Tag Archives: Technical Charts

My Thoughts for the Week of Sept 15, 2014

It’s been a busy summer for my office in both purchases and refinances as rates improved to 12 month lows. The industry has been expecting rates to move higher as the Fed eased their bond purchasing program, but International conflicts … Continue reading

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

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

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

My Thoughts for the Week of February 24, 2014

We had a pretty uneventful last week with mortgage bonds and rates moving sideways in a fairly tight trading range. Not much scheduled for today but we have the potential for an interesting week ahead of us with some big … Continue reading

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

My Thoughts for the Week of Sept 16, 2013

You may have heard over the weekend that Larry Summers withdrew himself from consideration to be the next Chairman of the Fed when Bernanke steps down in a few months. This pretty much means that Janet Yellen will be the … Continue reading

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

My Thoughts for the Week of Aug 12, 2013

Last week was pretty uneventful, as expected. Bonds ended the week unchanged from the previous Friday. Even though the bond  markets were unchanged interest rates are slightly better than they were last Monday, we’ll take that. We had a mixed … Continue reading

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

My Thoughts for the Week of July 15, 2013

Last week saw mortgage rates improve an average of .125 to .250 percent from the previous week. While each day continues to contain volatility, we enjoyed rate improvements 4 out of 5 days with the largest gains coming on Monday … Continue reading

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

My Thoughts for the Week of July 8, 2013

If you were lucky enough to get the 5th off, welcome back from the long weekend. A lot can happen in such a short amount of time. Last Friday, with skeleton crews running the trading desks, we saw the release of … 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 May 20, 2013

Last week was another wild ride in the bond/mortgage markets with big swings in both directions. What the markets gaveth on Thursday, they tooketh away on Friday. Rates are starting this week about a quarter point less in lender credit … Continue reading

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

My Thoughts for the Week of May 13, 2013

We had another rough day in the bond and Mortgage interest rate markets last Friday, still trying to wrap my head around what happened. Last week we had virtually no domestic news capable of disrupting the market, but apparently some … Continue reading

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