Team Neliton Mortgage Planning at Caliber Home Loans

Hello Team, time for today's update. Interesting times in the market due to some global pressures that are always hard to predict. First they are in the midst of a major strike at the main Chevron refinery in Nigeria, the country's number #1 export so it has caused oil prices to jump this morning...

Hello! Kind of a weird day for stocks and bonds. Stocks opened in the red, bonds opened in the black and they have both crossed over to the other side and now stocks are back in the red. Currently at 11:27 PST, the DIJA is -12 and the 6% mortgage backed security is down 12 basis points as well. 2...

The bond market and mortgage backed securities that directly effects mortgage rates are up for the 3rd day in a row after hitting an ugly bottom last week. When I say mortgage backed securities are up, that means the value is up, in turn, causing lower interest rates. So up is good when it comes ...

This came up again today during my market update for a real estate company I work with and was surprised how many of the agents did not know the details of this Act that was passed by Congress and signed by President Bush late last year in 2007. As you many of you were aware, in the past when a h...

I am not sure if you have heard of this free, hosted, web community page you can develop but, wow, very cool. If you go to www.ning.com, you can instantly create your own web community with forums, a blog, event calendar, a place to post pictures, videos, etc. For those of us in lending and espec...

As I posted in another blog recently, the impact of an imperfect credit score with the new Fannie Mae "risked based loan pricing" can be huge and very disappointing for your client. Also, with identity theft as prevalent as it is, it is great to address potential surprises and issues if you are h...

Just yesterday this happened and I still don't believe it when it happens and want to make sure our realtor partners are aware of this dilemma. During my consultation with a client, it is a very clear step in the process to explain that mortgage rates can not be locked until a property is identif...

http://www.whitefence.com This website I was just introduced to and I wanted to share if you have not heard of it. I tested it out and plugged in my own address and it is a very detailed list, it will come up with all the utility companies and just about every other service that goes along with m...

  Well I am sure this has been written about hundreds of times but I felt it is a good Blog topic to revisit often. As my assistant pointed out to me yesterday after she walked in my office several times over a 90 minute period to watch my face buried in my computer screen reading one of the many...

Oh my goodness, I was reading this news article about a couple in Pittsburg that was suing Google for invasion of privacy for their "street view" feature and how Google must have had one of their photographers drive up a private drive to get a shot of the front of their home.I wasn't sure what th...