Posted on Thursday, 5th August 2010 by chrisjones
Welcome to RateWatch for Thursday, August 05, 2010. Here’s what’s happening: Employment again is the news of the day, with new claims up another 20,000 or so to 479,000. Continuing claims were down, though, to 453,700. That was not as far down as the markets were expecting, however, and that’s meant that bonds have stayed [...]
Tags: FHA loan, Lehi mortgage, lending Utah, mortgage Utah, RateWatch
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Posted on Thursday, 29th July 2010 by chrisjones
Welcome to RateWatch for Thursday July 29, I’m your host, Chris Jones, and here’s what’s happening: Today’s market: The benchmark bond is up 12bps today. We’re trading in a very narrow channel. Economic news today was all about employment, as in, there isn’t much of it. Unemployment benefits have been extended, so continuing claims were [...]
Tags: lehi lender, Lehi mortgage, lending Utah, RateWatch, utah mortgage
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Posted on Thursday, 22nd July 2010 by chrisjones
Welcome to RateWatch for Thursday July 22, and here’s what’s happening: Today’s market: The benchmark bond is down 15bps today. We’re trading in a narrow channel. It’s a huge day for economic news, with jobless claims coming out worse than expected – at least, worse than the experts expected – and existing home sales numbers [...]
Tags: lehi lender, Lehi mortgage, mortgage lehi, mortgage Utah, RateWatch
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Posted on Tuesday, 20th July 2010 by chrisjones
So I made RateWatch a videocast. Approximate text is below. But I beg you – send me an email (chris@lehilender.com) or make a comment and let me know what you think. Good idea? Good idea but bad execution? You don’t have to be gentle. Let’s get to it. MARKET: the market is down a bit [...]
Tags: lehi lender, mortgage lehi, mortgage rates, mortgage Utah, RateWatch
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Posted on Wednesday, 5th May 2010 by chrisjones
Markets: Bonds are up again today, up about 18bps (which is .18), and that puts us right on the lows of the year. Rates have not responded quite as exuberantly, but we’re touching 5% again. Even lower on some programs. Analysis: Rates are sticky down, meaning that they stick on the way lower and don’t [...]
Tags: RateWatch, Told you so
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