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Mortgage Market Update

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Market continues to be in somewhat of a holding pattern.  As you can see by the chart, we have been trading in a pretty narrow trading range for a while now.  Seems to be a lot of apprehension about the Fed MBS purchase program coming to an end next month. Their purchases have provided an artificial support and will be interesting to see how the market responds once gone. The government continues its selling of treasures this week as well. To the tune of 81 billion. This could put some added pressure on our rates with more supply to absorb. Stay tuned ...

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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Entries in goals (1)

Saturday
02Jan2010

The Perfect '10

The New Year is here and I hope you have big plans for 2010, the Perfect '10!  If you would like a bit of extra encouragement and boost to meet your goals, check out the newest thing in accountability partners and cheerleaders for your personal achievement.  www.smokinhotmamaclub.com

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Log on to the our new website today for encouragment, goal setting tips and resources.  May you have your Perfect '10!