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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 testimonials (2)

Tuesday
12Jan2010

Joe Avila - Client

DateTuesday, January 12, 2010 at 4:55PM

I closed on my house yesterday with no problems or hitches.  I just wanted to thank you for helping me along the way.  I know that it's your job, but you do it in a way that personalizes it and I don't think I would have survived all my obstacles without your guidance and assistance.  Beyond your business expertise, you are a beautiful person in appearance and character.  I think you went far beyond what you had to do to help and work with me and I really do appreciate it.  It was as if you held my hand when it seemed the world was trying to keep me from getting this house.  I will recommend you to anyone I come across.  I will remember you and will always be grateful.

Joe Avila



AuthorPamela Crim | Comments Off |
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Tuesday
20Oct2009

Shannon Jernigan - Skye Brokerage

DateTuesday, October 20, 2009 at 8:57PM

I have known Pamela for more than 5 years.  I have never been disappointed in her results.  She is the most dedicated, conscientious person I have ever met.  She goes the extra mile for the client to get the loan closed in a timely manner.  I highly recommend Pamela Crim for all of your mortgage needs.  She keeps all parties informed of the ongoing progress.  You will never feel left out of the loop whether you are the seller or buyer.  If you want the job completed on time, I urge you to use Pamela Crim every time.

Shannon Jernigan

AuthorLonnie | Comments Off |
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