Mortgage Rates May 11, 2009 – Weekly Forecast
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...
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...
