Tag Archives: rates

Fed Getting out of the Market

Only 12 weeks remaining of the Fed MBS purchasing program. I’ve blooged this before but let’s recap. Continue reading

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Rates are looking Great!

Rates are 1/8% from the lowest rates ever!  Should we be talking about your possibilities?  Call me today. Thank you, Matt Steinmetz Envoy Mortgage- Voted Top 25 Tech Savvy Lenders by Mortgage Technology Magazine 2151-P Salvio St. Concord, CA 94520 … Continue reading

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Best Pricing Since May

Waiting for rates to come down again, that time is here. Continue reading

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A 2nd Stimulus Plan and more Foreclosures

Vice President Joe Biden said the current administration may have miscalculated the jobless problem facing America, as to how bad it would be.  Another stimulus plan would mean more Treasury auctions.  You know from my previous posts that Treasury auctions … Continue reading

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Unemployment up

Today the unemployment rate is at it’s highest since 1983, sitting at 9.5%. The US has now seen the biggest drop in jobs since post World War 2, with about 6.5 million jobs lost since the recession began in December … Continue reading

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See Saw

 The ADP report came out today with much worse unemployment data than expected, though better than May numbers .  Tomorrow is the official day for the jobs report and the ADP report is not totally reliable it is a sign that … Continue reading

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06/25/2009

This week rates have been holding steady in light of the fact that the Treasury is selling off Treasury Bonds to create capital. This creates competition, as money that goes into the treasury market could have gone into bonds and … Continue reading

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