Columbus Mortgage Rate Update

February 1, 2012 by Steve Wagner · Leave a Comment 

No movement in rates today. An important announcement is coming out Friday that could affect rates either direction. MORTGAGE TIP OF THE DAY: I haven’t done this for a while, let’s compare the differences between FHA and Conventional loans. That’s always useful: 1. FHA tends to have a lower rate than conventional. Usually by .125% [...]

Columbus Mortgage Rate Update

January 18, 2012 by Steve Wagner · Leave a Comment 

The markets are pretty much flat this morning. No movement either direction. Gold is down a small amount. The World Bank is warning of a worldwide recession. What else is new there? MORTGAGE TIP OF THE DAY: I haven’t done this for a while, let’s compare the differences between FHA and Conventional loans. That’s always [...]

Columbus Mortgage Rates Update

August 24, 2011 by Steve Wagner · Leave a Comment 

Generally, the markets are all rebounding from last week’s bad economic news where the S&P lowered the U.S.’s credit rating. That sent rates down to a historic level. The general mood is everyone is recovering from that news and rates are slowly drifting back up. The Bond Money decrease is a slow reaction to the [...]

Columbus Mortgage Market Update

May 25, 2011 by Steve Wagner · Leave a Comment 

The market recovered yesterday afternoon to the point of the previous day. The word I keep hearing on the radio is that a major oil refinery in the Midwest is down and that should shoot up the price of gasoline very soon. Buy gas NOW. MORTGAGE TIP OF THE DAY: The maximum loan amount for [...]

Columbus Mortgage Rates

January 20, 2011 by Steve Wagner · Leave a Comment 

The market improved yesterday afternoon but not enough to make rates go down an .125%. THINK ABOUT THIS!!! Health nuts are going to feel stupid someday, lying in hospitals, dying of nothing. MORTGAGE TIP OF THE DAY: The question keeps coming up as to the difference between FHA and Conventional. I will try to go [...]

Columbus Mortgage Rates: To me this is a smile

January 18, 2011 by Steve Wagner · Leave a Comment 

The market is moving against us this morning but not enough to make rates go up by .125% THINK ABOUT THIS!!! Give a person a fish and you feed them for a day, teach a person to use the internet and they won’t bother you for weeks. MORTGAGE TIP OF THE DAY: The question keeps [...]

Columbus Mortgage Rates: Geez Louise!

January 14, 2011 by Steve Wagner · Leave a Comment 

The market is way in our direction. The consumer price index came out this morning and it was worse than was expected. Bad economic news makes mortgage rates go down. THINK ABOUT THIS!!! Acupuncture is a jab well done. MORTGAGE TIP OF THE DAY: The question keeps coming up as to the difference between FHA [...]

Columbus Mortgage Market

January 13, 2011 by Steve Wagner · Leave a Comment 

The market had a slight improvement yesterday afternoon into this morning. THINK ABOUT THIS!!! Bakers trade bread recipes on a knead-to-know basis. MORTGAGE TIP OF THE DAY: The question keeps coming up as to the difference between FHA and Conventional. I will try to go through those differences over the next few days: 1. FHA [...]

Columbus Mortgage Market: happy!

January 11, 2011 by Steve Wagner · Leave a Comment 

The market has held this morning. Reports show financial trouble in Portugal helping out the US markets. THINK ABOUT THIS!!! A midget fortune-teller who escapes from prison is a small medium at large. MORTGAGE TIP OF THE DAY: The question keeps coming up as to the difference between FHA and Conventional. I will try to [...]

Columbus Mortgage Rates: Here we go!

October 14, 2010 by Steve Wagner · Leave a Comment 

Yesterday afternoon folks started buying mortgage backed securities which pushed the rates down yesterday afternoon and this morning. This caused a drop in rates. Go out there and sell something today. INTERESTING LIFE OBSERVATIONS: I think part of a best friend’s job should be to immediately clear your computer history if you die. MORTGAGE TIP [...]

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