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Mortgage Market Update

click for larger imageThe rate markets are under pressure again this morning. The recent spike in interest rates adds more confirmation to our forecasts that the lows in the interest rates markets are now in place and rates are unlikely to fall to new lows. The recent stampede to the safety of US treasuries became excessive; the run down in rates was mostly in treasuries but mortgage rates benefited as the outlook for the US economy hit new lows in July and August. A lot of concern the US economy would double dip and fall back into text book recession sent investors, both domestic and foreign, to the safety of bonds.  There just isn't much room left for improvement, but a lot of room for rate to go up.  I would Strongly advise capitalzing while you can.

Want to know more on how the Mortgage Market directly effects mortgage rates or need an explanation of the candlestick chart above? Send us an email and we'll gladly provide an in depth article.  Realtors, ask about a detailed presentation on the Mortgage Market at your next office meeting.

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Tuesday
Jul132010

Meet My Family . . . The Driving Force!

In this modern day world of high tech/ low touch business, we often never meet face to face.  I enjoy knowing who I’m working with and the story behind each individual client.  So, please meet my family and get to know us!  I’m proud to be a business woman, however I’m a family woman first.  To learn more about my family, please visit “The Real Me” link.

Now, how can I assist your family?  I truly look forward to getting to know you!

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