Before 830am the treasury markets were trading slightly weaker and stock indexes a little better, it changed after the 830am release of Q4 GDP which anticipated a growth rate of 3.1% and reported +2.8%; the 10-Year Note...
Friday - January 27, 2012 2:16 PM ET Current trend Direction: Sideways to Higher Float/Lock Bias: Floating Current Price of FNMA 3.5% Bond: $103.66, +16bp Mortgage Bonds are trading in an all-time price high range, in...
By James Brooks Friday's bond market initially opened in positive territory again following weaker than expected results from some key economic data, but it has since given back most of those gains. The stock markets are...
Before 8:30 treasury markets were trading slightly weaker and stock indexes a little better, it changed after the 8:30 release of Q4 GDP. Expected at a growth rate of 3.1%, as reported +2.8%; the 10 yr note bounced up a...
When applying for a Mortgage you will have to gather and hand over A LOT of paperwork to your lender. In order to receive a pre-approval or intent to lend, which are the strongest types of letters for sellers to see along...
Step 1 - Getting Pre-Approved Prior to Shopping for a Home It's important to know how much home you can afford, what type of down payment to budget for, monthly mortgage payment as well as what type of loan program...
Hi, I'm writing this as a continuation of yesterday's blog named Harp 2 Refinance Information. Today I wanted to explain 125% loan to value in detail, as it's a mortgage term. Basically, if your home is worth...
3.85%
