thanks in large part to federal home purchase tax credits and continuing near-record low mortgage rates. Last week's pending home sales report from the National Associat...
06/07/2010
McLean, VA - Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.79 percent with an average 0.8 point for the week ending June 3, 2010, up slightly from last week when it averaged 4.78 percent. ...
06/07/2010
Friday's bond market has opened well in positive territory after this morning's Employment report revealed a surprise that was favorable to bonds. The stock markets have reacted negatively to the same data, bringing the Dow down 169 points and the Nasdaq down 28 points. The bond market is current...
06/04/2010
Wednesday's bond market has opened in negative territory after this morning's stock markets showed early gains. Stocks have continued to move higher, pushing the Dow up 89 points and the Nasdaq up 24 points. The bond market is currently down 8/32, which should push this morning's mortgage rates h...
06/02/2010
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Roxy Redenbaugh

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