Tamalewagon
Little Buddy
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MBS market and rates deteriorating.
Mortgage Market Update/Purchase and Refinance Mortgage info
- Thread starter Tamalewagon
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Tamalewagon
Little Buddy
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Happy Stormy Friday campers!
MBS market is doing its best to stay in the black. Rates are somewhat steady this morning so it is fairly safe to float your rate for now.
See the details in Friday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
MBS market is doing its best to stay in the black. Rates are somewhat steady this morning so it is fairly safe to float your rate for now.
See the details in Friday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Hope you all had a Merry Christmas celebrating Christ and family.
Not much movement in the MBS market and I would be surprised to see any the day after Christmas.
See the details in Tuesday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Not much movement in the MBS market and I would be surprised to see any the day after Christmas.
See the details in Tuesday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Happy Hump Day campers!
More positive movement in the MBS market. We should see lower cost per rate this morning. I would cautiously float your lock this morning to see where rates go.
See the details in Wednesday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
More positive movement in the MBS market. We should see lower cost per rate this morning. I would cautiously float your lock this morning to see where rates go.
See the details in Wednesday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
MBS market is down 16bps this morning. Nothing terrible but it might have a slight negative impact on cost per rate today if it does not improve.
See the details in Thursday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thursday's Rate Lock Advisory...click HERE
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Happy Friday campers! Not much movement in the MBS market this morning (-1bp). It's a good time to lock if you have an imminent purchase or refinance.
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Friday’s bond market has opened in negative territory, appearing to close out the year with a slight increase in mortgage pricing. Stocks are calm with the Dow up 16 points and the Nasdaq up 1 point. The bond market is currently down 9/32 (3.87%), which should push this morning’s mortgage rates approximately .125 of a discount point higher than Thursday’s early pricing.
Yesterday’s 7-year Treasury Note auction did not go as well as Wednesday’s 5-year Note sale. The benchmarks we use to gauge investor demand indicated a fairly weak interest in the securities. Bonds extended their morning losses slightly following the results announcement at 1:00 PM ET. However, it was not enough of a move to cause many lenders to issue revised pricing, meaning that move is being reflected in this morning’s rates.
Next week brings us a handful of relevant economic reports, including the “new month” releases that are considered highly important, such as the ISM manufacturing index and the Employment report. Activities start Wednesday, meaning there is plenty scheduled over just three days. Look for details on all of next week’s calendar in Sunday evening’s weekly preview.
If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Lock if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now...
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Friday’s bond market has opened in negative territory, appearing to close out the year with a slight increase in mortgage pricing. Stocks are calm with the Dow up 16 points and the Nasdaq up 1 point. The bond market is currently down 9/32 (3.87%), which should push this morning’s mortgage rates approximately .125 of a discount point higher than Thursday’s early pricing.
Yesterday’s 7-year Treasury Note auction did not go as well as Wednesday’s 5-year Note sale. The benchmarks we use to gauge investor demand indicated a fairly weak interest in the securities. Bonds extended their morning losses slightly following the results announcement at 1:00 PM ET. However, it was not enough of a move to cause many lenders to issue revised pricing, meaning that move is being reflected in this morning’s rates.
Next week brings us a handful of relevant economic reports, including the “new month” releases that are considered highly important, such as the ISM manufacturing index and the Employment report. Activities start Wednesday, meaning there is plenty scheduled over just three days. Look for details on all of next week’s calendar in Sunday evening’s weekly preview.
If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Lock if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now...
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Last edited:
Tamalewagon
Little Buddy
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- 3,510
Apologies as the link is inactive until we can get the security on it updated and relink to our website...
Tuesday's rate lock advisory:
Tuesday’s bond market is starting the new year in negative territory, erasing Friday’s gains. Stocks are also showing early losses, pushing the Dow lower by 8 points and the Nasdaq down 199 points. The bond market is currently down 17/32 (3.92%), which should bring mortgage rates back to Friday morning’s levels. If you saw an intraday improvement in rates before Friday’s early closing, you should see an increase in this morning’s pricing if the same size. The financial and mortgage markets were closed yesterday for the New Year’s Day holiday.
There is nothing of importance scheduled for release today, the only day of this shortened week without at least one item to drive the markets. The rest of the week will be quite busy with five monthly economic reports coming and the minutes from last month’s FOMC meeting. A couple of the week’s releases are considered to be highly influential to mortgage rates.
If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Lock if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now...
Tuesday's rate lock advisory:
Tuesday’s bond market is starting the new year in negative territory, erasing Friday’s gains. Stocks are also showing early losses, pushing the Dow lower by 8 points and the Nasdaq down 199 points. The bond market is currently down 17/32 (3.92%), which should bring mortgage rates back to Friday morning’s levels. If you saw an intraday improvement in rates before Friday’s early closing, you should see an increase in this morning’s pricing if the same size. The financial and mortgage markets were closed yesterday for the New Year’s Day holiday.
There is nothing of importance scheduled for release today, the only day of this shortened week without at least one item to drive the markets. The rest of the week will be quite busy with five monthly economic reports coming and the minutes from last month’s FOMC meeting. A couple of the week’s releases are considered to be highly influential to mortgage rates.
If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Lock if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now...
Tamalewagon
Little Buddy
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Happy Hump Day campers!
Wednesday’s bond market has opened in negative territory, partly due to stronger economic news. Stocks are also showing early losses with the Dow down 162 points and the Nasdaq down 90 points. The bond market is currently down 7/32 (3.06%), which should push this morning’s mortgage rates higher by approximately .250 of a discount point.
Lock now for any transaction closing in 45 days or less.
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Wednesday’s bond market has opened in negative territory, partly due to stronger economic news. Stocks are also showing early losses with the Dow down 162 points and the Nasdaq down 90 points. The bond market is currently down 7/32 (3.06%), which should push this morning’s mortgage rates higher by approximately .250 of a discount point.
Lock now for any transaction closing in 45 days or less.
For a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The link to our blog has been fixed.
Thursday morning started on shaky ground for the MBS market.
See the details in Thursday's Rate Lock Advisory...click HERE
For top 1% pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Thursday morning started on shaky ground for the MBS market.
See the details in Thursday's Rate Lock Advisory...click HERE
For top 1% pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
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- 3,510
Happy Friday campers!
Friday is starting on a bit of a seesaw with fluctuating rate improvements and deteriorations.
See the details in Friday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Friday is starting on a bit of a seesaw with fluctuating rate improvements and deteriorations.
See the details in Friday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
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- 3,510
Monday is starting off with a bang. The MBS market is 23 bps in the black which is a great start. This should translate to lower cost per rate today.
See the details in Monday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Monday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
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The MBS market got off to a rocky start this morning which continued yesterday afternoon's crumble but I am starting to see signs of positive activity. Hopefully this will give us a boost in the pricing this afternoon.
See the details in Tuesday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Tuesday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
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- 3,510
Good Morning campers. The MBS market is stable this morning +-0 bps but the stock market is currently up 72 points.
See the details in Wednesday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesday's Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
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- 3,510
The MBS market is in the black this morning +13 bps which should be reflected in mortgage rates shortly. Rates seem to be steady and on a shallow trail of improvement which is great news for those of you looking to purchase or refinance. Give us a call today for pricing on your scenario.
See the details in Thurdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thurdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
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The MBS market is continuing on its improvement path this morning +11 bps. Give us a call today for pricing on your scenario.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
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Good Morning camper! I hope you enjoyed your 3 day weekend.
Altanta Fed President Bostic recently spoke and said inflation must be firmly in the 2% range before they begin cutting rates. He felt it would be a bad outcome if they started to ease now. He also feels the conflict in the Red Sea is going to impact inflation. Meanwhile, back at the ranch...
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Altanta Fed President Bostic recently spoke and said inflation must be firmly in the 2% range before they begin cutting rates. He felt it would be a bad outcome if they started to ease now. He also feels the conflict in the Red Sea is going to impact inflation. Meanwhile, back at the ranch...
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
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- 9,535
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- 3,510
MBS and stock markets taking a bit of a beating this morning. Not the best day to lock rates...
See the details in Wednesday Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesday Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
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- 3,510
The MBS and bond markets are down a little this morning BUT a bit of good news for the future...Builders are optimistic for 2024. Building permits, which is the future supply, rose 2% to 1.5M unit annualized pace and are now up 6% year over year.
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
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- 3,510
MBS market is rebounding a few bps. Inflation increases have come down a little. The 1 year inflation expectation went from 3.1% to 2.9% which hopefully triggers the FED to begin lowering their rate. Time will tell...
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Monday is off to a good start. The MBS market is up 17bps which should be reflected in the mortgage pricing shortly.
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
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Some new laws that might help new home buyers...
www.scottwenhe.com
Blog | Wenhe Mortgage&Realty
Members of Congress want to make a new law that stops big investment companies, known as hedge funds, from buying and owning houses. They introduced a bill called the End Hedge Fund Control of American Homes Act of 2023. This law says that hedge funds must sell the houses they have owned for...
www.scottwenhe.com
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Happy Hump Day campers! The MBS market started off in positive territory this morning which has been reflected in the morning pricing.
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Thursday’s bond market has opened in positive territory despite mostly unfavorable economic news. If you are purchasing or refinancing within the next 45 days, you should lock your loan.
See the details in Thursday Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thursday Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
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- 3,510
Happy Friday Campers! Stocks are higher and Mortgage Bonds are slightly lower after a better than expected reading on inflation from the PCE inflation report, although spending was higher. Consider locking your rate if you are closing a loan within 45-60 days.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Good Morning Campers...we're off to a relatively flat start in the MBS and stock markets this morning. The bond market is down a little which might have a small negative impact on rates this morning.
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The MBS and bond markets have both opened in positive territory this morning. Today is a very good day to lock in your rate if you are purchasing or refinancing within 60 days.
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
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- 3,510
No rate changes from the FED unfortunately. It was expected not to change just yet.
See the details in Wednesdays Mid Day Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Mid Day Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The MBS and bond markets have both opened in positive territory two days in a row! Who'd a thunk it? Today is another good day to lock in your rate if you are purchasing or refinancing within 60 days.
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bonds and MBS markets are down this morning due to an employment report that blew the forecast out of the water. Today is not the best day to lock.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond markets are still reacting to the bogus Employment report losses. It is not a good day to lock.
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond market has opened in positive territory this morning which is good news for rates. If you purchased or refinanced within the past two years, you want to see at least a .75% reduction in rate to make it worth your effort to maximize benefit. Call us today at 619-255-3182 to see how much savings we can provide.
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond market is currently in negative territory (hold off on locking at present). There is a 10-year Treasury Note auction this afternoon which may have an impact on pricing.
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Here is a link to a great article about real estate investment "Buying For The Long Term"
The bond market opened in negative territory this morning. I would advise floating your rate for now and not locking in just yet.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
The bond market opened in negative territory this morning. I would advise floating your rate for now and not locking in just yet.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond market has opened flat today so I would not expect much fluctuation with rates today. I would suggest waiting for a better day to lock in your rate when we get some positive activity in the MBS and bond markets.
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Uptick in inflation is impacting the MBS, bonds and stock markets negatively this morning. I would suggest floating your rate for now until we see a reversal of fortune...
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The MBS and bond markets are rebounding a little this morning. It's a good day to lock your purchase. Marry the home, date the rate. With the equity you will gain in the first year versus the cost of a refinance, it is much better to purchase now rather than wait. Call me for further explanation.
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The MBS market is still running warm this morning after a late surge yesterday. Rates will be positively reflected this morning.
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
MBS market is tanking right now and the bond market is not off to a great start either. This morning's economic news showed that inflation is stronger than expected. Not a great day to lock in your rate.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The MBS and bond markets are off to a good start this morning. The stock markets are not fairing so well. We should see an improvement in cost per rate this morning by .25%. It's a good time to lock if your loan is closing soon.
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Today is a good day to plan, not to lock. Keep watching the market for a bounce back. The MBS and bond markets are taking a pretty good beating today.
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The MBS and bond markets continue their downward trend...
See the details in Thurdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Thurdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond market has opened in positive territory improving the rates/fee's this morning. The FED has restated that it is likely to lower the Prime rate this year but it is unlikely to impact mortgage rates a great deal.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Happy Monday Campers...the bond market opened in negative territory this morning. If you must lock, do it quickly. If the bond auction goes poorly later today, we could see another increase in rates this afternoon.
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Mondays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
If you would like to get some good information on investor loans, I have a great article on DSCR investor loans click HERE I can do these loans in just about every state in the U.S.
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Tuesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond market has opened in positive territory this morning so we should make up yesterday's losses in this morning's posted rates.
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Wednesdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
The bond markets are continuing the runs in positive territory today.
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Thursdays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Friday’s bond market has opened in positive territory after this morning’s economic data gave us favorable results.
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Have questions about which mortgage loan is right for you? Call us at 619-255-3182. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
See the details in Fridays Rate Lock Advisory...click HERE
For top 1% mortgage rate pricing and a comprehensive look at your purchase or refinance scenario in California, call us today at 619-255-3182 or email me at [email protected].
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Monday’s bond market has opened in negative territory, recovering some of Friday’s late gains. Price per rate could deteriorate by .25% bps this morning. There is nothing scheduled today that is likely to affect mortgage rates further.
See the details in Mondays Rate Lock Advisory...click HERE
Have questions about which mortgage loan is right for you? Call us at 619-255-3182 or email me at [email protected]. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details in Mondays Rate Lock Advisory...click HERE
Have questions about which mortgage loan is right for you? Call us at 619-255-3182 or email me at [email protected]. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
Last edited:
Tamalewagon
Little Buddy
- Joined
- Sep 24, 2007
- Messages
- 9,535
- Reaction score
- 3,510
Here is a great article on the FED and their views of lowering the Prime Rate. Click HERE
See the details of Tuesdays Rate Lock Advisory...click HERE
Have questions about which mortgage loan is right for you? Call us at 619-255-3182 or email me at [email protected]. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
See the details of Tuesdays Rate Lock Advisory...click HERE
Have questions about which mortgage loan is right for you? Call us at 619-255-3182 or email me at [email protected]. For California borrowers, we offer rates that are consistently lower than any credit union or bank for 1st mortgages on your purchase or refinance.
Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
[email protected]
