Mortgage News
-
How Did The Employment Report Affect Mortgage Rates?
Posted To: Mortgage Rate Watch It is the first Friday of the month and that brings us the official government report on the labor market: The Employment Situation Report. This release provides four headline measures on the health of the jobs sector. Nonfarm Payrolls: totals the number of jobs that were added to or cut from employer payrolls in the prior month. Consensus Forecast: -100,000 vs. -131,000 in July (Private payrolls increased 71,000 in July and +41,000 expected today) Unemployment Rate: the percentage of working-age, mentally able-Americans who are jobless. Consensus Forecast: 9.6% of the labor force vs. 9.5% last month Average Hourly Earnings: the average amount of earnings per hour of labor performed. Consensus Forecast: +0.1% vs. +0.2% last month. Average Work Week: average amount of hours worked by an employee...( read more) 
-
All Signs Point to Higher Rates in Week Ahead
Posted To: MBS Commentary NFP has come and gone, let's see where things stand.... The October delivery FNCL 4.0 is -0-09 at 102-15. In the chart below I called attention to a few technical inflection points. The ascending trend channel that helped mortgage rates hit new lows on Wednesday has broken down and FNCL 4.0s have made their way back into the range that moderated price action for the majority of August. The falling knife found support and bounced higher directly in the middle of that range. 10s flagged lower for the entire month of August (all summer really) and are now flagging higher. The 2.625% coupon bearing 10 year TSY note is off its session price lows (98-24) at 99-07 yielding 2.715% (+8.8bps). 10s are the worst spot on the curve followed by 7s (+8.6bps) and the long bond (+7.6bps). Volume was heavy into...( read more) 
|
|
|
Jeff's Blog -
Jeff's Blog
|
|
Written by Jeff
|
|
Saturday, 07 August 2010 10:39 |
|
Our August Newsletters have been posted and are ready for your use. I use a free file sharing service called Box.net and you can preview and download these files easily - directly from the links below.
Each month we distribute three (3) newsletters for people interested in the real estate and mortgage finance markets, real estate professionals, professional sales people, and homeowners. The newsletters are Real Estate Trends, Real Estates Page, and The Sales Update. Full archives for each newsletter are available here under the "Newsletters" heading in the menu above.
Real Estate Trends - this month the main article discusses the importance of the "big" economic numbers that are being released over the next few weeks and how policy makers will try to gauge a potential slowdown in the housing market. We also discuss home affordability - it's the highest in decades.
Real Estate Page - focuses this month on refinancing and how not to get shut out in this market. With mortgage rates at 50 year lows , lenders can be expected to be inundated with applications, but appraisal values, credit issues, and tighter mortgage qualification standards could make it harder for many homeowners to take advantage. Read how.
The Sales Update - this is the 4th and final part of our on-going series about making a difference in your numbers in any market by setting up a marketing plan that delivers real value to your sphere. Value means meeting the needs of your sphere. This month we end the series by talking about staying with your customers, prospects, and entire sphere for the long-run.
These newsletter are free for you to use and re-distribute. They are not only great for your individual knowledge, but they represent a handy and well produced item of value to send to your client database to keep in touch and deliver information they can also use. I hope you find them helpful and please let me know if you have any specific ideas you would like to see in our newsletters. |
|
Jeff's Blog -
Jeff's Blog
|
|
Written by Jeff
|
|
Saturday, 03 July 2010 09:19 |
|
Are You Always Searching for Items of Value for Your Clients? I am as well, and our new July newsletters are uploaded and ready to go for you.
The July Real Estate Trends talks about 3 interesting topics: 1) i\Is the Fed out of bullets, 2) Why it may have been smart to miss the April 30th deadline for the tax credits, and 3) Is a housing shortage coming? You can email clients this link or download a color PDF file here: Real Estate Trends
Here's a great handout for your Open House visitors. The Real Estate Page this month discusses the "Biggest Mistakes Homebuyers Make" from not knowing their credit score to skimping on the home inspection, these tips will give your clients and Open House visitors the knowledge they need to become smarter buyers. You can email clients this link or download a color PDF file here: Real Estate Page
Lastly, something just for you. My Sales Update for July is Part 3 of our series on changing your sales results in any market. We focus this month on identifying your targets and converting leads. Download the report here: The Sales Update
BREAKING NEWS! The House and Senate have passed 90 extension to settle your tax credit loans. It goes to the President for signature today so don't let those deals you didn't get settled fall apart. Call me with questions.
|
|
|
Jeff's Blog -
Jeff's Blog
|
|
Written by Jeff
|
|
Tuesday, 01 June 2010 07:27 |
Our monthly newsletters have been published for June and are available on my website and blog - The View From The Beach. Each month we publish three (3) newsletters to provide information to clients, referral partners, and customers. Here are the links to each individual newsletter:
An in-depth look at purchase property in foreclosure - the tricks and trip falls are highlighted.
A monthly summary of the key issues in the real estate economy
Part 2 of our series on re-thinking your business or marketing plan and planning for greater success.
Please feel free to download and print these newsletters for your clients or to forward them directly via email. As always, I appreciate all of your referrals and invite your calls. |
|
Jeff's Blog -
Jeff's Blog
|
|
Written by Jeff
|
|
Thursday, 29 April 2010 21:41 |
|
Our May Newsletters are posted. Please feel free to print, download, or email them to friends and clients.
May Real Estate Trends
May Real Estate Report: Ensuring a Remodel Pays Off
May Sales Report: Change Your Results by Changing the Numbers
The April Issue of the Wells Fargo View is also available:
Wells Fargo View |
|
Mortgage News -
Newsflash
|
|
Written by Jeff
|
|
Thursday, 11 February 2010 16:49 |
|
 How would you like to get an email each day showing you current mortgage rates? My Rate Alert Service does just that - just click to sign up and begin tracking mortgage rates by email.
The service is free & can be cancelled at any time.
Here's a sample: Sample Newsletter |
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Find Jeff's Offices
 | Click here for directions to my Bethany Beach and Rehoboth Offices. |
|
August 30, 2010 (22)
