What's going on and why does it matter? This is likely to be a big week for the markets as the Fed is scheduled to meet and issue their monetary policy statement on Wednesday. While the market is not expecting the Fed to increase short-term rates, all eyes will be on the Fed's monetary policy st
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06/13/2016
What's going on and why does it matter? Mortgage bonds are continuing to trade near their best levels of the year as government bond yields across the world are at record lows. The 10-yr US treasury yield remains below 1.7%, an important technical indicator that may signal lower rates ahead. G
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06/12/2016
What's going on and why does it matter? There have been only two instances in the past 12 months where mortgage pricing has been as good as it is right now. Mortgage bond prices have approached their highest levels of the year amidst global economic growth worries. The 10-year US treasury yield
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06/11/2016
What's going on and why does it matter? Mortgage bonds are continuing to drift sideways amidst market uncertainty. Oil prices are at their highest levels in nearly a year (bad for bonds), but China reported weaker than expected export data, and the World Bank reduced its global economic growth f
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06/09/2016
What's going on and why does it matter? Mortgage bonds broke through and closed above their 30-day moving average yesterday, which is a great sign. The 30-day moving average is now likely to operate as a technical level of support. The non-farm payrolls report came out this morning much worse
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06/04/2016
What's going on and why does it matter?Mortgage bonds opened flat today after failing to close above their 30-day moving average yesterday. The 30-day moving average is now operating as a technical ceiling of resistance. If bonds can close above this barrier, mortgage pricing may improve. Howe
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06/02/2016
Wednesday, June 1, 2016 What's going on and why does it matter? Mortgage bonds opened higher today, and they're trading above both their 10-day and 30-day moving averages for the first time in three weeks. The Fed is scheduled to purchase up to $2.375 billion in 30-yr conventional mortgage
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05/31/2016
Tuesday, May 31, 2016 What's going on and why does it matter? Mortgage bonds opened lower today, and are sitting right at their 100-day moving average, which has been operating as a strong level of technical support over the past few weeks. This is a big week for the markets with lots of high-t
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05/31/2016
USDA Mortgage Loans Explained In this video you will get a good idea of USDA Mortgage loans explained to you and what they are used for. Here are some helpful links for the USDA Single Family Housing Guaranteed loan. Property Eligibility Previous Eligibility Areas Income Eligibility Income Lim
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05/30/2016
Conventional Home Loans A mortgage that is equal to or less than the dollar amount established by the conforming loan limit set by Fannie Mae and Freddie Mac's Federal regulator.In general, any loan which does not meet guidelines is a non-conforming loan. A loan which does not meet guidelines spe
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05/30/2016
