As the discussion on the 4.5% mortgage rate goal continues to gain momentum, it looks like rates are starting to follow along. Keep in mind that the bond market is almost three times the size of the stock market. So timing an interest rate lock is a little like landing the new Boeing Dreamliner o
...
01/06/2009
In short, not me. How's that for a blanket (statement)? Certainly there are many considerations when analyzing our current economic/housing market status. But in a recent blog entry by fellow AR'er Linda Jandura, Linda called on the US Government to throw out a security blanket in order to return
...
01/05/2009
I received a number of requests for additional updates and I'm feelin' the love! Glad I'm catching your eye out there and providing some value to you and yours. Now that we're through the holidays I will resume my (almost) daily posts on mortgage rate movement. Last week we saw a bit of a climb i
...
01/05/2009
This post may not boost my peer popularity but it's great information for consumers, and I challenge those who are focused on their clients' best interests to forward this post to their prospective clients. What is the actual loan program you're quoting? I won't mention any names but we've all
...
12/31/2008
A contributor to MSN Money and I are not on the same, well, page. Here's the full article, it's written by Mark Gimein, The Big Money. Sadly, Mr. Gimein is not a member of ActiveRain; however, his comments have been posted here before, by AR's very own Jonathan Logan. You can read that post here.
...
12/23/2008
In an effort to close out my previous blog and transition to ActiveRain, I have been going through my previous entries and a few of these seem worth re-posting. I missed the boat a bit as far as when rates would be going up. But the inevitable has just been delayed so this is all still applicable
...
12/23/2008
In an effort to close out my previous blog and transition to ActiveRain, I have been going through my previous entries and a few of these seem worth re-posting. I'm surprised at how applicable my previous comments still are (if I do say so myself). Hope you enjoy! Originally Posted June 9, 2008.
...
12/23/2008
Today's one of those days where the mortgage market wakes up slowly, doesn't get right in the shower, leafs through the paper while sipping some decaf coffee, and slowly gets around to work. Not unlike many of us this morning after seeing the traffic reports and seeing all of the snow here in the
...
12/22/2008
Despite the stock market opening up, then closing down, with a bit of a squirrelly ride inbetween, mortgage rates just kind of hung out today -- sometimes reacting but otherwise oblivious to the financial market battle de jour. Of course, the bond market is 3 times larger than the stock market, s
...
12/19/2008
The market is cautiously improving today. If the stock market pushes lower, rates may go lower as well. Here's where we are so far: 4.75% Rate / 4.899% APR P&I payment: $2,175.27Loan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rates as of 9:07am on 12/18/08 and are subject
...
12/18/2008
