Friends: Things are not in our favor this morning and we don’t have a good reason why. Nothing in the market justifies the increase. Fear of inflation? Something new!!! Starting the first of … [Read more...]
Columbus Mortgage Market: 8-(…..And the hits just keep on coming!!!!
December 28, 2009 By Leave a Comment
Columbus Mortgage Rates: 8-(….Merry Christmas, I guess.
December 24, 2009 By Leave a Comment
Friends: I would love to give some great explanation on why rates went up this morning but we just can’t see why. One of those mornings. Merry Christmas, talk to you next week. Something new!!! … [Read more...]
Columbus Mortgage Market: 8-0….Yawn!!!! Not much happening!!!
December 23, 2009 By Leave a Comment
Friends: The market is going in our favor this morning but not enough yet to lower rates. New home sales came out for November and it was not good news. As you know, bad economic news makes … [Read more...]
Columbus Mortgage Rates: Little more 8-(
December 22, 2009 By Leave a Comment
Friends: Tuesday's bond market is down again as yesterday's selling continues into this morning's trading. The stock markets are showing gains and are contributing to the early weakness in bonds. … [Read more...]
Columbus Mortgage Rates: Little 8-)…..Yeah!!!!
December 18, 2009 By Leave a Comment
Friends: The market is pretty much flat this morning. FHA did improve a bit this morning from yesterday’s activity. Something new!!! Starting the first of the year I will be adding a new segment … [Read more...]
Columbus Mortgage Market: 8-)….yeah!!!!
December 17, 2009 By Leave a Comment
Friends: The jobless rate came out this morning and it was worse than expected which forced mortgage rates back down. As you know, bad economic news makes mortgage rates go down. Thanks!!! … [Read more...]
Columbus Mortgage Market: 8-(…..yuck!!!!….inflation is NOT our friend.
December 15, 2009 By Leave a Comment
Friends: Rates rose this morning due to inflation for November and came out higher than expected. My greatest fear for the next 5 years is inflation becomes staggering based on the government … [Read more...]
Columbus Mortgage Rate: 8-0….yawn!!!!
December 14, 2009 By Leave a Comment
Friends: The market is pretty much flat today. Nothing happening any direction with mortgages or any markets for that matter. By the way, “Fact or Crap” will be going away in early January … [Read more...]
Columbus Mortgage Market: 8-/…..scarey bored!!!!!
December 11, 2009 By Leave a Comment
Friends: Retails sales for November came out this morning and it was stronger than expected. We are very, very close to pushing our fixed rates up by .125% in rate. These reports of the economy … [Read more...]
Columbus Mortgage Rates: 8-0….yawn!!!! (again)
December 10, 2009 By Leave a Comment
Friends: The good news today to help make the mortgage market go against us is that the exports were larger than expected helping to close the trade deficit gap thus pushing mortgage rates up. We … [Read more...]
Columbus Mortgage Rates: 8-0….yawn!!!!
December 8, 2009 By Leave a Comment
Friends: The mortgage markets are going our direction this morning because of a shakeup in the world markets but not enough to push mortgage rates down. We are close, though. The US stock market … [Read more...]
Columbus Mortgage Rates: 8-(…..yuck!!!!
December 4, 2009 By Leave a Comment
Friends: Unemployment came out this morning and it was better than was expected. That good news about the economy made mortgage rates go up this morning. Thanks!!! Steve Mortgage Tip of the … [Read more...]
Columbus Mortgage Market: Little 8-(……Oh well!!!!
December 3, 2009 By Leave a Comment
Friends: Not much happening in the markets today. Everything is pretty much flat from yesterday except FHA. Thanks!!! Steve Mortgage Tip of the Day: Funds for the down payment on a house must … [Read more...]
Columbus Mortgage Market: 8-)….Yeah!!!
December 1, 2009 By Leave a Comment
Friends: The weak economy is still driving mortgage rates down. How low can we go? Thanks!!! Steve Mortgage Tip of the Day: Every loan we make through Freddie Mac and Fannie Mae, we are … [Read more...]
Columbus Mortgage Rates: Little 8-)…..Yessirree!!!
November 30, 2009 By Leave a Comment
Friends: The markets are doing just fair this morning. The world seems to be focusing on the country of Dubai defaulting on a huge debt which will make a negative ripple affect on the world’s … [Read more...]
Columbus Mortgage Market: 8-0….Yawn!!! Still full of turkey!!!
November 27, 2009 By Leave a Comment
Friends: The markets are open, not much happening on Black Friday. Thanks!!! Steve Mortgage Tip of the Day: Social Security is also not taxable through the Federal and State Government therefore … [Read more...]
Columbus Mortgage Rates: 8-0….Yawn!!!! But it's a nice place to be yawning. Have a Happy Thanksgiving!!!
November 25, 2009 By Leave a Comment
Friends: The economy is still in the dumpers. Even though the official numbers showed a plus for the third quarter, it probably just reflected the “cash for junkers” program and the first time … [Read more...]
Columbus Mortgage Market: 8-)…..Nice little Thanksgiving present!!!!
November 24, 2009 By Leave a Comment
Friends: A poor economy is pushing mortgage rates down. This exact thing happened one year ago today, Tuesday before Thanksgiving. This 30 year fixed equals the low we hit last summer. Thanks!!! … [Read more...]
Columbus Mortgage Rates: 8-0…..Yawn!!! Is it Thanksgiving yet?
November 23, 2009 By Leave a Comment
Friends: This could be a slow week. One year ago tomorrow, mortgages rates dropped to 4.875% and the refinance market exploded. It’s been one full year. Thanks!!! Steve Mortgage Tip of the … [Read more...]
Columbus Mortgage Market: 8-0…..yawn!!!! Someone wake me when this ends.
November 20, 2009 By Leave a Comment
Friends: This has got to be the most boring week in ages. No movement either direction. Thanks!!! Steve Mortgage Tip of the Day: One of the rules Freddie Mac and Fannie Mae have to determine a … [Read more...]
Columbus Mortgage Rates: 8-0….Yawn!!! Another boring day in mortgage loan land.
November 19, 2009 By Leave a Comment
Friends: The market is going in our favor this morning. Not enough to make rates change down. Stock market is down, bond market in our favor, crude oil down, dollar up. All the indicators which … [Read more...]
Columbus Mortgage Market: 8-0….yawn!!!!
November 18, 2009 By Leave a Comment
Friends: Not much happening today in the financial world. Rates are the same as yesterday with no movement. 30 year fixed still in the 4%’s. Thanks!!! Steve Mortgage Tip of the Day: A new … [Read more...]
Columbus Mortgage Rates: 8-0….yawn!!!!
November 17, 2009 By Leave a Comment
Friends: The market went in our favor dramatically yesterday afternoon but fell back against us this morning. Things are the same as yesterday. Thanks!!! Steve Mortgage Tip of the Day: The … [Read more...]
Columbus Mortgage Market: 8-0….Yawn!!!!
November 16, 2009 By Leave a Comment
Friends: The economy is still in the dull drums keeping mortgage rates down. That is just about the only good part about a recession is mortgage rates are low. We are going into our second year of … [Read more...]
Columbus Mortgage Rates: 8-)….Nice way to end the week.
November 13, 2009 By Leave a Comment
Friends: The news today that seemed to force mortgage rates down was the trade deficit for September widened by the most in a decade. As you know, bad economic news makes mortgages rates go … [Read more...]
Columbus Mortgage Market: 8-)…..Yes!!!
November 10, 2009 By Leave a Comment
Friends: The Fed’s are getting ready to sell a bunch of 10 year Treasury Bonds making the supply go up, demand down. This will force rates down. Thanks!!! Steve Mortgage Tip of the Day: Rent … [Read more...]
Columbus Mortgage Market: 8-)……Yessirree!!! Recessions are our friend.
November 6, 2009 By Leave a Comment
Friends: Unemployment came out this morning and it was the worse since 1983. Crude Oil is also down this morning along with the stock market. As you know, bad economic news makes mortgage rates go … [Read more...]
Columbus Mortgage Market: 8-(….ugh!!!!
November 4, 2009 By Leave a Comment
Friends: Investors rushed into stocks after stronger reports on service industries and employment eased two of the biggest worries about the economy. Mortgage Backed securities were sold thus making … [Read more...]
Columbus Mortgage Market: :-0….yawn…..Another boring day in mortgage loan land!!!!
October 28, 2009 By Leave a Comment
Friends: Again, another day with not much happening in the market. The weird part about all of this is that crude oil is going up with a low driving demand. What’s up with that? Thanks!!! … [Read more...]
Columbus Mortgage Rates: :-0….yawn!!!!
October 27, 2009 By Leave a Comment
Friends: The markets are moving in our direction this morning but not enough to make interest rates go down. Thanks!!! Steve Mortgage Tip of the Day: 34 days until the first time homebuyer $8,000 … [Read more...]
Columbus Mortgage Market: 8-)….finally!!!!
October 20, 2009 By Leave a Comment
Friends: Housing starts for September came out this morning and they were much less than expected indicating the economy is still not on track. This pushed mortgage rates down today. Thanks!!! … [Read more...]
Columbus Mortgage Rates: 8-0…..ending the week with a Yawn!!!!
October 16, 2009 By Leave a Comment
Friends: A bunch of corporate earnings came out today that were not good. That bad news indicated a not to great economy yet. Not enough to push rates down but we are going the right direction. … [Read more...]
Columbus Mortgage Market: 8-(…..ugh!!!
October 15, 2009 By Leave a Comment
Friends: Miserable day in the market. New jobless claims came out today and they were the lowest since January of 2009. This is viewed as good news and good economic news makes mortgage rates go … [Read more...]
Columbus Mortgage Rates: 8-(…..it couldn't last
October 10, 2009 By Leave a Comment
Friends: The Market is headed against us as we head into the weekend. Thanks!!! Steve Mortgage Tip of the Day: A customer can choose not to escrow their taxes and insurance with a loan as long as … [Read more...]
Columbus Mortgage Markets: 8-)…..we love this!!!!
October 8, 2009 By Leave a Comment
Friends: The market is going in our favor this morning, can’t give you a good reason why but it is. Rates came down some this morning. Thanks!!! Steve Mortgage Tip of the Day: In our rate … [Read more...]
Columbus Mortgage Rates: 8-(…..it couldn't last forever, I guess but still good.
October 7, 2009 By Leave a Comment
Friends: Because some good news came out about the economy this week it is perking up the economy some making mortgages to Drift up slightly. It happened today with 15 years and FHA. Thanks!!! … [Read more...]
Columbus Mortgage Rates: :–O… Eveything is holding today
July 27, 2009 By Leave a Comment
Friends, Tomorrow’s release of June's New Home Sales that gives us a measurement of housing sector strength and mortgage credit demand. It is expected to show an increase in sales of newly … [Read more...]
Columbus Mortgage Rates: :-O….Yawn!!!
July 16, 2009 By Leave a Comment
Friends Rates got worse yesterday afternoon but rebounded this morning so everything is the same as yesterday. Wish I could give you a good reason why all that happened in the past 24 hours, but we … [Read more...]
Columbus Mortgage Market: :-O….Yawn!!!
July 13, 2009 By Leave a Comment
Friends As I was looking for information as to why the market stayed the same today, I noticed that Money Magazine named the best 100 small towns to live in in America, #15 (brace yourself) is … [Read more...]
Columbus Mortgage Rates: :-O…Yawn!!!! (…and yawn is just fine with me)
July 8, 2009 By Leave a Comment
Friends Again this morning, all the markets are basically flat. The only significant movement is crude oil going down again this morning over $1.00 a barrel…..I always love that. I think all the … [Read more...]
Columbus Mortgage Rates: :-O…yawn!!!! (But I will never complain about a "yawn" again.)
June 25, 2009 By Leave a Comment
Friends Rates did improve some this morning but not enough to get a rate change yet. Yesterday afternoon the Fed’s felt the economy was slightly improving (good news, does not help us out) but they … [Read more...]
Columbus Mortgage Rates: :-(….hmmmm. That was quick!!!
June 18, 2009 By Leave a Comment
Friends Leading economic indicators showed more positive news than was expected. That made mortgage rates go up yesterday afternoon. As you remember, good news and inflation makes mortgage rates go … [Read more...]
Columbus Mortgage Rates: :-)…yes sir!! And the winners of the drawing are…..
June 17, 2009 By Leave a Comment
Friends For those of you who read the ENTIRE email yesterday, you know that we had a gas card drawing for 20 folks for a $10 gas card from Super America. Here are yesterday’s winners: Dan Sell, … [Read more...]
Columbus Mortgage Market: :-(…..I was really getting into boring!!!
June 8, 2009 By Leave a Comment
Friends Friday afternoon was an awful time with rates jumping every hour. It appears things have stabilized this morning even going slightly in our favor. I sure hope the party isn’t over with … [Read more...]
ColumbusMortgage Rates: :–O….Yawn!!!
May 26, 2009 By Leave a Comment
Friends The market started out in our favor this morning with the Asian markets starting bad due to the North Korean nuclear tests but since then a Consumer Confidence Report came out showing … [Read more...]
Columbus Mortgage Rates: :-(…..oh well!!
May 18, 2009 By Leave a Comment
Friends Not much happening this morning in the market. Money is flowing to Ford, Honda and the remaining car companies. 30 year fixed did improve this morning but not enough to bring us down to … [Read more...]
Columbus Mortgage Rates: :-) and :-(….Weird day!!!
May 15, 2009 By Leave a Comment
Friends Another “first” today. 30 year fixed goes up and the 15 year fixed goes down. Can’t say I’ve ever seen that before. This entire economic situation in this country is such a mess … [Read more...]
Columbus Mortgage Market: :-)…super big smile!!! April 2, 1953, here we come (we hope).
May 13, 2009 By Leave a Comment
Friends This morning, retail sales came out and it was worse than expected. As you know, bad news makes mortgage rates go down. We have now equaled again the low we have experienced during the … [Read more...]
Columbus Mortgage Rates: :-)…Yes sir!!! My favorite number is "4".
May 12, 2009 By Leave a Comment
People The market went in our favor yesterday afternoon and again this morning forcing the 30 year fixed rate down to below 5% again. My concern is crude oil prices increasing along with gas … [Read more...]
Columbus Mortgage Market: :-)…big ole smile!!!
April 28, 2009 By Leave a Comment
Friends, Well, that was certainly an eye opening experience getting your feedback on the “You know you’re from Columbus when….” series. 95% of you said, add the segment and don’t leave … [Read more...]
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