Mortgage Blog

Mortgage Blog

Mortgage Market Update

Mortgage Market Update- April 21, 2013 Much of this week was disruptive to the typical news cycle primarily because of the events in Boston on Patriots Day. However, since the financial markets were open there was still a fair amount of activity going on. The net takeaway for the mortgage market this week was a slight

Mortgage Market Update

Mortgage Market Update- April 14, 2013 The bond market was largely stagnant this week in spite of mixed news that probably should have made a difference. Between the release of President Obama’s budget, the saber-rattling of North Korea and the news the Fed may be considering shortening their bond-buying program, many would have expected rates to

Mortgage Market Update

Mortgage Market Update- April 7, 2013 The unanticipated tick down in the unemployment rate should have theoretically been good for the stock market and bad for the bond market. However, one has to dig into the numbers to see why the opposite occurred, that is the stock market fell and the bond market got better for

Mortgage Market Update

Mortgage Market Update- April 1, 2013 This week the bond market was closed to observe Good Friday. However, the economic news from the US and around the globe did not have much of an impact on the bond market in general, leaving rates largely unchanged. Some of the numbers released this past week had little to

Hidden Costs of Home Ownership

There is little doubt that when you are saving money to buy a home, one consideration is the overall cost of the home and what rate of interest you are going to pay. However, there are costs that you may never consider saving for that are important to the overall success of your home buying

Mortgage Market Update

Mortgage Market Update, March 25th 2013 The latest news from Cyprus this week about the bailout failure caused the bond market to tick upwards. However, other news caused a stabilization in the markets resulting in the bond market and therefore mortgage rates to remain about the same as last weeks close. The bond market overall is

Mortgage Market Update

Mortgage Market Update- March 17, 2013 Mortgage rates did not quite keep up with the bond market this week. In fact, changes this week would have indicated rates would have changed more this past week than they did. However, in spite of that, the rates did move slightly downward this week. Home buyers and those who are

Proven Track Record with Bonita Springs Lenders

Bonita Springs Lenders Many people who are searching for home refinance loans or for purchase mortgages do not understand the role of a mortgage broker. In fact, some would prefer to work directly through a lender and allow the chips to fall where they may. There are some valid reasons to use a Bonita mortgage broker that

Mortgage Market Update

Mortgage Market Update- March 10, 2013 The good news for the economy is there were more than 200,000 jobs created in February of 2013. This sent the stock market soaring to new highs but of course, this was not good news for the bond market. While this may seem counter-intuitive, anything that is good for stocks

Mortgage Market Update

Mortgage Market Update- March 3, 3013 This week for the first time since September of 2012, mortgage rates declined very slightly. Do not get too excited, this drop was minuscule in comparison to the financial news this week. Both domestic and overseas news could have caused a much bigger fluctuation in bond rates this week which