Columbus Mortgage Rates: Little 8-(..Oh boy!

May 25, 2010 by Steve Wagner · Leave a Comment 

Global markets are suffering this morning over the Greece debt along with tensions between North and South Korea. This is forcing the stock market down along with crude oil but the dollar is getting stronger. Are we headed to a bearish market? Spend, spend, spend!!!! MORTGAGE TIP OF THE DAY: On the first day of [...]

Columbus Mortgage Market: 8-(….dang!!!

March 12, 2010 by Steve Wagner · Leave a Comment 

Friends: Rates went up a bit this morning. February consumer sales came out and it was higher than expected indicating confidence in the economy. Thanks!!! Steve MORTGAGE TIP OF THE DAY: Recently, most PMI companies have determined that Franklin County is NOT in a “restricted market” (aka Declining Market). What that means is now they [...]

Columbus Mortgage Rates: 8-)….been a while for that smile!!!!

March 9, 2010 by Steve Wagner · Leave a Comment 

Friends: Rates drifted down this morning. According to the experts, money is flowing from the stock market to a safer place in Government Securities. Thanks!!! Steve MORTGAGE TIP OF THE DAY: In using gift funds for a down payment, we must do 4 steps to make it work: 1, get a gift letter from the [...]

Columbus Mortgage Market: Little 8-)…..it’s something!!!!

February 12, 2010 by Steve Wagner · Leave a Comment 

Friends: The stock market sell off today due to European and Asian financial jitters looked for a safe haven in mortgage backed securities. This made rates drift down slightly this morning. Thanks!!! Steve MORTGAGE TIP OF THE DAY: It is impossible to get PMI insurance on the purchase of a property if the seller obtained [...]

Columbus Mortgage Market: 8-0….yawn!!!!

February 4, 2010 by Steve Wagner · 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 down yet. The stock market is down right now, crude oil way down, bond market in our favor and [...]

Columbus Mortgage Rates: 8-0….yawn!!!! Not today!!!

January 26, 2010 by Steve Wagner · Leave a Comment 

Friends: The market was in our favor this morning due to Asian markets stumbling overnight but not enough to make our rates go down. Fortune Magazine this morning is talking about the 4 new asset bubbles that are hovering. (The last was the housing market two years ago). They are now worried about gold, oil, [...]

Columbus Mortgage Market: 8-0….Yawn!!!! Sleepy Bank Holiday!!!

January 18, 2010 by Steve Wagner · Leave a Comment 

Friends: The markets are closed today but some of our investors are changing rates based on the end of the day Friday. Unfortunately, “Fact or Crap” will be going away in the latter part of January. (4 more to go) Oh, what the heck, we haven’t done this for quite a while (since I was [...]

Columbus Mortgage Rates: 8-)…..Yes siree!!!!

January 15, 2010 by Steve Wagner · 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, “Fact or Crap” will be going away in the middle of January. (5 more to go) Thanks!!! Steve MORTGAGE TIP OF THE DAY: Fannie [...]

Columbus Mortgage Rates: Little more 8-(

December 22, 2009 by Steve Wagner · 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. Mortgage rates are up. Thanks!!! Steve Mortgage Tip of the Day: You can opt out of “pre-approved” credit offers at http://www.ftc.gov/privacy/protect.shtm Thought of the Day: [...]

Columbus Mortgage Rates: 8-0….yawn!!!!

December 8, 2009 by Steve Wagner · 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 is selling off as the other markets around the world are doing. Those funds are going into safe places such as [...]

Next Page »