Ron Brown's Blog

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Industry Observer - NMLS ID: 40831
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RECENT BLOG POSTS
It has been quite some time since I put out any new blogs using this site.  Thankfully, that is because I have been busier than ever with providing loans for both buyers and refinances.  During this time (basically, the last couple of months) there has been an awful lot of talk, speculation, rumo...
09/25/2009
It has been quite some time since I put out any new blogs using this site.  Thankfully, that is because I have been busier than ever with providing loans for both buyers and refinances.  During this time (basically, the last couple of months) there has been an awful lot of talk, speculation, rumo...
06/25/2009
I wanted to share some things that we all generally grumble about in a way that reflects more appropriately to the spirit of the season.  I typically send something like this out every year to the many people I've had the pleasure of working with.  Perhaps more importantly, I send this out as a w...
11/24/2008
US Stocks are struggling to get back to even for the day, after initially giving up more than half of yesterday's gain.  Mortgage Bonds are better than yesterday, but not enough to see any meaningful rate improvement.   Stocks took their cue from today's Retail Sales report that showed a 2.8% dec...
11/14/2008
US Stocks began the day on the upside following the trend from overseas markets, but quickly fell into the red.  Mortgage Bonds held early gains longer, but also turned negative before their early closing.   Stocks took their cue from overseas markets early on as the Dow jumped out to a 200 point...
11/10/2008
US Stocks are trading in a fairly narrow range, given the recent history of wild swings, and the Dow is trying to find a way to post a positive in the face of a dismal reading from the ISM Index.  Mortgage Bonds are up slightly as they continue to trade sideways.   Stocks are taking the news of t...
11/03/2008
US Stocks are back to the "normal" volatility roller coaster, and the Dow has been up more than 200, down more than 200, and is now mounting a late day rally back to positive.  Mortgage Bonds have traded to the negative today, but are still priced above the important 200 day average.   Stocks wen...
10/23/2008
US Stocks are down today with the Dow of by as much as 5% as investors deal with poor earnings, and fears of global recession .  Mortgage Bonds are holding on to slight gains as they push against technical pricing resistance.   The Dow is back down to the 8,600 range as investors look to sell in ...
10/22/2008
After a day of only positive numbers, US Stocks are back to the roller coaster we have come to expect with the Dow down by over 200 points, as well as being in positive territory throughout the day.  Mortgage Bonds have not been nearly as volatile, and have traded within a plus or minus 10bp rang...
10/21/2008
US Stocks are on a strong rally, responding well to the prospect of another government stimulus package.  Mortgage Bonds are also much better, as they push to finish above their 200 day average.   Stocks continued their winning ways to start the week, as the Dow is enjoying the first day in a lon...
10/20/2008
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Ron Brown NMLS #270845

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The views, and opinions expressed here represent the personal views, and opinions of Ron Brown. They are not necessarily the views of First Mortgage Company, and should not be construed as being so. They are for informative purposes only, and any persons reading them are encouraged to research there current relevance, and timeliness before taking any action.