Monthly Archives: March 2014

My Thoughts for the Week of March 31, 2014

Today we wrap up the first quarter on 2014 and interest rates are slightly better than when we started off the year. There was a lot of fear in the bond/interest rate area 4 months ago when the Fed began … Continue reading

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My Thoughts for the Week of March 17, 2014

The US 10 Yr Treasury bond is kind of the Vegas odds indicator for world events. As uncertainty and fear over Crimea/Russia grew again last week money moved into Treasury bonds with the yield dropping from 2.80% to 2.64% and … Continue reading

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My Thoughts for the Week of March 10, 2014

Two things caused rates to increase slightly last week; easing tensions in the Ukraine and better than expected Jobs reports for February. At the beginning of last week I recommended my clients to lock their rates. This captured some of … Continue reading

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LOCK Alert!

Yesterday I mentioned how the civil unrest in the Ukraine has caused mortgage rates to improve, and that most of that improvement has probably already been priced in. Well, late last night we found out that Putin began pulling his … Continue reading

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My Thoughts for the Week of March 3, 2014

Proof that world conflicts can affect mortgage rates are once again in play. Turmoil in the Ukraine and Russian involvement has spooked traders throughout the world and this sends money into safe investments, like US Treasury bonds.  When demand for … Continue reading

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