New Home Sales Figures Show Unexpected Improvement

The national housing market got its third piece of good news in 3 days: Monday: Existing Home Sales up Tuesday: Home values appear higher nationally Wednesday: New Home Sales up And although national real estate statistics are irrelevant to the local markets in which real estate transactions happen, to a...

Mortgage Rates March 26, 2009 – Commanding Heights “Please Read”

Mortgage Rates and MBS show impressive gain after late day DOW rally and Ominous Uber Regulator static. Geithner Testifies Before House Committee and gives hint of over regulation. We went too far now the GOV must do the same.  Odd way of self correcting the former FREE Market.  Time to re-read Commanding...

Mortgage Rates March 24, 2009 – “Because it’s a Poorly Posed Question”

Mortgage Rates remained unchanged today, even after a mid afternoon pullback in the FNMA 30 YR 4.5% which saw the MBS touch a low of 101.5625. REAL TIME MORTGAGE RATES! Today we saw the AIG Hearing commence with the House Financial Services Committee question Fed Chairman Bernanke, Treasury Secretary...

Am I Eligible For Making Home Affordable Government Plan

When the White House first introduced the Making Home Affordable program in February, it was positioned as a mortgage program with two goals: To help financially-needy homeowners get mortgage relief To help homeowners who’ve lose equity qualify for today’s low rates Wednesday, in a...

Mortgage Rates March 2, 2009

Mortgage Rates started the week in a positive manner improving as MBS posted a 31pb gain.  See Monday March 2, 2009 Mortgage Rates.  The DOW on the other hand started the month like a lamb, to date the DOW is down 22.9% . Wednesday, the White House is expected to release the details of the Homeowner...

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