RECENT BLOG POSTS
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•v FHA Appraisal Changes: Implementation of ML 2009-28 (Appraiser Independence) & ML 2009-51 (Adoption of the GSE (Fannie/Freddie) Appraisal Update Forms) We have been told that the appraisal changes (prohibition of mortgage brokers and loan production staff from selecting appraisers) ar...
02/11/2010
Mortgage Rates Up Slightly In the San Antonio Area As reported by CNNMoney.com -- Treasurys turned lower Wednesday following a lackluster debt auction of 10-year notes for this morning 2/11/2010.What prices are doing: The benchmark 10-year note was down 13/32 to 97-13/32, and its yield rose to 3...
02/11/2010
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San Antonio Mortgage Rates Rise 10 Yr Takes a Big Hit As reported in CNNMoney.com -- Bond prices fell late Monday, rates up, as investors shifted their attention to higher-yielding assets like equities amid optimism about the economy. "People are positioning ahead of next year, trying to focus on...
12/22/2009
Mortgage Rates In San Antonio Up Slightly Treasurys Fall On Rebounding Stocks December 18, 2009: 9:14am CST As Reported by Reuters -- U.S. government bond prices slipped Friday after Thursday's scramble for low-risk investments, spurred by falling stocks and concerns over Greece's fiscal prob...
12/21/2009
Texas Veterans Land Board Remain Steady Texas Veterans Land Board rates remained steady at 5.05% for the week beginning 12/18/2009. The rate will be good until 4:30pm on Friday, 11/27/2009. With at least 30% disability the rate would drop to 4.55%. Steve Brown Gold Financial Services Senio...
12/21/2009
San Antonio Mortgage Interest Rates Up Slightly Treasurys Pare Gains On Strong Manufacturing Data December 17, 2009: As reported by Reuters -- U.S. Treasurys shaved earlier gains Thursday after a measure of regional business activity posted a surprise increase, suggesting vigor in the U.S. ...
12/18/2009
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Texas Veterans Land Board Rates Rise Texas Veterans Land Board rates dropped from 5.00% to 5.05% for the week beginning 12/11/2009. The rate will be good until 4:30pm on Friday, 11/27/2009. With at least 30% disability the rate would drop to 4.55%. Steve Brown Gold Financial Services Senior Lo...
12/17/2009
San Antonio Mortgage Interest Rates Down Slightly Higher than expected unemployment claims cause rally in the bond market only to be countered by an higher than expected regional business activity suggesting vigor in the US manufacturing sector. All in all, San Antonio mortgage interest rates ar...
12/17/2009
San Antonio Mortgage Interest Rates Rise Slighlty on the Treasurys Fall on Poor 10-Yr Debt Sale As reported by Reuters -- U.S. Treasurys prices fell on Wednesday, sending 30-year yields to four-week highs after an unexpectedly poor auction of 10-year debt. The Treasury sold $21 billion of 10-yea...
12/10/2009
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Texas Veterans Land Board Interest Rate Down The TxVet rate for the week of 11-30-09 went to 5.00% from 4.99%. With at least 30% service related disability the rate would be 4.50%. Call Steve Brown, Mortgage Loan Officer specializing in loans for Veterans. Steve Brown Senior Mortgage Loan Off...
12/09/2009