Monthly Archives: June 2013

White House Petition to Extend Eligibility Dates for HARP and FHA Refinancing

Please help by signing the online petition at petitions.whitehouse.gov to help more people qualify for HARP and FHA refinances. Lots of signatures are still needed so join the petition! This petition would change the qualifying date from May 31, 2009 … Continue reading

Posted in Mortgage News | Tagged , , , , , , , , | Leave a comment

My Thoughts for the Week of June 24, 2013

Last week was nothing less than tragic for mortgage rates, as was anticipated if Bernanke could not calm the markets. In fact, instead of calming the markets as i thought he would, he came flat out and said QE3 will … Continue reading

Posted in Weekly Update | Tagged , , , , , , | Leave a comment

My Thoughts for the Week of June 17, 2013

The increase in rates over the last month has been a result of concerns that the Fed is about to begin its taper out of Bond and MBS purchasing, sparked by the greater than expected April employment report. After the … Continue reading

Posted in Weekly Update | Tagged , , , , , , | Leave a comment

My Thoughts for the Week of June 10, 2013

Last week everyone braced for the most anticipated and important jobs report in years, and the jobs numbers were right smack in the middle and unable to help answer our country’s economic direction. Markets are still concerned about when the … Continue reading

Posted in Weekly Update | Tagged , , , , , | Leave a comment

My Thoughts for the Week of June 3, 2013

This week is going to be important for the short term direction of interest rates. The bond markets are in a teenage stage of confusion right now and not sure about which way to go. All things considered, the bond … Continue reading

Posted in Weekly Update | Tagged , , , | Leave a comment