Mortgage Rates May 4, 2009 – Weekly Forecast
Mortgage Rates improved Monday, regaining the majority of the losses posted Friday. If you are curious as to May 2009 Mortgage Rate Forecast visit the post. In short, rates will stay within the current range 4.5% – 4.875%. Early in the week, there’s not much data to sway markets, nor is there...B of A rebranding Countrywide = Lipstick on a Pig
Posted by yourmortgageplanner on May 2, 2009 in Financial Awareness, One Step Ahead, Say What? | 1 comment
They might be rebranding there name, although I am sure all the inexperienced and shady Loan officers from Country Wide will still be working their loans!
This is the TRUE meaning of Lipstick on a Pig! It is sad how BIG Marketing dollars can convince millions that you have a great Knowledgeable...
Mortgage Rate Watch May 2009 – May 2009 Mortgage Forecast (Chart)
Posted by yourmortgageplanner on Apr 30, 2009 in Featured Articles, FHA, FTHB, Mortgage Rates, Say What? | 0 comments
It’s already May, and time for another Mortgage Rate Watch May 2009 – May 2009 Mortgage Forecast
Loans closed in May will have first payment dates of July 2009.
If April was a harbinger of things to come for May, Homeowners and Homebuyers will be the proud recipients of stable LOW Historic Mortgage...
Mortgage Rates April 29, 2009 – FED Minutes (Video)
Posted by yourmortgageplanner on Apr 29, 2009 in Featured Articles, Financial Awareness, Mortgage Rates | 0 comments
The Federal Reserve adjourned from its two-day meeting this afternoon. It’s one of 8 scheduled meetings each year for the Federal Open Market Committee.
Although the FED announced to keep the FED Funds target unchanged, MBS gave up ground with the 30 YR FNMA 4.0% pulling back 22bp. Mortgage Rates...
Mortgage Rates April 27, 2009 – Weekly Forecast
Posted by yourmortgageplanner on Apr 27, 2009 in Featured Articles, FHA, Mortgage Rates, Say What? | 0 comments
Monday April 27, 2009 was a great way to start the week, as the FNMA 30 YR 4.0% MBS posted a healthy 18bp improvement today. If the past 4 weeks dictate the future, mortgage rates will start and end the week essentially unchanged.
For active home buyers who have yet to find the “right home”,...
