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Wednesday – February 22, 2012 9:08am ET Current Trend Direction: Sideways Advise your Clients: Carefully Floating with Bond attempting to hold above 50-day Moving Average support level Current Price of FNMA 3.5% Bond: $103.00, +3bp After a three-day slide, Mortgage Bonds are attempting to stabilize as the 3.5% coupon clings to support at the 50-Day Moving Average and is near . . . → Read More: Jim McNees Daily Mortgage Market Guide  Leave a comment  Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs, VHDA  conventional mortgage, government mortgage loans, jim mcnees, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees VA Mortgage Specialist, union mortgage group, VA Mortgage, Virginia Beach Wednesday – February 15, 2012 9:47am ET Current Trend Direction: Sideways – with important technical battle on horizon Advise your Clients: Cautiously Floating Current Price of FNMA 3.5% Bond: $103.81, +6bp Bond prices are being capped this morning on news from China, stating their intent to continue investing in Euro-zone bonds. Additionally, they may even decide to play a bigger . . . → Read More: Jim McNees Daily Mortgage Market Guide Current Trend Direction: Sideways – with important technical battle on horizon Advise your Clients: Cautiously Floating Current Price of FNMA 3.5% Bond: $103.62, +16bp Happy Valentine’s Day! Looks like Aphrodite, Greek goddess of love, is giving a Mortgage Bonds a boost at the opening of trading, as the Grecian drama remains unresolved. On the other hand, the Bond Ratings firms are . . . → Read More: Jim McNees Daily Mortgage Market Guide Leave a comment FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs FHA Mortgage, FHA Mortgage Specialist, jim mcnees, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees VA Mortgage Specialist, Real Estate, union mortgage group, VA Mortgage, Virginia Beach Current trend Direction: Sideways – with important technical battle on horizon Advise your Clients: Cautiously Floating Current Price of FNMA 3.5% Bond: $103.41, + 3bp A new and improved Grecian formula? Perhaps. Mortgage Bonds are trading lower as the Greek Parliament voted and approved austerity measures necessary to receive a fresh bailout. This now sets the stage for a . . . → Read More: Jim McNees Daily Mortgage Market Guide Friday – February 10, 2012 Current Trend Direction: Sideways – with important technical battle on horizon Advise your Clients: Locking Bias Current Price of FNMA 3.5% Bond: $103.50, +22bp The Monthly Bond Rollover occurred after the close of trading yesterday with the effect being -25bp for the 3.5% coupon. Every month the coupon “rolls over”. In this case, this . . . → Read More: Jim McNees Daily Mortgage Market Up-Date What’s Labor Got to Do with It?
Being unemployed, under-employed, or afraid of losing a job is never easy. One of the first things many people do in these situations is batten down the hatches and minimize their spending. Certainly, the last thing on their minds is making . . . → Read More: What’s Labor Got to Do with It? . . . → Read More: NAHB Housing Index Reaches 4 1/2 Year High Leave a comment FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs conventional mortgage, jim mcnees, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees Mortgage Specialist, Jim McNees VA Mortgage Specialist, loan officer, union mortgage group HARP Mortgage Program Allows Homeowners to Refinance to Current Low Interest Rates.
Editor’s Note: The November 15 announcement included comprehensive rules for the new HARP, which people in the industry are calling “HARP 2.0.” How lenders will implement these changes in their underwriting process has yet to be established. Bookmark this page and check back regularly, as . . . → Read More: New HARP Refinance Program – Jim McNees – FHA and VA Mortgage Specialist Leave a comment Education, FHA, Mortgage News, Sales & Marketing, VA - Veterans Affairs FHA Mortgage, FHA Mortgage Specialist, government mortgage loans, jim mcnees, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees VA Mortgage Specialist, union mortgage group, VA Mortgage, Virginia Beach 2012 Is Here
The good news–despite what the Mayan calendar may say–is that the world probably won’t be coming to an end in 2012. But like 2011, this coming year may bring some significant challenges here in the US and around the world. Read on to learn more about . . . → Read More: Jim McNees – FHA and VA Mortgage Specialist – Rate Forecast for 2012 Leave a comment Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs FHA Mortgage, hampton Roads, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees Mortgage Specialist, Jim McNees VA Mortgage Specialist, loan officer, Real Estate, VA Mortgage, Virginia Beach Jim McNees and Union Mortgage Group-Your FHA and VA Mortgage Source Read . . . → Read More: Jim McNees and Union Mortgage Group-Your FHA and VA Mortgage Source Leave a comment Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs, VHDA conventional mortgage, FHA Mortgage, jim mcnees, Jim McNees FHA Mortgage Specialist, Jim McNees loan officer Virginia and North Carolina, Jim McNees Mortgage Specialist, jim mcnees union mortgage group fha and va mortgage specialist, Jim McNees VA Mortgage Specialist, VA Mortgage, Virginia Beach |
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