by bradtoland | Dec 28, 2012 | M.A.P.(mortgage advantage program)
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by bradtoland | Dec 3, 2012 | M.A.P.(mortgage advantage program)
We are seeing rates a little higher this morning as the volatility continues in the market. With consumer spending high so far this holiday season we are seeing the stocks increase continuing to rise. Remember, when the stock market increases the bond market...
by bradtoland | Nov 30, 2012 | M.A.P.(mortgage advantage program)
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by bradtoland | Nov 14, 2012 | M.A.P.(mortgage advantage program)
My life revolves around a 30 day time period. Why is this? The normal length of a real estate contract is 30 days. This is also the standard length of a locked interest rate. Unlike a stock that someone buys and holds, the timing on buying an individual stock is...
by bradtoland | Nov 8, 2012 | M.A.P.(mortgage advantage program)
A WORD FROM THE BOND PITS: Selling volume was somewhat lighter today with 80% concentrated in the 3s to about $2B total but the Fed easily scooped up that supply as it averages $3B in buying per day. CLOSING TECHNICAL SIGNAL: We will continue to float but we are...
by bradtoland | Nov 2, 2012 | M.A.P.(mortgage advantage program)
This is my Friday interest rate update. The chart below shows a clear decline in the value of mortgage-backed securities. A decline in bond prices does the opposite for interest rates. Rates tend to increase when bond prices decrease. Three weeks ago when QE3 was...
