Sunny Singhs Finance Talk

Hold on to your seats, todays FOMC meeting might repeat its last memorable meet. Last time FOMC, the 10 YR Bond Yield rocketed 26 ticks in 1 day. That was not too long ago, about 3 1/2 weeks ago. FOMC (Federal Open Market Committee) While the U.S. Federal Reserve will have a lot to say about toda...

  Mortgage rates are a little bit higher today but there is very little difference on best execution rates and only minor affects on the closing costs associated with those rates. In lamens terms, actual interest rates for are pretty much the same as they were yesterday, but the costs to obtain t...

ASTONISHING FACT OF THE WEEK   How many CA DRE Licensed Brokers & Salespersons do you think there were 24 months ago?          153,015 Brokers          356,199 Salespersons   How many CA DRE Licensed Brokers & Salespersons do you think there are currently?             144,242 Brokers          291...

FNM 3.5 Down 22 ticks and still going 10 YR Bond Yield up to 2.28 and still going   The sell off isnt helping. It doesn't matter that stock markets have sold off and it doesn't matter that recent Fed officials have spoken equivocally about QE3. This is a negative for the bond market because it me...