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 Wednesday, 4th August 2010 by chrisjones
Economic times are tough. There are layoffs and threatened branch closings, all sorts of unrest in the labor markets. The “recovery” hasn’t shown up at your door yet, and you’re considering going to work with your brother and opening that new office selling the supercool widgets he makes. It might be a great idea. Can [...]
Tags: lehi lender, Lehi mortgage, lending Utah, mortgage qualifying, self-employment
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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 Wednesday, 23rd June 2010 by chrisjones
Okay, so I was wrong. At least I wasn’t the only one. Last month I wrote about how the expiration of the $8000 and $6500 tax credits for new home buying wouldn’t have much impact on the housing market. Those expired, for the uninitiated, on April 30, and since then sales on new homes have [...]
Tags: $8000 tax credit, lehi lender, Lehi mortgage, utah mortgage
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