Jeff Baxter
Southern Delaware's Leading Mortgage Banker
Jeffs Collection of NewslettersThis compiled collection of Newsletters is here to help the potential buyer and Real Estate Agent understand the market and local conditions. Take a moment to read through the different newsletters so that you can better understand the mortgage market and home buying resources.
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Mortgage Market in ReviewThe Mortgage Market in Review is a weekly newsletter mailed to Realtors and others interested in following the financial dynamics of the mortgage market. Each week, the newsletter summarizes the causes and effects of changes in the economic and financial outlook for mortgage bond trading and therefore, mortgage interest rates. The newsletter also includes a summary of the key economic reports due in the coming week.
Documents
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| Date added: | 09/04/2010 |
| Filesize: | Unknown |
| Downloads: | 9 |
Mortgage bond prices fell last week pushing interest rates moderately higher. The up and down trading pattern continued with rates rising and falling throughout the week. Strong stocks mid week and stronger than expected ISM Index data didn’t help rates. Consumer confidence came in at 53.5, higher than the expected 49.9 mark and pressured rates. Weekly jobless claims and factory orders data were near expectations. Rates rose by about 1/4 of a discount point for the week.
August 30, 2010
| Date added: | 08/28/2010 |
| Filesize: | Unknown |
| Downloads: | 27 |
Mortgage bond prices fell slightly last week pushing interest rates higher. Unfortunately the seesaw trading pattern continued with rates rising and falling throughout the week. We started the week with stronger than expected Industrial Production and Capacity Use data pressuring mortgage interest rates higher.
August 23, 2010
| Date added: | 08/21/2010 |
| Filesize: | Unknown |
| Downloads: | 39 |
Mortgage bond prices rose last week helping recover some of the recent losses. We started the week with weaker stocks helping the mortgage bond market. Overall trading was choppy with data coming in all over the place. Higher than expected core producer price index data mid week helped erase most of the Monday morning improvements
August 16, 2010
| Date added: | 08/15/2010 |
| Filesize: | Unknown |
| Downloads: | 52 |
Mortgage bond prices were higher last week applying downward pressure on mortgage rates. Turmoil and volatility remain high with wide swings occurring in both stocks and bonds on an almost daily basis. The economic outlook remains clouded at best. Weekly jobless claims and the trade deficit remained high, hindering recovery in the jobs market. As expected, the Federal Reserve will restart the quantitative easing program by purchasing Treasury bonds.
August 9, 2010
| Date added: | 08/07/2010 |
| Filesize: | Unknown |
| Downloads: | 68 |
Mortgage bond prices were near unchanged last week holding rates in check. Stock strength the early part of the week caused bonds to struggle. Weaker than expected personal income, outlays, PCE Core, and factory orders data helped bonds bounce back a bit. Stocks extended their gains Wednesday once again at the expense of bonds. Higher than expected weekly jobless claims had investors jittery heading into the employment report. The jobs report released Friday confirmed fears that unemployment remains high in the US.
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