Subscribe to Match Point 40

syndicated content powered by FeedBurner

 

 
  Older Entries »

Interest Rate Up-Date – Jim McNees Mortgage Blog

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

Leave a comment   Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs, VHDA   , , , , , , ,  

Closing Technical Signal-4-25-12 – Jim McNees 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

Leave a comment   Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs   , , , , , , , ,  

Jim McNees Daily Mortgage Market Guide

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

Leave a comment   Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs, VHDA   , , , , , , , ,  

Jim McNees Daily Mortgage Market Guide

By admin, on February 15th, 2012%

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

Leave a comment   FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs   , , , , , , ,  

Jim McNees Daily Mortgage Market Guide

By admin, on February 14th, 2012%

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   , , , , , , , , ,  

NAHB Housing Index Reaches 4 1/2 Year High

By admin, on January 18th, 2012%

. . . → Read More: NAHB Housing Index Reaches 4 1/2 Year High

Leave a comment   FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs   , , , , , , ,  

New HARP Refinance Program – Jim McNees – FHA and VA Mortgage Specialist

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

Leave a comment   Education, FHA, Mortgage News, Sales & Marketing, VA - Veterans Affairs   , , , , , , , , ,  

Jim McNees – FHA and VA Mortgage Specialist – Rate Forecast for 2012

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

Leave a comment   Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs   , , , , , , , , ,  

Jim McNees and Union Mortgage Group-Your FHA and VA Mortgage Source

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

Leave a comment   Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs, VHDA   , , , , , , , , ,  

Market Up-Dates & Opinions – Jim McNees FHA and VA Mortgage Specialist

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

Leave a comment   Education, FHA, Financial Education, Mortgage News, Real Estate, VA - Veterans Affairs, VHDA   , , , , , , ,  
 
  Older Entries »