Clip of former FED Chairman Allen Greenspan supporting his FED Cuts, from David Faber’s documentary House of...
Mortgage Rates increased April 17, for a second day as MBS posted another day of losses. Week over week rates are posted a 10bp improvement. Although there was 3bp improvement lenders sill took advantage of the decline in MBS and increased Mortgage Rates.
Overall rates remain low for the time being,...
Simple!
Refinance Your Mortgage for Rate and Payment Reductions
Homeowners refinance for different reasons, but the process of refinancing a mortgage should result in some benefit to the homeowner. A borrower may choose to refinance to obtain a lower interest rate and a lower monthly payment, or change the...
Mortgage Rates increased today as the FNMA 30 YR MBS 4% gave up roughly 9bp. This down tick in the MBS can be attributed to the late day mini rally in the equities market as JP Morgan Chase beats estimates as it releases earnings.
Both Building Permits and Housing Starts were released today. Building...
Most people don’t have a strategic plan for Refinancing, buying or selling a home If they had one they would probably save:
• Thousands of Dollars,
• Many hours of their time, and
• Most of the stress associated with buying/selling a home
That’s why I offer the Strategy...