Phoenix Mortgage Broker – Daily Interest Rate Update Tuesday, October 6 2009
Now is a great time to buy a Phoenix area home with very low interest rates on FHA, VA or a USDA loan
I have started the day by floating. Mortgage rates are bumping against their best since last Spring; both the [...]
Phoenix Mortgage Broker -FHA Mortgage, VA Loan and USDA Loan Interest Rate Update
Monday October 5, 2009
Begin the day by floating; technically the rate markets remain bullish but with added underlying volatility. As long as the 10 yr note manages to hold under 3.25%/3.28% yield the technical outlook will remain bullish for the [...]
Phoenix Mortgage Broker – Interest Rate Update Wednesday, September 30, 2009
Given the huge double barrel shock to the equity bulls; the Chicago PM index and the ADP employment estimate, we suggest floating to start the day. Yesterday we locked all rate locks overnight in preparation for the employment report and the [...]
Phoenix Mortgage Broker – Daily Interest Rate Update Tuesday September 29, 2009
I have held rate locks into this morning to confirm that the 10 yr had held its technical resistance, but warned not to hold locked loans taken yesterday on the re-price improvements. We will float again to start the session but will likely [...]
Can I Raise My Credit Score? Part II
This is the second part of my blog from about 10 days ago on improving your credit score;
Piggyback on someone else’s good credit
The fastest way to establish a credit history can be to “borrow” another’s record, either by being added to a credit card as an “authorized” [...]
Phoenix Mortgage Broker Daily Update – September 28, 2009
Hold rate locks and continue floating this morning; while not much change from Friday’s closing levels, holding in the face of a strong stock market this morning. Keep focused on our rate alerts; we have nice profits from floating last week and we are not willing to [...]
