Foreclosures Still Concentrated In Just A Few States
Posted by yourmortgageplanner on Jul 18, 2009 in Credit Crisis TARP, Financial Awareness | 0 comments
Image by Getty Images via Daylife
For the fourth consecutive month, the country’s foreclosure activity was dominated by a small number of states.
As reported by RealtyTrac.com, more than 50 percent of the country’s foreclosure-related actions in June concentrated in just 3...
Mortgage Rates Week Review May 4 – 8, 2009 (Chart)
Posted by yourmortgageplanner on May 9, 2009 in Featured Articles, FHA, FTHB, Mortgage Rates | 0 comments
The first week of May is officially over, and Mortgage backed securities once again sold off at the end of the week giving up a total of 30bp this week (FNMA 30 YR 4% Chart). The selloff pushed Mortgage Rates higher for the first week of May. May 2009 Mortgage Rates.
This week we saw the economy shed...
Mortgage Rates April 16, 2009 – Ready Set Foreclose
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...Mortgage Planning Confidential Strategy Session
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...Mortgage Rates April 2, 2009 – Mark To Market
Posted by yourmortgageplanner on Apr 3, 2009 in Financial Awareness, FTHB, Mortgage Rates, Random/Old BlOgS | 0 comments
Today FASB announced its decision in favor of relaxing standards on mark-to-market accounting rules. As discussed in yesterdays post it was speculated that the equity markets would favor relaxed standards and the bond market may not. This speculation came to fruition as we saw the DOW post a gain of...
