Mortgage News Blog

      Mortgage interest rates will continue to bounce up and down as traders are trying to figure out which way the market will go since most of the different Federal Government’s stimulus monies have ended or will be coming to an end. 

      This Thursday marks the 40th anniversary of Earth Day. And in this MMG Weekly Review is a great article on “Reducing Our Waste.”

      I personally have used www.YouRenew.com to recycle an old cell phone I have been holding on to as I didn’t know how to get rid of it. Now I didn’t get that much for it since it was old technology but I was able to give it an organization that would recycle the cell phone for me as well as pay me a bit for it. Postage, by the way, was free.

     Another resource I’ve been using lately has been Craigslist to sell items I no longer need or use. This I learnt from Warren and Betsy Talbot, friends of mine. In fact, you might find their website of interest on how they changed their life style so that they can travel the world. Check out their website at www.marriedwithluggage.com. Besides their story being an interesting read, they have shared their “secrets” on how they are doing this by saving, downsizing, and creative ways of selling their stuff.

      This week will be packed with economic reports on Existing Home Sales, New Home Sales, Produce Price Index and the every week, Initial Jobless Claims.

     As always, I’ll be following these and more so that I am up on the news that affects mortgage interest rates.

      You can also check out the Daily Rate Lock Advisory each day. This report normally comes out around 10am.

     And as always, I will report daily on twitter @mmtgsolutions on the mortgage interest rates and what to expect for the day. If one of these reports moves the market in a significant manner, I’ll write about it here.

     Please remember, I welcome your comments to this and my other posts.

To an  inspiring week,

Betsy Moore

206-331-2749