By admin, on May 11th, 2012%
This up-date is posted from Kiplingers forecast:
INTEREST RATES
Last updated: April 25, 2012
Renewed fears of a European financial crisis are driving interest rates lower, but the drop will be short-lived. Europe has strengthened its commitment to the euro and should be able to calm investors looking for a safe haven in Treasury notes, something that is temporarily . . . → Read More: Interest Rate Up-Date – Jim McNees Mortgage Blog
By admin, on April 25th, 2012%
CLOSING TECHNICAL SIGNAL: Mortgage Bonds showed resilience today closing near unchanged levels even as Stocks rallied but the 3.5% coupon candle does show some indecision. We will continue to cautiously float. MARKET WRAP: Today’s Fed statement did not mention QE3 but Fed Chairman Bernanke did allude to it if necessary at his press conference, which helped . . . → Read More: Closing Technical Signal-4-25-12 – Jim McNees Blog
By admin, on February 22nd, 2012%
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
By admin, on January 17th, 2012%
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
By admin, on January 12th, 2012%
2012 Is Here
Forecasting What May Be Ahead for Home Loan Rates
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
By admin, on December 26th, 2011%
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
By admin, on December 18th, 2011%
Based on all the media information, Wall Street predictions and expert opinions, here’s my opinion of what 2012 holds for real estate and the mortgage industry. These are local Hampton Roads market reflections and based on my opinions and not scientific research or evidence. Some comments about the general economy are included.
The industry is . . . → Read More: Market Up-Dates & Opinions – Jim McNees FHA and VA Mortgage Specialist
By admin, on November 17th, 2011%
The Scoop on Inflation and Its Impact on Home Loan Rates
CPI, PPI, PCE…sounds like a nice bowl of alphabet soup. But did you know that what lies behind these letters impacts not only YOU every single day…it also bears a very heavy influence on the direction of home loan rates? So pull up a chair, grab . . . → Read More: The Scoop on Inflation – Jim McNees – Union Mortgage Group
By admin, on October 24th, 2011%
4 Sites to Boost Your Family’s Entertainment Budget
Experience Saving in the 21st Century
By Trevor Kerrick
A night out on the town can be expensive, especially if you’re taking the whole family. So how can you explore your city without blowing your budget? There are quite a few Web sites out there made to help. Read on to . . . → Read More: 4 Sites to Boost Your Family’s Entertainment Budget
By admin, on September 24th, 2011%
This is not a post about politics, but a statement about financial aspects and failures of our federal government. This also does not relate to spending on our military, FEMA emergency funds etc. Regardless of your political beliefs, I think we can all agree that enough is enough when it comes to the feds wasting our . . . → Read More: The Private Sector has to Fix our Federal Government
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