The Columbus Team | Real Estate

Columbus Mortgage Market: Geez Louise!

October 19, 2010 by · Leave a Comment 

This is a weird morning. Many things happened in the financial markets this morning in direct conflict to each other. 1. China increased their deposit rate today by .25% which increased the US Dollar which should have made rates go up. 2. Crude Oil went down this morning which should make rates go down. 3. [...]

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Columbus Mortgage Market: Hmmm!

September 10, 2010 by · Leave a Comment 

Positive economy news in China caused our markets to increase in hopes of increased sales to China Go out there and sell something today. MORTGAGE TIP OF THE DAY: For those folks who are on commission, we look at the tax returns and deduct from their income any unreimbursed expenses. That works for FHA and [...]

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Columbus Mortgage Market: Yawn!!..but it’s a happy yawn!

June 29, 2010 by · Leave a Comment 

The market again is going in our favor this morning. Not enough to make mortgage rates go down. It has to do with economic indicators with China. It’s a bizarre world out there. Go out there and sell something today. MORTGAGE TIP OF THE DAY: Fannie Mae/Freddie Mac along with PMI companies are requiring a [...]

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Columbus Mortgage Market: 8-(……just a little one, not much!!!

September 3, 2009 by · Leave a Comment 

Friends Not much movement in the market this morning, against us a hair. The big thing that is happening making mortgage rates go down is the correction in the Chinese stock market moving money into a safe haven, i.e. US mortgage back securities. Let’s see if there is a US stock market correction soon. Thanks!! [...]

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Columbus Mortgage Market: :-(….oh well!!!

March 16, 2009 by · Leave a Comment 

Folks, Today is the first day of a new feature in my daily email, FACT or CRAP. We are replacing the “You know you’re from Columbus when…”. You will find the answer below the “legal stuff”. I hope you find this interesting. As I mentioned Friday, we had no clue why rates when down that [...]

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The Columbus Team | Real Estate