Team Neliton Mortgage Planning at Caliber Home Loans

Hello Friends, I get a lot of flak from my peers for taking the time to do these video updates every day and today the market is so back and forth, I feel like I could do several updates a day. I actually had recorded the first run of the video update at 815 this morning and things changed quickl...

Hello Friends, What a day! Wow, not even sure where to start! Watching the video will probably be easiest to understand what is going on. AIG, the largest insurance carrier in the world is on the verge of collapse and needs to raise $75 billion before the end of the day. WAMU stock was downgraded...

Hello Friends, I always love waking up to chaos in the market first thing Monday mornings. I drive my wife nuts when I turn on the TV at 445 and there is headline news like there was this morning with our major investment company shakeups. Please watch the video for more detail as it is a long ex...

Hello Friends, Well despite some positive economic reports released today, traders are selling off some of their gains this week on mortgage backed securities and with the instability of the financial giants in Lehman Brothers and WAMU is causing the DOW to be slightly in the red this morning. Th...

Hello Friends! 9/11, September 11th, boy do those numbers and days have meaning now! I have a few clients that share their birthday today with those tragic events of 2001, and it must feel awkward to celebrate and think of that horrific memory that occurred that day. Thank God for the blessings ...

Hello Friends, Well another good day for mortgage rates and the confidence in home financing going forward. We are all the way down to $103 a barrel of oil, pushing in on double digit price per barrel which we have not seen in a long time. The great news is with several weeks the drastic improve...

Hello Friends! Wow, finally a magical Monday that I can say with sincerity! When the news hit the wires this weekend that the US Treasury Secretary announced the Feds are stepping in after 4 weeks of watching the stability of Fannie Mae and Freddie Mac and are taking over as conservator's, that k...

Hello Friends! Rates good ummm k, stocks bad! Just in the last 30 minutes since I recorded the video update, mortgage backed securities have improved to their best levels of the day and stocks have lowered to the worst levels of the day. Reasons for this, initial jobless claims were higher then e...

Hello Friends! Well I was hoping for a Terrific Tuesday after a Frantic Friday and we got it! I just received an "alert to float" from a financial service I subscribe too and that is not very common. Meaning, the analysts are advising to float on your mortgage rates if you were considering lockin...

Hello Friends! Well before I forget, have an awesome Labor Day weekend! Today was ugly for stocks and bonds today. Not shocking knowing how the market responds to a short trading day going into a long holiday weekend. I can't think of the last time the market was up or positive before a long hol...