Monthly Archives: November 2011

TODAY’S MORTGAGE RATES ; INTEREST RATES REMAIN STABLE

TODAY’S MORTGAGE RATES: November 28th, 2011 During the past few weeks we have really seen a stable market for interest rates. Last week the bond market closed even (0 bps), keeping rates relatively the same as the week before. Rates have basically remained at the same levels for most of November. I still recommend LOCKING […]

Read More

MICHIGAN VS. OHIO STATE

Michigan Vs. Ohio State November 26, 2011 I have been a Michigan Football fan as long as I can remember.  It has been 7 Novembers in a row since Michigan has beat Ohio State.  Here is hoping for a better day tomorrow.    

Read More

TODAY’S MORTGAGE RATES , HARP 2.0 GUIDELINES RELEASED

TODAY’S MORTGAGE RATES: November 21st, 2011 The bond market closed another see-saw type week with trading ending at + 6 bps on the week.  Mortgage interest rate pricing has basically stayed the same and I expect more of the same results this week.  Although this is a work shortened week in America, Europe and Asia […]

Read More

HARP 2.0 – UPDATED GUIDELINES MEANT TO HELP MORE HOME OWNERS:

HARP 2.0 November 17th, 2011 HARP 2.0 is now only two weeks away.  The new guidelines were released this week and below are the MAIN changes.  REMINDER:  A HARP loan is a product that allows homeowners backed by a Fannie Mae or Freddie Mac loan the ability to refinance their loan at up to 125% […]

Read More

TODAY’S MORTGAGE RATES – ALL EYES ON EUROPE

TODAY’S MORTGAGE RATES: November 14th, 2011 The bond market closed last week trading down – 19 bps. Mortgage rates and pricing increased slightly on the week as a whole. My bank took on a new investor, so my pricing is improved across the board even though pricing is a bit higher this week. Check out […]

Read More

MORTGAGE RATES IMPROVE AGAIN

MORTGAGE RATES IMPROVE: November 7th, 2011 The bond market closed last week selling +116 bps up, pushing mortgage pricing and rates down for the second consecutive week. Even though October was a great month for stocks and a bad month for interest rates, the past couple weeks have seen rates improve. The US economy continues […]

Read More