Rates improved yesterday when Obama announced the $4 trillion dollar reduction of the deficit. Rates didn’t drop enough to make things go down .125% but in the right direction. MORTGAGE TIP OF … [Read more...]
Columbus Mortgage Market Update
April 11, 2011 By Leave a Comment
The market is holding this morning but crude oil is up against this morning almost $2.00 a barrel. MORTGAGE TIP OF THE DAY: We are required by Freddie Mac/Fannie Mae and FHA to verify before … [Read more...]
Columbus Mortgage Market
March 2, 2011 By Leave a Comment
Everything is about the same this morning on the money front. Rates are the same, nothing up or down. The Libya situation isn’t going either direction at the moment. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Market: Little frown!!
February 16, 2011 By Leave a Comment
Rates are up a little this morning. The reason the analyst are saying is inflation. The core inflation numbers are cause the drift from bonds making our rates go up. MORTGAGE TIP OF THE DAY: … [Read more...]
Columbus Mortgage Market: Let’s hear it for the Egyptians!
February 14, 2011 By Leave a Comment
The market is going our direction this morning. The Egyptian crisis ending is helping out our rates. Also, have you checked the price of crude oil lately? It is also down substantially which is … [Read more...]
Columbus Mortgage Rates
February 3, 2011 By Leave a Comment
Everything stayed the same this morning. Things are still in ciaos in Egypt. Someone emailed me a few safety tips that I found interesting and useful. I thought I would share them with you over … [Read more...]
Columbus Mortgage Market
January 25, 2011 By Leave a Comment
The market is holding steady today. THINK ABOUT THIS!!! On the 60’s people took acid to make the world weird. Now the world is weird and people take Prozac to make it normal. MORTGAGE TIP … [Read more...]
Columbus Mortgage Market
January 21, 2011 By Leave a Comment
The market got worse yesterday afternoon and better this morning, the net is same as yesterday. It’s a real roller coaster out there. THINK ABOUT THIS!!! All of us could take a lesson from … [Read more...]
Columbus Mortgage Rates: Yawn!!
January 3, 2011 By Leave a Comment
This morning’s new addition to my email is “Life Little Instructions”. This is an introspective instruction on things we should do to help get us through life better. I hope this … [Read more...]
Columbus Mortgage Rates: I’m just fine with boring!
December 22, 2010 By Leave a Comment
Population growth has come out for this last decade and here are the LEAST popular states: 1. Michigan -.6% 2. Rhode Island +.4% 3. Louisiana +1.4% 4. … [Read more...]
Columbus Mortgage Market
December 21, 2010 By Leave a Comment
Yesterday afternoon names starting moving up along with crude oil. This morning things has eased off a bit. THINK ABOUT THIS!!! What’s the definition of a will? (It’s a dead … [Read more...]
Columbus Mortgage Market: Geez Louise, make it stop!
December 2, 2010 By Leave a Comment
There are probably 6 different economic situations happening in the past 24 hours affecting the U.S. and World money markets, all making mortgage rates crazy. Half of these situations I can’t … [Read more...]
Columbus Mortgage Market: Finally!
November 30, 2010 By Leave a Comment
Rates drifted down this morning but this time enough to make rates trip to the next .125%. There is an old saying in the mortgage business: Rates go up in a hurry, down very slowly. That certainly … [Read more...]
Columbus Mortgage Rates: Looking good
August 9, 2010 By Leave a Comment
The market is in our favor. The Fed’s are considering again buying mortgage backed securities which would force mortgage rates down in order to spur the economy. My goodness!!! Go out there and … [Read more...]
Columbus Mortgage Market: What a week!
August 6, 2010 By Leave a Comment
More bad economic news this morning made rates flow in our direction but not enough to make rates drift down to the next .125%. Go out there and sell something today. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Rates: Isn’t this wild?
August 5, 2010 By Leave a Comment
The jobless rate came out this morning and it was worse than expected making mortgage rates go down. Go out there and sell something today. MORTGAGE TIP OF THE DAY: Remember, Fannie Mae and … [Read more...]
Columbus Mortgage Market: Yippy Skippy!
August 4, 2010 By Leave a Comment
We had a slight drift down this morning enough to make the 30 year fixed to go down. The big report is Friday showing jobs for last month. That could make mortgage rates go either direction. Go … [Read more...]
Columbus Mortgage Rates: ..and I’m fine with that.
August 3, 2010 By Leave a Comment
Factory order and pending home sales for last quarter came out this morning and is affecting rates. Pricing improved but not enough to make rates go down. Go out there and sell something … [Read more...]
Columbus Mortgage Market: Hmmmm!!
August 2, 2010 By Leave a Comment
The mortgage market opened up against us this morning which is also making the stock market go up, crude oil go up and the dollar down. Go out there and sell something today. MORTGAGE TIP OF … [Read more...]
Columbus Mortgage Market: Oh well!
July 27, 2010 By Leave a Comment
Several large corporations showed higher earnings than expected indicating an improving economy therefore making mortgage rates go up. Remember, bad economies make mortgage rates goes go down, good … [Read more...]
Columbus Mortgage Rates: Yawn!
June 30, 2010 By Leave a Comment
Everything is holding steady for the rates of this week. Still lots of uncertainly in the European Markets forcing money to the US in mortgage backed securities. How weird is this? Go out there … [Read more...]
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 … [Read more...]
Columbus Mortgage Rates: Can you find my joke?
June 10, 2010 By Leave a Comment
The market is going against us this morning. The European markets seem to be settling down with money flowing back to theirs. Go out there and sell something today. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Market: ..Yawn!
June 7, 2010 By Leave a Comment
The market is still going in our favor. We are in the solid 4’s% everywhere or better. Go out there and sell something today. MORTGAGE TIP OF THE DAY: There are many levels of rules in … [Read more...]
Columbus Mortgage Market: They finally came out
June 1, 2010 By Leave a Comment
News is still poor out of Europe concerning Greece’s economic situation. Not only in Europe are there problems but 7 U.S. cities have had their municipal bonds down graded to JUNK and on the verge … [Read more...]
Columbus Mortgage Market: God I love this!!
May 20, 2010 By Leave a Comment
The European/Greece situation continues to get worse which helps us out. Rates continue to drop. Crude Oil is also going down. Who would have guessed this mess would be helping us out? Remember … [Read more...]
Columbus Mortgage Rates: Little Smile..and I’m very fine with that!!
May 13, 2010 By Leave a Comment
The market is in our favor this morning. Anyone notice that finally gasoline prices are drifting down since Crude Oil has down dramatically? Crude Oil is down another $1.50 a barrel … [Read more...]
Columbus Mortgage Rates: 8-)…Yippy Skippy!!!! How long will this last?
April 19, 2010 By Leave a Comment
Friends: We aren’t quite getting this one today, rates came down and we don’t have a good reason why. Crude is also down little less than $2.00 a barrel. Thanks!!! Steve MORTGAGE … [Read more...]
Columbus Mortgage Market: 8-O…Yawn
April 16, 2010 By Leave a Comment
Friends: Unfortunately, the market again is NOT in our favor including crude oil. Just got a text from Meijer their gasoline prices are going up this afternoon. Thanks!!! Steve MORTGAGE … [Read more...]
Columbus Mortgage Rates: 8-0….Yawn!!!!
April 15, 2010 By Leave a Comment
Friends: Unfortunately, the market again is NOT in our favor including crude oil. Just got a text from Meijer their gasoline prices are going up this afternoon. Thanks!!! Steve MORTGAGE TIP … [Read more...]
Columbus Mortgage Market: 8-(…Well that didn’t last long!!!!
April 14, 2010 By Leave a Comment
Friends: The market is not in our favor this morning with a small increase in rates. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether a condo complex is … [Read more...]
Columbus Mortgage Rates: 8-)…Yippy Skippy!!!!
April 13, 2010 By Leave a Comment
Friends: Rates fell this morning. Trade deficits for the U.S. came out for February and it was down. This bad economic news made mortgage rates go down. Thanks!!! Steve MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Market: 8-0….yawn!!!
April 12, 2010 By Leave a Comment
Friends: The market is with us slightly this morning. Not enough, though, to make rates go down. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether a condo … [Read more...]
Columbus Mortgage Rates: 8-0…Yawn!!!!
April 9, 2010 By Leave a Comment
Friends: The market is slightly against us this morning but not enough to make rates go up. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether a condo … [Read more...]
Columbus Mortgage Market: 8-)….Yippy Skippy!!!
April 8, 2010 By Leave a Comment
Friends: The market went in our favor yesterday afternoon and again this morning. Rates are down .125%. Thanks!!! Steve MORTGAGE TIP OF THE DAY: The question keeps coming up as to whether … [Read more...]
Columbus Mortgage Rates: 8-0…Yawn!!!! Still stable. (wish gasoline would stay stable)
April 7, 2010 By Leave a Comment
Friends: The market is slightly in our favor this morning but not enough to make any of the lending rate options to go down. We are fortunate that the Fed’s not buying mortgage backed securities … [Read more...]
Columbus Mortgage Market: 8-) and 8-(…….Weird!!!
March 29, 2010 By Leave a Comment
Friends: The markets look pretty stable this morning. We had an unusual situation where some rates went up, some rates when down. Weird situation. Thanks!!! Steve MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Rates: Little 8-(……Geez Louise!!!!
February 11, 2010 By Leave a Comment
Friends: This is one of these days where we are scratching our heads trying to understand the money. The bond market is dramatically in our favor but did not affect mortgage rates in fact, 15 year … [Read more...]
Columbus Mortgage Market: 8-)…..finally!!!!
February 8, 2010 By Leave a Comment
Friends: The market is slightly against us this morning but the market drifted down Friday afternoon to give us a break in rates today. Thanks!!! Steve MORTGAGE TIP OF THE DAY: There … [Read more...]
Columbus Mortgage Rates: 8-0….yawn!!!!
February 5, 2010 By Leave a Comment
Friends: It’s clear again today why rates are in our favor but the good news is, they are. Thanks!!! Steve MORTGAGE TIP OF THE DAY: There are several reasons why a condo complex … [Read more...]
Columbus Mortgage Market: 8-0….yawn!!!!
February 4, 2010 By Leave a Comment
Friends: This morning people who applied for unemployment the last week of January came out and it was much worse than expected. The market is going in our favor but not enough to make rates go … [Read more...]
Columbus Mortgage Rates: 8-0….yawn!!!!!
February 3, 2010 By Leave a Comment
Friends: The market is moving against us this morning but not enough to make rates go up yet. Thanks!!! Steve MORTGAGE TIP OF THE DAY: There are several reasons why a condo complex … [Read more...]
Columbus Mortgage Market: 8-0….Yawn!!!!
February 2, 2010 By Leave a Comment
Friends: The market is slightly in our favor this morning but not enough to make any movement in rates. Thanks!!! Steve MORTGAGE TIP OF THE DAY: There are several reasons why a condo … [Read more...]
Columbus Mortgage Market: 8-0….Yawn!!!!
January 29, 2010 By Leave a Comment
Friends: Friday's bond market has opened down again following stronger than expected results from some key economic data but there’s not enough movement to lower rates. Thanks!!! … [Read more...]
Columbus Mortgage Market: 8-0….Yawn!!!!
January 27, 2010 By Leave a Comment
Friends: The market is slightly in our favor this morning but not enough to make rates go down further. Thanks!!! Steve MORTGAGE TIP OF THE DAY: Freddie Mac and Fannie Mae are now requiring at … [Read more...]
Columbus Mortgage Rates: 8-)…..Yes siree!!!!
January 15, 2010 By Leave a Comment
Friends: The market went in our favor dramatically this morning. The entire case was JP Morgan Chase’s profits were down dramatically which caused the market to go in our favor. Unfortunately, … [Read more...]
Columbus Mortgage Rates: 8-0….Yawn!!!! (…and I'm delighted with "yawn" today)
January 7, 2010 By Leave a Comment
Friends: Market is flat, rates stayed the same. Unfortunately, “Fact or Crap” will be going away in the middle of January. (11 more to go) Thanks!!! Steve MORTGAGE TIP OF THE DAY: If a … [Read more...]
Columbus Mortgage Rates: 8-(….Well, that didn't last long!!!!
December 31, 2009 By Leave a Comment
Friends: November jobless claims came out and it was a 17 month low, that made mortgage rates go up slightly. As you know, good economic news makes mortgage rates go up. Well, being the impatient … [Read more...]
Columbus Mortgage Rates: Little 8-(….yuck!!!
December 29, 2009 By Leave a Comment
Friends: Nothing is making any sense why all this is happening. Small increase again today. Something new!!! Starting the first of the year I will be adding a new segment to my daily email. It … [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...]
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