To Get The Best Foreclosures “Deals”, You Have To Know Where To Find Them
February 11, 2011
There’s good foreclosure buys out there, but because of falling REO, it’s getting harder to find them. The trick is to search the databases that the other buyers aren’t.
Mortgage Rate Predictions For The Next 7 Days (February 10, 2011)
February 10, 2011
Mortgage markets are made on Wall Street, Wall Street is made of people, and people carry cognitive bias. It’s one reason why mortgage rates aren’t likely to fall for quite some time.
Mortgage Rates Reach A Milestone; Rise For The 7th Straight Day
February 9, 2011
Mortgage rates are getting slaughtered this month; rising every day since January ended. It’s an historic losing streak for conventional mortgage rates.
The Newspapers Reported Wrong On FHA’s Mortgage Insurance Premium
February 7, 2011
To lower costs, newspaper editors are replacing beat writers with “article syndication”. Syndication can be a good strategy, but it requires care. The syndicated article highlighted here is 11 months — and 2 FHA guideline changes — behind-the-times. It’s patently incorrect.
Mortgage Rates Rise Sharply On January’s Jobs Report
February 4, 2011
Unemployment Rates are dropping and the economy is adding jobs. Mortgage rates will hit their highest levels of the year. It’s time to lock a mortgage rate.
Mortgage Rate Prediction For The Next 7 Days (February 3, 2011)
February 3, 2011
Every now and again — like what we’re seeing this week in Egypt — world-altering events unleash uncertainty into the global investor psyche. Uncertainty is equal to risk and mortgage bonds gain on the news. Rates are falling this week, but it won’t last.
All This Inflation Talk Does Wonders For The 5-Year ARM
February 2, 2011
The 5-year ARM is the cheapest it’s been in history relative to the 30-year fixed. Moving within 5 years, maybe? You’ll save lots of money, safely, with an ARM.
All This Inflation Talk Does Wonders For The 5-Year ARM
February 2, 2011
The 5-year ARM is the cheapest it’s been in history relative to the 30-year fixed. Moving within 5 years, maybe? You’ll save lots of money, safely, with an ARM.
For Conforming Mortgage Rates, The 10-Year Treasury Is A False Proxy
February 1, 2011
Over the long-term, the 10-year treasury tracks the mortgage market. But you’re not shopping for rates long-term — you’re shopping “right now”. It’s why the 10-year treasury is mostly irrelevant to rate shoppers.
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