Lester has the Loan for you! Industry Update

Every day, we read blogs complaining about how our elected officials run our government; they run from mildly upset to bonkers. While some of the articles are entertaining, without a call to action the complaints have no affect except to vent a little of the writer's steam. Kind of like standing ...

Rate Lock Advice and Mortgage Market Update December 9, 2009, 11:40 PT RATE LOCK ADVISORY Lock Advice:  FLOAT With CautionMBS prices are down -3/32. Weaker than average demand for the 10-Yr bond auction hurt MBS markets. RATE NOTES:When MBS prices are up, Rates are down.Lock advice can change thr...

Very interesting.  Look out for this.WASHINGTON - Dec. 7, 2009 - With President Obama's signature on Nov. 6, 2009, the first-time homebuyer tax credit was extended, and some move-up buyers became eligible for up to $6,500 starting on Dec. 1, 2009. However, the new law changed the way a home sale ...

Rate Lock Advice and Mortgage Market Update December 1, 2009, 3:10 PT RATE LOCK ADVISORY Lock Advice:  LOCK MBS prices are currently down -21/32Rate change for worse may be a risk from early investors..  It has been a volatile day in MBS Land. RATE NOTES:When MBS prices are up, Rates are down.Loc...

ON-TimeTake Time Out for Planning Have you ever had days, weeks, or even months go by when you were frustrated in your work activities because you failed to implement the things that you know you need to do in order to be more successful? Perhaps you've taken pages and pages of great notes at se...

ON-TimeTake Time Out for Planning Have you ever had days, weeks, or even months go by when you were frustrated in your work activities because you failed to implement the things that you know you need to do in order to be more successful? Perhaps you've taken pages and pages of great notes at se...