Posted on Thursday, 23rd July 2009 by chrisjones
Market: We got hammered today because…well, because. We’re down 59bps at the moment, and you can thank us here at the Chris Jones Branch of City 1st that it isn’t worse. It was worse, but we fixed it. I will tell you how below. This translates to a rise in rates of .25% over the [...]
Tags: lehi lender, mortgage shopper, RateWatch, utah broker, utah mortgage broker, utah mortgage lender
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Posted on Thursday, 23rd July 2009 by chrisjones
Here’s another edition of Jimmy Rex’s Top Ten Deals of the Week: While I didn’t find quite as many deals this week as I would have liked to, a few of these deals are some of the best that I have seen all summer. Homes are selling and buyers are walking into unbelievable deals. Call [...]
Tags: Jimmy Rex, lehi lender, mortgage shopper, real estate, utah broker, utah mortgage lender
Posted in Blog & News, General | Comments (0)
Posted on Tuesday, 30th June 2009 by chrisjones
Markets: Mortgage-backed securities are down 9bps, which is nothing. We were down 44 at one point today, but we’ve crawled back on the shocking news that most people think the economy is crap. Rates are still drifting down slowly. We’re in the low 5% range on most everything as long as you have good credit. [...]
Tags: mortgage rates, RateWatch, utah broker, utah mortgage rates
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Posted on Thursday, 25th June 2009 by chrisjones
Market: So, yesterday we were watching the Fed, and as it turned out there was nothing to see. Bonds ended exactly flat at 0. Today we’re up 12bps and sitting on a multiple resistance line (Note: if this doesn’t make any sense to you, don’t worry. It’s not important in the cosmic sense. I just [...]
Tags: Fed, RateWatch, utah broker, utah mortgage, utah mortgage lender, utah mortgage rates
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Posted on Thursday, 14th May 2009 by chrisjones
You might have heard that the inches-thick book of mortgage regulations has now been increased to feet thick. We’ve inveghed in this space against these regulations as being not just a waste of time, but an expensive, harmful, and even destructive waste of time. But nobody that matters listens to us, so they just went [...]
Tags: fraud, UMLA, utah broker, utah mortgage
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