Reggie Green's (rpgj80) Blog

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Mortgage and Lending - Team Green at Fairway Independent Mortgage Corporation - 229993
RECENT BLOG POSTS
INTEREST RATE PRICING STAYS IN NARROW RANGE February 10th, 2014 Interest rate pricing was all over the place last week.  On Monday, interest rates hit their lowest levels in about 3 months.  Interest rates went higher the rest of the week until the January employment report was released on Friday...
02/12/2014
LOWEST INTEREST RATES IN OVER 2 MONTHS February 3rd, 2014 Interest rates are on quite the hot streak with weakness in global equity markets causing investors to seek the safety of Mortgage Backed Securities. The DOW Jones is down over 5% on the year, and the MBS market has closed better each week...
02/02/2014
INTEREST RATES CREATE NEW LOWS FOR  2014 January 27th, 2014 Interest rates continued their hot streak ahead of the FED statement on Wednesday.  Mortgage interest rates pushed to new lows in 2014 with the stock markets having a big sell off and investors transferring money into safer investments. ...
01/26/2014
RATES MAINTAIN RECENT LOW LEVELS January 21st, 2014 Interest rates stayed relatively calm last week.  They improved on Monday and have maintained close to the same levels the rest of the week. The Mortgage Backed Security market ended last week + 40 bps, but finished this Tuesday - 5 bps.  I expe...
01/22/2014
INTEREST RATES DROP TO 1 MONTH LOWS   January 13th, 2014   Interest rates finally gained some momentum after weeks of movement higher.   On Friday, the December employment report was released. Analysts predicted Non Farm Payroll Jobs to increase by 196,000 and the unemployment percentage to remai...
01/13/2014
TESTIMONIALS “Reggie Green was very professional, prompt and clear regarding our mortgage refinance.  He was always reachable and had a quick response if we had questions.  He explained all the options we were interested in. We got a great rate and zero closing costs. The entire process was very ...
01/10/2014
TODAY’S INTEREST RATES / NEW .5% DOWN PAYMENT PROGRAM   January 6th, 2014     I hope everyone had a happy and safe New Years!!   Interest rates didn’t move much last week with the majority of traders on vacation. The MBS market closed + 18 bps, so mortgage pricing improved slightly.   On Friday, ...
01/06/2014
FED TAPERS – RATES WILL GO UP IN 2014 WITH GSE FEE INCREASE December 26th, 2013 I hope everyone had a Happy and Safe Holiday!! As many have heard by now – The FEDERAL RESERVE BOARD finally decided to taper their bond purchasing program – capping months of speculation on when the move would take p...
12/30/2013
ALL EYES ON FED STATEMENT WEDNESDAY  -   50/50  CHANCE FOR TAPERING December 16th, 2013 All eyes are on the FED and The FOMC meeting this week.  The FOMC starts their meeting on Tuesday and will release their statement at 2 pm Eastern on Wednesday. There is more and more speculation that the FED ...
12/17/2013
RATES CONTINUE MOVING HIGHER     /      FED MEETING NEXT WEEK December 9th, 2013 The interest rate market had quite the week last week. Rates rose everyday from Monday through Thursday before the important November employment report. Then something weird happened. Job creation beat their forecast...
12/09/2013
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Reggie Green

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