Matthew Rosov, Certified Mortgage Planning Specialist

Should I Float? Should I Lock? - Daily Update for Thursday, November 19, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

jobless Claims came in on target while the Philadelphia Fed Index came in sharply higher than otherwise expected. Though this would normally put the kibosh on bonds - the stock market is taking a major slide today which is helping bonds to remain at least par from yesterday.

Look for rates this morning to remain steady from where they closed Wednesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is coming down from overbought status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Wednesday, November 18, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Housing Starts and Building Permits both came in lower than expected. The bigger news of the day is the Consumer Price Index coming in just over expectations. Yesterday's Producer Price Index coming below expectations helped allay immediate fears of inflation.

Look for rates this morning to remain steady from where they closed Tuesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is coming down from overbought status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Friday, November 6, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Good News for bonds (Bad News for the economy). Though the average work week rose slightly as did hourly earnings - Payrolls dropped more than expected and Unemployment rose to 10.2%. All this is giving a very positive uplift to bonds.

Look for rates this morning to be drop from where they closed Thursday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Thursday, November 5, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

The Fed left the Federal Funds Rate where it was with promises of leaving it where it is for the foreseeable future. Jobless Claims dipped slightly while Productivity rose more than expected.

Look for rates this morning to be rise some from where they closed Wednesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

LOCK your best mortgage rate. I

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Monday, November 2, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Pending Home Sales came in lower than last month but significantly higher than expected. The Manufacturing Index also came in more robust than expected. Surprisingly, neither of these reports are causing the angst in the bond market as one would expect.

Look for rates this morning to be dip some from where they closed Friday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

LOCK your best mortgage rate. I

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit