ARCHIVED BLOG POSTS
2010
Rate Lock Advice & Mortgage Market Update January 07, 2010, 3:25 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices Closed down -8/32 which resulted in unfavorable repricing this afternoon. Jobless Claims came in lower than expected. No more economic data will be released today. RATE NOTES:Whe...
01/07/2010
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Comments
Rate Lock Advice & Mortgage Market Update January 07, 2010, 10:25 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices are down -4/32. Unfavorable repricing is a risk from some investors. Jobless Claims came in lower than expected. No more economic data will be released today. RATE NOTES:When MBS ...
01/07/2010
As reported in Realty Times, www.realtytimes.com/rtpages/20100104_washingtonreport.htm, the administration has made it's strategy for how real estate needs to be addressed IMMEDIATELY. Specifically, the administration announced: The Treasury department said it is now committed to support Fannie ...
01/07/2010
Rate Lock Advice & Mortgage Market Update January 06, 2010, 2:00 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices closed down -8/32 and unfavorable repricing took place. Today's ISM Services report came in below the consensus forecast, but expectations for stronger economic growth hurt MBS mar...
01/06/2010
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Rate Lock Advice & Mortgage Market Update January 06, 2010, 8:30 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices are down -10/32. Unfavorable repricing is a risk from most investors. Rising expectations for Friday's Employment report are hurting MBS markets. RATE NOTES:When MBS prices are u...
01/06/2010
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Rate Lock Advice & Mortgage Market Update January 05, 2010, 11.30 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +13/32 with possibility of midday price improvement. Factory orders were much higher than expected and Home Sales declined 16% much more than expected giving a boost to M...
01/05/2010
Rate Lock Advice & Mortgage Market Update January 04, 2010, 1:50 PT RATE LOCK ADVISORY Lock Advice: FLOATMost indicators indicate higher rates in 2010This moringing MBS prices are up +9/32. Despite stronger than expected manufacturing data and further gains in the stock market, MBS prices have ...
01/04/2010
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Rate Lock Advice & Mortgage Market Update January 04, 2010, 11:10 PT RATE LOCK ADVISORY Lock Advice: FLOATMost indicators indicate higher rates in 2010This moringing MBS prices are up +4/32. Despite stronger than expected manufacturing data and further gains in the stock market, MBS prices hav...
01/04/2010