Matthew Royer's (sphinx780) Blog

Good afternoon, Rates are shifting slightly higher this week, much of this is a sit and wait game on Greece. There hasn’t been any major financial news this week. On the personal front, the family has been doing great although as an avid tennis fan, I’m still in withdrawal from the Australian Ope...

Good afternoon, The market for Mortgage Backed Securities (MBS) this week has been absolutely stellar.  From the Federal Reserve’s announcement last week coupled with continuing worries about the Greece Debt problem and poor economic reports all coming within days of each other.  This is a week w...

Good afternoon, The market has been unusually volatile this past week, seeing interest rates getting up above 4% as of yesterday and then the Federal Reserve released their statement on key interest rates. Here’s the nitty gritty:  They have stated that they are looking to keep the key interest r...

Good morning, So I was reading this article and putting all political skews aside, I wanted to touch on an important topic for homeowners struggling to refinance.  Specifically the HARP refinance program which was touted to be able to help near 5 million homeowners and has yet to help 1 million a...

Good morning! As you will see below interest rates are currently as good as they have been for quite some time.  For the first time in a while we are going to see a change in this coming in the next month and it won’t be market driven.  This is directly driven by Fannie Mae and Freddie Mac. The e...

Good morning! I always like to take this time of year to Thank each and every one of you that continue to read my updates and have referred business to me or benefitted from my advice over the year.   Have a safe and happy holiday, enjoy every second you have with your friends and family because ...

Good morning! Interest rates are once again holding steady and amazingly low. I’m not sure about you but in the short decade I have been working as a mortgage broker, I never expected to see a 30 year fixed interest rate below 5…and here we are sitting at 3.75%  For new homebuyers, this is a grea...

Good morning! First and foremost, I’m a big believer that if we don’t remember our past we our doomed to repeat it.  Today is the 70th Anniversary of the Attack on Pearl Harbor and once again I’d like to thank the men and women in our military for everything they do for us regardless of whether o...

Good morning! I hope everyone had a great Thanksgiving holiday!  Shannon and I hosted both of our families again in what was a very bittersweet holiday.  My grandmother passed unexpectedly the week prior so it was more a celebration of her and helping comfort my grandfather who was lucky enough t...

Good afternoon! With no major news or reports this week we’ll keep this one short and sweet.  Keep in mind with any clients, friends or family you have out there that are currently looking to buy or refinance that as a broker we have a lot more flexibility to ensure they are getting the lowest ra...