Ken Allen's (kenallen) Blog

In slower markets, some loan officers may feel pressured to close deals that aren't in the homeowner's best interest.  In order to avoid getting into difficult and financially compromised positions with their mortgages, borrowers are well advised to be acutely aware of the signs of a responsible ...

Last Week in Review   "WISH ME LUCK!" Last words spoken by Niagara Falls barrel rider...But luck hasn't been on the side of home loan rates, as Mortgage Bonds tipped over the edge on Thursday, adding to the brutal cascade lower which began on May 8th, and causing home loan rates to move significa...

Last Week in Review   "BLUE MOON...YOU SAW ME STANDING ALONE..." The Marcels Even a wish made on last week's semi-rare "Blue Moon" - the second full moon in one month - couldn't help Bonds shake off their own blues, worsening again for the fourth week in a row and causing home loan rates to rise ...

The Allen GroupCertified Mortgage PlannersFirst Horizon Home LoansOffice: 425-670-2418Email: ken@kenallen.comWebsite: http://www.kenallen.com/   For the Month of June 2007 --- Vol. 2, Issue 6  IN THIS ISSUE...      JUNE IS HERE, AND WITH IT BEGINS THE SUMMER VACATION SEASON. But before you embark...

Last Week in Review HEY SKINNY! Last week, Steroid-pumped Stocks kicked sand in the face of the 97-pound weakling Bond market, and home loan rates worsened by about .125% across the board. What happened?Here's the story - money invested out in the financial markets generally flows back and forth ...

Last Week in Review "HEY KIDS, SHAKE IT LOOSE TOGETHER - THE SPOTLIGHT'S HITTING SOMETHING THAT'S BEEN KNOWN TO CHANGE THE WEATHER..." Elton John, "Benny and the Jets" And sure enough, B-B-B-Benny and the Fed held the spotlight last week, as Chairman Bernanke and his team of inflation fighters at...

IN THIS ISSUE...      TIME STANDS STILL FOR NO MAN, WOMAN, OR CHILD. And neither does inflation. In fact, every year the costs associated with higher education shoot up an average of 5%. So make sure you plan ahead. The article below includes important tips to help you get started-including how y...

Last Week in Review TALK DERBY TO ME...If you did tune in to watch the biggest horse race of the year, you know that "Street Sense" was the lucky horse who won the "Run for the Roses", the Kentucky Derby. And the news from Wall Street was also galloping in fast and furious last week - so let's ma...

Last Week in Review   "THE ONE FUNCTION THAT TV NEWS PERFORMS VERY WELL IS THAT WHEN THERE IS NO NEWS - WE GIVE IT TO YOU WITH THE SAME EMPHASIS AS IF THERE WERE." David Brinkley No kidding...and although the week did start out with little real economic news for talking heads to deliver with dram...

Last Week in Review   "ANYTHING THAT BEGINS WITH 'I DON'T KNOW HOW TO TELL YOU THIS' IS NEVER GOOD NEWS" Ruth Gordon But after a trend of gradually worsening over the past month, Bond prices and home loan rates finally got the good news they'd been waiting for...that pesky inflation rate finally ...