Dave's Blog

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Mortgage and Lending - Signet Mortgage
Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.
RECENT BLOG POSTS
The Las Vegas ShackDiva.com has given a good set of reasoning for why we shouldn't expect a boat-load of inventory to dump on the market all at once.  For those who define "Shadow Inventory" this way - consider your definition de-bunked.  However, what is also clear is that "Shadow Inventory" doe...
01/24/2011
It was a strong week for economic data especially in housing. The curious thing is that bond interest rates really stayed in check with mortgage interest rates still well below the 5.00% level. The optimism is either only skin deep or the money guys just aren’t buying it. OR? Or is the Fed purch...
01/24/2011
>We hope your New Year celebration was wonderful and that you succeed in your plan for 2011! Satu and I enjoyed a quiet evening at home and have 2011 business planning well underway. The "A" in SMART goal setting stands for Accountable (among other things, such as Attainable or Action-centered, b...
01/03/2011
Based on news this past week there is a buzz about DOUBLE DIP IN HOUSING?!? Can your business plan make a difference in how the Real Estate market will perform in 2011? In a word "NO!" BUT your business plan can make a difference in how YOU will perform in 2011. Let's look at what the double-dip ...
01/03/2011
Rates made a dramatic comeback on Thursday and Friday after jumping up early in the week. Last week in this newsletter, I boldly (foolishly?) stated that perhaps we had reached a plateau and the markets would catch their breath. Imagine my surprise on Tuesday when the Mortgage-Backed Security (MB...
12/23/2010
December started with a bang on Wall Street, at least for the equity markets. (Oh and also for the DUCKS!) That stampede has cost more ground in the bond market and led to some additional leakage in interest rates. This, despite news that should (and did temporarily) really move interest rates do...
12/07/2010
The Bond markets took a bath in the past week moving home mortgage rate-influential Mortgage Backed Securities and commercial rate influential 10-year treasury securities close to a quarter point. The theories vary on reasons for the sell off, but the best answer appears to be that speculators ha...
11/15/2010
Great explanation from Kryste below on the free money program available in Bend and Redmond, OR enabling down payment money that may not otherwise be available. This is similar to the Down Payment Assistance programs behind FHA loans that ended 2 years ago.  This one (NSP) is allowed today as a s...
11/08/2010
It was a jam packed week with the Giants becoming World Champions for the first time in my life, historic election results, quantitative easing announcement and an upbeat jobs report. All of these had immediate impact and all will have even-more-significant, longer-term impact. But for now the co...
11/08/2010
Returning from a trip overseas this summer, the one real estate impression I had was: "Wow we have a lot of wasted space in homes in America!"  Take a look at the move toward small. Watch the full episode. See more Need To Know. WHAT YOU NEED TO KNOW ABOUT THE SMALL HOUSE MOVEMENT A movement is u...
11/04/2010
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Dave Woodland

Your Bend, OR Friendly, Knowledgable Mortgage Professional
local_phone(541) 318-0888
smartphone(541) 749-0006
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At least weekly, I write about what is happening that may affect interest rates and mortgage-backed securities for the coming days.