Posted on Monday, 15th June 2009 by chrisjones

Market: Apparently the world bond markets like it when I go out of town, because we got a sharp rally Thursday, followed it with a solid day Friday, and we’re up another 70 bps this morning.  For those just joining us, that means rates are falling.  We’ve not reached the levels we were at two [...]

Tags: RateWatch, utah mortgage broker, utah mortgage rates, Zillow
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Posted on Wednesday, 10th June 2009 by chrisjones

Market: Still a drift downwards, but that drift has abated some and there appears not to be any strong force pushing bonds lower. The S&P continues to be unable to break through the 944 level, and there is bad economic news on the way, according to many sources. Add Fed buying to the mix, and [...]

Tags: RateWatch, utah mortgage, utah mortgage rates
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Posted on Friday, 5th June 2009 by chrisjones

Market: Employment figures came in significantly less awful than was expected, and now everyone is sure that a recovery is underway.  If so, this will be the most tepid recovery in the history of mankind, a recovery that in any other time would be called “a depression”, but nonetheless lenders are marking their rates higher [...]

Tags: Lehi Utah, RateWatch, utah mortgage, utah mortgage broker, utah mortgage lender, utah mortgage rates
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Posted on Tuesday, 2nd June 2009 by chrisjones

Markets: Yesterday, a 150-point drop.  Today, a 40-point drop already.  That roughly translates to a rise in rates of .375% to .5% over the last day and a half. Analysis: China had good manufacturing data, which, let me emphasize, they make up, for three months in a row, and that has signaled the world markets [...]

Tags: China, RateWatch, utah mortgage, utah mortgage broker, utah mortgage rates
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Posted on Friday, 29th May 2009 by chrisjones

From Jimmy Rex, Realtor Extraordinaire: These are all bank approved prices of foreclosures, no waiting to see if the bank accepts the offer!!!  All are in average to above average condition as well and all were built in the past 5 years! 10 best buys- May 27 2009 1. North east Lehi 1600 sq ft, [...]

Tags: Jimmy Rex, Jimmy's Top Ten, utah mortgage, utah mortgage broker, utah mortgage rates
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