It appears that you are not registered yet. Please click here to register for free!
 
Business Calendar Classifieds Community Entertainment Gallery Media Sports Weather
theBubbler
theBubbler Members Classifieds Directory Events Forums More>
  
Go Back   theBubbler > Blogs > Daily Mortgage Market Update
Register or Login:
theBubbler Blogs Features Classifieds Directory Members Quick Links Help


Follow rate trends - updated daily by Mortgage Professionals
Old

Mortgage Market Update 02/05 - Where is the Fed?

Posted 02-05-2009 at 12:48 PM by dlenski (Daily Mortgage Market Update)

Where is the Fed?
2/5/2009 You will see in the article below I have been talking about the Fed buying Mortgage Backed Securities. They will release today the amount of MBS they purchased last week. Based on interest rates moving up, I would say not many.

The government never passes on spending our money. That means there is $450 Billion to be spent in 5 months. That is $90 billion per month or twice as much as they spent in January. Rates should remain low and push a little...
Newbie
Posted in Uncategorized
Views 179 Comments 0 dlenski is offline
Old

Mortgage Market update 02/05 -Total System Failure

Posted 02-05-2009 at 12:36 PM by dlenski (Daily Mortgage Market Update)

Total system failure.
2/4/2009 Sorry for no updates. I have had to replace my networking system. We are trying to catch up today. I will post again starting Thursday.

1/30/09 The Fed has bought the following mortgage notes in January. They bought 23 billion the 8th-14th, 19 billion 15-21st and 16.836 billion the 22nd-28th. The following is just Fannie Mae notes. The first purchase was 3.35 billion in 4% notes and $0 in 5.5% notes. The second purchase was 700 million in 4%...
Newbie
Posted in Uncategorized
Views 174 Comments 0 dlenski is offline
Old

Mortgage Market Update -

Posted 01-28-2009 at 01:01 PM by dlenski (Daily Mortgage Market Update)

Fed day two
1/28/09 The Fed will announce the results of their two day meeting today at 1:15 cst. We have wrote for a couple of days that we expect the Fed to talk about Mortgage Backed Securities. We have had a small rally in MBS the last 24 hours. We expect that to continue until the end of the week. This may not be a long lived rally. Remember lenders are at or close to capacity. This should be the dip we talked about.


Home Mortgage Loans and Refinance in Milwaukee and across Wisconsin - Wholesale Mortgage Services of WI
Newbie
Posted in Uncategorized
Views 172 Comments 0 dlenski is offline
Old

Mortgage Market Update 01/23 - Forget you ever heard 4.5%

Posted 01-23-2009 at 11:41 AM by dlenski (Daily Mortgage Market Update)

Forget you ever heard 4.5%
1/23/09 The 4.5% ship has sailed. The FED was supposed to use $500 billion to keep interest rates low. I guess the FED's definition of low and ours is different. The FED has spent $50 billion of the $500 billion since the programs inception at the beginning of the year. The FED had plenty of opportunity to step in and by Mortgage Backed Securities this week and they did not. That would lead me to believe that they are not trying to drive rates to the 4.5% like everyone...
Newbie
Posted in Uncategorized
Views 175 Comments 0 dlenski is offline
Old

Mortgage Market Update - 01/22 - Geithner Gaffe

Posted 01-22-2009 at 12:11 PM by dlenski (Daily Mortgage Market Update)

Geithner Gaffe
1/22/09 Here is a quote from our Treasury Secretary:

Timothy Geithner, currently the president of the New York branch of the Federal Reserve said, "President Obama -- backed by the conclusions of a broad range of economists -- believes that China is manipulating its currency.
"President Obama has pledged as president to use aggressively all the diplomatic avenues open to him to seek change in China's currency practices," Geithner said in...
Newbie
Posted in Uncategorized
Views 239 Comments 0 dlenski is offline

Bookmark and Share

All times are GMT -5. The time now is 03:49 AM.

Business Calendar Classifieds Community Entertainment Gallery Media Sports Weather

theBubbler.com
POWERED BY OnYourMark, LLC.
N8 W22350 Johnson Drive
Suite B5
Waukesha, WI 53186
Phone: 262-437-0450
Fax: 262-437-0451
Call Toll Free: 1-800-747-3399
info@thebubbler.com
OnYourMark, LLC is a full-service web design, production, programming, hosting and Internet marketing company with audio, photography and video services in our studio on Main Street in Sussex, Wisconsin or at your location.

We serve clients in industry, healthcare, eCommerce, professional services, real estate and construction, information services, hospitality, advertising agencies, and more...throughout Wisconsin and the USA. Please contact OnYourMark for a free, no-obligation consultation about increasing your inquiries and sales while decreasing your costs via the web.
Copyright © thebubbler.com | All Rights Reserved Privacy Statement




Search Engine Friendly URLs by vBSEO 3.3.0
Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Free Classifieds for Wisconsin People and Businesses - Free Wisconsin Want Ads - Free Wisconsin Classified Advertising -Ad Management by RedTyger