ARCHIVED BLOG POSTS
2010
5
Comments
Valerie Osterhoudt posted this warning on her blog but made it "Members Only" so I was unable to reblog it, shame on you Valerie. Yes, I know this is plagiarism but Valarie's warning is to important not to pass on so I copied and pasted it to my blog. I know plagiarism places me in jeopardy of...
01/15/2010
4
Comments
Rate Lock Advice & Mortgage Market Update January 14, 2010, 5:00 PT RATE LOCK ADVISORY Lock Advice: FLOAT with CautionMBS prices closed up +6/32. MBS prices reached a high of +11/32 after today's weaker than expected economic data launched an early rally, which didn't last long RATE NOTES:When ...
01/14/2010
3
Comments
Rate Lock Advice & Mortgage Market Update January 13, 2010, 2:00 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices are down -10/32. The Fed's Beige Book reported "broader" improvement in economic activity. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day ...
01/13/2010
3
Comments
Rate Lock Advice & Mortgage Market Update January 13, 2010, 9:30 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices are down -6/32. The Beige Book will be released at 2:00 ET which is seen as an indicator as to how the Fed might act in its upcoming meeting. . RATE NOTES:When MBS prices are up, R...
01/13/2010
Rate Lock Advice & Mortgage Market Update January 12, 2010, 3:30 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +18/32 on strong demand for the 3-Year Bond auction and the larger than expected Trade Deficit. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes through...
01/12/2010
4
Comments
Rate Lock Advice & Mortgage Market Update January 12, 2010, 11:10 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +18/32 on strong demand for the 3-Year Bond auction and the larger than expected Trade Deficit. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throug...
01/12/2010
1
Comments
Rate Lock Advice & Mortgage Market Update January 11, 2010, 1:15 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +5/32.No economic data was released today. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day . Good economic news = Bad Rate News. N...
01/11/2010
7
Comments
Rate Lock Advice & Mortgage Market Update January 11, 2010, 7:20 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +9/32, favorable repricing is possible from early investors. No economic data will be released today. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes t...
01/11/2010
Rate Lock Advice & Mortgage Market Update January 08, 2010, 2:15 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices down to 4/32 after they shot to up 12/32 after the Non Farm Employment report showed a loss of -85K jobs, compared to the expected -5k. Unemployment remains at 10.0% RATE NOTES:Wh...
01/08/2010
1
Comments
Rate Lock Advice & Mortgage Market Update January 08, 2010, 8:30 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices down to 4/32 after they shot to up 12/32 after the Non Farm Employment report showed a loss of -85K jobs, compared to the expected -5k. Unemployment remains at 10.0% Look for unfav...
01/08/2010
Rainmaker
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Bill Ladewig
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