Posted on Friday, 14th August 2009 by chrisjones
Market: following last week’s meltdown, we were due for move movement higher in the bond market, and we’ve been getting it all this week. Today we’re up a modest 25bps, but that follows three out of four days of decent gains. We’re not back to two weeks ago, but we’re not far off it. Still [...]
Tags: lehi lender, RateWatch, utah mortgages
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Posted on Thursday, 6th August 2009 by chrisjones
Market: We’re down another 9bps today, over 100 from Monday’s open. Today, if things hold, we’ll see four straight days of red candles on the chart. As previously mentioned, there has not been a five-red streak on the bond market for more than three years. Records are made to be broken, but… Analysis: Economic news [...]
Tags: lehi lender, mortgage shopper, RateWatch, utah mortgage lender, utah mortgages
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Posted on Thursday, 6th August 2009 by chrisjones
So real unemployment is probably at 20%. You want a fast check on this? Think of 10 people you know well. Are two of them either not working or working at a part-time job (or not working very much as a self-employed person)? See? Yes, I do know that the plural of “anecdote” is not [...]
Tags: community, GPP, Gross Personal Product, lehi lender, musical chairs, recession, utah mortgages
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Posted on Friday, 17th July 2009 by chrisjones
I only address this topic because I can’t find a lot of good commentary out there about this specific subject. I’m also no great expert; my experience with social media is pretty small compared to the Great Lords of Twitter and the Ancient Kings of Facebook. I confess this. On the other hand, since according [...]
Tags: facebook, lehi lender, Provo Daily Herald, Twitter, utah mortgage broker, utah mortgage lender, utah mortgages, Zillow
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Posted on Monday, 11th May 2009 by chrisjones
Market: As noted last week, rates have been drifting higher, but today has seen a reversal in the bond market and I would expect that we would get some of last week back. We’re up about 35 bps, which is geekspeak for “about half of an eighth of a point” when lenders get around to [...]
Tags: lehi mortgages, Twitter, US News, utah broker, utah mortgage rates, utah mortgages
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