Mortgage News Blog

I know several people are waiting for this good news so here is what I have: This is coming in from 3 good sources now- the vote on HR 4899 yesterday DID authorize funds for USDA. The bill is just waiting for Obama’s signature so we now know the USDA is getting their funding! If you’ve been [...]

This week brings us 7 economic reports that could affect the mortgage interest rates. Though we will start the week out on Monday with New Home Sales which is expected is be up a bit which shouldn’t affect mortgage interest rates since the report only tracks about 15% of the new home sales. But if it [...]

This week will be a light week for economic reports. But what can and may move the bond market will be Fed. Chairman Bernanke’s testimony on Wednesday to the Senate Banking Committee and on Thursday to the House Financial Committee. Each word in his opening statement on Wednesday will be closely analyzed to see where he thinks the economy is [...]

     This week will be a busy one with 6 important economic reports being released all towards the end of the week.      So what is in store for us? First off will be the one of two Treasury Auctions on Tuesday when the 10 year Notes will be sold. Retails Sales and the FOMC meeting [...]

     Today I wrote a post about “The Perfection Measuring Stick.”      To read more about news that will affect Mortgage Interest Rates, check out MMG Weekly.

This week, I decided to add something a bit personal about me. Enjoy!      This past weekend I ran in the Rock and Roll Half Marathon. It was my second time to do this race. Both times, I have finished.      Last year, I ran, walked and almost crawled to the finish line as I [...]

     The top news for this week will be what the Feds have to say when their meeting minutes are published. Bernanke and Company start their two day meeting this Tuesday. At the end, they will released their meeting minutes in which investors and traders will dissect each word and phrase that they hope will [...]