Posted on Wednesday, 14th October 2009 by chrisjones

Markets: We’re down 12bps (.12%) on the day on the FNMA 4.5% bond, which is the benchmark for interest rates at the moment.  That’s down about 100bps (1%) from its high of last Thursday.  It is, however, a good bit higher than it was earlier today, so we’re seeing a sort of rally into the [...]

Tags: CPI, economy, inflation, Lehi mortgage, RateWatch
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Posted on Wednesday, 15th October 2008 by amyjoyates

Rate Watch by Chris Jones is broadcasted Monday through Friday via email. You can expect to read information on current rates and commentary by Chris Jones, Resident Magician and industry tracker. on what is happening in the industry and how it may affect you. It is a quick, easy, and accurate way to learn what [...]

Tags: economy, market news, market watch, mortgage rates, real estate, stock market
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Posted on Saturday, 27th September 2008 by amyjoyates

Banks come, and banks go. The financial system appears to be in crisis, but that crisis is caused more by people losing their heads than by real danger to you and me. Stick together, people. Be good and even generous to one another. We’ll get through this thing all right, but we’ve got to stick [...]

Tags: economy, mortgage industry
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