Dave's Blog

Mortgage and Lending - Signet Mortgage
Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.



Wow, I wouldn't want to have been a trader on the floor of the exchange Thursday, with an unprecedented sell off and recovery in a matter of minutes.  Complete with rumors of someone erroneously entering an order with "billion" instead of "million" listed (rumor seems to have been squashed but it...
As always Spencer provides great real estate information. I look at this in two pieces: 1) Do I (or the borrower involved) have all of the information?  What are the consequences (including the unintended consequences) of terminating the contract early?  If the consequences are fully understood, ...
Mortgage-Backed Securities (MBS) made a steady improvement this past week now riding clearly above the territory last held when the Fed was still buying MBS in the open market (through March 31).  The banks held onto a part of this gain (believing the strength in MBS to be temporary) but some ben...

Dave Woodland

Your Bend, OR Friendly, Knowledgable Mortgage Professional
local_phone(541) 318-0888
smartphone(541) 749-0006
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At least weekly, I write about what is happening that may affect interest rates and mortgage-backed securities for the coming days.