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.



The Bond markets took a bath in the past week moving home mortgage rate-influential Mortgage Backed Securities and commercial rate influential 10-year treasury securities close to a quarter point. The theories vary on reasons for the sell off, but the best answer appears to be that speculators ha...
Great explanation from Kryste below on the free money program available in Bend and Redmond, OR enabling down payment money that may not otherwise be available. This is similar to the Down Payment Assistance programs behind FHA loans that ended 2 years ago.  This one (NSP) is allowed today as a s...
It was a jam packed week with the Giants becoming World Champions for the first time in my life, historic election results, quantitative easing announcement and an upbeat jobs report. All of these had immediate impact and all will have even-more-significant, longer-term impact. But for now the co...
Returning from a trip overseas this summer, the one real estate impression I had was: "Wow we have a lot of wasted space in homes in America!"  Take a look at the move toward small. Watch the full episode. See more Need To Know. WHAT YOU NEED TO KNOW ABOUT THE SMALL HOUSE MOVEMENT A movement is u...
You don't have to be a political junkie to have found the historic election events very interesting.  Major changes are happening and I wanted to share some things to watch for in the aftermath of Tuesday's election. It is timely, clear and insightful.  Here are some quick bullets: The names they...
Wednesday the Fed announced that rates will be kept at the 0-0.25% target rate (no surprise) and that theywill be buying longer-term Treasury securities at a pace of about $75 B per month through June 2011 (also no surprise.)  True to form, yields on 10-year treasuries stepped down again today be...
A big week for the economy is off to the races this morning and interestingly, the Mid-term Elections on Tuesday are NOT the biggest story. We’ll get to those stories in a moment, but first let’s take a look at today’s rates. We are still right at historic lows in residential mortgage rates. Duri...

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.