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: 8-0….yawn!!!!
November 12, 2009 By Leave a Comment
Friends: The market this morning is pretty much flat in every direction including mortgage rates. Thanks!!! Steve Mortgage Tip of the Day: Recently this year, Fannie and Freddie are now requiring … [Read more...]
Columbus Mortgage Rates: 8-(…..darn!!!
November 11, 2009 By Leave a Comment
Friends: Even though it’s a Federal Holiday, the markets are open and they did not go in our direction. Fixed rates moved up a bit. Thanks!!! Steve Mortgage Tip of the Day: Even though today … [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 Rates: :-0….yawn!!!!
November 9, 2009 By Leave a Comment
Friends: The market didn’t move this morning either direction. Things are the same from Friday. Thanks!!! Steve Mortgage Tip of the Day: Effective this morning, The Arlington Bank has decided … [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 Rates: 8-0….yawn!!!!
November 5, 2009 By Leave a Comment
Friends: No movement in today’s rates and pricing. Things are still holding. Thanks!!! Steve Mortgage Tip of the Day: It appears the first time home buyer tax credit will be extended for a few … [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!!!
November 3, 2009 By Leave a Comment
Friends: No movement again today. Thanks for reading. Thanks!!! Steve Mortgage Tip of the Day: On all of our loans, conventional, FHA, VA, portfolio, we telephone verify that borrower is still … [Read more...]
Columbus Mortgage Rate: 8-)…..nice!!!!!
November 2, 2009 By Leave a Comment
Friends: This is one of those days where I don’t have a clue as to why rates are down but they are. Oh well. Thanks!!! Steve Mortgage Tip of the Day: The Arlington Bank now has DE (Direct … [Read more...]
Columbus Mortgage Markets: :-0….yawn…..
October 30, 2009 By Leave a Comment
Friends: Stocks are opening lower on today, erasing some of the big gains racked up yesterday, but not enough of a move to change rates today. Have a great weekend! Thanks!!! Steve Mortgage Tip of … [Read more...]
Columbus Mortgage Rates: Little 8-)……better than nothing!!!
October 29, 2009 By Leave a Comment
Friends: The market started moving our direction again this morning when rates come out but has since switched against us. Still a crazy place out there. Thanks!!! Steve Mortgage Tip of the … [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: :-0….Yawn!!!!
October 26, 2009 By Leave a Comment
Friends: The market looks pretty flat this morning. Not much movement in the mortgage markets. Thanks!!! Steve Mortgage Tip of the Day: It was brought to my attention last week that finally … [Read more...]
Columbus Mortgage Rates: :-0….Yawn!!!! (that is "eyes", "nose" and "mouth opening into a yawn". I've had to explain this a lot to folks)
October 23, 2009 By Leave a Comment
Friends: The market is absolutely flat again this morning. No movement either direction on any of our programs. Thanks!!! Steve Mortgage Tip of the Day: FHA will not do a loan on a condo complex … [Read more...]
Columbus Mortgage Rates: 8-(….well, that didn't last long.
October 21, 2009 By Leave a Comment
Friends: Well, that didn’t last long. It appears some more bank earnings came out this morning and many others did better than expected. The roller coaster continues. Thanks!!! Steve Mortgage … [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 Market:
October 13, 2009 By Leave a Comment
Friends: Tuesday's bond market has opened well in positive territory following last week's sell-off. Rates are expected to remain steady today. Thanks!!! Steve Mortgage Tip of the Day: With the … [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 Market: 8-O….yawn!!!!
October 6, 2009 By Leave a Comment
Friends: Everything is holding this morning. The market is generally slipping against us but not enough to make rates go up yet. Thanks!!! Steve Mortgage Tip of the Day: The Arlington Bank offers … [Read more...]
Columbus Mortgage Rates: 8-O….yawn!!!
October 5, 2009 By Leave a Comment
Friends: The market is holding firm today from Friday’s Mortgage rate drop. Thanks!!! Steve Mortgage Tip of the Day: The $8,000 tax credit has 60 days to go. Get those renters in … [Read more...]
Columbus Mortgage Market: Correction….still 8-)…..Great news….rates in the 4%'s.
October 2, 2009 By Leave a Comment
Friends: Lots of bad news this week came out forcing mortgage rates down. We are now under 5%. Thanks!!! Steve Mortgage Tip of the Day: Conventional financing has always had the rule that the … [Read more...]
Columbus Mortgage Rates…8-O….yawn again!!!!
October 1, 2009 By Leave a Comment
Friends: Jobless claims came out this morning and they were higher than anticipated. That bad news made mortgage rates drift our direction. Still, not enough to make rates fall to the next .125% … [Read more...]
Columbus Mortage Market 8-O….yawn!!!!
September 30, 2009 By Leave a Comment
Friends Again, no movement in mortgage rates today. The market is generally in our direction but very slow and not enough to make rates drop today. Stock market is still down, crude is … [Read more...]
Columbus Mortgage Rates: 8-O…Yawn!!!
September 29, 2009 By Leave a Comment
Friends No movement today either direction. Thanks!! Steve Mortgage Tip of the Day: We got the word last weekend the state reallocated some more MCC for non targeted areas. Who knows how long … [Read more...]
Columbus Mortgage Rates… 8-0….Yawn!!! ….and I'm OK with yawn, too.
September 28, 2009 By Leave a Comment
Friends The markets moved slightly in our direction this morning but not enough to have a rate drop yet. We are hoping this continually slides so we are back in the 4’s. There seems to be a … [Read more...]
Columbus Mortgage Rates: 8-O….Yawn!!!
September 24, 2009 By Leave a Comment
Friends Not much change in mortgage rate land. The Fed concluded their meeting yesterday with words of extending the time frame within which they are purchasing mortgage-backed securities due to the … [Read more...]
Columbus Mortgage Rates: 8-O…..yawn!!!
September 18, 2009 By Leave a Comment
Friends The market was going against us this morning but didn’t have any affect on our rates. Doesn’t make much sense. Overall we are at the same spot we were on Monday, no movement this week. … [Read more...]
Columbus Mortgage Rates: 8-)….little smile!!!
September 17, 2009 By Leave a Comment
Friends The market took a slight drift down this morning. Remember we are having a special on purchases loan, .125% off on fixed rate purchases except Bond Money and FHA loans. Thanks!! … [Read more...]
Columbus Mortgage Market: 8-0….yawn!!!
September 16, 2009 By Leave a Comment
Friends The market is pretty well flat today. It’s improved this morning right off the bat but at 10am this morning it started moving against us dramatically. Things are the same. Thanks!! … [Read more...]
Columbus Mortgage Rates: 8-(….hmmmmm!!!
September 14, 2009 By Leave a Comment
Friends The market went against up this morning. It isn’t clear why. I read a complicated reason about new treasury offerings coming. Analyzing the market is usually difficult. Thanks!! … [Read more...]
Columbus Mortgage Rates: 8-)….nice way to end another week!!!
September 11, 2009 By Leave a Comment
Friends It appears reports from the far East show their economies are not as strong as once thought and money is moving from their markets to a more safe markets like the US Mortgage backed … [Read more...]
Columbus Mortgage Market: 8-)….yes sir!!!
September 10, 2009 By Leave a Comment
Friends The market is pretty flat this morning. Not much movement. A slight decrease on the 15 year fixed but it’s been bouncing around for a couple weeks. Mortgage Tip of the Day: As of July … [Read more...]
Columbus Mortgage Market: 8-0….yawn!!!! (and I'm fine with yawn)
September 9, 2009 By Leave a Comment
Friends Nothing happening in the markets, things are generally flat. Mortgage Tip of the Day: When a customer applies for a loan we are required to ask him for voluntary information on sex, race … [Read more...]
Columbus Mortgage Rates: 8-(….ugh!!!
September 8, 2009 By Leave a Comment
Friends The market starting turning against us last Friday afternoon and continue slightly this morning. I don’t have a good reason by this is happening but it is what it is. Mortgage Tip of the … [Read more...]
Columbus Mortgage Market: 8-)….ending a nice week!!!
September 4, 2009 By Leave a Comment
Friends Unemployment came out this morning which always makes the market jitter. It turns out, the unemployment was up which is sad news helping out mortgage rates slightly. Thanks!! … [Read more...]
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 … [Read more...]
Columbus Mortgage Rates: 8-)….little smile again!!!
September 2, 2009 By Leave a Comment
Friends The market is still going in our favor. Money is flowing into mortgage backed securities from our stock market and from the China Markets. Fortunately, it is still helping us out. Who … [Read more...]
Columbus Mortgage Market: 8-)…..another nice day!!!
September 1, 2009 By Leave a Comment
Friends Not much happening in the market this morning. This decrease in rate occurred yesterday afternoon. Thanks!! Steve Mortgage Tip of the Day: Tax proration credits are given from the … [Read more...]
Columbus Mortgage Rates: 8-O…yawn!!!! Ending a boring week.
August 28, 2009 By Leave a Comment
Friends, Another boring day in the market. Nothing moving either direction. Thanks!! Steve Mortgage Tip of the Day: Remember, the $8,000 tax credit ends soon unless we get an extension. Loans … [Read more...]
Columbus Mortgage Rates: 8-)….
August 26, 2009 By Leave a Comment
Friends, The bond market is nearly unchanged from yesterday's closing level so things remain steady. Thanks!! Steve Mortgage Tip of the Day: There are just 100 Days left for the $8000 1st time … [Read more...]
Columbus Mortgage Market: 8-)…yipee!!!
August 25, 2009 By Leave a Comment
Friends, The market starting turning around yesterday afternoon our direction and continued this morning. One more day of “You know you’re from Columbus when….” Thanks!! Steve Mortgage … [Read more...]
Connect with Us