Should I Float? Should I Lock? - Daily Update for Thursday, September 17, 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 slightly lower than expected. Building Permits were down though Housing Starts slightly up. The Philadelphia Fed Index came in quite a bit higher than expected - signifying a good chance the economy is coming out the recession.
Look for rates to remain steady this morning when rate sheets are released by Amerisave Mortgage Corporation.
Technically speaking - the FNMA 4.5% 30 year bond has bounced off a support level and attempting a rise back below to the 200 day moving average. The bond is coming down from overbought status.
I am recommending to
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, September 16, 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.
Although Consumer Price Index came in slightly elevated, the core CPI came in right on target. (The core strips away volatile reading such as auto and energy - remember the cash for clunkers program caused an spike in auto sales.) Utilization rose while Production came in level (hmmm).
Look for rates have dropped a bit this morning when rate sheets are released by Amerisave Mortgage Corporation.
Technically speaking - the FNMA 4.5% 30 year bond fallen back below the 200 day moving average. The bond is coming down from overbought status.
I am recommending to
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 Tuesday, September 15, 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.
Wow! A major uptick in Retail Sales, the Producer Price Index and the Empire Index. All of these in their various forms came in both higher than expected and higher than last months numbers. All of this relates to a good outlook for the stock market but also a pop in interest rates today.
Look for rates to go up this morning when rate sheets are released by Amerisave Mortgage Corporation.
Technically speaking - the FNMA 4.5% 30 year bond fallen back below the 200 day moving average. The bond is coming down from overbought status.
I am recommending to
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, September 10, 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.
Consumer Sentiment came in better than expected today. Because the stock market is holding steady, the bond is rising nicely (interest rates falling).
Look for rates to improve a bit this morning when rate sheets are released by Amerisave Mortgage Corporation.
Technically speaking - the FNMA 4.5% 30 year bond is holding nicely above the 200 day moving average. The bond is high in th overbought status.
I am recommending to
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, September 10, 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.
Weekly Jobless Claims came in lower than expected. The US trade imbalance rose $5 Billion more than expected. Yesterday, the Treasury Auction came in quite nicely resulting in support of the bond at the 200 day moving average.
Look for rates to improve a bit this morning when rate sheets are released by Amerisave Mortgage Corporation.
Technically speaking - the FNMA 4.5% 30 year bond is holding above the 200 day moving average. The bond is high in th overbought status.
I am recommending to
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
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Check out our website - www.matthewrosov.com/amerisave for your own $500 rate/fee guarantee & $1000 on time close guarantee!
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