Wonderful Weds Eve to all, Normally just AM updates with bonds BUT........ I just had to share what happened with bonds today! Rate Guard Update Enjoy the Evening! 06/09/2010

Wonderful Weds Morning to all, Slightly lower opening this morning, the Beige Book and auction will drive the markets. W-St is trying to recover ground which is taking a wee bit of wind from our sails. Rate Guard Update Have a great day! 06/09/2010

Terrific Tuesday Morning to all, Solid opening with bonds this morning, we will be watching the 3yr auction today which hopefully will have a good demand. Rate Guard Update Have a great day! 06/08/2010

Magnificent Monday morning to all, Slightly lower opening this morning, but we are still in the stratosphere with bonds. Later today consumer credit is due out and the market may take direction off the report. Investors are very vary but W-St will be trying to bounce back so be careful. Rate Guard Update Have a great day! 06/07/2010

Fabulous Friday morning to all, Huge jump up with bonds as employment comes in under expectations. This is a GIFT lock  purchases or Refi's! Rate Guard Update Share the gift today with others! 06/04/2010

BENICIA SHORT SALES AND HIGHER EDUCATION What on earth could BENICIA short sales have to do with education?  Let me illustrate.  Two years ago I had a client who declined the terms of their short sale and let the property go into foreclosure.  They were advised by an attorney that this would be the better option.  They could declare bankruptcy and everything would be fine.  Yes, surprisingly, the same attorney did their bankruptcy for $2700. Well, the husband got into a car accident which totaled the car five months after the bankruptcy was discharged and had to pay over 12% interest for a car loan.  His payments are over $600 a month on a car that cost less than $15k.  Ouch. Now comes the heartbreaker.  His oldest child applied to California State University at San Francisco.  Was acce... 06/03/2010

Terrific Thursday morning to all, Mixed economic news this morning, W-St attempting to recover lost ground. Rate Guard Update Have a great day! 06/03/2010

Wonderful Weds Morning to all, Bias toward locking as W-St is trying to regain losses from the previous weeks. Pending Home sales were up as expected with the FED tax credit expiring. Rate Guard Update Have a great day! 06/02/2010

BENICIA REAL ESTATE STATISTICS MAY 2010 Listings per Status This week Benicia Real Estate saw a lot of activity for its market size.  17 homes were new to the for sale market, 11 homes that were for sale got accepted offers and went contingent.  17 homes went pending and 13 homes were sold.     Days On Market Nearly 40% of the homes listed for sale, were in the market for less than 30 days.  Less than 8% of the Benicia homes for sale were on the market between 31 and 60 days.   23% of the homes were on for 61-90 days and 23$% on for 91-120 days.  Only 7.7% were on for over 120.       Listing vs. Sales Price Of the homes that were for sale in Benicia, those that were aggressively priced to sell and on the market for less than 30 days, actually saw a "bidding up" in price to fair market v... 06/01/2010

Terrific Tuesday Morning to all, Mixed market emotion this morning. The ISM Manufacturing Index came in better than expected but still lower than the last report. Construction spending was up, and China's growth has slowed a bit. Rate Guard Update Have a great day! 06/01/2010

Fabulous Friday morning to all, Expect choppy trading today with most of the pro traders off early for the long weekend. Yesterdays sell off was triggered by China indicating they would support European debt. Why....... they need to sell what they produce somewhere. With the Fed out of the market trading is choppy and as yesterday market news can create wild swings. Rate Guard Update Enjoy the long weekend! 05/28/2010

Terrific Thursday to all, Late update with screen recording issues. We have left our home above 102, stocks worldwide rebounded and the focus is off Europe for the moment. If we can close above 101.80 that would be great! Rate Guard Update Have a great day! 05/27/2010

Wonderful Weds Morning to all, This morning's economic news: Durable goods orders were up, however strip out transportation down. New home sales surge of course with the FED tax credit ending. Rate Guard Update Have a great day! 05/26/2010

Terrific Tuesday to all, Positive economic news is over shadowed by global concerns again, Korea, Spain. Rate Guard Update Have a great day! 05/25/2010

BENICIA REAL ESTATE SHORT SALES Do short sales sell?  Yes they do!  There have been many improvements by the banks to process short sales a lot faster.  If you have a Wells Fargo or Wachovia loan, you may be able to get an answer within seven days.   If you are a Bank of America customer, they have a new automated system that streamlines the process.  Since May 1st, there have been five successful short sales closed in Benicia real estate, 11 new short sales listed and 19 that have gone pending.  So 24 out of 30 have had or are headed towards a successful outcome.  There are a lot of reasons that you may have to do a short sale, loss of income, transfer for your job, the need to downsize.  The banks will work with you, but you need an agent experienced in the short sale process as well ... 05/25/2010

BENICIA REAL ESTATE-MODIFYING MY MORTGAGE Due to recent economic events, many find that they are having difficulty keeping up with their current mortgage payments.  Given the fact that many will soon see low or no interest rate mortgages adjust up, they are knowledgeable that they will not be able to afford their mortgage payment. Enter the loan modification.  LOOK OUT!!!!  A loan modification promises under the HAMP or HAFA programs to lower your monthly payment to one that meets your current economic situation.  First ask yourself, why would my bank really want to help me?  Most would say, because they do not want me to foreclose, they get nothing.    Banks know how to protect their investments; they most likely have insurance that you are unaware of. A loan modification sounds like a... 05/24/2010

Marvelous Monday Morning to all, Expect choppy trading today....watered down W-St reform, some fears of Europe linger. Existing home sales were way up with the Fed tax credit ending. Rate Guard Update Have a great day! 05/24/2010

Fantastic Friday morning to all, Nice morning opening with bonds but.................dropping as W-St is trying to recover. Is this morning the peak of the rally..........fears of Europe drove this rally. LOCK NOW! Rate Guard Update Have a great weekend! 05/21/2010

Regardless of all the challenges we all face it is vital to LET OUR POSITIVE INNER LIGHT SHINE. One single compliment, word of encouragement, or helping hand inspires others in challenging times. You can make a difference TODAY! CLICK ABOVE                                                                                     HAVE A GREAT DAY! 05/20/2010

Terrific Thursday morning to all, Nice pop north with bonds this morning. Global investor fears drive flight to bonds. Be very careful at these heights with bonds ............investors could start to take the profit off the table. Rate Guard Update Have a great day! 05/20/2010