Team Neliton Mortgage Planning at Caliber Home Loans

Hello Friends, Well it has almost been a week since I have done an update and unfortunately no news was not good news. I have a new and much deeper appreciation for what my wife does on a daily basis with our kids and home as she was gone for a week in Mexico and I actually thought I would be abl...

Hello Friends, I hope you are having a great Friday. I am happy to report that the stock market is in the black slightly and licking its wounds today from the largest 2-day drop in the history of the stock market Wednesday and Thursday. I am hoping it was a coincidence that it was the first two d...

Hello Friends, Wow, ugly days on Wall Street. I think some of the false hope of the election passing made everyone think change was going to happen overnight. We are in a financial mess still and a global recession. The Bank of England slashed their national bank rate last night by 1.50%, similar...

Hello Friends! Yeah the election is over, time to move forward, embrace change whatever that is going to look like and look for constant and never ending self improvement. As Chuck Swindoll said, "Life is 10% what happens to us and 90% percent how we respond to it.” Respond well! Unfortunately th...

Hello Friends, Woohoo, Election Day will be over in about 8 hours! The market is on quite the rally right now, if it can only continue. Mortgage backed securities are up nearly 100 basis points or 1% in fee or discount point. So rates across the board have improved about .25% and .375% in some ca...

Hello Friends, I cannot believe it is November already. Well I can a bit due to the craziness of this election year but other than that, time has flown! I hope you all had a safe and fun Halloween weekend. The market has opened tame this morning, likely due to the pending election day tomorrow as...

Hello Friends and Happy Halloween! Surprisingly it is a Halloween Friday on the market and so far, nothing to be scared about! With mortgage bonds AND stocks both in the black this morning, maybe that is it, being in the Black on Halloween. The PCE or Personal Consumption Expenditure Index was re...

Hello Friends, As you all know, the Feds cut short term interest rates, the Fed Funds rate as well as the discount window by .50%. The Fed Funds Rate is now 1%, which banks should follow suit in lowering the Prime Rate to 4% which is the lowest rate since June of 2001. Please watch the video for ...

Hello Friends! Happy Friday! Not so much of a happy Friday for those on Wall Street but it could have been much worse. A domino effect occurred when Japan's major companies in Sony and Samsung reported deep losses, causing a major sell off in their market, China's and then Europe's market when t...

Hello Friends, Mortgages bonds are trading a bit lower this morning but are still above an important level of support of the 200-day moving average, keep the great gains we have seen earlier in the week putting rates back into the upper 5% range. Initial jobless claims report came out this mornin...