Greetings to all. This week’s update is coming live from the RE BarCamp in Miami. Being that you are likely in the real estate industry in some fashion, I highly recommend getting to a few of the events such as these so you can learn more and more about social media and how it can help your business. Enough of the marketing junk, let’s get down to what to expect this week by first looking at last week. There wasn’t much data and we never really got a genuine correction to take place, so expect a correction of at least a little this week, but expect also a rebound and maybe even a push to the highest mortgage bond pricing in quite some time. One of the subtle reports from last week which may help shape this week was the Consumer Credit report which showed a huge drop, signaling the potential of a large miss in this week’s Retail Sales report. That could be the point of the next leg higher. Treasury Auctions all went well, keeping MBS prices from doing their corrective move last week.
- Bad Credit Ratings
Bad Credit Ratings may not be your fault, that’s right your negative mark stamped on your credit file may be a mistake! They happen, and many people wind up paying for debts they do not actually owe. If you’re checking out your credit report and you experience an error what should you do? There are things.. - Check Credit Scores
A Credit Check or Credit Score shows the creditworthiness or financial situation of a individual. In order for a lender to approve your loan or credit card they require a credit report or score to know whether the borrower is financially sound or not. Poor credit can impact one’s credit flexibility however a good or perfect.. - Mortgage Market Update – July 6, 2010
Good morning and as I stated in yesterday’s radio program, I have delayed this week’s report until today since the markets were closed yesterday and I wanted to give you a better view of what lies ahead. Of course, flying in from Rio de Janeiro yesterday early morning certainly doesn’t keep one .. - Mortgage Market Update – June 21, 2010
What an exciting week last week turned out to be and that will likely continue through this one as well. Shortly after my delayed post last week and after airing my radio show, MBS prices tanked and caused all of those rate alert services to post lock alerts, though I never changed .. - Mortgage Rate Forecast
I think it is fair to say we had an interesting week last week, and one that was full of surprises, but we may end up being less surprised than we thought. Only time will tell for sure, but one thing that is coming is change in the format of this report. ..