Monthly Archives: June 2015

Interest Rates Improve Last Week , Lose Gains on Monday

Interest Rates Improve Last Week , Lose Gains on Monday June 2015 Interest rates improved to 3 week lows on Friday with the Mortgage Backed Security (MBS) market closing up + 68 bps on the week. Unfortunately all those gains were erased on Monday with the MBS market closing down – 59 bps on Monday […]

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Interest Rates Improve with FED statement

Interest Rates Improve with FED statement Interest rates improved last week and so far this week although each day has been an adventure. Last week the Mortgage Backed Security (MBS) closed trading up + 32 bps – helping interest rates modestly improve for the week. That being said there were large trading movements so one […]

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MAY 2015 FUNDING FIGURES – TEAM GREEN

MAY 2015 FUNDING FIGURES – TEAM GREEN May was one of the toughest months of my career with a bunch of tough loans. Glad we were still able to have a successful month. Thanks to my family, Team Green – Jolyn and Nate, our title partners Dane, Dina, Toni, and Teresa, our appraisal team Property […]

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Interest Rates Make Move Higher

Interest Rates Make Move Higher Last week was a BAD week for interest rates right from the beginning capped by a stronger than expected jobs report. The Mortgage Backed Security market closed down every day but Thursday, ending the week trading down -198 bps. This was the biggest market movement in over a year and […]

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Rates improve last week, but lose much of gains on Monday

Rates improve last week, but lose much of gains on Monday Rates had a positive last week with the Mortgage Backed Security (MBS) trading up + 55 bps. Monday, the market took much of the gains back with the MBS market closing down – 33 bps. 30 year fixed rates are now available at 3.75% […]

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