Monthly Archives: May 2014

My Thoughts for the Week of May 19, 2014

Not much on the economic calendar this week but what is there will draw a lot of attention. Both existing and new home sales for April, and the minutes from the last FOMC meeting (4/30) are the keys this week. … Continue reading

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My Thoughts for the Week of May 12, 2014

After almost three straight weeks of small interest rate improvements, the rate markets have hit the brakes and rates edged up a little over the last few days. Rates are still great, about the same as we started last week … Continue reading

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VA IRRRL Streamline Refinance

I just thought i would share some of the details of our VA IRRRL Streamline Refi for Veterans and Active Duty (Interest Rate Reduction Refinance Loan): 620 minimum fico score No appraisal required, AVM will satisfy No Asset Verification No Income … Continue reading

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My Thoughts for the Week of May 5, 2014

Great headlines for the April employment report last Friday, with +288k new jobs and a massive drop in the unemployment rate to 6.3%. Great news for the economy and bad news for interest rates, right? Not so fast. The +288k … Continue reading

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