Posted on Wednesday, 3rd March 2010 by chrisjones
Markets: Flat. No change. Rates hover at 5% and a bit below. 15-year loans are at 4.25% and thereabouts, 5/1 ARMS are 4% or a shade lower.
Analysis: A piac nem tud melyik iranyba menni, ugyhogy semmisem tortenik. If I write the same thing I’ve been writing for the past month, it gets old, even for [...]
Tags: lehi lender, Lehi mortgage, RateWatch
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Posted on Wednesday, 17th February 2010 by chrisjones
Markets: We’re off 12bps, which is a bit less than what we gained yesterday. Rates hang out right at 5% (fractionally more on some programs, fractionally less on others). SOmething interesting to note: the 15-year loans are operating at their biggest spread in a decade - the 15 year fixed loan is currently selling at [...]
Tags: lehi lender, Lehi mortgage, RateWatch
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Posted on Wednesday, 10th February 2010 by chrisjones
Markets: We’re down 12 bps (to explain again, this means that the 4.5% FNMA mortgage-backed bond is down .12 points (whoops, just ticked down to .06, so we’re moving in the right direction)). As that bond moves, so move interest rates, in the opposite direction. As the bond moves up, rates move down. As the [...]
Tags: lehi lender, lehi mortgages, RateWatch
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Posted on Wednesday, 3rd February 2010 by chrisjones
Markets: Blah blah up just a little blah FED blah blah blah GDP growth blah unemployment numbers blah blah blah. It’s Groundhog Day (again. What, it’s not Feb 2 where you are?). Of COURSE the markets are doing the same thing day after day.
Analysis: Nobody believes the economic reports. Government data is having essentially no [...]
Tags: lehi lender, lehi mortgages, RateWatch
Posted in Blog & News, General, Rate Watch | Comments (0)
Posted on Friday, 29th January 2010 by chrisjones
Markets: We’re trading in a very narrow channel this week, and no news is good enough or bad enough to get us out of it. Our benchmark 4.5% FNMA 30-year bond is off 3bps, meaning it’s flat for all intents and purposes, exactly as it has been for the past week. We successfully weathered another [...]
Tags: lehi lender, Lehi mortgage, RateWatch, utah mortgage
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