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Archive for the 'Mortgage News' Category

Here are the daily thoughts on floating or locking your Delaware Mortgage Rate. 
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Little economic news on tap for today.  Big news yesterday in China raising the price of fuel for its citizens.  This helped bring […]

Here are the daily thoughts on floating or locking you Delaware Mortgage Loan Interest Rate. 
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Stocks are trading lower because of a bad earnings report from FedEx and Morgan Stantley.  This is more news supporting that […]

Here are the daily thoughts on floating or locking you Delaware Mortgage Loan Interest Rate. 
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Building Permits and Housing Starts came in almost exactly where they were predicted to be.  Producer Price Index (PPI) came in […]

Delaware Mortgage Rates came out lower today because of the news yesterday plus the anticipation of the release of the jobless claims.  The 5.5% coupon fell 13/32nds this morning bringing us to 100-04.
The reasons for this are not entirely straightforward.  Jobless claims released today were 365k.  This was better than the expected 370k, but still […]

As discussed yesterday, each time the price curve on the 5.5% coupon approaches 101-00, we begin to encounter resistance, and it will likely take an incontrovertibly grim economic outlook to create sufficient demand to push us higher.  A 200 point drop in the Dow would be enough, but only if the index itself were much […]

Here are the daily thoughts on floating or locking your Delaware Mortgage Loan Interest Rate. 
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
The Producer Price Index (PPI) - the cost of supplies to produce consumer goods - came in below expectations.  Though stripping […]

Mortgage bond prices remained near unchanged last week holding Delaware Mortgage interest rates steady. Trade continued to be extremely volatile with discount points rising and falling by as much as 1/2 on a near daily basis. Once again, gyrating oil prices caused much of the volatility. The price of a barrel moved as much as […]

Here are the daily thoughts on locking or floating your Delaware Mortgage Rate for May, 15, 2008.
Here’s the News That’s Moving Markets Today:
1. Empire State MFG Survey
    This report was much higher than expected last month, and we had hoped that would be an outlier as opposed to a sign of economic recovery.  Today we […]

Here are the daily thoughts on floating or locking your Delaware Mortgage Rate for May 14, 2008. 
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Consumer Prices came in below target expectations today.  Both the regular and the core were lower than expected.  This […]

Here are the daily thoughts on floating or locking  your Delaware Mortgage Rate.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Retail sales came in exactly on target.  Unfortunately, sales minus the ever fluctuating auto industry came in better than expected.  This will give […]

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